Do TA folks have to sit and look at this stuff all day or do you have software that tells you what to do?
The big dogs like Citadel, Alameda, etc., they rarely allow anyone on staff to trade manually. Everything is traded by machine using complex algos, developed by the traders, researchers, and developers on staff. The staff still has to monitor everything, every day, watch the news, and do all the research.
For retail day traders, you watch the charts and react.
For retail swing traders, you watch higher time frames, wait for pattern to develop, set your buys/sells and walk away.
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A good day trader can make way more money than a good swing trader.
A good swing trader can make way more than a crappy day trader.
A good investor can make more than crappy traders.
A good day and swing trader can out perform most hedge/investment funds in % gained, year after year, easily.
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All of the TA for crypto is taken from stock world. It's all the same. But obviously crypto tends to be much more volatile and has way different dynamics at play than the stock market. Things such as tokenomics, coin burns/minting, etc. are important to keep an eye on.
That said, many TAers only watch the charts and 0% fundamentals. I prefer a mix, like the big dogs.
From 2013
