In Short Term Trading Strategies That Work, Larry Connor discusses 16 simple strategies crucial to the success of any trader or investor. These strategies have been both back-tested up to 2008, but also have been traded by Larry and his team under multiple market conditions. This is the must have book for anyone seeking to improve their trading in any market condition.
In this book, I’m going to show you what worked then and STILL works today. And even though there is no guarantee of future performance, the hope is that they will continue to work for years to come. Here is how the book is laid out. First we’ll look at certain behavior which is inherent in the marketplace. This behavior is not something that the mainstream press even begins to understand. You will learn that what seems to be logical and obvious is often wrong when it comes to trading.
We’ll then look at pullbacks and why they have worked. We’ll look at daily pullbacks, intra-day pullbacks and how One oscillator, the 2-period RSI, can help you identify when and how to trade these pullbacks. We’ll then move onto the Strategies section. All of the strategies you will learn are backed by more than a decade’s worth of research. I’ll share the rules to each of the strategies and their results with you. You’ll leam stock strategies and s&p timing strategies, again all quantified.
We’ll then look closely at exits. Cetting into a trade is one thing. But the edges can be maximized with the proper exits. We’ll look at a handful of exit strategies and the statistics to verify that they’re valid to use. We’ll end this book with what may be the most important aspect to your trading success. It’s psychology. But instead of us covering the same ground that many other books have covered, we’re going to go further.
We’ll discuss real world situations that you’ll be faced with for the rest of your trading life. And then I’ll share with you an interview I did a few years back with a 10-year Navy Seal veteran. In this interview, you’ll not only learn how to become a better trader; you’ll learn how to become better in everything you do in life.
- THINK DIFFERENTLY RULE 1 – BUY PULLBACKS, NOT BREAKOUTS
- RULE 2 – BUY THE MARKET A FTER IT’S DROPPED; NOT AFTER IT’S RISEN
- RULE 3 – BUY STOCKS ABOVE THEIR 200-DAY MOVING AVERAGE, NOT BELOW
- RULE 4 – USE THE VIX TO YOUR ADVA NTAGE … BUY THE FEAR, SELL THE GREED
- RULE 5 – STOPS HURT
- RULE 6 – IT PAYS TO HOLD POSITIONS OVERNIGHT
- TRADING WITH INTRA- DAY DROPS – MAKING EDGES EVEN BIGGER
- THE 2-PERIOD RSI – THE TRADER’S HOLY GRAIL OF INDICATORS?
- DOUBLE 7’S STRATEGY
- THE END OF THE MONTH STRATEGY
- 5 STRATEGIES TO TIME THE MARKET
- EXIT STRATEGIES
- THE MIND
Short Term Trading Strategies That Work By Larry Connors, Cesar Alvarez pdf