A stop-loss order is the most effective way to cut your losses when a trade turns. You need to place the stop-loss order when you enter the trade. But deciding where to place it is difficult – the possible positions are infinite. Here Njabulo Nsibande illustrates his strategy with an S&P 500 chart.

When trading outcomes confound your market analysis, consistency and endurance are key to transcending the profit gap.

All markets are risky because every trade placed on any market is a probabilistic bet. The key lies in managing the risk.

The allure of trading is freedom – making good money without much work, and working from anywhere in the world. Like most things, the technical know-how is the easy bit. Putting it into practice is not so easy.

Whether your trades are winning or losing, they are all opportunities for learning and improving your trading process.

Just as overnight success takes 10 years, it takes a lot of showing up for you to be lucky

This will resonate with traders, young and old. Unfortunately it’s something that we need to be reminded of, again and again…

Bull markets are great. But this is one of the most dangerous environments for learning to trade. It can trick you into thinking you can do no wrong and that you’re a stock market maestro in tune with the market. It feels like everything you touch turns to gold and that you’re money-making machine.

Village Trader recently started trading in the futures market for the first time. The learning curve is more challenging than expected!

Over-trading is a common mistake when you’re starting out. In time, you will start to identify the unconscious assumptions that drive your trading decisions. In the meantime, this post highlights some common drivers, and a nifty technique to help you avoid over-trading.