Perhaps the most celebrated aspect of Winning in the Futures Markets is Angell's proprietary . The "LSS" stands for Long (buy), Short (sell), and Sell short, representing the three-day cycle of the system.
Angell emphasizes that price movement isolated from time is meaningless. He teaches traders to look for specific times of day when volatility peaks—such as the market open and close—and how to avoid getting chopped up during low-liquidity midday lulls. The Psychology of Winning
This foundational knowledge is essential for building a successful trading career from the ground up.
Angell’s philosophy centers on the belief that markets are not entirely random. Instead, they move in repetitive cycles driven by human emotion and liquidity needs. The book breaks down these movements into structured strategies. 1. The Power of Time and Price (The LSS System)