Importance of Pattern Recognition

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.