Sniper Trading

Sniper Trading

Essential Short-Term Money-Making Secrets for Trading Stocks, Options and Futures

by George Angell

242 pages· 2002· ISBN 9780471394228

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"An introduction to the basics of short-term trading, including what the floor traders know and how their knowledge affects your trades, is immediately followed by the core principles and strategies associated with the short-term, hit-and-run approach to the market known as "sniper" trading. You'll learn how to measure, quantify, and interpret market data so you can quickly figure out when the market will move and which way it will go. Sniper Trading then takes you through the process of using this information to successfully trade in the stock, options, and futures markets."--BOOK JACKET.

Discussion questions for Sniper Trading

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  1. 1

    Angell's "sniper trading" approach emphasizes precision and rapid execution. What aspects of this "hit-and-run" philosophy struck you as most compelling or most challenging to implement?

  2. 2

    The book delves into "what the floor traders know." How do you believe this insight into traditional market dynamics translates to or differs from the realities of today's predominantly electronic trading environment?

  3. 3

    The "sniper" metaphor suggests specific personal qualities like discipline, patience, and decisiveness. Which of these traits do you think are most crucial for this type of trading, and which might you personally need to develop further?

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