Confessions Of A Market Maker Episode #105: Linda Raschke- Market Wizard Talks Trading Strategies, Indicators & Managing Money
11 snips
Apr 5, 2023 AI Snips
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Find A Scalable, Consistent Trading Style
- Settle into one consistent trading style before scaling your size and risk.
- Prove your trade management through different market environments for at least ~3 years.
Trade Visible Levels, Not Forecasts
- Trade by visible technical levels (intraday, daily, weekly) and take what the market gives.
- Use short-term structure to decide bias and hold overnight only when the edge exists.
Use Simple Sentiment For Market Context
- Use simple sentiment measures like the equity put/call ratio and AAII readings as market background.
- Treat sentiment as context, not a precise timing tool.