Breakout Trading Blog
How To Make Breakout Trading Work: ENERGIES
Algorithmic breakout trading specialists Tomas Nesnidal and Andrew Swanscott discuss breakout trading in the energy markets, including: Why energy markets are some of the best to...
How to Make Breakout Trading Work: Indexes
Algorithmic breakout trading specialists Tomas Nesnidal and Andrew Swanscott discuss “How to Make Breakout Trading Work: Indexes”, including: The best index markets to trade (and...
5 unexpected ways traders lose money
Algorithmic breakout trading specialists Tomas Nesnidal and Andrew Swanscott discuss “5 unexpected ways traders lose money”, including: The “speed-boat” mentality that can make...
4 Proven Ways to Filter Bad Trades
Looking for some hot techniques that could improve your trading results? Tomas Nesnidal and Andrew Swanscott share “4 Proven Ways to Filter Bad Trades”, including: What are bad...
How ‘unlearning’ can make you a better trader
My friend Mike was a former CIA agent. Before that he worked in the military as a fighter pilot. And he’s been a phenomenal option trader for about 30 years too. In fact, I learned everything I needed to become a successful trader from Mike. And it can be put into 2...
How to train yourself against the pain of loses
Sadly, I know traders who have ended up with serious depression. Not because they couldn’t be profitable - quite the opposite. Because even after years of successful trading, they were still taking losing streaks too personally. They allowed losing trades to affect...
Work to death or automate?
Each year, around 30,000 people in Japan commit suicide. Why? Because of overwork. They even have a word for that kind of suicide in Japanese: “Karoshi”. And I personally think that many people around the world are close to Karoshi too. During my last visit to the US,...
From Michael Jackson to traders: You are not alone
This post is going to be sad. Really sad. If Michael Jackson was still alive today, he would have celebrated his 60th birthday last week. The King of the pop has been gone for a while - and that alone is sad already. His music was timeless. Even people who are not...
How my student lost 50,000 USD in a few weeks
Yes, one of my students lost 50,000 USD. Yet, he is one of my best students ever. Here’s the thing: Some traders are people truly living on the edge. They live from adrenaline. And that was exactly this student of mine. He is a high-adrenaline guy. He's in perfect...
Does less optimization inputs mean better strategies?
Let me break a myth. The myth of ‘less is more’. The myth that a good trading strategy needs to be simple. Last week my hedge fund partner in charge of client acquisition had an important meeting. It was a meeting with the boss of the trading division of a big Czech...
Is your trading cursed?
Do you sometimes feel like your trading is “cursed”? When I first started trading I felt like that every single day. Each time I started building things up and got close to switching from “demo” to “live”, I suddenly stopped. And instead of taking the step forward, I...
Who cares about money?
Many traders don’t care about money, despite saying otherwise. They care about silly things. But not about money. When I was giving live trading seminars in the Czech Republic, I sometimes had up to 200 traders in the room. This is what it looked like: And as you can...
The 3 military fronts to beat markets
If you’re in the trading business, you’re already doomed. And yes, I’m writing this because I WANT to scare you. Here's why: During my 10+ year trading career I've realized an important truth: That if I don’t scare traders enough, then they don't take trading...