FL definitions concerning his statement "80% of breakouts fail and only 20% succeed"

Quote:

Originally Posted by foroom lluzers (Post 2927424) Although 80 % of new trends breakdown , I have opened a thread showing examples , there is no method to consistently make money from these failures .It is difficult to define such a method , if one was defined it would be difficult psychologically to trade it. A picture says a thousand words , if you look at any chart , 80 % of the time they chop within ranges. Every time a trend is spotted , it reverses.

Well that picture doesn't tell you anything :lol:

So let's put some definition flesh around the rotten bones of yours:

1. By "breakout" you mean?

2. By "failed" you mean?

3.by "succeeded" you mean?

FL definitions concerning his statement "80% of breakouts fail and only 20% succeed"