Perhaps my number one rule is: Don't try to make a profit on a bad trade, just try to find the best place to get out. — Linda Bradford Raschke Copy Share Image
Writing down your trades is the best exercise in the world. — Linda Bradford Raschke Copy Share Image
I try to wait until things set up just right before I take a trade. Then, when I'm ready to take the trade, I… — Linda Bradford Raschke Copy Share Image
The truth is that once you get down on the trading floor, you find that the traders come from all walks of life. You don't have to be a rocket scientist to be a trader. In fact, some of the best traders whom I knew down on the floor were surf bums. Formal education didn't really seem to have much… — Linda Bradford Raschke Copy Share
If you ever have to ask someone else's opinion on a trade, you shouldn't be in it. — Linda Bradford Raschke Copy Share Image
Perhaps my number one rule is: Don't try to make a profit on a bad trade, just try to find the best place to… — Linda Bradford Raschke Copy Share Image
Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success. — Linda Bradford Raschke Copy Share Image
Some of the best trades come when everyone gets very panicky. The crowd can often act very stupidly in the markets. You can picture price fluctuations around an equilibrium level as a rubber band being stretched -- if it gets pulled too far, eventually it will snap back. As a short-term trader, I try to wait until the rubber band… — Linda Bradford Raschke Copy Share
I believe that only short-term price swings can be predicted with any precision. The accuracy of a prediction drops off dramatically, the more distant… — Linda Bradford Raschke Copy Share Image
There are too many unpredictable things that can happen within two months. To me, the ideal trade lasts ten days, but I approach every… — Linda Bradford Raschke Copy Share Image
The third important ingredient for achieving peak performance is attitude. Attitude is how you deal with the inevitable adverse situations that occur in the… — Linda Bradford Raschke Copy Share Image
I believe my most important skill is an ability to perceive patterns in the market. I think this aptitude for pattern recognition is probably… — Linda Bradford Raschke Copy Share Image
The good traders are the ones who can hold their ground the majority of the month and participate in that small handful of trades… — Linda Bradford Raschke Copy Share Image
