Price: ₹ 49.00
(as of Aug 18,2020 21:53:02 UTC – Details)
Do you like to capture the right moves from 1 day to 2 weeks?
How to differentiate a genuine breakout from a false breakout?
Do you want to take Trading for Living?
The answer is nothing less than a revelation!
This book provides a simple yet effective way of identifying real breakouts on candlestick charts and how to manage the trades along with the money management approach.
It is effortless to manage trades using this system. All you need is 30 minutes post-market hours to identify the scripts and 5 minutes to place the orders after the market open.
Do you know every trader (be it intraday, swing, positional, or scalper) should know how to differentiate a genuine breakout and a false breakout?
Do you know why?
Because, every ‘Entry’ and ‘Exit’ in any trade should come through a breakout or false breakout opportunity!
It’s important to understand two herds that exist in the market:
1. Smart Money and
2. Dumb Money
‘Smart Money’ refers to institutional investors, big sharks who have money and information power who give direction and momentum to markets.
‘Dumb Money’ refers to nonprofessional traders, retail traders who often try to make quick money.
Do you agree that it’s always a good idea to follow the smart money?
Then you have to learn the right way of identifying real breakouts.
This Breakout Trading System consists of three critical components:
1.Drawing Proper Trend Lines
2.Identification of Real Breakout
Useful references to draw a trend line:
b.The Slope of the Trend Line
c.The price should respect the Trend Line
The four things mentioned below are essential to separate a real breakout from fake ones:
1.A Big Breakout Candle
3.Absence of Opposite Party Response (selling)
Along with these concepts, this book also answers the below questions:
1. Why Even Smart People Fall for Market Conditions
2. How to Take Your Exit To the Next Level
3. The Untold Story About Trail SL
It also provides 10 great lessons on trading, 25 excellent traders’ information on Twitter.