“The most important part of the strategy comes when the markets are CLOSED! I can't trade during the day if I don't have a good idea of what I am going to look for before the markets open. When a new momentum low is made, we look to sell the first rally.” When a new momentum high is made, we look to our highest probability trade, which is to buy the first pullback. ![]() These points are also referred to as 'pullbacks' or 'dips' in an existing trend. “During strong trends, we use retracement swings to enter in the direction of the trend. Linda employs a strategy that can be best summed up as “buy the dip, sell the rip”. ![]() Her Hedge Fund performance continues to be ranked in the top 2% by Barclayhedge. In 1995, she co-authored the best selling book Street Smarts-High Probability Short Term Trading Strategies. Jack Schwager's book, The New Market Wizards, as well as the CNBCFinancial reporter Sue Herera's Women of the Street, both describe Raschke's preeminence in her field. She began her trading career on the Pacific Coast Stock Exchange and later moved to the Philadelphia Stock Exchange. Raschke has been a full-time professional trader for over 30 years. ![]() Although Raschke is probably known mostly as a short-term S&P 500 futures trader, she is active in several time frames, markets and trading styles. She began her professional trading career in 1981 as a market maker in equity options.
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