"The tape doesn't lie. It tells you the coordination state of the market — who is absorbing, who is running, where the energy is building. Price is just a number. The tape is the relationship between price, time, and the humans behind every tick. That relationship is where the edge lives."
One of the most successful professional traders of her generation, Raschke learned tape reading on the Pacific Coast Stock Exchange floor before transitioning to screen-based trading. Her LBRGroup has traded markets continuously for over forty years. She teaches that market intelligence is not about predicting price — it is about reading the coordination dynamics between buyers, sellers, and liquidity.