222: Trading Success Story From The Pit - Linda Raschke

Trading Success Story From The Pit

In episode 222 of the Desire To Trade Podcast, I interview Market Wizard, full-time trader and ex-hedge fund manager Linda Raschke.

Linda, while being extremely good at scalping the markets, has a very interesting story of how she went from trading at a physical exchange to moving on her own and then starting a hedge fund.

She recently published her book titled "Trading Sardines: Lessons in the Markets from a Lifelong Trader" available on her website https://lindaraschke.net

>> Watch the video recording!

In This Episode, You'll Learn...

• How did Linda start her trading career 01:51
• 1 important thing that Linda learned early in her career 04:50
• What Linda learned about herself while writing her new book 09:19
• Why Linda has so many notebooks full of texts from her trading 10:50
• How different traders go around "Journalling" their trade ideas and notes 13:35
• How did Linda build her own Hedge Fund 14:58
• How themes changed and Linda adapted to it on the institutional space 16:37
• The new trends for trading and managing money (OPM) 18:13
• Linda's advice for people who want to manage money for others 19:24
• What investors look for when approaching a money manager 21:35
• Linda´s daily habits - What keeps her at the top level 22:54
• How does Linda manage to trade the full US session? 24:12
• Linda's trading style 25:08
• Why Linda doesn't care about "missing" trades 28:48
• The reality fo developing an edge on the markets 30:52
• The great value of experience in the markets 34:17
• Where to find Linda 37:20
• What is in Linda's future 39:58
• Linda's top advice for traders - "It's an endurance game" 41:58
• And much more!

What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!

Resources Mentioned

• Trading Sardines (Linda's new book)

DesireToTRADE's Top Resources

• DesireToTRADE Forex Trader Community (free group!)
• Complete Price Action Strategy Checklist
• One-Page Trading Plan (free template)
• Recommended brokers:
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  • AxiTrader (use our link to get a special bonus)
  • SCM (Scandinavian Capital Markets)
• Desire To TRADE Academy

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Where to find Linda Raschke!

• LindaRaschke.net

What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!