Breakout Trading Answered

Do you remember those 'Apple vs PC' ads on the TV in the 1990s?   They were a funny but very effective look at the differences between 2 competing options, and they ignited a debate that continues on today. Everybody has their opinion on which is better, but the answer usually comes down to what you want to do with it.   And we can often see the same in trading software. A HUGE part of successful...

There are a lot of wrong assumptions when it comes to trading strategies… One is that you only need 1 or 2 strategies to be successful. Another is that a trading strategy will last forever. Both of these aren't true. The lifespan of trading strategies has been getting shorter and shorter over the years. The markets are getting noisier. There are more algorithms. Greater changes in volatility. Toug...

Most strategies fail. Most traders will spend their time trying to understand the most intricate detail as to why they failed. Even though that's a good thing overall, it can also be your worst enemy. At some point in your trading journey, you have to embrace that you can't decipher everything. Spending time trying to understand the minute details will make you lose money in the long run. I did ju...

Max Schulz, a swing trader from Germany, was having the time of his life in Thailand. One day, while sipping cocktails on the beach with his trading mates, someone jokingly asked if they could beat Larry Williams 10,000% return in the World Cup Trading Championships. With absolutely no preparation, and barely any experience in trading stock index futures Max took their joke seriously and entered t...

Imagine having access to thousands of different trading strategies… By analyzing their live performance, you could determine exactly what works and what doesn't. Wouldn't that be amazing? Well, you're in luck! On today's episode, we're joined by Martin Lembak, a veteran broker with 17 years of experience. He's executed and analyzed more than 1000 strategies from some of the best traders and strate...

Every day there are billions of dollars turned over in the markets and traders can make (and lose) a lot of money. But there is so much hype, scam and lies on the internet about how much money traders make, it's hard to know what to believe. And whether you realise it or not, your expectations can have a subtle and sometimes radical impact on your trading performance. Many traders come into the ga...

On today's podcast, we have another success story. This time we're joined by Craig Peters from London, England. Craig is an algorithmic stock trader who scans about 10,000 global stocks every day looking for trading opportunities. He was looking for a way to reduce nasty drawdowns. After taking a technique he saw in a Better Trader Academy course and applying it in a unique way, he saw a BIG diffe...

Failure sucks. It is embarrassing, frustrating and deflating and can lead to doubt, stress and a huge bar tab at the local pub. Unfortunately, in trading, failure is a common occurrence. Especially with trading strategies. They can degrade painfully over time, and even fall apart completely... and sometimes VERY quickly. But there are some steps traders can take to reduce the chance of total strat...

On this episode of the BTA podcast, we're joined by a true trading success story. Henrik, who has spent most of his working career as a business consultant, joined the  Emini Breakout Strategy course  and initially did nothing with it. But then one day he took a key step which resulted in what can only be called an "overnight success". What did he do? How did he do it? And what were the results? H...

In today's BTA podcast episode, we're joined by a trading legend… Someone who knows what it takes to be the best… Someone with a trading career that spans almost 40 years and has won numerous awards for outstanding trading performance… Someone who has even consulted to power-house firms such as Goldman Sachs… AND he pioneered the use of 'Walk Forward Analysis' too! That's right, today we're honore...

Entries, entries, entries. Traders LOVE talking about entries. And even though exits are a critical part of trading, almost nobody talks about them. They're just not sexy enough. But exits can make a HUGE difference in your trading results, so it's time to stop ignoring them. We've received a number questions from Breakout Strategies Masterclass students about swing strategies and exits, and today...

Breakout trading is a very popular style of trading, however it does have some challenges which can really damage your trading account if you don't know how to handle them. And one of the BIGGEST challenges for breakout traders is false breakouts. Yes, it sucks getting into a trade only to see it reverse and hit your stop-loss soon after, but it's a part of breakout trading. So, what can we do abo...

After months of planning, the first episode of the Better Trader Academy Podcast is finally out! Filled with laughs and lighthearted conversation, we discuss the hot trading topics, answer your trading questions and interview some of our most successful students, uncovering key tips and insights to trading success. Hosted by the two creators of Better Trader Academy, Andrew Swanscott and Tomas Nes...