What Does It Mean To “Break and Hold”

In this trade recap video, Mr. Banks explains the concept of a "break and hold" trading strategy, emphasizing the importance of identifying key levels and waiting for a full candle body to close above or below those levels on a five-minute timeframe to validate a breakout or breakdown. He reviews a specific trade at the 281.35 level, explaining how a full body closure above this level signaled a buying opportunity, and how the absence of a full body closure below that level justified holding the trade, even during temporary wicks down. Mr. Banks stresses that traders should focus on the body of the candle rather than the wicks to avoid premature exits and to stay in trades until the levels are truly invalidated.