#BreakoutTradingStrategy

Here is a simplified explanation of the "Breakout" trading experience.

**The Idea:**

You buy when the price rises above **Resistance** (the highest recent level), or sell when it falls below **Support** (the lowest recent level), expecting the movement to continue.

**My Experience for Beginners:**

1. **High Risk:** False breakouts are common! The price sometimes suddenly reverses.

2. **Timing is Difficult:** Accurately identifying support/resistance levels requires practice.

3. **Volatility is High:** Price movement after a breakout can be fast and aggressive, you may lose quickly.

4. **Very Important:** Use a **Stop-Loss Order** to protect your capital.

5. **Best:** Start with a very small size and learn to read charts and candlesticks well.

**In Summary:**

A risky strategy for beginners on Binance. Learn technical analysis well, start small, ensure a stop-loss, and expect breakouts.