The Breakaway Method
After markets consolidate, they inevitably break out and trade to new highs. The breakaway method is designed to jump on those breakouts and position you to enjoy the trend early in its development.

ETF Profit Driver's Breakaway Method is specifically designed to buy Exchange Traded Funds on upside breakouts. The techniques employed are
optimized to minimize false breakouts, through a stringent set of trade setup conditions.

The course materials provide detailed criteria for identifying these breakout trades. Generally, you will be identifying Exchange Traded Funds that have begun to trend up in the short-term. Once the essential criteria are satisfied, you will then place an opening order for execution the next day. This means that you can realistically and effectively trade the ETF Profit Driver system on an end-of-day basis, when the markets are closed.

An initial stop is always placed after execution of the opening order. This is indispensable for money management purposes and minimizing possible losses. The stop is strategically computed so that it will not trip if the market comports with expected behavior, but only if the market trend collapses or fails to materialize.

ETF Profit Driver provides detailed rules to establish an initial stop that is intended to avoid whipsaws abd limit risk to your capital. Additional rule sets are provided to adjust the stop as the trade matures to further minimize losses and begin locking in profits. If the market does break out, you will be placed into the emerging uptrend early in its maturation. In the event the uptrend does not materialize or is short lived, your capital is preserved.

Trade management rules include profit exits. These uptrend strategic exit plans are staged to take money out of the market at key points. The benefit of having multiple profit exits is that you will be taking profits along they way, while allowing the remaining portion of the trade to ride to even higher price levels.

While a multi-stage profit exit does impart some complexity, the rules are completely objective. Once you are accustomed to applying the rule sets, they become second nature. The final result is that you are able to get into a position early and ride it a meaningful distance without constantly second guessing whether you should take profits or worrying that you may be taking them too soon.

If you miss the breakout, you can still profit with the ETF Profit Driver Momentum Maximizer Method.

by TheOptionClub.com -

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