Sniper Trading Essential Short Term Money Making Secrets For Trading Stocks-: Options- And Futures Pdf
Move your stop-loss to break-even quickly and target the next major daily resistance or support level. Moving Average Compression (The Coiled Spring)
Always calculate your trades in "R" (Risk). If you risk $100 to make $300, that is a 3R trade. If you consistently hunt for 3R setups, winning just 35% of your trades makes you a highly profitable market operator. 5. Constructing Your Daily Sniper Routine
Pinpointing levels where sellers dominate, creating a cap on price movement. Move your stop-loss to break-even quickly and target
In options trading, time is your enemy (Theta decay). The sniper secret for options is
Most retail traders operate like machine gunners, firing trades at every minor market wiggle. This overtrading leads to high commissions, slippage, and rapid account depletion. Sniper trading requires a complete psychological shift. If you consistently hunt for 3R setups, winning
Risk management is the critical element that separates professional "snipers" from amateur gamblers.
The primary feature of Sniper Trading: Essential Short-Term Money-Making Secrets for Trading Stocks, Options, and Futures by George Angell is the LSS (Liquidity, Strength, and Sentiment) System In options trading, time is your enemy (Theta decay)
The techniques in Sniper Trading are applicable across asset classes:
The goal is to capitalize on short-term market inefficiencies, leveraging support/resistance levels, and market momentum. Core Principles from "Sniper Trading" by George Angell
The book consistently emphasizes that a disciplined trader is a profitable trader. Risk management is the foundational component of the strategy. The core tenet is that . A true sniper understands that not every trade will be a winner. They accept small losses as a normal part of the process, using proper stop-losses not as an afterthought but as an essential tool for survival and long-term profitability.
: Markets open at extreme highs, ideal for shorting and covering lower by day's end.