Like many teenagers, Ronak Davé enjoys the videogame Roblox. But he doesn’t play much these days, preferring to trade the stock instead. He recently sold a stake in Roblox after holding it for a few weeks, notching a 25% gain, or about $200. “I saw a pullback after looking at the technical patterns,” Davé says. “I noticed some resistance coming back and thought it would go down.”
At 16, Davé isn’t your typical trader. A high school junior outside Chicago, he started trading a year ago and now spends a few hours a day on the…
