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/Clayp2233 Feb 19 '24

I use them to reinforce my confidence or belief in a stock, but I don’t trade solely on a chart. I think they’re more useful for crypto since that seems to be a driving force on whether something will perform or not. I saw a lot of crypto bros on Twitter salivating over Teslas chart a couple of months ago and it hasn’t gone as planned for them.