How to Make Money with Breakout Trading by Indrazith Shantharaj is a practical guide to mastering the breakout trading strategy, one of the most powerful and effective methods used by traders to capitalize on significant price movements. In this book, Shantharaj breaks down the essentials of breakout trading, providing step-by-step explanations, strategies, and real-world examples to help traders identify breakout opportunities and execute profitable trades.
The book covers key concepts, such as understanding chart patterns, determining entry and exit points, and managing risks associated with breakout trading. Shantharaj emphasizes the importance of timing, patience, and discipline, showing readers how to recognize breakout signals and filter out false breakouts. How to Make Money with Breakout Trading is ideal for both new and seasoned traders looking to refine their trading techniques and increase their chances of success in volatile markets.
Why How to Make Money with Breakout Trading is a Must-Read
Clear, Step-by-Step Guidance
Shantharaj simplifies breakout trading, offering clear explanations and actionable advice that traders can use to improve their market timing and decision-making.
Emphasis on Risk Management
The book teaches risk management strategies that are crucial for minimizing losses and protecting capital in breakout trading.
Real-World Examples and Case Studies
Shantharaj provides real-world trading scenarios and case studies to illustrate breakout strategies, making the material engaging and easy to apply.
Memorable Quotes from the Book “Breakout trading is not just about entering a trade at the right time it’s also about managing the trade effectively and controlling risk.”
Translation (Sinhala):
"බ්රේක්ඕව්ට් වෙළඳාම යනු නිවැරදි කාලයට වෙළඳාම ඇතුලත් කිරීම පමණක් නොවේ එය සාර්ථකව කළමනාකරණය කිරීම සහ අවදානම පාලනය කිරීමයි."
Translation (Tamil):
"பிரேக்க்அவுட் வர்த்தகம் என்பது சரியான நேரத்தில் வர்த்தகத்தில் நுழைவது மட்டுமல்ல, அது முறையாக கையாளப்படுவதும் ஆபத்தை கட்டுப்படுத்துவதும் ஆகும்."
“To succeed in breakout trading, you must combine discipline, patience, and a clear understanding of market behavior.”
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About the Book
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Title: How to Make Money with Breakout Trading
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Author: Indrazith Shantharaj
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ISBN: 9789390712150
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Publisher: Notion Press
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Published Year: 2021
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Number of Pages: 180
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Binding: Paperback
