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My Top 10 Tips For Trading Candlesticks

This lesson assumes that you understand your financial goals and are familiar with all the risks and opportunities online trading provides. You can schedule a free call with our expert trader that will help you find the best way to achieve your financial goals.

1. Bet Small

As we have seen from the analysis, many of the candlestick patterns have win rates no better than a coin toss. If the win rate is only 50%-60% you will encounter some losing streaks. In fact, with a win rate of 50%, the probability of you losing 10 trades in a row is close to 40% over a sample of 1000 tra