Chartered Market Technician (CMT) and Classical chart trader. Ex-Fund manager. 📈 ➡️ https://xitter.cf/t.co/VSwr0eryIS 📺 ➡️ https://xitter.cf/t.co/XFZI3RE8aj
A common misunderstanding in trading is that if a breakout strategy wins only 40% of the time, you would be better off simply flipping a coin—because a coin gives you a 50% chance of winning.
Peter Brandt is widely recognized for his disciplined approach to classical chart pattern trading. While much attention is given to identifying chart patterns and measuring price objectives, Brandt pl…
“From Chaotic Minds to Predictable Crowds: The Emergence of Order in Collective Behavior”
Pros of using a stop-limit order for early breakout entry (from an R:R perspective)
The Illusion of "Winning" Investments: Why Contribution Beats Attribution in Personal Finance
Naysayers are people who habitually say "no," deny, oppose, refuse, or express skepticism and negativity toward ideas, plans, goals, innovations, or other people's ambitions.
1. Sample Size & Market Context Matter
Breakouts to all-time highs are often described as “uncharted territory.” There is no historical overhead supply, no obvious resistance level, and no prior price memory to anchor expectations. Par…
One of the most persistent challenges traders face is not strategy — it’s execution.
Many traders obsess over losing trades. They dissect false breakouts, add filters, stack indicators, and attempt to engineer systems that avoid getting stopped out. This often leads down a dangerous p…
Markets rarely move in straight lines. Instead, they move in impulse → pause → impulse sequences:
The fear of failed breakouts is not really about breakouts.