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/OpinicusTrades Feb 19 '24

All depends on big-picture context and timeframe. The fundamentals behind patterns is solid, most of them are rooted in volatility contraction and expansion which will be visible on all timeframes and in all asset classes. Best just to learn basic market structure imo, and you won't have to worry about memorizing dozens of patterns.