Mastering Breakouts: Do You Have a System to Identify and Trade Breakouts?

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trader Development, Trading LessonLeave a Comment

I read a statistic several years ago that the majority of what traders call “breakouts” fail. For this very reason there are algorithmic trading programs that fade breakouts. And there are some manual traders who love to fade all breakouts as well. There are many others who like to load up in the direction of the breakout 100% of the … Read More