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Street Smarts: High Probability Short Term Trading Strategies [Hardcover]

Laurence A. Connors , Linda Bradford Raschke
3.0 out of 5 stars  See all reviews (9 customer reviews)

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Book Description

Jan 1 1996
Published in 1996 and written by Larry Connors and "New Market Wizard" Linda Raschke. This 245 page manual is considered by many to be one of the best books written on trading futures. Twenty-five years of combined trading experience is divulged as you will learn 20 of their best strategies.

Among the methods you will be taught are:

* Swing Trading - The backbone of Linda's success. Not only will you learn exactly how to swing trade, you will also learn specific advanced techniques never before made public!
* News - Among the strategies revealed is an intra-day news strategy they use to exploit the herd when the 8:30am economic reports are released. This strategy will be especially appreciated by bond traders and currency traders.
* Pattern Recognition - You will learn some of the best short-term set-up patterns available. Larry and Linda will also teach you how they combine these patterns with other strategies to identify explosive moves.
* ADX - In our opinion, ADX is one of the most powerful and misunderstood indicators available to traders. Now, for the first time, they reveal a handful of short-term trading strategies they use in conjunction with this terrific indicator.
* Volatility - You will learn how to identify markets that are about to explode and how to trade these exciting situations.
* Also, included are chapters on trading volatility, trading Crabel, trading the smart money index, trading gap reversals, a special chapter on professional money management, and many other trading strategies!



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Inside This Book (Learn More)
First Sentence
In a day when global money managers am given increasing attention and funds seem to dominate the market arena, it might be difficult to imagine that the small speculator could have much of an edge. Read the first page
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Customer Reviews

3.0 out of 5 stars
3.0 out of 5 stars
Most helpful customer reviews
4.0 out of 5 stars Quite impressive May 16 2006
By YT
Format:Hardcover
I bought this book, hoping that I wouldn't be disappointed by the good reviews and I wasn't. Like the title says, it is a short term high probability strategy book and if you have a programmable software, like TC2000, amibroker or metastock, you can certainly program a lot of ideas from the book into your software and scan for the setups on a daily basis and cherry pick the best setups. That's how I used the book and I must say that not all the strategies will suit your style, but you should be able to find a few good ones which fit your trading style and well worth the book value.
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Format:Hardcover
This has helped my trading immeasurably. It is for swing traders. It is very specific about setups, lots of examples, and lots of setups with explanations and wisdom worth studying. I have probably 50 or 60 books on trading. They all have something to them, but this is one of the top books in my libary and I am using it all the time.
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1.0 out of 5 stars Street Smarts Jun 11 2004
Format:Hardcover
Hmmm, this book is way over priced. The bulk of the concepts are not original ideas, most of the concepts were renamed, creating the illusion that this is some pathway to riches. Read the classic trading books first, and save your money on this one.
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