In his influential work, Sniper Trading: Essential Short-Term Money-Making Secrets for Trading Stocks, Options, and Futures
Don't just trade any stock; trade the one that refuses to go down when the S&P 500 is dipping. This "Relative Strength" is a clear sign of institutional buying. When the market finally turns up, these stocks explode like a coiled spring. Options: The Greeks as Your Silencer Options: The Greeks as Your Silencer When the
When the market aligns perfectly with the strategy, the sniper does not hesitate. Execution is swift and clinical. Orders are placed with exact entry prices, pre-calculated profit targets, and rigid stop-losses. Emotion is entirely removed from the transaction. 2. Market Anatomy: Stocks vs. Options vs. Futures Emotion is entirely removed from the transaction
Others, however, maintain that the core principles remain valid. As one veteran trader put it, "although the volatility has risen immensely in recent years, the basic market patterns have not changed—nor have the proverbial games that floor traders play". The book is also praised for its focus on the psychological game of trading, which is often more important than the specific setup. it should include this daily checklist:
If you provide more details, I can help you tailor these strategies to your specific trading style.
If you were to create a "Sniper Trading PDF" for your personal use, it should include this daily checklist: