Larry Connors Review: RSI(2), Books, Courses and Cost

Larry Connors is best known for one short idea: buy a strong market after a few weak days, using a 2-period RSI. Through TradingMarkets and Connors Research he has published strategy books for decades. Today his store also sells AI courses and private mentoring at $20,000.

We did not buy a course or a book for this review, and we have no business relationship with Connors. We read the public pages of Connors Research and TradingMarkets, the store catalogue, the return policy and the disclaimer, and reference pages from StockCharts and TradingView, all on 8 November 2026. We did not run our own backtest of his strategies.

Larry Connors in 30 seconds

• Who: Laurence A. Connors, founder of TradingMarkets and head of Connors Research, a publisher of rules-based short-term strategies.
• Known for: the RSI(2) strategy, the ConnorsRSI indicator, and the book Street Smarts, written with Linda Raschke.
• Cost: selected available books at about $30 to $120, a manual at $295, courses up to $2,995, and mentoring or club access at $10,000 to $20,000.
• Returns: books have a money-back period, while courses, software, mentoring and club memberships are generally non-refundable.
• Evidence: the company publishes test results, and its disclaimer warns about simulated results. We found no audited live trading record.

Who is Larry Connors? Career and companies

Larry Connors is an American trading author and the founder of TradingMarkets, whose work focuses on rules-based, short-term strategies tested on historical data.

His career started at Wall Street brokerage firms. An older TradingMarkets biography says he began at Merrill Lynch in 1982 and later became a vice president at Donaldson, Lufkin & Jenrette. That text says he founded the company in 1998, while the about page says TradingMarkets and The Connors Group were founded in 1999, together with Kevin Haggerty and other traders.

Connors Research is the research side of the business. Its about page says it has more than 18 years of experience building quantified strategies for wealthy individuals, trading desks, hedge funds and prop firms, and that it has published more than 20 books. These are company statements. The page also describes Connors in very strong terms as “one of the most respected figures” in the field, which is marketing language.

Item	Details
Name	Laurence A. “Larry” Connors
Companies	The Connors Group, TradingMarkets, Connors Research
Address in the store footer	Tampa, Florida
Governing law in the TradingMarkets terms	State of Florida
Known strategies	RSI(2), ConnorsRSI
Registration statement	The disclaimer says the companies are not registered investment advisers or broker-dealers

RSI(2) and ConnorsRSI: what he is known for

The RSI(2) strategy buys short pullbacks inside a long-term uptrend. StockCharts describes it as a mean-reversion approach: the market must be above its 200-day moving average, and buying opportunities appear when a 2-period RSI falls below 10. The mirror image applies to short sales below the average. Our guide to the RSI indicator explains how the standard 14-period version differs.

Exits and stops are the unusual part. According to StockCharts, Connors exits longs in his S&P 500 example on a move above the 5-day moving average, and he does not advocate stops, because his tests found they hurt results in stocks and stock indices. Without a stop, a falling position can cost far more than the usual gain, so judge this drawdown risk yourself. This is an overview, not a complete trading system.

ConnorsRSI adds two more measurements to the same idea. According to StockCharts, it averages a 3-period RSI of price, a 2-period RSI of the current up or down streak, and a percentile rank of the latest price change over 100 periods. TradingView describes the same three parts, and the result moves between 0 and 100.

A simple rule does not mean a simple result. Short-term strategies trade often, so costs and slippage weigh heavily, and buying weakness can hurt in a market that keeps falling. Before you trust a published rule, test it yourself with realistic costs. Our guide to backtesting shows what to watch for.

Larry Connors books: what is on sale

His best-known book is Street Smarts, written with Linda Raschke in 1995. It contains short-term setups such as Turtle Soup, which we explain in our Turtle Soup guide, and our Linda Raschke profile covers his co-author. The TradingMarkets store sells it as a download for $120.

The later books present strategies with test results. The books page lists Short-Term Trading Strategies That Work, Buy the Fear, Sell the Greed, The Alpha Formula and AI For Traders. The store’s description of Short Term Trading Strategies That Work promises 16 strategies backed by a decade of research. We have not checked those test results, and historical results may not repeat.

Larry Connors cost: courses and mentoring

The table below includes books at about $30 and private mentoring at $20,000. All prices below come from the TradingMarkets store catalogue in US dollars on 8 November 2026. German visitors see the same products in euros. Several older products are still listed, so check the date of a course before you buy.

Product	Price on 8 November 2026	Note
Short Term Trading Strategies That Work (PDF)	$19.95	Marked unavailable in the catalogue
Buy the Fear, Sell the Greed	$29.95 or $49.95	Depends on format
The Alpha Formula	$39.95	Book
Street Smarts (download)	$120	Book
AI For Traders manual	$295	30-day money-back guarantee on its page
AI Wealth Creation Traders Report	$350 a month or $1,495 a year	Subscription
Swing Trading College 2019	$895	Course from 2019
How To Build Trading Strategies With AI	$1,995	Course, title shortened
Single Stock ETFs, Short-Side Profit Engine	$2,995 each	Courses, titles shortened
First Movers Circle	$10,000	No description on the store listing
Chairman’s Club 2026	$20,000	No description on its product page
Private Mentoring with Larry Connors	$20,000	No description on its product page

The newest products focus on AI. The TradingMarkets homepage calls AI “the greatest source of alpha in market history”, and the AI For Traders page sells a manual with prompts and workflows. It says the manual is not for beginners and recommends at least three to five years of trading experience. We have not tested it, and that marketing line is a sales claim, not a measured result.

At the top end, you have little to go on. The product pages for private mentoring and the Chairman’s Club showed a price and a cart button, but no description of what you get. At $20,000, ask in writing what is included, how long it runs and who delivers it.

Returns and terms: what the policy says

Books have a money-back period, but most other products do not. The return policy gives a 30-day guarantee on non-PDF books and 60 days on Connors Research guidebooks. Video courses, downloadable courses and software are non-refundable, with one exchange within 30 days unless stated otherwise.

Mentoring and memberships are final. The policy says that sales for the Chairman’s Club, research group memberships, mentoring products and custom programming are non-refundable and not exchangeable. Individual product pages can differ, like the 30-day guarantee on the AI manual, so save the page and your order confirmation.

The legal terms point to Florida. The TradingMarkets terms name the laws and courts of the State of Florida. The store footer also mentions an EU right of withdrawal, but the page we tried returned an error, so buyers in Europe should ask directly. This is a summary, not legal advice.

Evidence: what the test results can and cannot show

The evidence we reviewed consists of historical tests. We found no audited live trading record of Connors or of his customers on the pages we read. This does not mean that the research has no value, only that it answers a different question from how much a real account earned.

The company’s own disclaimer is clear about this. The Connors Research disclaimer warns in capital letters that simulated results have limitations, that they are designed with the benefit of hindsight, and that past results do not indicate future returns. It also says that staff may hold positions in what they discuss.

Regulation was outside the scope of this review. The disclaimer says The Connors Group, Connors Research and Connors are not registered investment advisers or broker-dealers. We did not check that statement or research any regulatory history. If this matters to your decision, search the SEC, CFTC, FINRA and NFA databases yourself.

Who are Larry Connors’ products for?

The books suit traders who like clear rules and want to test them. A book costing less than $50 gives you the strategy logic at low risk, and you can then test it on your own data. For that, you need some programming or a testing tool. The catalogue lists add-on code for the AmiBroker software, but the code products we checked were marked unavailable.

The expensive programs are aimed at experienced traders with money to spare. Connors’ own AI manual page recommends several years of experience. If you are new to trading, our learn trading guide sets out a cheaper sequence, and our guide to trading courses shows how to compare a program before you pay, especially when returns are excluded.

Strengths and limits of Larry Connors’ offer

Strengths

• Clear rules: RSI(2) and ConnorsRSI are documented publicly and can be tested
• Long record as an author: books since the 1990s, including Street Smarts
• Low entry price: books for less than $50, with a money-back period on many of them
• Visible prices: the store shows its prices, even for the most expensive products

Limits

• Evidence: historical tests, no audited live record found
• Returns: courses, software, mentoring and club memberships are generally non-refundable
• Transparency: no description on the top product pages we checked
• Marketing: strong AI claims without a measured result on the pages we read
• Age: some courses in the store date from several years ago

Conclusion: is Larry Connors worth it?

The books are the low-cost way to look at his rules, while the expensive programs are hard to judge from the outside. RSI(2) is simple enough to test yourself, and you need no course for that. The public descriptions from StockCharts already give you the core idea.

We have not tested his books or courses, so we cannot rate their quality. If you consider a larger purchase, compare what it adds to the books, and ask what you get in writing, because most of the expensive products cannot be returned. Treat every published result as a test, not a promise.

Compare the offer before you pay. Our guide to trading education helps you choose a learning format, and our SMB Capital review looks at a provider with a real trading desk. For context: Kagels Trading also sells trading education. This review is not investment advice.

Frequently asked questions about Larry Connors

What is the Larry Connors RSI 2 strategy?

It is a short-term strategy that looks for pullbacks inside a long-term trend, using a 2-period RSI. According to StockCharts, the market must be above its 200-day average, and buying opportunities appear when the RSI falls below 10. Test it with your own costs before using it.

What is ConnorsRSI?

ConnorsRSI is an indicator from Connors Research that averages three short-term measurements. These are a 3-period RSI, a 2-period RSI of the up or down streak, and a percentile rank of the latest price change. It moves between 0 and 100.

What books did Larry Connors write?

His best-known titles are Street Smarts, Short Term Trading Strategies That Work and Buy the Fear, Sell the Greed. Street Smarts was written with Linda Raschke. Connors Research also lists The Alpha Formula and AI For Traders.

How much does Larry Connors’ mentoring cost?

On 8 November 2026, private mentoring was listed at $20,000 in the TradingMarkets store. The product page showed no description of what is included. The return policy says mentoring products are non-refundable, so ask for the details in writing.

Have you tested Larry Connors’ strategies or courses?

No, we have not bought his products or run our own backtest for this review. It examines public pages, the store catalogue and the return policy. It does not assess the quality of the courses or the future performance of the strategies.