Sniper Trading – Essential Short Term Money Making Secrets for Trading Stocks, Options and Futures : [PDF Download]

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“Human nature today is very much as it was fifty or even a hundred years ago. People don’t like to lose money and they can be intimidated into acting against their own interests by inducing the element of fear. Likewise, the greed side of the equation hasn’t changed, either.

One is likely to let down his guard if he thinks the profits will continue to flow. This is the central premise of Taylor’s theory of market engineering. On the so-called buy day, Taylor claimed that knowledgeable market forces sold the market down in order to create a buying opportunity for themselves.

Strong hands, according to Taylor, caused the market to decline. The ensuing losses then caused the weak hands to abandon positions and sellout their positions-to, naturally, the strong hands. In the market, these transactions were manifested by a decline followed by a strong rally.”

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