Trade the , not your personal opinion or directional bias.
, 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
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. Linda Raschke - Street Smarts. High Probability...
Exit into buying frenzies or climatic reversals when the trade "feels" best.
Watch for , as they often precede explosive volatility. Key Trading Patterns Trade the , not your personal opinion or directional bias
Street Smarts: High Probability Short-Term Trading Strategies
Minimize risk on every trade rather than trying to maximize individual wins. Core Philosophy and Strategy The book prioritizes over
Grind to break even; total monthly profits often come from only two or three standout "big fish" trades. :