"Sniper Trading: Essential Short-Term Money-Making Secrets for Trading Stocks, Options, and Futures,"
In his book veteran trader George Angell provides a comprehensive guide for those looking to master the art of "hit-and-run" short-term trading. Unlike hobbyist methods, Angell focuses on high-precision techniques used by floor professionals to time market moves with pinpoint accuracy. Core Strategies of Sniper Trading
Sniper Trading Strategies
Precision over Volume
: Traders wait "in the wings" for specific signals rather than chasing every market move.
Sniper Trading: Essential Short-Term Money-Making Secrets for Stocks, Options, and Futures
- Trading Platforms: Sniper traders use trading platforms such as MetaTrader, NinjaTrader, or Thinkorswim to execute trades.
- Technical Indicators: Sniper traders use technical indicators such as charts, trends, and patterns to identify high-probability trades.
- Market Data: Sniper traders use market data such as news, economic indicators, and market analysis to stay informed.
- Trading Communities: Sniper traders join trading communities and forums to share ideas and learn from other traders.
- The Math: You must risk $1 to make $3 (minimum).
- The Secret: Most traders use a 1:1 stop loss to target. Snipers use tight stops (based on volatility) and let profits run until volume dies.
- Example: If a stock is at $100, your stop is $99.50 (risk $0.50). Your target is $101.50 (reward $1.50). That is 3:1.
Sample Sniper Trading Checklist (for any asset)
- Secret: For every 100 setups you scan, 95 are trash. Force a trade anyway? You die.
- Action: Sit on your hands until your exact entry, stop loss, and target align. In short-term trading, cash is a position.
- If your stop loss is $100, your target profit must be $200. This allows you to be profitable even if you lose 50% of your trades.

