Do Hedge Funds Use Charts?

Stanley Druckenmiller on Technical Analysis:
Why the Billionaire Still Uses Charts

So, you’ve heard it before…

“Charts are useless.”
“No serious trader uses technicals.”

I even saw some guy on YouTube tell us, “It’s just crayons for adults.” 🖍️😢

Well, let’s ask billionaire trader Stanley Druckenmiller what he thinks…

You know… the guy considered the greatest hedge fund manager of all time.
Macro brain, surgical timing.

CRAYONS FOR ADULTS

What does he say?

“Every night I get 272 charts.”
“75–80% of my ideas come from fundamentals… and then they’re verified from the charts.”
“Believe it or not, sometimes the idea comes from the chart.”

So yeah…

Maybe those crayons aren’t so silly after all. 😁

Watch Druckenmiller explain how he uses charts below. (Starts at 8 mins in)