Kris Kullamagi Breakout Setups

The danger of overtrading is real. If you're bored and nothing is happening at the moment and you try to "force" something to happen,well,it usually leads to bad things,at least in my experience. If you have that mentality/personality you should probably stick to daytrading and scalping. I dont think it will work with swing trading.
 
Have begun creating a "database" of stocks that have made massive moves as suggested by KK. See attached...I am creating the filenames as such for sequential viewing and the naming convention can later be used by an app I write to query the examples.
 

Attachments

This current market sucks for breakout trades. There's just no follow through to the breakouts. Even Kris himself admitted as much. Maybe some volatility will return after the first of the year. I think we got spoiled in 2020.LOL.
 
tomkat22 said:
This current market sucks for breakout trades. There's just no follow through to the breakouts. Even Kris himself admitted as much. Maybe some volatility will return after the first of the year. I think we got spoiled in 2020.LOL.
More...
IMO, the holy grail of this style of trading is to be able to quickly identify when breakouts are working and when they are not.
 
You must log in or register to reply here.
Back
Top