Dmytro Kharkov

Steve Burns: Buy after new highs and sell after new lows in trading

Steve Burns: Buy after new highs and sell after new lows in trading
Trading pullback and rally principle

A trading principle was highlighted by Steve Burns, sharing a quote from Linda Raschke. The advice is to buy the first pullback following a new high and to sell the first rally after a new low.

This approach aims to identify optimal entry and exit points based on recent market movements.

Burns previously introduced ‘Trading is Math,’ a book focused on mathematical formulas for profitability across markets. In another post, he invited readers to recall their first traded stock by ticker symbol, referencing the beginnings of personal investing experiences in a separate discussion. These engagements highlight his emphasis on both practical strategies and the personal side of trading.

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