Who Discovered the Idea of Candlestick Patterns?Īccording to, it is commonly believed that candlestick charts were invented by a Japanese rice futures trader from the 18th century.
That’s why you’re here, right? To learn to navigate the murky waters of the market? And with enough repetition, enough practice, you just might find yourself a decent chart reader. They’re like little road signs on crowded streets. They help us to decipher the patterns of the market. This is where candlestick patterns come in handy. More importantly, the right opportunities can create profits. And the right probabilities create opportunities. Especially when you’re just getting started.īut be of good cheer! There is a method to the madness.
There appears no rhyme or reason, and no end to the amount of price and volume data being thrown your way. We believe the best way to do this is by understanding candlestick patterns.įor newer traders, even reading candlestick charts can seem like an insurmountable learning curve. But unless you are just a gambler, you need some form of data to make informed decisions. In fact, there is no right or wrong way to read a chart.
No doubt, there are countless ways to make money in the stock market.
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