This Trader Lost EVERYTHING in 1 Day. Here’s What Happened Next

This trader lost everything in 1 day. Here’s what happened next. In the early 1980s, trader and “market wizard” Linda Raschke made a very risky trade (a short straddle options trade) which had unlimited risk. The next day she found that the trade went against her, leaving her in a significant loss of minus $86,000 ($240,000 in today’s money). As a result, Linda became massively in debt to her clearing firm. This is the story of what happened next. How did Linda handle such a loss and how did she manage to recover from it? We explain all in this video. #LindaRaschke #TraderPsychology #AlessioRastani

For Linda Raschke’s book “Trading Sardines”:

Trading Sardines

For Linda Raschke’s Youtube:

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