UrbanPro

Learn Stock Market Trading from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

How accurate are chart patterns in stock market trading?

Asked by Last Modified  

Follow 2
Answer

Please enter your answer

Cup and handle has an accuracy of 90% on weekly chart.
Comments

My teaching experience 12 years

Chart patterns are widely used in stock market trading as tools for technical analysis. While they can provide valuable insights into potential price movements, their accuracy can vary. Some traders swear by certain patterns, such as head and shoulders, double tops, or triangles, believing they indicate...
read more
Chart patterns are widely used in stock market trading as tools for technical analysis. While they can provide valuable insights into potential price movements, their accuracy can vary. Some traders swear by certain patterns, such as head and shoulders, double tops, or triangles, believing they indicate future price direction. However, it's important to note that chart patterns are not foolproof and should be used in conjunction with other technical indicators and fundamental analysis for better accuracy. Additionally, market conditions, news events, and other factors can influence price movements, sometimes causing chart patterns to fail. As with any trading strategy, it's essential to use risk management techniques and not rely solely on chart patterns for decision-making. read less
Comments

Online Mathematics tutor with 4 years experience(Online Classes for 10th to 12th)

Head and shoulders patterns, whether normal or inverted, are the most reliable chart patterns there are. At 83% accuracy, it is easy to see why they are also the most popular for traders all over the world.
Comments

Chart atters are just used for next movement of the market which is going to happen.. on that basis we place our trades.. but main game plays our riskanagement and psychology while running positions .. chart patterns works good in higher timeframes.. as bigger you shift your timeframe, the accuracy of...
read more

Chart atters are just used for next movement of the market which is going to happen.. on that basis we place our trades.. but main game plays our riskanagement and psychology while running positions .. chart patterns works good in higher timeframes.. as bigger you shift your timeframe, the accuracy of chart patterns increases .. my suggestion is that only trade chart patterns on higher timeframes.. thanks

read less
Comments

Stocks,(EQUITY SEGMENT) and index option chain Analysis and the option Greeks( DERIVATIVE SEGMEN)T

75% accuracy
Comments

View 3 more Answers

Related Questions

Hello, I want to start investment in Stock market for short term, as well as for long term. Can anyone help me out for this?
yes..for that u need to understand technical and fundamental analysis in stock markets...u need to get trained aggressively for this ...without having any knowledge on stock market and investing in it...
Vikas
Is trading hard to learn?
No its easy if you make a goal and learn
K
0 0
5

Can we get free stock market training? A-Z

Hi, You can get stock market training from anywhere like youtube, udemy, friends who know, etc. But the whole information will be in a discrete manner, which means you will get some part of the technical...
Tirumalesh
I have done my MBA in Finance and I want to start a career in Stock Market. Can anyone suggest me some good courses to take to build up my proficiency in Financial Markets?
Career in Stock market ? People approach stock market as their career in many ways like being analyst,trader,sub brokers, and many more, Where you want to see yourself and what exactly you want to do ?...
Rashi
What link should we read every day for stock market tradings?
There isn't a single link that's universally recommended for daily stock market trading. However, you can consider bookmarking financial news websites like Bloomberg, CNBC, Reuters, or The Wall Street...
Pankaj
0 0
5

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

Ask a Question

Related Lessons

Trading Tips
Is it Possible to be Completely Objective? Is it possible to be completely objective while trading? Trading forces us to interact with the market, where price is objective – everyone can see the...

BankNifty Update for Jun-23, 2020
Banknifty achieved our second swing target of 21800 (Post-dated Jun-16 - Update for Jun-17). It made top @ 22078 and reversed back sharply to 21600 levels closing @ 21708. The daily chart still shows...
N

Ninad Deshmukh

0 0
0

Concept Of Angel Investing
The 21st century is known as the entrepreneur age where numbers of young & enthusiastic individuals are starting up their own ventures individually or collectively. Today most of these companies are...

Money Saving Ideas for Investors and What to do and Don't in the Market
01. Open your R.D a/c with your bank or post office.02. Never borrow fund to entertainment or luxury items.03. Always take calculated risk for your money.04. Avoid to go for first movie show on first day....

Know These Important Things About Investing & Trading In Bitcoins
The talk of the trading town these days is bitcoins. As you might know, I have already written some articles on bitcoin but due to overwhelming request of many Indian investors and trader, here’s...

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
X

Looking for Stock Market Trading Classes?

The best tutors for Stock Market Trading Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Learn Stock Market Trading with the Best Tutors

The best Tutors for Stock Market Trading Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more