#BreakoutTradingStrategy The Breakout Trading strategy is one of the methods that many people use because it relies on entering when the market 'explodes' with a strong movement. Simply put, you monitor the price as it moves within a narrow range (like a small box), and when it breaks above or below the barrier, you enter the trade. I have tried it several times, and the key to it is patience because you have to wait for the right moment and not rush. Also, not every breakout is genuine; sometimes it can be a trap, which is why you need to use confirmations like trading volume. What distinguishes it is that it offers great opportunities with quick profits if the timing is right. But like any strategy, you need to have a stop loss to protect yourself.