[Question] I end up giving up in the end when I try to catch the initial move-on trend【Answer】

Community with questions ↓

Early-stage breakout trading: the only way to enter at the top and bottom

【Question】

When it comes to early-stage breakout trading

I know the profits can be large

but I’m not able to keep up with the understanding

If a trend appears, I think I can profit and be happy, but

it takes time, right?

During that period, my mindset doesn’t last

I know the logic will profit, but

I can’t keep up with the act of trading

I always end up giving up

What should I do?

【Answer】

Well,

early-stage breakout trading

works well if the first trading logic is early-stage breakout trading

I’m new to both handling and trading, so I don’t have unnecessary market concepts

But those who change their approach to early-stage breakout tend to switch from other logics like averaging down

Therefore, they end up giving up before showing profits from early-stage breakout

The reason is that although early-stage breakout ultimately yields profit

the trades from the start to the end are wasted

and you tend to feel more like gambling than trading

In contrast, averaging down logics

can be increased daily, so ultimately they revert to the trading logic

Early-stage breakout is

almost a mental trading in itself

Mental state becomes the most important factor

Basically

the combination of technicals + mental state is the strongest

and doing it with the early-stage breakout trading logic

is the easiest way when doing capital-raising trades

However, elevating to that trading logic

is still difficult; but once you elevate, the mental state will follow

by that time, early-stage breakout will become a simple trading logic

【Reply to the answer】

Thank you

Early-stage breakout is simple yet difficult, so I’m glad

to hear that

Early-stage breakout seems hard, but

I want to increase my profits, so I’ll give it a try

※ For those who want to continuously increase with FX, see here ↓