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TradingMyths

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Big dog127
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Why I Call Candlestick Patterns a Scam #RealTalk #TradingMyths #CryptoEducation Candlestick patterns are one of the first things you learn in technical analysis—and I call them a scam. From day one, whether you’re a beginner or learning from a so-called expert, it’s always the same story: • Doji = Buy • Inverted Hammer / Shooting Star = Sell But if trading were really that easy, why do 90% of traders still lose money? Take a look at the chart below. How many traders do you think shorted the coin just because they spotted a few hammers or shooting stars? Probably a lot. And most of them? Stopped out. Here’s the Truth: One candle doesn’t change the market. One pattern doesn’t define the trend. You need more than a shape on a chart—you need context. You need to read market structure, not candle names. As long as the structure is bullish, stay bullish. Don’t flip your bias based on one dramatic-looking wick. What Actually Matters: • Market structure • Price action in context • Trend continuation or break • Volume and liquidity zones • Patience and confirmation Final Word: Candlestick patterns aren’t magic—they’re marketing. Learn how the market moves as a whole, not just how it looks in a single candle. Wait for confirmation. Stay objective. Trade smart. Keep learning—and question everything. #PriceAction #SmartTrading
Why I Call Candlestick Patterns a Scam
#RealTalk #TradingMyths #CryptoEducation

Candlestick patterns are one of the first things you learn in technical analysis—and I call them a scam.

From day one, whether you’re a beginner or learning from a so-called expert, it’s always the same story:
• Doji = Buy
• Inverted Hammer / Shooting Star = Sell

But if trading were really that easy, why do 90% of traders still lose money?

Take a look at the chart below.
How many traders do you think shorted the coin just because they spotted a few hammers or shooting stars?
Probably a lot.
And most of them? Stopped out.

Here’s the Truth:

One candle doesn’t change the market.
One pattern doesn’t define the trend.

You need more than a shape on a chart—you need context.
You need to read market structure, not candle names.

As long as the structure is bullish, stay bullish.
Don’t flip your bias based on one dramatic-looking wick.

What Actually Matters:
• Market structure
• Price action in context
• Trend continuation or break
• Volume and liquidity zones
• Patience and confirmation

Final Word:
Candlestick patterns aren’t magic—they’re marketing.
Learn how the market moves as a whole, not just how it looks in a single candle.
Wait for confirmation. Stay objective. Trade smart.

Keep learning—and question everything.

#PriceAction #SmartTrading
Nicolás arg:
Good contribution. Thanks, keep it up.
Myth: Market timing is impossible Mythbuster! While predicting every move is unrealistic, understanding market psychology can give you an edge. #tradingmyths #Write2Earn
Myth: Market timing is impossible

Mythbuster!

While predicting every move is unrealistic, understanding market psychology can give you an edge. #tradingmyths #Write2Earn
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