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If you were walking down the sidewalk and saw a dollar bill lying there, would you pick it up? That is exactly what these fun little trades are about. You are not going to get rich from them, but they are a way to pocket small pieces while waiting for a more complex price structure to develop. Linda Raschke uses these single time frame concepts on everything from 5-minute charts to the dailies. Scalps only but a high win rate. Join her for some short and sweet KISS patterns!
Linda Bradford Raschke has been a full-time professional trader since 1981. She began as a market maker in equity options and was a member of and floor trader on two exchanges. In the early 1990s, Ms. Raschke became a registered Commodity Trading Advisor (CTA) and started LBRGroup, Inc., a professional money management firm. In addition to running successful CTA programs, she has been principal trader for several hedge funds and has run commercial hedging programs. Ms. Raschke was recognized in Jack Schwager's book, The New Market Wizards, and in Sue Herera's book, Women of the Street. She has been active with the Market Technicians Association for many years and has lectured in over 30 countries. Ms. Raschke is well-known for her book Street Smarts High-Probability Short-Term Trading Strategies and most recently for Trading Sardines.
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