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Street Smarts: High Probability Short Term Trading Strategies Hardcover – Jan 1 1996


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Product Details

  • Hardcover: 238 pages
  • Publisher: M. Gordon Publishing Group (Jan. 1 1996)
  • Language: English
  • ISBN-10: 0965046109
  • ISBN-13: 978-0965046107
  • Product Dimensions: 27.7 x 22.1 x 2 cm
  • Shipping Weight: 794 g
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (9 customer reviews)
  • Amazon Bestsellers Rank: #547,073 in Books (See Top 100 in Books)

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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

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By YT on May 16 2006
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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By "gdbdfg" on June 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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Format: Hardcover
First of all, I noticed many other reviews written that slagged the book badly. Perhaps they had high expectations in terms of what riches this book could bring them. However, it's clear those readers have the wrong idea.
There is no holy grail or single book that can get you rich. The authors of this book repeatedly say that the strategies are not meant to be mechanical - suggesting that they require flexibility, and the ideas are there to incorporate into your own trading.
I personally would not place much weight on whether this book will make you money or not simply by following the proposed trading 'systems'. Traders are supposed to grow and develop, not copy off some book robotically and become rich.
The book exhibits excellent common sense and simplicity which sometimes traders forget. It will offer you some clarity if you become confused or frustrated with trading. It will also offer the more experienced traders some alternative perspective.
There is probably nothing new in this book that you cannot find elsewhere - but this is probably true for all other trading books.
I do think this book is a bit overpriced - hence 4 stars. On the other hand, I do believe this book is an excellent book in terms of clearing the bunch of mess that is out there with respect to trader education. Simplicity works when applied by the prepared.
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By A Customer on March 29 2004
Format: Hardcover
First of all this is not a novel. After having spent thousands of dollars and to create a trading library, I can say that this one is the best book about the methodology and mindset of a trader. Even if all the setups were unprofitable, the reiterated approach of placing stops at low risk entry points will save thousands of dollars. It is definitely worth reading.
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