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Instead of continuing the breakout, the price fails and reverses back into the previous 20-day range.

The market must open in the top 20% or bottom 20% of the previous day's total range.

Every single strategy in the text starts with a defined stop-loss to minimize exposure before ever calculating profit potential.

Street Smarts: High Probability Short-Term Trading Strategies

The driving ethos behind Street Smarts is simple yet profoundly difficult for many to execute: .