Linda Raschke - - Street Smarts. High Probability...
Exit into buying frenzies or climatic reversals when the trade "feels" best.
Grind to break even; total monthly profits often come from only two or three standout "big fish" trades. : Linda Raschke - Street Smarts. High Probability...
Street Smarts: High Probability Short-Term Trading Strategies Exit into buying frenzies or climatic reversals when
, written by Linda Raschke and Larry Connors, is a manual for active traders that focuses on precise, "surgical strike" setups rather than broad theoretical analysis. Published in 1995, it distills over 25 years of combined floor and hedge fund trading experience into 20 high-probability strategies for equities and futures. Core Philosophy and Strategy Published in 1995, it distills over 25 years
Raschke and Connors detail specific setups designed for short-term opportunities that typically last from a few minutes to several days.
The book prioritizes over complex indicators, encouraging traders to think one step ahead of the market and exit immediately if their anticipation is wrong. Risk Management First : Place a stop-loss before considering potential profits.