Breakout Trading Blog
My Top 3 ADX Indicator Tips
As you may have heard me say, ADX is one of my favorite indicators for creating profitable breakout strategies. I’ve found great success using it to increase profits and reduce...
Hidden lessons from Hell’s Kitchen
Have you ever seen the show Hell's Kitchen with Gordon Ramsay? There was one episode where he lost his mind (which is most episodes!) because some poor chef kept tasting his...
We could have made kajillions but…
We screwed up last week. Well, technically it was the “TradingDirector” app my Hedge Fund uses that screwed up - it went crazy with a Heating Oil trade and entered a position 15...
success leaves clues
Have you ever watched a kid learn to ride a bike? They fall down. Get back up. Fall down again. But they keep going. Trading works the same way. I see it every day. The best...
Babe Ruth’s secret weapon for traders
Did you know Babe Ruth had a secret weapon that made him such a legendary baseball player? It wasn't his powerful swing. It wasn't even his natural talent. His real superpower was something much simpler - he was incredibly selective. Ruth only swung at pitches he...
Better exits equal bigger profits
I received this question on the BTA Youtube channel last week: "What are the different types of exits that can be used on breakout strategies to improve profits?" This is a great question and it’s one that traders don’t often ask. Many traders focus on entries...
I got lucky in Japan
I discovered something pretty wild about the Japanese markets this week. Here's the deal... Interactive Brokers asked me to present a webinar on how to build breakout trading strategies. And as part of the webinar, they requested I showcase a breakout trading strategy...
my expensive “long-only” lesson
A few weeks ago I was in Saudi Arabia. I was there for my Hedge Fund, and something weird happened. See, in Saudi Arabia, they don't allow short trading. It's against Shariah law. So we had to run an experiment... We removed all our short trades from our portfolio....
my obsessive trading confession
Ever have one of those moments where you get a little obsessed with something? That happened to me with breakout trading. I couldn't stop testing new ideas. Before I knew it, I’d created 2,500 different trading strategies. (Yeah, I might have gone a bit overboard...)...
MY NEW PORTFOLIO: 4 Things I Learned
Building robust portfolios can be one of the most challenging parts of algo trading. Over the last few years, I've spent a lot of time researching and testing portfolio techniques, using my findings to build a completely new trading portfolio. It’s one of the best...
dinner with candles
With so much tension and craziness happening around the world right now, I wanted to share something funny I saw a few days ago… Haha, can you relate? I can. I remember when I first got started in trading, it was all I could think about. I was addicted to looking at...
lost in a maze
Have you ever gotten lost? Not just a little bit lost, but truly lost? That happened to a family in Massachusetts a few years ago. They ventured into a corn maze just before dusk. They wandered for hours, as the maze twisted and turned. As darkness engulfed them,...
My Best Algo Trading Tips (for BEGINNERS)
Benjamin Franklin once said “time is money”. Or was that 50 Cent? Regardless of who said it, I just released a short video with some of my favorite algo trading tips (for beginners) to save you both time AND money. > Click here to watch the video now Tomas. PS. Are...