Mastering the Art of Timing in Trading
Understanding the Crucial Role of Timing Trades
Does Trade Timing Matter?
I’d say that’s pretty accurate. A late entry can change the dynamics of the trade dramatically.
- The stop has to be wider, which impacts the RvR of the trade.
- The trade is more likely to take some heat, potentially putting you under pressure.
- It can also make you feel a sense of guilt, thinking you’ve chased the trade. Which can ignite all sorts of emotions and unwanted actions!
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The Market Wizard
Linda Raschke is a widely respected trader who started out as an equity options market maker in the early 1980s. She has held positions as head trader for a number of hedge funds and is featured in Jack Schwager’s book ‘The Market Wizard.’ In a recent interview with Pepperstone, she shared her insights on how traders can keep up with changes in the market, adapt to different market environments, and capture intraday volatility and range expansion.