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Linda Raschke on Having an Edge in Trading and the Importance of Data

Crowded Market Report 29,082 1 year ago
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➡️ WEEKLY REPORTS, DISCORD, AND MORE: https://join.crowdedmarketreport.com/ ➡️ SUBSCRIBE TO OUR FREE SUBSTACK: https://crowdedmarketreport.substack.com/ Linda Brandford Raschke shares a wealth of valuable information on trading the markets, finding your edge, statistical modeling and so much more. During her long trading career, Linda Raschke stands out from the crowd for three factors: Performance, Longevity and Consistency. Linda began her professional trading career in 1981 making markets in options as a member of two exchanges. She became a registered CTA (Commodity Trading Advisor) in 1992. Since then, she has been the principal trader for several hedge funds and started her own hedge fund in 2002, for which she was the CPO (Commodity Pool Operator). Linda’s hedge fund was ranked 17th out of 4500 for best 5-year performance by Barclay sHedge, and her early successes were recognized by Jack Schwager in his renowned Market Wizards series. Linda retired as a CPO and CTA in 2015. However, she continues to trade daily for her own account….the same managed money program she has traded since 1992. Linda released “Trading Sardines” in January 2019 by Daughters Press and is available on Linda’s website https://lindaraschke.net/. Also follow Linda on Twitter/X: https://twitter.com/LindaRaschke 00:00 Introduction 03:36 Insights On Trading And Money Management 04:50 What To Look For In A Trading Edge 07:40 Psychological Aspects And Discipline In Trading 10:37 Learning And Back testing In Trading 13:18 Insights From "Street Smarts" 16:26 Discussing Market Aberrations And Opportunities 19:35 Linda Reflects On Her Trading Career 22:44 Developing Personal Trading Strategies 27:36 The Importance Of Accountability In Trading 31:01 Psychological Challenges In Trading 34:13 Discussing Market Trends And Cash Flows 38:48 Recognizing Market Opportunities 42:01 The Darwinian Nature Of Trading 45:23 Current State Of The Stock Market 49:17 Election Years And Market Behavior 53:01 The Philosophy Of Giving And Personal Growth 56:30 Linda's Book Publishing Experience 59:32 Closing Remarks ✅ CONNECT WITH ME X/Twitter: https://twitter.com/Crowded_Mkt_Rpt Instagram: https://www.instagram.com/crowdedmarketreport/ Threads: https://www.threads.net/@crowdedmarketreport TikTok: https://www.tiktok.com/@crowdedmarketreport/ Substack https://crowdedmarketreport.substack.com/ FOR DEEPER INSIGHTS AND DIRECT INTERACTION WITH JASON, YOU CAN JOIN THE CMR COMMUNITY ➡️ https://www.crowdedmarketreport.com/welcome-to-cmr/ Members will receive a weekly report covering Equities, Fixed Income, Energy, Metals, and more. Weekly dynamic COT charts not found anywhere else covering almost all published CFTC markets. Our proprietary Weekly COT index. Access to participate in our private Discord chat, which has daily discussions with Jason Shapiro, other professional traders, and the rest of the CMR community. ❗ DISCLAIMER CMR PUBLISHING LLC, a Delaware Limited Liability Company, is a content provider and publisher and is not a registered broker-dealer. By watching this video and any content on this YouTube channel, you understand and agree that the material provided in CMR PUBLISHING LLC dba Crowded Market Report products and services is for informational and educational purposes only and that no mention of a particular security in any CMR PUBLISHING LLC dba Crowded Market Report product or service constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Commodity Futures Trading Commission. Futures and Options trading has Large potential rewards, but also a Large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stock/Futures/options markets. Do not trade money you cannot afford to lose. This is neither a solicitation nor an offer to buy or sell stocks, Futures, options, or securities of any sort. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed via this website, and media referenced. The past performance of any trading system or methodology is not necessarily indicative of future results. 🏷️ TAGS #JasonShapiro #peterbrandt #marketwizards #shapirointerview #CMRinterviews #crowdedmarketreport #cot #tradingstrategy #tradingpsychology #tradingwisdom

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