Post
Topic
Board Trading Discussion
Re: Are candlestick patterns overrated?
by
jrrsparkles
on 19/08/2022, 16:50:47 UTC
Ok so when i started with trading I try to learn so much about candlestick patterns but when i started looking at other traders on YouTube and even generally online I hardly see anyone even consider them while trading yeah they might look at color of candle but that's all. Specially those advance candlestick patterns like rising soldiers and all that, I don't even remember anyone even mention them once while trading or in any tutorial. So my question is for trading veterans here do they use it or is it really overrated thing which serve no purpose in real time trading?
Candle sticks are like primary which can't be avoided in technical analysis so nobody is going to disagree with that but also it's not possible to trade only based on observing the trend movements for a while because trend can change at any time for different reasons so its not overrated its important just to make our own analysis.