Rounded bottom breakouts can easily turn struggling traders into...

Rounded bottom breakouts can easily turn struggling traders into profitable traders because they provide a clear entry point which is to buy a break above the 50sma and a clear exit point which is the 200sma. All the trader really needs to do after that is make sure the trade is compliant with the 'risk of ruin' tables and zero risk of ruin, In practical terms many brokers have a minimum trade limit of $500 but if due to this traders restrict their position size to $500 per trade till their account has been built up to $50,000 the trader will still be better off than following most other strategies and patterns. Once $50,000 has been achieved then this makes $500 one percent of trading capital and the risk of ruin is then truly zero.