Linda Raschke’s 12 Technical Trading Rules

Discussion in 'Strategy Building' started by Chuck Krug, Sep 3, 2015.

  1. Guile

    Guile

    Gotta refer to LBR. I think she defines it on a weekly basis but not sure. Definitely not monthly.
     
    #21     Sep 3, 2015
  2. Guile

    Guile

    Some of these rules are instrument dependent....
    Trend trading vix is tough, much easier in crude. Without context these principles are just trading platitudes. Hard to separate the bullshit vendor speak from the truth. Test everything I guess and don't put LBR on a pedestal. Unless you want to look up her skirt.
     
    #22     Sep 3, 2015
    J.P. likes this.
  3. kut2k2

    kut2k2

    Rules 11 and 12 should be obvious. Trading with the Trend is ancient wisdom.
     
    #23     Sep 3, 2015
    zbestoch likes this.
  4. Handle123

    Handle123

    No they can't, they rather count paragraphs or hound you to death cause they refuse to do back testing and wonder why they lose money. WRB, let them complain, we need to rob someone of their funds, grin....
     
    #24     Sep 3, 2015
    zbestoch likes this.
  5. achilles28

    achilles28

    Yes. Iow. The market trends or ranges. Have a strategy that trend follows. And have a strategy that trades the range. Know how to recognize a trend day and a range day
     
    #25     Sep 3, 2015
  6. achilles28

    achilles28

    Thanks for the list man. Where did you find it? Other Market Wizard rules out there?
     
    #26     Sep 4, 2015
  7. J.P.

    J.P.

    LOL, best post in this thread. Thanks, Guile.
     
    #27     Sep 4, 2015
    Guile likes this.
  8. Guile

    Guile

    Shoot me a "like" my perverted friend. Not much point in looking up LBR's skirt these days. Dust might fall in your eyes.
     
    #28     Sep 4, 2015
    J.P. likes this.
  9. Achille: A trader called Steve Burns posted them on twitter. Thought it make for a lively conversation (and it did!)
    I don't know the guy personally, btw.
     
    #29     Sep 5, 2015
  10. J.P.

    J.P.

    You get one for each. Thanks again.
     
    #30     Sep 5, 2015