Breakout Trading Answered

Wondering which trading style you should focus on and why breakout trading is so popular (and profitable)? Tomas Nesnidal and Andrew Swanscott share "7 Reasons You Should Trade Breakout Strategies NOW", including: Does breakout trading work, Which markets does breakout trading work on, Why it's important to have simple trading models, Account size required for breakout trading, plus Micro futures,...

Want to build breakout trading strategies that actually work? Tomas Nesnidal and Andrew Swanscott share 5 tips to build better breakout trading strategies, including: How to avoid the noise to create better better breakout strategies, Why you should always prototype on a small piece of data only and how much data you should use, Why you don't need to worry about the "rationale" behind a trading st...

Want to improve your breakout trading results? In this episode, algo trading specialists Tomas Nesnidal and Andrew Swanscott share 6 top tips for algo breakout trading. For more great trading content, visit: https://bettertraderacademy.com

Markets aren't always on our side. In fact, at any moment, they can turn on you. And right now, we're seeing a lot of panic in the markets. The question is, how ready are you? And more importantly, how protected is your account? Do you watch your trading account flush down the drain and get completely wiped out? Or do you have systems in place to protect it and thrive? The good news is that you do...

People that want to become successful traders tend to start their journey the wrong way. Many will follow a 'corporate-like' path, thinking this is how to find the answers about successful trading, however... I've been a trader for 12 years and let me tell you…THAT is not the case. There's only ONE way you can build a successful trading career. And in this new podcast, I'll share exactly that!  He...

Launching a new trading strategy can be tricky. Sometimes even the most obvious moment can come with painful consequences. Unfortunately, I had to learn the hard way...  But now I've got some good experience on how to time the launch of a new trading strategy properly. (Because, in trading, EVERYTHING is about the right timing).  In this new podcast episode, I share some valuable tips to stop you...

Everyone wants more profits.  And they want it faster. That includes me, you and all the other traders out there. There are some really great approaches to speeding up the growth of your portfolio. Some work ok, and some work better than others. The technique I'm going to share with you today has been doing real magic for me. For years. We use it heavily in our hedge fund too.  But it'll probably...

Strategy validation is a crucial part of live trading. Get it wrong and the results can be disastrous. Traders rely on various techniques to validate strategies, including out of sample testing, but how do we know if the approaches we're using are even valid? In today's podcast episode we discuss a series of questions submitted by trader Sam. Sam raises a number of interesting points about out of...

If I asked you today: Can you see yourself flying on a private jet in 12 to 24 months? What would you reply? Could you see yourself in that position in a year from now? From my personal experience, a lot of traders will say 'No WAY'. They'll completely shut down the idea and intention of visualizing their near-term future. But as a matter of fact, visualizing your 1 to 2-year goals is what may act...

Who wants more free time to do the things they enjoy the most? To live the life of our dreams and not have to eat, breath and sleep work? I'm sure we all do, but how can we do that and still make money at the same time? No… the answer is not the cliché 'work harder'... The answer is to work SMARTER. Luckily, we're in an era where we can leverage technology so that the majority of our work can be d...

Can you believe 2018 is gone, just like that? Yep! And what a year it has been… A lot was achieved, and a lot was learned. Now, like for any other year, it's crucial to reflect on where you were the most and least successful in 2018. It'll make your 2019 goals a lot more REALISTIC and allow you to really focus on what can be improved. So, join us in this podcast while we go back in time through th...

Shiva is a guy like you. He loves trading. He's success driven. He's smart. And he's very passionate about what he does. And he has definitely been one of the most progressive students of the Breakout Strategies Masterclass . He enrolled in the masterclass just 6 months ago, but since then he has already developed and started trading his first breakout portfolio LIVE. Let me repeat that: With the...

Handling drawdowns and losing streaks is one of the biggest challenges traders face. We say (or think) that we're ready for them, and that we know what our tolerance is and can handle them… but problems can arise quickly. Traders often underestimate how long, painful and frustrating drawdowns can actually be. They can leave us devastated for months… Or even completely break us… But believe it or n...

It's no secret that trading comes with its own challenges and obstacles. But as for any other worthwhile endeavour, perseverance and persistence is often the key to success. On today's podcast, we have Jim, a retired currency trader, who's a great example of this mantra. Jim took an interest in automated trading as a way to solve a lot of the issues he had with discretionary trading. He started de...

Most traders love "tinkering". We're always looking for the next problem to fix, the next idea to try out, the next thing to learn and tweak. In our trading journeys, we can become obsessed with understanding every single detail that a lot of the time has no relevance to our progress. We can become so occupied with artificial problems that we're not making space for what truly matters… live tradin...

Have you ever wondered why there are so many losing traders? You can have all of the know-how, the best techniques, the best software… … You can even be the smartest person on the planet. But still not achieve the success you're looking for. In today's podcast, we talk about what's holding traders back from achieving their full potential. Here's what you'll discover: The key reason why many trader...

A couple of weeks ago we shared a podcast about Dynamic Position Sizing (DPS). After that episode, we received an interesting comment from BTA podcast listener Paul (thanks Paul!), which we believe could bring more clarity to other traders as well. Paul is a trend follower who's been trading for about 2 years. He's figured out that varying his position sizing can be a good way to improve his resul...

A lot of traders think of performance in terms of the dollars they've made or lost. But knowing how to effectively measure trading strategies, portfolios and overall trading performance is key to long-term success. The overwhelming number of statistics available in backtesting software these days is incredible, but… Most of it doesn't actually matter. So, how do you separate what's important from...

Imagine starting your trading journey. You have a super positive mindset and you're excited to learn and succeed. You keep learning and improving your craft, and you keep seeing positive results coming your way. You have profits. You feel great! You have a good number of robust strategies and your equity curve is looking smooth. But all of a sudden… you feel like you've been hit by a hurricane. Yo...

Last week, we hosted a brilliant discussion with the orthopedic surgeon, Alan. With his outstanding surgical focus and the Breakout Strategies Masterclass , he created more than 70 highly robust strategies in less than 2 months. If you haven't listened to that podcast yet, make sure to check it out first as Alan shares all of the crucial lessons he's learned throughout his trading career. But he's...

Alan, an electric engineer tuned orthopedic surgeon, went into trading with a positive and enthusiastic attitude. And as most traders do, he learned the hard way… He learned that the beautiful backtesting curves being sold online bring you nothing but pain and frustration. And you can probably guess that Alan lost a big chunk of his account very quickly… Actually, he lost 50% of his account in ONE...

Trading is a probability game. But the probability of the success of each trade changes every single time. While the market conditions of today may reduce the probability of a trade by 50%, tomorrow the conditions may increase the probabilities. So, it doesn't matter what trading system or strategy we trade… we cannot treat all trades equally.   If a trader has a proper understanding of this, it c...

Let's face it… most traders will NEVER make money in their trading career. Yup, you read that right… in their ENTIRE trading career. And why is that, you may ask? Well, we could call it a tradition! Tradition is that one way everyone does something the same. That one path that everyone follows. For example, you see many generations of traders using the same risk management approach. Understandably...

Imagine having a trade that's had a nice run and is holding a tidy profit. Then, just before the market closes, right before you're going to exit your trade, there's a fast sell-off and you end up closing the trade with a loss. Yup, one minute you're on the right side of the market and the next you're watching your trading account suffer. It just sucks! Creating good trading strategies is challeng...

Imagine you need a new pair of shoes. You go to the shoe shop and explain to the store attendant what type of shoes you want. Now, imagine if the store attendant tells you they only have 1 type of shoe and it only comes in 1 size. They recommend this same shoe to ALL of their customers, and they recommend it to you too. They don't even check if it's in your size! Would you take it? Probably not. T...