In today’s trading world of complex technical indicators, breakout methods seems comparatively simple. Its simplicity is deceptive, in that it remains one of the most effective ways of trading, and if used correctly, you will be in on all the major moves regardless of the market traded. In fact, its simplicity makes it a tool that can be used by all traders from novices to seasoned market veterans. The logic behind breakouts is simple to understand and easy for any trader to implement. An additional benet of breakouts is because the logic is so simple; traders and it easy to trade with discipline.This is not so with many technical indicators, or complex methods where the logic is not so easily understood. If you are going to trade any methodology with discipline, you must arst have conadence in its ability to work. This is where the simplicity of the breakout method of trading is its strength. Traders understand it, and can trade with discipline, even when faced with a series of losing trades because they know the logic is soundly based and will make proats over the longer term.