#BreakoutTradingStrategy
In my trading journey, I’ve learned that not every breakout is real. Many times, the market gives a false breakout (fakeout) and quickly reverses.
To avoid getting trapped, I follow these 3 steps before entering any breakout trade:
✅ 1. Watch the Volume: I check if the breakout is supported by strong volume. No volume = no entry.
✅ 2. Wait for Confirmation: I don’t enter on the first candle. I wait for a clear confirmation candle to close above/below the level.
✅ 3. Always Set a Stop-Loss: I place my stop-loss just below the breakout level (for bullish breakouts) or above it (for bearish breakouts).
This simple strategy has helped me reduce losses, especially during volatile or uncertain market conditions.