Toby - Crabel - Day Trading With Short Term Price...

He calculated the average distance the price moves from the open before finding resistance, helping traders set realistic profit targets and stop losses .

While the book is out of print and original copies are quite expensive, its principles on and mean reversion continue to influence modern algorithmic trading strategies. Toby Crabel - Day Trading with Short Term Price...

This text is often considered a "holy grail" for and scalpers . Published in 1990, it popularized several core concepts that remain staples in the trading world today: He calculated the average distance the price moves