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Today, many investors think that easy access to the markets equals easy access to success. What most investors forget is that they are competing against seasoned professionals who trade for a living, not as a hobby. In Sniper Trading: Essential Short-Term Money-Making Secrets for Trading Stocks, Options, and Futures, renowned trader George Angell provides you with the tools, techniques, and discipline to "embrace uncertainty" and trade like a market professional by using ...
Today, many investors think that easy access to the markets equals easy access to success. What most investors forget is that they are competing against seasoned professionals who trade for a living, not as a hobby. In Sniper Trading: Essential Short-Term Money-Making Secrets for Trading Stocks, Options, and Futures, renowned trader George Angell provides you with the tools, techniques, and discipline to "embrace uncertainty" and trade like a market professional by using short-term investment methods.
An introduction to the basics of short-term trading, including what the floor traders know and how their knowledge affects your trades, is immediately followed by the core principles and strategies associated with the short-term, hit-and-run approach to the market known as "sniper" trading. You'll learn how to measure, quantify, and interpret market data so you can quickly figure out when the market will move and which way it will go. Sniper Trading then takes you through the process of using this information to successfully trade in the stock, options, and futures markets.
Sniper Trading focuses on three distinct ways to discern market patterns: support and resistance, time and price, and day of the week. As you learn how to recognize these patterns, this complete guide shows you how to:
• Create buying and selling "zones"
• Map out a winning trading strategy
• Take a macro view of the market
• Measure market symmetry
. . . all of which will help improve the bottom line of your short-term trades.
You'll also see how other short-term techniques, such as the 3-Day Cycle Method, can still be used to predict and profit from the markets. To complement these and other methods, Angell introduces his own trading system, the LSS-a program created after George Douglas Taylor's "Book Method"-which has evolved into a profitable breakout system for short-term traders over the years.
With tools and techniques in hand, you'll receive an important lesson that most other trading books don't provide-how to win at the psychological game of trading. Sniper Trading offers valuable advice and insights on how to stay focused, realize your goals, keep fear and greed in check, and develop an intuition about the market. You'll quickly understand why "knowing" how to trade just isn't enough if you plan to trade for a living.
Covering the theoretical, practical, and psychological sides of short-term trading, Sniper Trading allows you to decide for yourself what works best for you. Take the advice of someone who has survived and thrived as a trader for over thirty years. George Angell's step-by-step strategies will help you overcome the inevitable pitfalls and master the steep learning curve faced by every trader.
The Trade that Got Away.
Learning to Trade -
Time and Price -
Support and Resistance -
How to Identify Buy and Sell Zones.
Day of the Week Trading -
Why the Market Trades as it Does.
The Psychological Game of Trading -
Why Some Traders Win and Others Lose.
Posted February 12, 2006
Written in easily understandable and conversational style, this book offers some great insights into trading. If you have ever made a sure-as-day trade that went the other way, you might learn here how the market is really engineered from within. I found the market strength calculations very potent. I have spent a year testing and using them. They really are amazing in any market. I use them in my forex trading but they work for stocks and commodities as well. Well worth the money and the author is the real deal!
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Posted January 26, 2003
As always, George is long breathed in this book as well as his others. But, this book does have some meat to it. It's also enjoyable to read like his others as well. George gives defined terchniques in this book as well as good strategies and rules. It will take some going over a few times, but anyone with experience and a little knowlege will figure it out. It can and does work, this is from experience mind you. But you have to be patient and do the numbers. I highly recommend this book for S&P day traders. Especially how the market has been trading recently. But, the problem that always exists in this world of trading that people don't follow directions well so they'll try and tweek it as always and get themselves all screwed up. Good luck and trading SLSWas this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted August 29, 2010
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Posted February 14, 2009
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