Francis Hunt (The Market Sniper)¶
Overview¶
Pure price action trading without lagging indicators. Focus on patterns, timing, and risk management.
Key Videos¶
Breakouts & Volatility¶
Video: Explosive Breakouts
https://www.youtube.com/watch?v=qvSvVHX2I7U&list=PLnSelbHUB6GT9L_TanRe_sya0CV5_QHW-&index=12
Key Insight: Usually less volatility and pre-existing trend will only lead to explosive breakouts. He basically confirms what Qullamaggie says.
Managing Losses¶
Video: Why 91% Fail
https://www.youtube.com/watch?v=gYLyRwStCxA&list=PLnSelbHUB6GT9L_TanRe_sya0CV5_QHW-&index=19
91% of traders fail because they:
- Don't manage losses
- Don't follow process
- Listen to emotions
Biggest mistake is taking a big loss.
Mean Reversion vs Swing Trading¶
Video: Statistics Comparison
https://youtu.be/oG0KaQ2rVok?si=9RM-araHc44K3BV5
Mean reversion vs swing trading statistics.
Build Your Own Strategy¶
Video: Strategy Building
https://www.youtube.com/watch?v=yJjqO1XRa3k
Great video on building your own strategy.
Key Teachings¶
Timing & Immediate Feedback¶
If Timing is Right
Hunt says if your timing is right you will get immediate returns (if you got the break right).
Aggressive Stops¶
Stop Loss Philosophy
He says to put aggressive stops.
Opportunity Cost¶
Don't Overstay
He also says that staying in long position for a long time in a stock is inefficient due to opportunity cost. Maybe you are missing out on a swing on another stock.
So he basically says: if your decision/timing was right you must get immediate feedback.
Patterns & Psychology¶
Why Patterns Repeat
He says patterns are repeatable components due to human psychology and emotions.
What Separates Winners¶
Edge Factors
He says what separates you from others is:
- Your risk management
- Your position management
- Your ability to time entries
Sniper Circle Community Review¶
8-Month Member Review
"I've been in the Sniper Circle community for about 8 months now. The level of detail that Francis goes into his teachings is immaculate, and you truly get to understand price action without lagging indicators such as moving averages, RSI, etc.
Just pure price action - key levels, candlestick analysis, chart patterns, and the holy grail: the HVF pattern.
Price action is analyzed in ways that are not conventionally thought of, such as: - The amplitude of impulses - Proportionality of pattern in terms of price and time
Francis also emphasizes a lot on risk and money management, which should be the foundation of any good trader.
I would say that the price tag is definitely worth the investment for what you get. 5 stars!"
Backtesting Software¶
Great Backtesting Video
https://www.youtube.com/watch?v=iCVFHaTAps8&list=PL0u56lu3jgFeA0VXUDRPcs3ZxKMnRKci_&index=3
Great backtesting software and explanation.
Resources¶
UKspreadbetting Channel¶
This channel is amazing: UKspreadbetting
- Website: https://www.financial-spread-betting.com/
- TA Course: https://www.financial-spread-betting.com/course/technical-analysis.html