One of the main problems new traders have when they begin their journey down the education path to self empowerment is that they skip the most important first step: how to properly ?think? money and markets.

My whole life, I have been very involved in sports. Ice hockey, soccer, golf, and tennis are the sports I love to compete in. Playing hockey at a high level, I learned how to win consistently.

While I feel like I have seen it all, the one thing that still surprises me is how most traders handle breakouts.

Often, I write articles about the importance of having or owning a competitive edge. It is amazing to me that people in general focus very little on this most important topic.

What I always find fascinating are all of the different ways people look at charts and all of the different pieces of information people try to attain from a price chart. With so many different schools of thought on money, markets, charts, and so on, what should we really be looking for in a price chart?