How to Grade Breakout Setups | Range Expansion
In this "How To" video, I review recent trades. This video will help you learn how to grade breakout setups. Learning how to identify better quality setups will improve your win rate and profitability
A part of my daily/ weekly process is to review trades that I took and review trades that I didn’t take. This exercise helps “train my eyes” by seeing how stocks acted BEFORE they broke out, and how they act AFTER they broke out.
In this video, I also “grade” setups. This may help anyone who is struggling or feels lost. Trading has many nuances and what is most frustrating and confusing , is that trades can break out from super crappy setups and still work. Furthermore, stocks can also break out from textbook setups and fail.
By training our eyes and building a system to identify and trade A+ setups, we trade more like an operator, and less like someone throwing darts in the wind.
In this "How To" video, I review recent trades. This video will help you learn how to grade breakout setups. Learning how to identify better quality setups will improve your win rate and profitability.