Best Stop Loss & Profit Target Methods

For a lot of new traders the big focus is often the question of “where do I enter the market?” and whilst it’s true that getting in at the right time is key, it is not the be-all and end-all of trading. Any experienced trader will tell you that knowing where to put your stops and how to set your profit targets is just as important, if not more so, than knowing when to enter.

Forecasts & Stop Losses

I wanted to raise a slightly more light hearted topic in this article. Whilst you will hear us often comment at Littlefish that the big problem with the majority of retail traders is that they get their forecasts and trades wrong, today I want to demonstrate to you something that should lift your spirits a bit if you are still in the camp of getting it wrong.