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Trendline Breakout Strategy Trading
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[QUOTE="theolove2021, post: 157438, member: 28307"] [B]Whatever method you use to enter trades, the most critical thing is that if there is a major trend, your approach should assure that you get in that trend.[/B] If you think about it… Breakouts are the only entries that will ensure you’ll catch every single trend — every single time. And that’s why most Systematic Trend Followers trade breakouts as their entry method. You might be wondering: “But what about pullbacks?” I know pullbacks are psychologically easier to execute because you’re buying low and selling higher. But it comes with a price — and that’s missing the entire trend because the market didn’t offer a pullback. So if you want to be involved in every trend that comes along, then you must trade breakouts. To your Success Theophilus S. [/QUOTE]
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