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Linda Bradford Raschke Quotes: 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.
         

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
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Other quotes of Linda Bradford Raschke


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!

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.

If you ever have to ask someone else's opinion on a trade, you shouldn't be in it.



Writing down your trades is the best exercise in the world.

Writing down your trades is the best exercise in the world.



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.

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.

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.

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.

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.

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.





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The covers of this book are too far apart.

The covers of this book are too far apart.



The small word, “No.” I’d see its deity.

The small word, “No.” I’d see its deity.



Mankind's greatest gift... is that we have free choice.

Mankind's greatest gift... is that we have free choice.



More than the Big Mac, Coca Cola, or Levi's 501 jeans, the dollar is surely the United States' signature export.

More than the Big Mac, Coca Cola, or Levi's 501 jeans, the dollar is surely the United States' signature export.



Get out of our schools God, get out of our textbooks God, get out of our government God, go away God, go away God, go away God, Katrina hits, God, where are you?

Get out of our schools God, get out of our textbooks God, get out of our government God, go away God, go away God, go away God, Katrina hits, God, where are you?



Have I mentioned you are the hottest geek I've ever known ?

Have I mentioned you are the hottest geek I've ever known ?



I usually sleep just a few hours a night.

I usually sleep just a few hours a night.



As long as you can savor the humorous aspect of misery and misfortune, you can overcome anything.

As long as you can savor the humorous aspect of misery and misfortune, you can overcome anything.



The seed is the fetus, in other words, a true plant with its parts (that is, its leaves, of which there are usually two, its stalk or stem, and its bud) completely fashioned.

The seed is the fetus, in other words, a true plant with its parts (that is, its leaves, of which there are usually two, its stalk or stem, and its bud) completely fashioned.



Leaves are the Greek, flowers the Italian, phase of the spirit of beauty that reveals itself through the flora of the globe.

Leaves are the Greek, flowers the Italian, phase of the spirit of beauty that reveals itself through the flora of the globe.




Quote Description


This page presents the quote "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.". Author of this quote is Linda Bradford Raschke. This quote is about trade, profit, trying, best place, numbers,.