A breakout trade will work almost right away from the start, if the breakout happens with huge momentum and then you see Doji candles or hammer then there is a problem with follow-up. A bullish breakout must always be accompanied by a good follow up, else it cannot sustain. Bullish breakout needs good bullish candles, not Doji.
Note-As soon as you enter a breakout trade it has to work within 15-20 days. If it does not move with huge momentum then exit it after 15-20days with whatever the result may be, don't wait for the stop loss to hit or for your target. The above rules apply only to Swing trade and breakout trading.
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VolumeProfiltrader
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Indrajit your mindset is very good, i would like to give something for you to ponder, do you think an institution/institutions will make positions in a stock every day? No right then why trading is done on hourly or daily candle, doesnt that let us retailers take late entry and exit? I use 15 and to me it seems i enter with them and 95% of the time i exit with them... Would love to hear your side on it.