#BreakoutTradingStrategy
The breakout strategy is one of the most popular among active traders. It seems simple at first glance, but it requires patience, discipline, and quick reactions. I use it when I see the price accumulating within a clear range — consolidation, flat, or triangle. As soon as there is a breakout with volume, I'm in the game.
The key is confirmation. A breakout without volume is a trap. A breakout with consolidation volume is a signal. I set take profits in several stages and always use stops — a breakout may turn out to be a false breakout.
This strategy is for those who know how to wait and then act without hesitation.