Approach Quote by Linda Bradford Raschke
“There are too many unpredictable things that can happen within two months. To me, the ideal trade lasts ten days, but I approach every trade as if I'm only going to hold it two or three days.”
About This Quote
Source Book: Market Timing, 2005
Trade plans should be short‑term, treating each trade as a brief holding to manage unpredictability.
In simple terms: Keep trades short to handle uncertainty.
Key Takeaway
Adopt brief trade horizons.
Themes
trading
risk management
uncertainty
Mood
pragmatic
analytical
Type
strategic
educational
When to use this quote
- day trading
- options
- risk assessment
- portfolio
Key Concepts
finance
behavioral economics
Questions to Reflect On
- How do you decide trade length?
- What risk controls do you use?
A Different Perspective
Short‑term focus may miss longer trends.
