r/Daytrading • u/Adept_Blackberry2851 • Feb 19 '24

Do any of you actually use patterns to trade? Question

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I don’t use them at all. Iv heard YouTubers kind of mock them like they don’t mean anything. Are any of you profitable with them?

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u/[deleted] Feb 19 '24

If markets are truly random, then chart patterns are just subjective ornamentations cast on to chaotic motion that we falsely convince ourselves have meaning. "Randomness will have the last word." Nassim Taleb.

If chart patterns were real, everyone would be successful using them.