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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.............................................................................................
Linda Raschke
- Thread starter dealmaker
- Start date
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.............................................................................................
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.)
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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".
She turned me on to The Taylor Trading Technique, which is representative of her style.
Best,
PTR
Best,
PTR
Good call.
Linda strikes me as one of the few educators who actually are the real deal.
Linda strikes me as one of the few educators who actually are the real deal.
Yeah I've shared that assessment, but haven't followed her closely.
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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
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But NEVER take a bloated can of sardines for $175 home to your wife/explosion LOL-LOL
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.