Breakout Trading Answered

Every day there are billions of dollars turned over in the markets and traders can make (and lose) a lot of money.

But there is so much hype, scam and lies on the internet about how much money traders make, it's hard to know what to believe.

And whether you realise it or not, your expectations can have a subtle and sometimes radical impact on your trading performance.

Many traders come into the game with unrealistic expectations.

They become deceived by these fairy-tale stories online.

They build up a completely wrong perception of trading reality, sometimes without even realising... and it can cost traders dearly.

So, in this episode you'll discover:

• The dangers of having false expectations and how it can impact your trading,

• How to determine how much return is realistic for a trader,

• How you can leverage your yearly return while keeping your account just the way it is,

• Tomas's top tips for keeping your expectations realistic and avoiding the destruction of your trading account,

• Plus, much more.

Do you have any trading questions you'd like answered? Submit them here, and we may cover them in a future episode!

On today's podcast, we have another success story.

This time we're joined by Craig Peters from London, England.

Craig is an algorithmic stock trader who scans about 10,000 global stocks every day looking for trading opportunities.

He was looking for a way to reduce nasty drawdowns. After taking a technique he saw in a Better Trader Academy course and applying it in a unique way, he saw a BIG difference in his trading…

Not just in back tested results, but in LIVE trading too.

The results have been outstanding and in our chat with Craig we dig deeper to uncover how he did it, so you can do it too.

Here's what you'll discover in our chat today:

• How global stock trader Craig improved risk adjusted returns by almost 40%,

• How he took a simple (but very powerful) technique and applied it in a unique way to achieve incredible results,

• The "Composite Indicator" Craig created to filter out poor-quality trades,

• The importance of being creative to get an edge in the markets,

• How you can leverage the same techniques as Craig to start improving returns and slashing painful drawdowns,

• Plus, so much more.

Do you have any trading questions you'd like answered? Submit them here, and we may cover them in a future episode!

Failure sucks.

It is embarrassing, frustrating and deflating and can lead to doubt, stress and a huge bar tab at the local pub.

Unfortunately, in trading, failure is a common occurrence. Especially with trading strategies.

They can degrade painfully over time, and even fall apart completely... and sometimes VERY quickly.

But there are some steps traders can take to reduce the chance of total strategy failure.

In this podcast episode you'll discover:

• The #1 top technique that will increase your chances of creating successful strategies you can brag to your friends about,

• How to surge past other traders by using an effective strategy building process,

• Tomas's sizzling hot tips to get ahead of the game by selecting only the best strategies to trade,

• The do's and don'ts of creating robust strategies that can crush bad 'money-sucking' strategies into oblivion,

• Plus loads more.

On this episode of the BTA podcast, we're joined by a true trading success story.

Henrik, who has spent most of his working career as a business consultant, joined the Emini Breakout Strategy course and initially did nothing with it.

But then one day he took a key step which resulted in what can only be called an "overnight success".

What did he do?

How did he do it?

And what were the results?

Here's what you'll discover in our chat:

• The key steps Henrik took to achieve results FAST, and the incredible results he was able to achieve overnight while he was sleeping,

• Why lots of traders are focusing on the wrong aspects of trading and where they should focus instead,

• The simple one-word approach traders can use to reduce drawdowns and achieve more consistent returns,

• How you too can leverage the work of others and experience the same "overnight success" Henrik did.

In today's BTA podcast episode, we're joined by a trading legend…

Someone who knows what it takes to be the best…

Someone with a trading career that spans almost 40 years and has won numerous awards for outstanding trading performance…

Someone who has even consulted to power-house firms such as Goldman Sachs…

AND he pioneered the use of 'Walk Forward Analysis' too!

That's right, today we're honored to be joined by special guest Robert (Bob) Pardo.

Not only has Bob had a HUGE impact on the trading community, he's also learned what it takes to become a successful trader and he's going to spill the beans and share some valuable insights with us today.

Here's what you'll discover in our chat:

• The differences between the institutional world and the retail trader, and what the retail trader can apply to their own trading,

• How Bob's trading insights have changed since the release of his book in the 1990s,

• What key aspects you should watch when creating your own strategies to avoid failure,

• How Bob constantly improves himself and his trading performance.

Entries, entries, entries.

Traders LOVE talking about entries.

And even though exits are a critical part of trading, almost nobody talks about them.

They're just not sexy enough.

But exits can make a HUGE difference in your trading results, so it's time to stop ignoring them.

We've received a number questions from Breakout Strategies Masterclass students about swing strategies and exits, and today we're going to answer some of them.

In this episode you'll discover:

• How swing trading is different to other types of trading,

• The importance of exits (for swing-based strategies and other trading styles too),

• The different styles of exits and which are the most effective for strategy performance,

• Trade management techniques and how they can impact the type of strategy you use,

• Some valuable insights from one of Tomas' favorite teachers, including a surprising lesson on the importance of exits over entries.

Breakout trading is a very popular style of trading, however it does have some challenges which can really damage your trading account if you don't know how to handle them.

And one of the BIGGEST challenges for breakout traders is false breakouts.

Yes, it sucks getting into a trade only to see it reverse and hit your stop-loss soon after, but it's a part of breakout trading.

So, what can we do about it?

In today's episode, we cover some tough questions about breakout trading, including:

• Does breakout trading really work?

• The impact false breakouts can have on trading and traders,

• Why false breakouts usually come in long streaks,

• The 4 different types of breakout timing and how they impact the number of false breakouts in your trading strategies,

• And much more.

After months of planning, the first episode of the Better Trader Academy Podcast is finally out!

Filled with laughs and lighthearted conversation, we discuss the hot trading topics, answer your trading questions and interview some of our most successful students, uncovering key tips and insights to trading success.

Hosted by the two creators of Better Trader Academy, Andrew Swanscott and Tomas Nesnidal, we're here to support you on your journey to becoming a more profitable and consistent trader.

Plus, we have some awesome special guests planned for you too!

In this episode you'll discover:

• Why we created this podcast and how it will help you become a better trader,

• How to submit trading questions for future podcast episodes,

• Practical trading techniques that work, from beginner to advanced,

• How Better Trading Academy uses practical and proven solutions to bring significant differences in traders lives.

Filled with inspiration and motivation, this podcast has been created for you, so if you have any questions send them over to Bettertraderacademy.com/questions and we may even answer them in a future episode.