3 ways people make (or claim to make) money in equity markets: 1. Technical analysis - trend following, etc. I personally was unconvinced but some people swear

3 ways people make (or claim to make) money in equity markets: 1. Technical analysis - trend following, etc. I personally was unconvinced but some people swear by it. 2. Fundamentals/value investing. Read the intelligent investor and security analysis. Very sound IMO. 3. Arbitrage - read "Beat the Market" by Ed Thorp. Also very sound IMO.