Top 10 Daytrading Chart Patterns PDF (2021)

These are the most common stock/ETF patterns I traded last year, fwiw. Hope it helps

https://trademastery.com/Top10DaytradingChartPatterns.pdf

 

What were your returns trading these patterns?

 

Thanks, good question but there's no way I could track returns by chart pattern type; I often do 80+ roundtrips per day.

I traded over $40m worth of orders last year, here's 1099 proof



Also for compliance reasons I don't make profitability nor performance claims.

 

Then how does he know they are top 10? of anything?

 

Those are my personal favorites, I share them to help.

What's much more important than charts is trade management strategies used with charts.

 

How do you detect the patterns in time to get in early before the move is already over? Do you just watch a few names?

 

Yes, I continuously scan through charts premkt to look for setups. In time you learn pattern recognition for early setup signals. It's hard af

 

I like this site for trade patterns: https://thepatternsite.com/; he has a nice section on ranking of patterns based on performance (https://thepatternsite.com/id75.html). This might address you question better.

 

Amazing, I have both Fidelity and IB, mainly use Fid for REITS, BDC, CEF, ETF, anything with a spread I avoid with Fidelity due to leaving more money on the table even if its "free" . IB has its fault but timely execution is a must. Both have extremely lousy charting platforms, therefore utilize TC2000 and Sierra.

 

I've done 1000s of trades on fdly and get instant fills .... usually 40-110 rts daily. Right re charts, I use esignal