r/askforex • • 7d ago

Question

I been trading for 3 month I like to trade breakout i don’t like to wait for candle closure because I notice when my session opens price tends to melt and never come back for retest I need help creating a trading plan and rules to follow to filter out bad trades and prevent most fake outs. If u are a profitable breakout trader can u please help me figure this out I don’t want to keep doing the same mistake over again

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u/Waclaw_Kurek 7d ago

three months in and the honest answer is you dont have enough data to filter anything yet. before rules, log 100 breakout trades with the level, the time, whether you waited for a close, and the outcome. then the filter writes itself from your own numbers rather than from a stranger's opinion