Wikipedia

Linda Bradford Raschke

Linda Bradford Raschke (/'ræʃki/) is an American financier, commodities and futures trader, hedge fund manager, and author specializing in commodities, futures, and technical analysis. She is known for her inclusion in The New Market Wizards (1992) by Jack D. Schwager, which profiles prominent traders and market participants.[1][2][3][4]

Linda Bradford Raschke
Born
Linda Sue Bradford

1959 (age 66–67)
Pasadena, California, United States
EducationOccidental College
OccupationsCommodities and Futures Trader
SpouseDamon Pavlatos
ChildrenErika Raschke
Websitehttp://lindaraschke.net/

Early life and education

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Raschke was born in 1959 in Pasadena, California, Raschke earned dual bachelor’s degrees in economics and music composition from Occidental College in 1980.[5]

Career

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Raschke entered professional trading in 1981 as a market maker in equity options.[6]  She held memberships on the Pacific Coast Stock Exchange and subsequently the Philadelphia Stock Exchange, where she honed skills in arbitrage, volatility analysis, and risk management.[7]

In 1992, Raschke registered as a Commodity Trading Advisor with the National Futures Association and founded LBRGroup, Inc., firm specializing in futures and derivatives trading.[8] She later served as a principal trader for hedge funds operated by 6800 Capital LLC.[9][10]

In 1998, she launched the Watermark Fund (domiciled in the Caymans) with Laura Bondurant.[11]

In 2002, she established LBR Asset Management and registered as a Commodity Pool Operator.[12] She launched the Granat Fund, which traded global futures markets with a focus on risk-adjusted returns and drawdown management.[8]  The fund achieved notable recognition, ranking 17th out of approximately 4,500 hedge funds for five-year performance by BarclayHedge in the late 2000s.[13]

From 2009 to December 2014, she was a partner in FuturePath Trading, LLC, a futures technology, a firm providing technology services.[14]

She retired from institutional roles as a CTA and CPO in 2015 and has since maintained a private trading operation for her own account.[15]  [16]

Publications

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In 1996, Raschke co-authored Street Smarts: High Probability Short-Term Trading Strategies with Laurence A. Connors, a widely referenced work on short-term technical setups.[17]

In 2018, she published Trading Sardines: Lessons in the Markets from a Lifelong Trader, a memoir blending personal anecdotes with market insights drawn from her career.[18]

She has spoken at the International Federation of Technical Analysts (IFTA), the Managed Futures Association (MFA), Bloomberg, Reuters, Dow Jones/Telerate, the American Association of Professional Technical Analysts (AAPTA), and the Market Technicians Association (now CMT Association).[1]

Recognition

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Raschke was featured in The New Market Wizards (1992) by Jack D. Schwager.[19] In 2024, she received the Lifetime Achievement Award from the International Federation of Technical Analysts for contributions to technical analysis and trader education.[20]

She has also served in leadership roles, including on the board of the Market Technicians Association[21] and as a two-term president of the American Association of Professional Technical Analysts.[12]

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Personal life

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Raschke is married to Damon Pavlatos and has one daughter.[33] She supports the arts, including as an executive producer for the 2025 romantic comedy film For Worse (starring Amy Landecker) and contributions to Broadway productions such as A Christmas Carol.[9][1]

References

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  1. 1 2 3 "Linda Bradford Raschke – 50 Time Tested Classic Stock Trading Rules". www.tischendorf.com. Retrieved 18 January 2016.
  2. ↑ "Linda Raschke's 12 Technical Trading Rules – New Trader U -". New Trader U. 28 May 2015. Retrieved 18 January 2016.
  3. ↑ "Market Leader : News :: "Panteon-Finance" Presents a New Contest "Miss Investor 2015"". www.profi-forex.us. Retrieved 18 January 2016.
  4. ↑ "LBR's Raschke Says Trading Options Provides More Bang for the Buck". Traders Magazine Online News. Retrieved 18 January 2016.
  5. ↑ "Linda Bradford Raschke - Investor Profile • World Top Investors". World Top Investors. 2018-01-17. Retrieved 2026-04-07.
  6. ↑ Sincere, Michael (2025-11-22). "This stock trader was called a 'market wizard' — now she reveals how her magic works". MarketWatch. Retrieved 2026-03-18.
  7. ↑ "Interview - Classic Swing Trading With Linda Bradford Raschke". traders.com. Retrieved 2026-03-18.
  8. 1 2 "Women Of Market Wizardry: How Linda Raschke Leveled The Prop Trading Playing Field". Yahoo Finance. Archived from the original on 2024-03-14. Retrieved 2026-03-18.
  9. 1 2 "Linda Bradford Raschke's Trading Strategy Explained | Macro Ops". Macro Ops: Unparalleled Investing Research. 2019-04-12. Retrieved 2026-04-07.
  10. ↑ "IFTA 2026 Conference Speakers". www.ifta.org. Retrieved 2026-03-18.
  11. ↑ Staff, Editorial (2014-11-25). "Futures trader Linda Raschke doesn't need fancy algorithms and low-latency trading to take on options". Traders Magazine. Retrieved 2026-04-07.
  12. 1 2 Hasanhodzic, Andrew W. Lo, Jasmina. The Heretics of Finance: Conversations with Leading Practitioners of Technical Analysis. ISBN 978-1-57660-316-1.{{cite book}}: CS1 maint: multiple names: authors list (link)
  13. ↑ Butterfield, Todd (2017-04-28). "Wyckoff's Finest - Linda Bradford Raschke". Wyckoff Stock Market Institute. Retrieved 2026-04-07.
  14. ↑ Lempart, Jack (2018-04-12). "🔊 STS 001 - Linda Bradford Raschke: a market wizard from the Wall Street". System Trader Show. Retrieved 2026-04-07.
  15. ↑ "Broker Prop Firms vs Independent Prop Firms: Complete Guide for Iranian Traders". Mondfx. Retrieved 2026-04-07.
  16. ↑ "Linda Raschke's 12 Technical Trading Rules – New Trader U -". New Trader U. 28 May 2015. Retrieved 18 January 2016.
  17. ↑ Connors, Laurence A.; Raschke, Linda Bradford (1995). Street Smarts: High Probability Short-term Trading Strategies. M. Gordon Publishing Group. ISBN 978-0-9650461-0-7.
  18. ↑ Raschke, Linda (2018). Trading sardines: lessons in the markets from a lifelong trader. Florida: Daughters Press. ISBN 978-1-5323-9562-8.
  19. 1 2 "The New Market Wizards: Conversations with America's Top Traders". Girolamo Aloe. Retrieved 2026-04-07.
  20. ↑ "IFTA 2026 Conference Speakers". www.ifta.org. Retrieved 2026-03-18.
  21. ↑ "Linda Bradford Raschke – CMT Association". Retrieved 2026-04-07.
  22. ↑ Herera, Sue (1997-01-17). Women of the Street: Making It on Wall Street -- The World's Toughest Business. Wiley. ISBN 978-0-471-15331-3.
  23. ↑ Lo, Andrew W.; Hasanhodzic, Jasmina (2010-05-21). The Heretics of Finance: Conversations with Leading Practitioners of Technical Analysis. John Wiley and Sons. ISBN 978-0-470-88536-9.
  24. ↑ Bourquin, Tim (2013). Traders at work: how the world's most successful traders make their living in the markets. Nicholas Mango. Erscheinungsort nicht ermittelbar: Apress. ISBN 978-1-4302-4443-1.
  25. ↑ Bensignor, Rick (2000). New Thinking in Technical Analysis: Trading Models from the Masters. Wiley. ISBN 978-1-57660-049-8.
  26. ↑ Collins, Art (2002). When Supertraders Meet Kryptonite. Traders Press. ISBN 978-0-934380-76-8.
  27. ↑ "The Mental Edge in Trading: Personality & Emotions". studylib.net. Retrieved 2026-04-07.
  28. ↑ Collins, Art (2006). Beating the financial futures market : combining small biases into powerful money making strategies. Internet Archive. Hoboken, N.J. : John Wiley. ISBN 978-0-470-03865-9.
  29. ↑ Steenbarger, Brett N. (2007). Enhancing Trader Performance: Proven Strategies from the Cutting Edge of Trading Psychology. Wiley. ISBN 978-1-119-19671-6.
  30. ↑ Steenbarger, Brett N. (2004-01-16). The Psychology of Trading: Tools and Techniques for Minding the Markets. John Wiley & Sons. ISBN 978-0-471-42023-1.
  31. ↑ Ward, Steve (2014). Tradermind: Get a Mindful Edge in the Markets. Wiley. ISBN 978-1-118-99492-4.
  32. ↑ "Trading Systems and Methods, 6th Edition | Wiley". Wiley.com. Retrieved 2026-04-07.
  33. ↑ Lempart, Jack (2019-03-24). "Linda Bradford Raschke: Trading Sardines, a 21st-century version of Reminiscences of a Stock Operator". System Trader Show. Retrieved 2026-04-07.
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