Introduction
Trading stocks is a risky business, and it takes a lot of knowledge and experience to succeed. However, with the right tools, even novice traders can make profitable trades. One such tool is The Pattern Trader, a software that claims to help traders identify profitable patterns and make better trading decisions. In this review, we’ll take a closer look at The Pattern Trader and see if it’s worth your investment.
What is The Pattern Trader?
The Pattern Trader is a trading software developed by Mark Shawzin, a veteran trader with over 30 years of experience. The software uses a proprietary algorithm to identify patterns in the stock market, which it then uses to make trading recommendations. According to the developer, The Pattern Trader has a success rate of over 70% and can help traders make profitable trades consistently.
How Does The Pattern Trader Work?
To use The Pattern Trader, traders need to subscribe to the service and download the software. Once installed, the software scans the market for patterns and generates trading signals based on those patterns. Traders can then use these signals to make trades on their preferred trading platform. The software also provides real-time updates and alerts, so traders can stay on top of the market at all times.
Features of The Pattern Trader
The Pattern Trader comes with several features that make it a powerful tool for traders. These include:
Pattern Recognition
The software uses a complex algorithm to identify patterns in the market. These patterns can be used to make profitable trades consistently.
Real-Time Updates
The Pattern Trader provides real-time updates and alerts, so traders can stay on top of the market at all times.
Customizable Settings
Traders can customize the software to their preferred settings and trading style. This includes setting stop-loss and take-profit levels, as well as adjusting the risk level of trades.
24/7 Customer Support
The Pattern Trader comes with 24/7 customer support, so traders can get help whenever they need it.
Pros of The Pattern Trader
There are several advantages to using The Pattern Trader, including:
High Success Rate
According to the developer, The Pattern Trader has a success rate of over 70%, which is impressive for a trading software.
User-Friendly Interface
The software has a user-friendly interface that makes it easy for traders to navigate and use.
Real-Time Updates
The real-time updates and alerts provided by The Pattern Trader help traders stay on top of the market and make informed trading decisions.
Cons of The Pattern Trader
While The Pattern Trader has several advantages, there are also some drawbacks to consider. These include:
Subscription Cost
The Pattern Trader requires a monthly subscription, which can be expensive for some traders.
No Guarantee of Profit
While the success rate of The Pattern Trader is high, there is no guarantee that traders will make a profit using the software.
Conclusion
Overall, The Pattern Trader is a powerful trading tool that can help traders make profitable trades consistently. The software’s high success rate, user-friendly interface, and real-time updates make it a valuable asset for novice and experienced traders alike. However, the cost of the subscription and the lack of a guarantee of profit are important factors to consider before investing in the software. Ultimately, traders should weigh the pros and cons and decide if The Pattern Trader is worth their investment.
