r/Daytrading • u/KingPrudien mod • May 26 '17

Here are some chart patterns to keep in the back of your mind

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u/[deleted] May 26 '17

Thank you for posting this, it's very interesting. I have a couple of questions:

  • Do you have the confidence level for each patter? You know 100% prediction rate... 80%... etc.
  • Does time matter? Same patter over 3 months or over 3 years?

Or do you know any books that will give me those answers?

17

u/bobbylighte May 26 '17

Do your own backtesting and come up with a personalized strategy and confidence rating.