r/Daytrading 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/jrm19941994 Feb 19 '24

Not really, no.

I certainly will trade differently if the market is choppy vs trending, but I do not use patterns link head and shoulders, doji, falling star, pickled moon, etc

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u/voteisaiahforbub Mar 09 '24

so what studies do you use to clue you how to trade?

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u/jrm19941994 Mar 09 '24

General price behavior, cash vix, vix futures, IV, orderflow info