Linda Raschke
Champion Day Trader & Pattern Recognition Expert
Linda Raschke
Options & Technical Analysis
Key Stats
Net Worth
$50+ Million
Origin
American
Lifespan
Born 1959 (67 years old)
Biography
Linda Bradford Raschke is one of the most respected short-term traders in the world. Featured in Jack Schwager's "The New Market Wizards," she has been trading professionally since 1981 and is known for her systematic approach to pattern recognition.
Trading Career
Linda started as a floor trader on the Pacific Coast Stock Exchange before transitioning to electronic trading. She has been consistently profitable for over 40 years.
Trading Style
Raschke is known for:
- Short-term swing trading and day trading
- Pattern recognition and classic chart patterns
- Mean reversion strategies
- Market breadth analysis
Education
Linda runs LBR Group, teaching traders her systematic approach to the markets. She is known for making complex concepts accessible.
Trading Philosophy
"Trading is not about being right. It's about making money when you're right and losing small when you're wrong."
Legendary Quotes
"Trading is not about being right. It's about making money when you're right and losing small when you're wrong."
"Most traders never get past the starting gate because they're too busy looking for the Holy Grail."
Recommended Reading
Street Smarts: High Probability Short-Term Trading Strategies
Co-authored with Laurence Connors
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