Being able to comprehend and quickly interpret market data is an essential aspect of the competitive trading arena. Using technical charts, one can effectively do so making them a portal into market investing. Today traders can view an assortment of market information as so much data is now available to them. To maximise their possibility of success with charts, it is important to create well-designed ones that boost one’s market analysis. The faster one can interpret the information available from the market, the quicker one can react to its changing conditions.

One of the fundamental uses of charts in stock market investing is that they help in identifying effective points of entry and exit for one’s trades. In addition to chart reading, traders will also regularly use multiple monitors where they dedicate one monitor for their order entry and others for market analysis tools and charts. It is normally technical or professional traders that are more likely to operate using self-created charts, in addition to any charting software they plan on using. Hence, by creating high-performance chart setups, one can become a more efficient and profitable trader.