Words of Rizdom

Linda Raschke - The REAL Founder Of The Turtle Soup Trading Strategy

11 snips
Apr 1, 2025
Linda Raschke, an accomplished author and trader with over 40 years in the market, shares her journey and insights. She elaborates on the renowned 'Turtle Soup' trading strategy she developed in the '90s, emphasizing the role of heavy technical analysis. Discussion includes key traits of successful traders, such as focus and resilience. Linda reflects on the symbiotic relationship between intuition and analysis in trading, and how personal experiences shape confidence. She also addresses the evolution of trading practices and the challenges of navigating market volatility.
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ADVICE

Focus for Success

  • Eliminate distractions for trading success, like social media or noise.
  • Cultivate single-mindedness and focus for peak performance.
INSIGHT

Adversity Builds Character

  • Overcoming adversity early in life builds resilience for future challenges.
  • Adversity teaches valuable lessons and self-confidence.
ADVICE

Using Online Communities

  • Differentiate social interaction from business goals in online communities.
  • Draw boundaries to maintain focus during trading hours.
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