Tag: sideways range

Breakout Trading Strategies

Breakout Trading Strategies

Trading Strategies
Breakout trading strategies are quite popular just as trend trading strategies. In fact, compared to trend trading, breakout trading strategies are likely to come out higher. This is due to the fact that the markets tend to be in a range most of the times. The profit potential from break trading strategies are bigger and quicker, compared to trend based methods. With trend based methods, profits are not quick to come by. With a trend based trading strategy, you will have to hold on to your position for a prolonged period of time. The main benefit of using a breakout trading strategy is to capture the big gains based on the volatile breakouts. Despite the quick gains, breakout trading strategy can also result in significant losses. To avoid this, find an edge by getting familiar wi