Chasing breakouts is almost always a mistake.
If you miss the entry, you miss it. The market doesn't care about your FOMO.
A simple rule: you can pay up to 0.5x the 30-day ATR above the breakout level. Beyond that, you're no longer buying conviction—you're buying anxiety.
The best trades don't require you to chase. They either come to you, or they don't. Patience isn't just a virtue in markets—it's a survival mechanism.
If you miss the entry, you miss it. The market doesn't care about your FOMO.
A simple rule: you can pay up to 0.5x the 30-day ATR above the breakout level. Beyond that, you're no longer buying conviction—you're buying anxiety.
The best trades don't require you to chase. They either come to you, or they don't. Patience isn't just a virtue in markets—it's a survival mechanism.