Over the last few years, there has been a significant increase in female traders in a predominantly male Forex market with some climbing their way to the top. Statistics show that two in five women traders consider themselves as experienced in the trading market.
In general, most women tend to be better traders, owing to the fact that they tend to have the psychology and the mind of a successful trader. They’re able to respond to the market and decide more optimistically as they incline to not be heavily influenced by their emotions. They are also more consistent with their systems and plans and not easily derailed by losses.
Here’s a look at the top 5 female traders we’ve seen:
1) Raghee Horner
One of the most popular female traders, Raghee Horner is well-known for creating her own indicators which she has called “any market, any time frame” indicators. Her style focuses mostly in following a system and sequence in setting a goal and devising a plan to achieve it. Currently, she is working at Simpler Futures and at simplertrading.com.
2) Kathy Lien
Starting at a very young age of 18, Kathy Lien is known as the co-founder of bkforex.com and currently, the managing director of FX management for BK Asset Management. She is also famous as a writer both online, with Investopedia and her own websites and in print, with bestsellers such as “Millionaire Traders: How Everyday People Are Beating Wall Street at Its Own Game” and “The Little Book of Currency Trading.”
3) Lauren Simmons
Lauren Simmons is most famous for her personal belief, “No to limiting beliefs, and say yes to yourself.” She embodied this by breaking records in the industry as she became, at 23, the youngest female trader at the New York Stock Exchange (NYSE) and the second African American woman on Wall Street in 226 years.
4) Kiana Danial
As CEO and founder of Invest Diva, a financial firm focused on educating women and minorities on finance, Kiana Danial is famous as a successful trader and expert on coaching and financial education. She has also written multiple books including her company’s namesake, “Invest Diva’s Guide to Making Money in Forex.”
5) Linda Bradford Raschke
Linda Bradford Raschke is known as one of the most consistent and best commodities and futures traders, starting her career in 1981. She has also written several books such as “Trading Sardines.” Her consistent performance is related to her approach on trading which focuses on consistency and longevity.
6) Jennifer Fan
Jennifer Fan is known for her work with different partners, from working in Wall Street to founding and managing her own hedge fund, Arbalet Capital, to being a portfolio manager of other companies. Currently, she works as the CEO of another private firm, Family Office. She was also included in the Forbes list of 30 Under 30: Finance in 2012.
You might also be interested in: Top 5 Strategies to Use When Trading in Low Volatility Forex Market