The guide you are looking for refers to George Angell's Sniper Trading: Essential Short-Term Money-Making Secrets for Trading Stocks, Options, and Futures
You can find more information and resources on sniper trading by searching online for PDF guides, eBooks, and articles. Some popular websites and forums for sniper traders include: The guide you are looking for refers to
. This system is a modernized version of George Douglas Taylor's "Book Method" and focuses on identifying market turns by calculating specific buy and sell "envelopes". Key Components of the LSS Feature Set LSS Pivotal Numbers Key Components of the LSS Feature Set LSS
: A tool to gauge trend strength. Readings above 30 suggest a strong trend suitable for "sniper" entries, while readings below 20 indicate a range-bound market. 1-Day Strength Indicator Buying Under Number 2
: The difference between today’s high and the previous day’s low. Buying Under Number
Every trade must offer at least 3x potential profit vs. risk. If you risk $0.50 on a stock, your target should be $1.50 or more. For options/futures, this means tight stops relative to anticipated moves.