Breakout Trading Research

Overview

Greetings traders!

A bit about me...I am a software engineer and have been active in the algorithmic trading space, trading for myself and working with clients.

I will be using this space to document research done studying the breakout strategies of traders such as Kristjan Qullamaggie and Mark Minervini.

The goal of this project is determine:

• What part of the market cycle should breakouts be traded?
• What are optimal entry and exit techniques and how might they change during different phases of the market cycle?
• What is an optimal position sizing strategy?

Tools

• Backtesting: Tickblaze
• Data: FirstRate
• Chart Viewing: Stockcharts.com

Scan Results

First phase of this project is to get point-in-time scan results.

Backtesting/Live Trading

Backtesting and live trading is in production. More info here.