Suri Duddella — Mastering stock market chart patterns

<p>Suri Duddella joins us in Episode 2 of Smarter Trading to share his knowledge about stock market chart patterns and how he uses automation to find the best available setups.</p> <p>We discuss the dangers traders can run into of self-identifying chart patterns without the proper understanding of their structure and why Suri thinks you cannot trade charts blindly without taking into consideration what the market is doing.</p> <p><strong>Key learning points</strong></p> <ul style="list-style-type: disc;"> <li>Chart patterns are a tool just like any other indicator to assist traders</li> <li>It can be dangerous to discretionarily identify chart patterns</li> <li>Use mathematics to detect and validate chart patterns</li> <li>Master 1 or 2 chart patterns instead of trying to trade them all</li> <li>Just because you see a pattern doesn&rsquo;t mean the market must follow that structure</li> <li>Failed chart patterns often times lead to more profitable trades</li> <li>You cannot trade patterns profitably without support from market context</li> <li>Identifying chart patterns are one of the last parts before placing a trade</li> </ul> <p><strong>Learn more &amp; connect with Patrick</strong></p> <ul> <li>Follow Suri&nbsp;<a href="https://twitter.com/surinotes" target="_blank" rel="noopener">here</a></li> <li>Visit Suri's website <a href="http://www.surinotes.com/" target="_blank" rel="noopener">here</a></li> </ul> <p><strong>Learn more &amp; connect with Evan &amp; the Trade Risk</strong></p> <ul> <li>Browse the <a href="https://www.thetraderisk.com/smarter-trading-podcast" target="_blank" rel="noopener">Smarter Trading podcast catalog</a>&nbsp;for this episode's show notes and check out past guests</li> <li>Watch this episode live on our <a href="https://www.youtube.com/thetraderisk" target="_blank" rel="noopener">YouTube</a> channel</li> <li>Follow <a href="https://twitter.com/EvanMedeiros" target="_blank" rel="noopener">@evanmedeiros</a> on Twitter</li> <li>Follow <a href="https://twitter.com/