Winning In The Futures Markets By George Angell Pdf -
Adhering strictly to entry and exit points to manage emotions.
Human psychology has not changed. Algorithms are programmed by humans to exploit human weaknesses. The support, resistance, and momentum principles detailed by Angell remain highly effective because they reflect these unchanging behavioral patterns. What Requires Adaptation winning in the futures markets by george angell pdf
The goal of the LSS system is to determine—in advance—the likely trading range for a given day and to pinpoint high-probability entry points, often utilizing a three-day cycle to time trades. Angell focuses on using hard price data to fine-tune his techniques, an attitude that he believes allows discretionary traders to stay competitive in an era of automated "bots". Adhering strictly to entry and exit points to
: He emphasizes shifting from a "hobbyist" mindset to a professional one, which includes maintaining discipline and never "paper trading" because it lacks the real psychological pressure of live capital. The Professional Mindset The support, resistance, and momentum principles detailed by
Angell placed immense importance on the first 30 minutes of trading. If the market opened within a specific range relative to the previous day’s close, the LSS system would trigger specific entry points—either buying a break above the high or selling a break below the low.
The book also covers various trading strategies, including: