Breakout trading sometimes gets a bad rap.
People complain the win rates are too low…
They suffer from nasty drawdowns…
And false breakouts are painful.
While this is partially true, we should remember ALL trading strategies have good points and bad points.
No trading style is perfect, so whichever way you trade, you’ll have hurdles to overcome.
Fortunately, I’ve focussed on breakout trading for so long that I’ve created solutions to crush these challenges. So whenever someone suggests breakout trading is bad, I have a little chuckle and then respond with this…
Breakout trading is the BEST trading style ever!
Here’s why:
✅It’s a timeless edge
✅It’s simple to understand
✅It works on any account size
✅It works across all asset classes
✅You don’t need fancy software to do it
✅You can create breakout strategies fast
And don’t forget, it’s profitable too.
Some of the best traders in the world trade breakouts.
It’s ok for people to prefer other trading styles – they’re allowed to be wrong. 🙂
Breakout trading has worked for hundreds of years and will continue to work for a long time yet.
If I had to start all over again, I’d still choose breakout trading.
It’s the best way to trade!
Tomas.