British Box Breakout: What is it?
The British Box Breakout is a trading system styled on the most basic trading premise: The price goes up when there are more buyers than sellers, and the price goes down when there are more sellers than buyers. There is no simpler concept for you to follow. You’re most likely on this page because you have a problem you want to solve: How do I make money trading?
If you subscribe to zero sum theory, your winnings in trading come from whoever took the trade opposite you. That is to say, the money you make came from someone else. It could be another speculator, maybe some institutional banker, maybe a company hedging their position, doesn’t matter really. The British Box Breakout is designed to help you become a profitable trader. Set aside for now the dreams of making brazillions of dollars until you are regularly profitable.
British Box Breakout: Three Bs
To be successful as a trader, you really only need three things:
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Bucks
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Brains
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Balls
British Box Breakout – Bucks
In order to place trades, you need capital. Without trading capital, you cannot really expect to make money trading. Capital is sort of like your health in a video game. The main difference is when your capital (health) goes to zero, restarting costs a lot of money.
British Box Breakout – Brains
You need the intelligence to create a trading system which has a positive expectancy–it will earn more profits in the long run than incur losses–while simultaneously managing risk.
British Box Breakout – Balls
You need the nerve and the discipline to trust in your system and follow it exactly. Not trusting that system could cost you that one big winner which would end a recent losing streak.
You cannot expect me to help you with the first and third Bs, that’s really up to you. I can at least try to help you out with the second B.
