Whipsaw

WHIPSAWED is a condition where a trader is caught on the wrong side of the trade over and over again.  It can be due to personal reasons where a trader will not follow their own rules, or it can be caused when their system is generating false signals.
Loss after loss, in addition to the commissions incurred, will take a heavy toll on the overall performance of the portfolio as well as the mental state and confidence of the trader.
 
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