10/06/2006

Should you buy breakouts

The most often asked question is why buy on breakouts. It is not necessary to buy on breakouts. You can buy using various tactics to get low risk entry. You may want to enter on a low range day, you may want to enter on a negative day, you may want to enter next day first thing after negative day. Or you can enter with a conditional buy stop.

There are ten important things if you want to increase a success of breakouts.

Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection
Equity selection

If you chose a Bugatti Veyron as your vehicle as against say a Ford Mustang in a race, no matter how bad a driver you are your probability of winning race is high.


The Veyron's numbers are staggering. It can hit 60mph in 2.5 seconds
thanks to four-wheel-drive traction, shoots to 125mph in 7.3 seconds
and reaches 200mph in less than 20. The Veyron 16.4 is the most
powerful, most expensive, and fastest street-legal production car in
the world , with a proven top speed of over 400 km/h.There can be no
commercial logic behind such a crazy machine, even with the Veyron's
price tag of one million euros (at the current exchange rate, that's
$1.2 million).


If you chose a company with high probability of going up no matter what your entry criteria, your chance of success will be high. Rest all is tactics.