- Table of contents (7 chapters)
- Laurence A , Linda B Raschke
- 224 Pages
- Business, Trading
About this Book
"Street Smarts : High Probability Short-Term Trading Strategies" by Laurence A , Linda B Raschke.
Connors and Linda Bradford Raschke is a highly regarded trading manual that provides actionable trading strategies for short-term traders.
Written by two seasoned trading experts, the book offers a comprehensive guide to some of the most effective strategies used by professional traders.
Connors and Raschke draw on their extensive experience to present a collection of time-tested techniques that have been proven to work in various market conditions.
Each strategy is explained in detail, complete with rules, charts, and examples, making it easy for traders to implement them in their own trading.
The book's practical approach and emphasis on high-probability setups make it an invaluable resource for traders seeking to enhance their performance in the markets.
What You'll Learn
- Short-Term Trading Strategies : Gain access to a collection of powerful short-term trading strategies designed to exploit market inefficiencies and capitalize on high-probability opportunities. The book covers a variety of approaches, including pattern-based strategies and momentum plays.
- Pattern Recognition : Learn how to identify and trade specific chart patterns, such as the "Holy Grail" setup, Turtle Soup, and the "Anti" strategy. Connors and Raschke provide clear guidelines for recognizing these patterns and executing trades with precision.
- Technical Analysis Techniques : Understand how to apply technical analysis tools effectively to improve your trading accuracy. The authors explain the use of indicators such as moving averages, trendlines, and oscillators in conjunction with their strategies.
- Risk Management : Discover essential risk management principles to protect your capital and minimize losses. The book emphasizes the importance of discipline, proper position sizing, and the use of stop-loss orders to manage risk effectively.
- Trading Psychology : Explore the psychological aspects of trading and learn how to develop the mental discipline needed to stick to your trading plan. The authors offer insights into managing emotions and maintaining focus, which are crucial for success in short-term trading.
Who This Book Is For
- Active Traders : If you are an active trader seeking to improve your short-term trading performance, this book provides a wealth of strategies and techniques that can be implemented immediately in the markets.
- Day Traders and Swing Traders : The book is especially valuable for day traders and swing traders who are looking for high-probability setups and practical trading methods that can be applied to different market conditions.
- Traders Interested in Technical Analysis : Anyone interested in technical analysis and chart pattern recognition will find this book an excellent resource for expanding their knowledge and trading skills.
- Financial Professionals : Professionals in the finance industry who wish to understand the mechanics of short-term trading and the strategies used by successful traders will benefit from the insights provided in this book.
- Traders Focused on Continuous Improvement : If you are committed to improving your trading skills and achieving consistent profitability, "Street Smarts" offers valuable lessons and actionable strategies to help you reach your goals.