Linda Raschke

Discussion in 'Wall St. News' started by dealmaker, Jan 15, 2021.

  1. %%
    Good one.
    She tends to be early.
    I'm usually not early on her great quote ''buy on ...moving average =holy grail'' but its still another good one.............................................................................................
     
    #11     Jan 15, 2021
  2. I don't know specifically what she means by this... and I disagree "MA=Holy Grail". However, MAs are sometimes VERY significant... but other times they don't mean anything at all. You need to understand the diff and be watching for it.

    The two most important MAs are the 50 and 200 Day. Any trader worth his salt always knows where the market stands relative to these. (The reason they are important... if EVERYBODY is watching them and some are willing to act on them, then they are often significant.)
     
    Last edited: Jan 15, 2021
    #12     Jan 15, 2021
    murray t turtle and KCalhoun like this.
  3. Pekelo

    Pekelo

    Good call, but we did bounce back. I hope she was happy with profits and got out of shorts....
     
    #13     Jan 15, 2021
  4. d08

    d08

    She seems to be the real thing. I like how in one documentary while talking about her 5+ screens, she said she is really just focused on one window on one screen, no-one can follow dozens of screens and extract relevant information.

    For myself in the past year I've also learned that I need to "lose less" and not "win more".
     
    #14     Jan 15, 2021
    tomas262, comagnum, They and 2 others like this.
  5. She turned me on to The Taylor Trading Technique, which is representative of her style.

    Best,

    PTR
     
    #15     Jan 16, 2021
  6. Good call.

    Linda strikes me as one of the few educators who actually are the real deal.
     
    #16     Jan 16, 2021
  7. 777

    777

    Linda has made a few posts on ET.
     
    #17     Jan 16, 2021
  8. Snuskpelle

    Snuskpelle

    Yeah I've shared that assessment, but haven't followed her closely.
     
    Last edited: Jan 17, 2021
    #18     Jan 17, 2021
    Laissez Faire likes this.
  9. %%
    MY timing on that remark was never intended to be a prediction. Good points on 200dma.
    LBR remark on buy on moving average =holy grail was most likely a trading hint , like cup with handle/rather than a literal holy grail.
    She likes turtle soup she says; fine, i prefer salmon, herring, smoked fish.
    Month of March maybe fine for turtle soup\it was last year.. I found out some other helpful hints/concerning Trading Sardines.......
    $100 or $175 could be a profitable trade;
    But NEVER take a bloated can of sardines for $175 home to your wife/explosion LOL-LOL:caution::caution::caution::caution::caution::caution::caution:
     
    #19     Jan 17, 2021
  10. Snuskpelle

    Snuskpelle

    Sounds like the Swedish delicacy 'surströmming'. Opening a can of surströmming without having an explosion that devastates your kitchen with a horrible stench for weeks is always tricky. We used to open them on our lawn.
     
    #20     Jan 17, 2021
    dealmaker and murray t turtle like this.