Breakout Trading Blog
whack-a-mole traders
Ever watch someone play whack-a-mole at an arcade? That's how most traders approach the market. They're constantly swinging their mallet, hoping to hit something... anything. And...
How To Trade Asian Markets
Most traders only focus on US markets, leaving a TON of potential profits on the table. Imagine being able to trade globally, following the sun from Asia to Europe to the USA and...
small details create big trading profits
Last Sunday's Protege coaching call was a bit like watching a murder mystery unfold. One of our Protege members was scratching his head over his swing strategy results....
two giants walk into a party
I had an unexpected thing happen at a Christmas party in Kuala Lumpur this week. Being 6'4" tall (193cm for my metric friends), I'm usually the giant in any room. And in Asia? ...
when trading kicks your butt
Ever had one of those trading days where everything goes wrong? Me too. Plenty. And not just days, but weeks, months, and quarters where it’s all a bit of a struggle. Trading can get incredibly frustrating when you’re not getting the results you want. But when I look...
Top 3 indicator tips no one tells you
Trading with the wrong indicator settings can burn your account fast. One of my favorite indicators for breakout trading is ADX, which can be incredibly powerful when used properly, but I’ve noticed lots of traders use it incorrectly… It's like watching someone try to...
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 losses, but most traders use ADX incorrectly, so… I’ve just released a new video where I...
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 risotto every 30 seconds. The chef was so paranoid about getting it wrong that he couldn't...
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 times larger than it should have! My heart nearly stopped when I saw those numbers. It...
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 traders I know invest in themselves like crazy. They're always learning. Always growing. ...
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...