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Trading Breakouts

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"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." - Richard Dennis

A breakout occurs when the stock price moving outside a defined support or resistance level with high volume. Check out this tutorial to understand how to breakout trading works.

This tool runs 100 backtests across different breakout trading parameters and finds the best parameters for trading your stock. This allows you to enter trades when momentum is in your favour.



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