How many of you have heard business channels or analysts saying that the stock just broke out from the specific levels and can give big moves either up or down?

We know that you must have heard this many times if you follow the stock market. So, have you ever wondered what these breakout stocks are and how to trade with them?

Well, breakout trading is used by active investors who want to take a position within a trend’s early stages. This strategy can indicate the starting point for significant price moves, increase in volatility, and, if managed properly, they can also offer limited downside risk.

So, in today’s podcast, let us discuss the 7 steps that you can follow when trading breakout stocks: