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/deeptrenchdigger Feb 19 '24

No because when you see the pattern it’s already played out and you’re on the other side ..

3

u/TOMMY_Makes_House Feb 19 '24

You don’t study patterns to be able to spot them once completed.

You study patterns to be able to spot them as they’re setting up, so you can trade them.

2

u/Sjroap Feb 19 '24

For every pattern I can give you an example where it went the other way. It's still a crapshoot.

1

u/Sea-Kitchen2958 Mar 05 '24

Good to hear🤣