Watching for patterns and trends
It can be lucrative if you can spot patterns or trends. If you can be one of the first to sell the fidget spinner before they get discounted or recognise the latest fashion that is about to take off you can make a fortune. The same is true of any market and the stock market is no exception. Patterns and trends are computer analysed and traders talk about the ‘candles’ on their charts. I don’t often use charts but they can be useful sometimes. Alliance Pharma seems to be fairly static for long periods and then it’s share price will suddenly jump either downwards or upwards for example. That is a useful trend to know about.
