Breakout trading is considered to be one of the most common trading methodology. There are lot's of pro's and con's about the methodology, biut to keep the post short. I will only point on the main aspects.
1. find tops and bottoms 2. Place orders 3. Never miss a trade, as you never know which position will be a winning one, 4. Always have a critical stop 5. Always use a timing stop to close a negative trade 6. trail a position 7. use a fast profit 8. Never miss a thing!!!
I guess that for some it has started to be not as easy as it seems to be , but believe me, it is worth to understand. the hardest part is not missing a trade, a good part is that you will always enter in a market direction.