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Episode #105: Linda Raschke- Market Wizard Talks Trading Strategies, Indicators & Managing Money

Confessions Of A Market Maker

CHAPTER

The Problem With Algorithmic Trading

Don't try to think, Oh, you know, who's doing what? Just stick to your own game. You just have to find one little relationship that you can kind of do a little arm with or get a little edge from. So the market's going to always repeat itself, but not exactly if that makes sense. And it's just hard work at fighting a little bit of an edge. I'll give you one last analogy for fun. I like playing bridge and now bridge is what you'd call a closed system. There's 680 billion initial combinations that can be dealt. All right, 680 billion. If you were to add all four players,you know, the first hand

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