Does This Day-Trading Strategy Actually Work?

This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.

 Day traders typically flame out. But one study says there is an approach that is profitable. antoniodiaz / Shutterstock.com

Previous studies have shown that stock pickers who use day-trading strategies are likely to fail to beat stock market averages. But a new study says there might be a big exception to that rule. The opening range breakout strategy — in which traders try to cash in on volatility that often occurs at the beginning of the trading day — was consistently profitable during the years 2016 to 2023…

 Read More