The growth in online trading platforms is opening the doors to gender equality and slowly eroding the traditional male trader stereotype. Although there's still a big gender gap in the industry, more women are trading and proving that they have what it takes to succeed in the markets.

Here are the top 6 female traders who are making a name for themselves in the industry and paving the way for other female traders.

 

1. Kathy Lien

fxsoriginal

Described as a "fundamental guru" Kathy's Wall Street career began when she was just 18. She launched DailyFX.com when she was 23 and has become a leading voice in the forex trading world with her in-depth knowledge of the global currencies.

Kathy is a respected forex trading author who writes for various high-profile sites and has published numerous books.

fxsoriginal

She's currently a Founding Partner and current Managing Director of FX Strategy at BKForex and she's often quoted in top media platforms including Bloomberg and Wall Street.

 

2. Linda Bradford Raschke

fxsoriginal

Linda is a world-renowned commodities and futures trader and a veteran in Wolfe Wave technical research who began her professional trading career in 1981.

Her name is preeminent in the industry and she has granted her initials to LBR Group Inc., a registered Commodity Trade Advisor and LBR Asset Management, a Commodity Pool Operator where she currently serves as president.

Renowned for her ability to recognise and act on trading patterns, Linda has lectured on behalf of prestigious associations like Bloomberg and she's coached aspiring professional traders in over 20 countries.

One of Linda's trading rules is to have a strategy that allows you to react to market movements as they occur because you can't foretell future movements. In Linda's words "In the world of money, which is a world shaped by human behaviour, nobody has the foggiest notion of what will happen in the future. Mark that word – Nobody!"

 

3. Jennifer Fan

fxsoriginal

At just 19, Jennifer graduated from business school with degrees in statistics, finance, and operation research. She has worked at Morgan Stanley and at Arrowhawk Capital Management where she was partner and portfolio manager.

Jennifer is a hedge fund manager and chief investment officer of a $650 million hedge fund that specialises in energy and agriculture commodities. She recently left New York- based Millennium, where she traded commodities, to set up a family office.

 

4. Raghee Horner

fxsoriginal

The creator of the famous 34 EMA wave method, Raghee may be a long way from charting her mutual fund progress on engineering paper, but her love for trading is still very strong. She has dedicated three decades to understanding the markets and helping other traders to gain an edge in the market.

Raghee is the Managing Director of Futures Trading and a valued contributor at John Carter's Simpler Trading. She's an expert in trading spot currencies, future, options and equities.

One of Raghee's trading tips is to be open-minded and formulate a strategy that works for you. In her words "There is no ‘one way' in trading."

 

5. Lucy Baldwin

Global

Lucy Baldwin is a formidable trader who's managed to land on the highly-coveted the Forbes "30 Under 30 in Finance" list for two consecutive years.

Besides the prestigious accolade, she has assumed the sought-after title of Managing Director at both Goldman Sachs and Bank of America Merrill Lynch where she was in charge of trading European equities. She's currently at Credit Suisse where she has taken up a leading position in equity trading.

A trading tip from Lucy is to possess some emotional intelligence and a strong IQ. These two elements enhance a trader's discipline – a vital quality for trading success.

 

6. Lauren Simmons

lasimmons

In 2017, at age 23, Lauren became the youngest and only current full-time female equity trader at the NYSE. She's become affectionately known as the "Lone Woman on Wall Street."

Lauren majored in genetics at Kennesaw State University but moved to New York City where she met the CEO of Rosenblatt Securities and started her trading journey.

Lauren has shared her success story in several countries and she's been featured on several top news networks like CNN and CNBC. She's currently working on her first publication that's centred on women and millennials in finance.

Lauren's trading tip is to be financially savvy. Success in the markets requires making educated moves rather than leaving things to chance.

These women have shown that good trading is not strictly reserved for men and they are ushering in a new breed of female traders who will undoubtedly disrupt and reshape the trading industry.

This material on this website is intended for illustrative purposes and general information only. It does not constitute financial advice nor does it take into account your investment objectives, financial situation or particular needs. Commission, interest, platform fees, dividends, variation margin and other fees and charges may apply to financial products or services available from FP Markets. The information in this website has been prepared without taking into account your personal objectives, financial situation or needs. You should consider the information in light of your objectives, financial situation and needs before making any decision about whether to acquire or dispose of any financial product. Contracts for Difference (CFDs) are derivatives and can be risky; losses can exceed your initial payment and you must be able to meet all margin calls as soon as they are made. When trading CFDs you do not own or have any rights to the CFDs underlying assets.

FP Markets recommends that you seek independent advice from an appropriately qualified person before deciding to invest in or dispose of a derivative. A Product Disclosure Statement for each of the financial products is available from FP Markets can be obtained either from this website or on request from our offices and should be considered before entering into transactions with us. First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFS Licence No. 286354).

Education feed

Editors’ Picks

EUR/USD remains depressed below 1.1850 after the Fed's taper talk

EUR/USD is trading under 1.1850, hit by hawkish comments by the Fed's Clarida and Daly. The bank is nearing tapering its bond-buying scheme, a move that could happen this year. US jobless claims and a speech from the Fed's Waller are eyed.

EUR/USD News

GBP/USD flirts with 1.3900 ahead of the BOE's Super Thursday

GBP/USD is licking its wounds around 1.3900 ahead of the BOE’s Super Thursday rate decision in which it also releases new forecasts. Declining covid cases are supporting sterling while hawkish comments from the Fed's Clarida are boosting the dollar.

GBP/USD News

USD/JPY keeps bounce off 10-week low near 109.50 amid firmer US Treasury yields

USD/JPY refreshes intraday high to 109.60, up 0.09% on a day, as Tokyo opens for Thursday’s trading. The yen pair portrayed the strongest rebound since May the previous day after the US dollar benefited from the risk-off mood and monetary policy tightening concerns.

USD/JPY News

Editors’ Picks

EUR/USD remains depressed below 1.1850 after the Fed's taper talk

EUR/USD is trading under 1.1850, hit by hawkish comments by the Fed's Clarida and Daly. The bank is nearing tapering its bond-buying scheme, a move that could happen this year. US jobless claims and a speech from the Fed's Waller are eyed.

EUR/USD News

GBP/USD flirts with 1.3900 ahead of the BOE's Super Thursday

GBP/USD is licking its wounds around 1.3900 ahead of the BOE’s Super Thursday rate decision in which it also releases new forecasts. Declining covid cases are supporting sterling while hawkish comments from the Fed's Clarida are boosting the dollar.

GBP/USD News

Gold swings in a familiar range of $1,810 and $1,830

Gold pares all the previous day’s gain and falls back to the familiar trading range. After testing the high of $1,835 in the overnight session, gold prices edge lower on Thursday. The US Treasury yields bounce off their lows following Fed’s official’s hawkish comments.

Gold News

75% of Ethereum nodes prepared for London hard fork as ETH price surges above $2,700

Around 75% of Etheruem nodes are prepared for the London hard fork. The highly anticipated upgrade is expected to occur on block 12,965,000 scheduled for August 5, following a slight delay. Ethereum price managed to slice above $2,700 for the first time since early June. 

Read more

Bank of England Preview: Five reasons the doves are set to win Super Thursday

An epic battle between hawks and doves on Super Thursday? That is a dramatic way to view the Bank of England's upcoming rate decision – yet there are good reasons to expect doves to carry the day. That would send sterling down. 

Read more

RECOMMENDED LESSONS

7 Ways to Avoid Forex Scams

The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?

What Are the 10 Fatal Mistakes Traders Make

Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.

Strategy

Money Management

Psychology