How To Make Money Through Breakout Trading (English, Paperback)(Paperback, Indrazith Santharaj)
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Breakout trading is a popular strategy used by traders to capitalize on strong price movements after an asset breaks through a defined support or resistance level. It's especially effective during volatile market conditions or when markets are trending after periods of consolidation.What is Breakout Trading?Breakout trading involves entering a trade when the price “breaks out” of a key level — either above resistance (bullish breakout) or below support (bearish breakout).These breakouts often lead to significant price moves, driven by momentum, volume, and a shift in trader sentiment.Final Thoughts :Breakout trading is powerful but requires patience and discipline. It works best when:Markets are volatilePatterns are clearEntries are preciseRisk is controlled