Importance of Pattern Recognition

Team TRADEway • May 13, 2019
One of the most important things you will ever learn in your journey of becoming a profitable stock trader is recognizing good patterns. 

Being able to recognize good patterns is essential to getting the math in your favor. It's the foundation of how we approach a trade. 

What is it that is so important about a pattern? 
  • The dictionary defines a pattern as something that is repeatable. When you see a clear pattern, you can see what it has done and predict what it could do in the future, if the pattern continues. 
  • A good pattern will suggest to us a good spot to enter the stock, and a good spot to exit the stock. 
Utilize this simple but powerful tool, and it can completely change your ability to be profitable in the stock market.

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Show More
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Show More