: Angell highlights these as non-negotiable requirements for short-term success, ensuring traders can enter and exit positions quickly with minimal slippage. Complementary Materials
The strategy is built on the belief that markets are not random but move in predictable patterns. The "Sniper" waits for these patterns to align with specific price levels and timeframes before "pulling the trigger".
Document the setup, execution, and emotional state in a journal. : Angell highlights these as non-negotiable requirements for
Here are some essential tools and resources for sniper traders:
: This cycle identifies a predictable pattern of market behavior over three days: "L" Day (Buy Day) Document the setup, execution, and emotional state in
The primary feature of Sniper Trading: Essential Short-Term Money-Making Secrets for Trading Stocks, Options, and Futures by George Angell is the LSS (Liquidity, Strength, and Sentiment) System
Always calculate your trades in "R" (Risk). If you risk $100 to make $300, that is a 3R trade. If you consistently hunt for 3R setups, winning just 35% of your trades makes you a highly profitable market operator. 5. Constructing Your Daily Sniper Routine If you consistently hunt for 3R setups, winning
Look for "aggressive buying or selling imbalances" at key support or resistance levels. When large market orders flood the tape but price fails to move further, it signals institutional absorption—a perfect spot for a sharp reversal trade. Trading the London/New York Session Crossover
Use daily or weekly levels to find where the "Big Money" is positioned.
