✅ Check Mark's Premium Course: ✅ Trade with our sponsor broker: HYCM
✅ Please like, subscribe & comment if you enjoyed - it helps a lot!
Pros and Cons of Trading A Breakout Strategy. What is a breakout strategy? Is breakout trading profitable? Breakout strategies are covered in many trading books. From a bull perspective, the market breaks thru a new high and you buy with the expectation the market will continue on and on. As with all strategies there are pros and cons to it. The obvious upside is that if you can get on the end of a big move you are really going to make your month or quarter. The point is that if you have the right conditions and you have everything lining up and you get a breakout it can be a perfect storm. This is because breakouts can happen when big money is moving and can be triggered by a macro event. The problem is that they don't work that often. What is the most aggressive but profitable forex trading strategy? Is trading at a price breakout a good stategy?
⛓️ 🔗 Channel Sponsor 🔗 ⛓️
✅ Our channel sponsor for this month are HYCM meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider
Sign up with HYCM:
Related Videos (these are just of the videos we created on breakouts - for more just use the search function on this channel!)
Trading Breakouts: Which Breakouts are Likely to Work Out Best? ✔️👍
Trading Breakouts: 5 Situations Where You Shouldn't be Buying a Breakout
A Simple Breakout Trading Rule: Longer Price Stays in a Range = Bigger Breakout 🔥
Tips for Identifying Real Breakouts! 🙂
Spotting the Difference between a Pullback and a Reversal? 📈📉
How to Trade Breakouts: A Simple Strategy 💡
Using False Breakouts to Your Advantage in Day Trading: How to React to False Breakouts 📈
Breakout Trading Strategy: Exiting a Breakout Trade within a Trend 👊
Classic Breakout Strategy with a Twist! 🎩
Trading a Forex Breakout if you've Missed the Move 😑👍
Trading Strategies that Profit from Trapped Traders: How To Trade Against the Losing Traders 🔥
0 Comments