Trading Strategies And Methods

You can trade breakouts any time. You don't have to necessarily wait for news or something like that. Of course you don't want to trade breakouts like 'Ok, I don't know which direction the market is going to head, just show me something and I'll take it'. No, you have to figure out the direction prior to that. In this video Navin explains how you use your other skills to understand which breakouts will work and which ones won't. He also explains how all those skills - like support & resistance, trendlines and ranges - work. As always, if you don't have the basics properly mastered you can use any edge you want, but it simply won't work. So for that reason Navin spends a lot of time explaining those concepts as well.