Breakout trading is one of my favorite strategies. It involves waiting for price to move beyond resistance or support zones with strong volume, indicating a new trend. The key is confirmation: I use volume indicators and wait for a retest before entering. False breakouts are common, so patience is critical. This strategy works best during periods of consolidation where a big move is expected. It can be used in both bull and bear markets. With a well-defined plan and clear stop-loss, breakout trading can yield great returns. But discipline is the real game-changer here.
