Unbelievable! How did I turn $200 into $1,000? You definitely won't see this coming! 🚀
A few days ago, I turned $200 into $1,000 in a single trade using a simple breakout strategy. The key is to patiently wait and not chase prices or panic sell.
The market repeatedly tested a key resistance level, and many traders would rush in upon seeing a breakout candle, but I chose not to act hastily. Breakouts are often traps, and reversals can happen at any moment.
I set a pending order, waiting for the market to pull back to my demand zone. After the breakout occurred, the price retraced to my pending order, ultimately surging strongly, yielding a fivefold profit.
Experience tells me that successful trading doesn't require chasing every single candle but rather waiting for the price to retest and entering precisely.