Mr. Linda Bradford Raschke

Biography

Linda Bradford Raschke is an American professional trader, author, and investment manager. She began her trading career in the early 1980s and became known for trading futures and other financial markets. She later established her own trading and money-management businesses. Raschke was featured in Jack Schwager's book The New Market Wizards and co-authored Street Smarts with Laurence Connors. Her career has made her an influential figure in technical trading education.

Trading Methods

Raschke is known for short-term trading strategies based on price action, momentum, market structure, and technical patterns. Her methods include swing trading, identifying short-term reversals, and recognizing changes in market momentum. She has emphasized preparation, consistent execution, disciplined position sizing, and managing risk. Rather than relying on a single indicator, her approach considers price behavior and the broader trading environment.

Greatest Successes

Raschke built a long professional career trading futures and managing investment capital. She became widely recognized through interviews, trading publications, and her educational work. Her book Street Smarts helped introduce systematic short-term trading setups to a broader audience. Her professional longevity and contributions to trading education are well documented, although complete independently verified records of her personal trading returns are not publicly available.

Failures and Setbacks

Raschke has discussed the importance of learning from losing trades and difficult market conditions. Short-term trading strategies can suffer during unpredictable price movements, sudden volatility, and false technical signals. Her career illustrates that trading requires continuous adaptation and strict risk controls. Specific claims about major personal financial losses should not be treated as established facts without reliable documentation.

Lessons for Modern Traders

• Prepare a trading plan before markets open.
• Study price action and market structure.
• Use consistent position sizing and risk limits.
• Accept losing trades without allowing emotions to take control.
• Keep detailed trading records to evaluate performance.
• Adapt strategies when market conditions change.