Linda Bradford Raschke Quotes
The good traders are the ones who can hold their ground the majority of the month and participate in that small handful of trades that are windfalls. The real skill is in not LOSING money!
If you ever have to ask someone else's opinion on a trade, you shouldn't be in it.
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.
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.
I believe my most important skill is an ability to perceive patterns in the market. I think this aptitude for pattern recognition is probably related to my heavy involvement with music.
Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success.
If you ever find yourself tempted to seek out someone else's opinion on a trade, that's usually a sure sign that you should get out of your position.
Imbalance or abnormity is never so dangerous as when it is widely perceived or accepted as being normal. The worst thing you can do is not to try.
