Breakout Trading Blog
5 ways to finish your trading year strong
Wondering where the year has gone and how you can make the rest of your trading year incredible? Andrew Swanscott and Tomas Nesnidal discuss their top 5 ways to finish your...
The “initialization protocol” to make sure you’re fully prepared to trade live
A while ago, I watched a video of Elon Musk talking about the early days at Space-X. He said one of the hardest parts of the process, was framing the question of what they were...
Want more predictable trading results?
Sometimes the best insights can be gained by challenging conventional wisdom. Even the conventional wisdom of successful investors, like Ray Dalio. My hedge fund team and I...
Beware the ‘Rule of Thumb’!
So called ‘Rules of Thumb’ are very popular in the world of trading, investing and personal finance. You probably know about the 2% rule. You may have also heard of the Rule of...
We finally did it
Well it’s about time. I finally did it. And it felt good! Have you ever had a task you've been meaning to complete for a long time, but you keep putting it off 'for another day'. But 'another day' never comes? I've been doing that for a while now, but today I FINALLY...
The difference between survival and suffering
Oymyakon is a small village in Russia, where the average Winter temperatures drops to a bone-chilling -50 degrees Celsius (-58 Fahrenheit). The village is widely accepted as the coldest inhabited place on Earth, and it’s so cold there that the electronic thermometer...
Making money in trading is easy (or is it ?)
Have you ever noticed that a lot of traders are very skeptical and negative about trading? Just a brief look at some trading forums shows that many people call themselves “traders” when they’re nothing but an advertisement against trading. These people are not in...
The #1 reason why the winner takes it all
This week I’m in Prague, the capital of the Czech Republic. The place where I was born and lived for many years. Walking the streets of the Old Town brings back a lot of memories, some of them related to my former Czech students. For a long time, I used to co-own the...
The power of the trading community
Last week, I stumbled upon a quote from a Mexican economist José Ángel Gurría. The quote said: "It takes collaboration across a community to develop better skills for better lives." - José Ángel Gurría [bctt tweet="“It takes collaboration across a community to develop...
![[Automated trading] What’s stopping you?](https://bettertraderacademy.com/wp-content/uploads/2018/04/83770750_m-min-e1542143263854-280x160.jpg)
[Automated trading] What’s stopping you?
Recently, we’ve received an interesting question during the 14-Day Breakout Challenge: Tomas, why did you leave other trading styles (commodity spreads, pair trading, options, etc.) and focused on ATS (Automated Trading Strategies) only? Here’s the answer… The reason...
Four levels to smash false breakouts
We all know this pretty well: A breakout trade in an established trend is triggered. Everything looks really great – the markets are trending and momentum is in place. But as soon as you enter… ... prices reverse immediately and within minutes hit your...
Profiting in volatility
In trading, it is said that the ‘trend is your friend’. However, some traders are concerned about the recent increases in market volatility and the lack of trends on higher timeframes in some markets, especially the indexes. But volatility can be your friend too - an...
Let’s talk position sizing
Last week we have published a post about the optimal stop-loss size. The post obviously brought attention, and I got one very interesting (and important) feedback that I would like to use as a subject for this week’s post. But first, let me post the email...