"Street Smarts" by Linda Raschke and Larry Connors is highly regarded as a practical, concise guide offering actionable, high-probability trading strategies like the "Holy Grail" and "Turtle Soup". While some strategies may require modern filtering, the book remains a staple for its focus on professional discipline and market behavior. For more details, visit Amazon .
Entry
: Wait for the first price pullback to the 20-period Exponential Moving Average (EMA).
- Book Smarts: Rely on indicators, hope, and "should" (e.g., "The market should go up because the data is good").
- Street Smarts: Rely on price action, volume, and self-preservation (e.g., "The market is going up because buyers are aggressive; I will follow until they stop").

