How accurate are chart patterns in stock market trading?

Asked by Last Modified  

3 Answers

Follow 1
Answer

Please enter your answer

Stock market Trainer (TRADING AND INVESTMENT)

Stock market is all about probability. charts are accurate but it depends who is reading chart a novice or a professional.
Comments

market works on probability. chart pattern, candle stick indicates the next possible projection according to strusture but its not like math that 2+2 = 4 will come every time. so, here out of 10 , if we are getting success 6 times also very fine with risk reward 1:2
Comments

Don't let market fluctuations dictate your financial future.

Accuracy lies in the eye of beholder. For a skillful eyes the stock market is money vending machine.
Comments

View 1 more Answers

Related Questions

What is trading in the stock market?
Stock trading involves buying and selling of shares in a certain company. If you own certain stocks and shares of a company, it translates to you owning a piece of the firm. A professional or an individual...
Franziska
0 0
5

How we can select stocks in share market?

first of all we have to check sector performance then we have to select concerned stock after observing the particular company ratio analysis and technicals and company growth in near future then only we have to purchase the any company of share
Pankaj

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Where should I make my early big investments as a stock trader /investor ?
Where should I make my significant early investments as a beginner level (< 2 Years) stock trader /investor? Is a question many of my students ask me as they get connect to me. The most significant...

What is hedging and why is hedging important in trading and investment?
The literal meaning of hedge is protective compound wall built around the house/ the property. In trading & investment, Hedging is done to minimize the losses and protect the profit earned from fluctuation...

Tatapower Example
Stock Marketing Trade- Tatapower as an example Buy tata power with closing stop loss of Rs. 84. current market price 87-88. Target of Rs. 107 in one month. Reason 1 : supretrend daily -weekly-...

Is Trading For Life Time Possible?: Discussion On Some Traits Needed
The answer from any other colleague trader for can I become a trader for life time? Answer is Yes. Is stock market for all? I can argue on this question for many days/months. Market Is For All. It is about...

BankNifty Update for Jul-01, 2020
Banknifty reversed exactly from the resistance zone of 21600-650 as I mentioned in the last post. It made top @ 21606 near hourly 40-SMA and reversed back making a low of 21212 and closing @21370. The...
N

Ninad Deshmukh

0 0
0

Looking for Stock Market Trading Classes?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you