Had the privilege of working with @LindaRaschke as her assistant, doing execution for her fund.
Sharpest, most prepared market technician I’ve ever met. You won’t find a soul who takes their homework more seriously. This type of knowledge and experience is a rare commodity (pun intended). Incredibly impressive individual all around, personally and professionally. Tons of fun too! Pure Class.
As she mentions in this video, levels are very, very important.
If she’s got something to say, listen up. 🎯
She knows quite a bit more than you and I combined.
#TheUltimateBadass
🚨 80% OF INTRADAY VOLUME SPIKES HAPPEN AT THESE LEVELS?
Legendary hedge fund manager Linda Raschke, featured in Jack Schwager’s The New Market Wizards, shares a fascinating observation from over 40 years of trading.
Look at a 1-minute chart and check where the biggest volume spikes occur.
Very often, they’re right at previous intraday swing highs and lows.
That’s where algorithms often get triggered.
I see these spikes quite often in my own intraday trading. Some of them can develop into really nice momentum moves.
Of course, not every spike is a trade. The key is understanding what happens next.
I’d encourage every intraday trader to study these areas on their own charts. There’s a lot to learn from them.
Huge thanks to @LindaRaschke and @WaqarAsim10 for sharing this!
📌 Bookmark this, friends. Study it on your own charts and share it with other traders! ❤️
I’m Mick, Director of Risk Management at @Topstep.
If you hate the rules, it’s usually because nobody explained the math behind them. That changes today… oh and I’m known for my mustache.

