The entire event took place during the publication of Non-Farm Employment Change and Unemployment Rate from the U.S. market. The movement shown in the chart lasted literally a moment. The One second at the same time would take forever.
After the publication of the data, Index increased from 15,875 points to 16,061 points (up 1.17 percent) and then decreased to 15,840 levels (a decrease 1.38 percent).
This type of market situations are very dangerous for traders who invest large financial levers. Within a few milliseconds can lose all of its assets in the portfolio. It is difficult to advise anything, you have to remember to always use a stop loss, so that we always know how much money will lose maximum in case that the market does not go our way.
regards,
oscarjp
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| chart 1. Dow Jones Future Index, 2013-12-06 |
This type of market situations are very dangerous for traders who invest large financial levers. Within a few milliseconds can lose all of its assets in the portfolio. It is difficult to advise anything, you have to remember to always use a stop loss, so that we always know how much money will lose maximum in case that the market does not go our way.
regards,
oscarjp
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