![]() She stresses that successful day trading in the S&Ps requires contextual awareness. This was her original program and still to this day, her most consistent producer. 95% of this trading is in the E-mini S&P 500 futures contract as opposed to the other stock index futures like the Rut, DOW and NASDAQ. S&P day trading is Linda’s bread and butter. Not all of them bring home the bacon each year, but she counts on at least one of them to make her nut for the year. Each profit center has a different approach to the market so that she can diversify her revenue streams. Linda segments her trading between four different strategies (she calls them profit centers). We’ll breakdown how she approaches markets and the tools she’s used to make a consistent killing over the years. In this piece, we’re going to explore Linda’s methods, habits, and practices. ![]() Linda’s traded from all sides of the business as a market maker in the open outcry pits, as an individual trader for her own account, as well as a fund manager for institutional investors. It’s a fantastic read, full of humor and valuable trading wisdom from a decorated veteran of the game. If you haven’t already I highly recommend you go and check out her latest book Trading Sardines. She was featured in Schwager’s The New Market Wizards book (hers was the best chapter in your author’s opinion). She’s been at the game for over three decades and still manages to clean up. Linda Bradford Raschke is one of these traders. Only the very best can battle the markets over the long-haul and still come out on top. We can thank Linda Bradford Raschke for that important bit of trading wisdom. ![]() I just try to make them less frequently, recognize them faster, and correct them immediately! I realize that I’m only human, and that I’ll always make mistakes. ![]()
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