You must always be confident when dealing with the market if you want to be serious in this business. Lastly, it is your way of thinking and your mental attitude. But whatever method you choose, do it slowly and not too hastily. For me, information from various media is dizzying, I focus on technical aspects, and you don’t have to be like me. You can make a profit for a month, but the next month is uncertain.Ĭommitment to continue to exist, you must hold on to the market, never feel bored or feel trading is a burden, but also do not be too relaxed.Īlso, do not mix technical analysis and basic news information. It is up to you to use the demo account first or go directly to the real account.
LINDA BRADFORD RASCHKE FULL
“Success in trading, whatever the market type, requires full time and focus.
LINDA BRADFORD RASCHKE PROFESSIONAL
”But like professional traders in general, Linda still refers to long-term trend forecasts first before looking at lower entry times. That’s why it’s important that you apply money management and trading management to manage all of your trading positions. If my position turns out to be wrong, I will know because the market gave the hint. You will not know how much reward is given I tend to hold that position for as long as possible until there is a valid signal, that is the right time to exit the market “. Try to note, if the pattern is formed on the daily chart, the pattern will remain the same 2 to 6 days later. “Yes, you are right, the long term reward will be greater, but the risk is also greater. ” Linda explained.Īlthough known as a short-term expert in the S&P 500 futures trading, Linda uses several trading terms. Use stop-loss that is not too big in a market that moves sideways. If there is a false signal there is a possibility the market will move sideways. “In the market you expect will be a certain trend, do not rush, at least wait an hour later. You will tend to panic.” He not only trades in markets that are having a clear trend but also on sideways. “Your trading results will tend to be damaged if you trade more than 6 types of assets once entered. Linda has studied almost 20 types of asset markets but limits trading to only 5 or a maximum of 6 types of assets each time she enters the market. “The way I analyze market patterns is always the same, I have not changed in the slightest,” Linda added again. That is why the pattern of market movement is always an upward trend, trend down and sideways, “he said. They, market participants, you and I, always tend to predict, follow the trend, and then reverse the direction. “In my opinion, the pattern of market movement has remained technically the same for the last hundred years. But what really made me open a trading position was technical analysis,” Linda explained.ĭespite trading for 30 years, Linda still uses the same pattern of technical analysis with various variations. “Maybe it’s basic news, or information about big speculators who tend to buy or sell, or maybe news about general politics. “Information is something that traders should be aware of,” he said. He does not even use the services of news providers as is commonly done by professional traders. Linda calls herself a trader who always focuses on technical analysis. Jack Schwager’s book ‘The New Market Wizards’ and Sue Herrera’s book from CNBC Financial ‘Women of the Street’ states that Linda Bradford Raschke is a qualified professional in her field. Even so, Linda continues to trade every day and the results of her hedge fund strategy are always in the top spot of Barclayhedge. After several years of trading in his own capital, in 1993 he began focusing on money management by managing a $ 25 million fund with his partner Rick Genett. Linda began her trading career in 1981, first on the Pacific Coast Stock Exchange and later on the Philadelphia Stock Exchange. Linda Bradford Raschke is a commodity and futures trader and President of LBR Group, a group of companies in the field of financial investment that oversees LBR Asset Management. Linda Bradford Raschke – Always Focusing On Technical Analysis One of the successful traders was Linda Bradford Raschke.
LINDA BRADFORD RASCHKE SOFTWARE
A large number of successful traders in their careers have dedicated much of their knowledge and time to expanding the world of trade and investment, such as setting up investment consulting firms, commenting on various investment and business media, developing trading software or writing books.