Most Profitable Trading Strategies

Advertisements

2. Technical Analysis Trading

Active trading based on technical analysis is a strategy that is employed by most day traders. Essentially, to interpret market volatility, they use short-term trading signals based on charts and technical indicators.

Charting depends on understanding a stock’s price-volume action. Insights driven by these charts determine whether a specific stock should be bought or sold. Have you seen images of people with dozens of computer monitors on Wall Street for their trading system? It’s because many different trading indicators have several screens open for them.

Trading in technical analysis typically depends on you being glued to your monitors, as you need to be alert to any market changes. There are many day-trading programs or courses out there, so you can invest in one and paper trade before day trading.

Advertisements