Toby Crabel: Biography, Career, and Business Insights

Toby Crabel’s Profile Summary

Company	Crabel Capital Management
Position	Founder and Chairman of Crabel Capital Management, which he founded in 1987
Source of wealth	Management and performance fees from Crabel Capital Management, earnings from commodities trading, royalties from his book Day Trading with Short-Term Price Patterns
Also known as	Author of a widely respected trading book, former professional tennis player, art collector
Age	70
Education	Florida Technological University - Majored in Finance, did not complete a degree
Citizenship	United States
Residence	Los Angeles, California, USA
Family	His wife is Lorena Sarbu, no publicly available details on children
Website, Social Media	https://crabel.com/

Toby Crabel’s biography

Toby Crabel is a renowned commodities trader and a pioneer in the field of short-term trading strategies. Born in 1955, he initially pursued a career in professional tennis before transitioning into finance. While attending Florida Technological University, he started trading the markets in 1975. Crabel gained prominence working for Victor Niederhoffer at Niederhoffer Investments in the early 1990s, where he continued developing his expertise in short-term price patterns. In 1987, he founded Crabel Capital Management, which has become one of the leading firms in quantitative finance, managing billions in assets. Crabel is also the author of the highly influential book, Day Trading with Short-Term Price Patterns and Opening Range Breakouts (1990). His firm, known for its systematic trading programs, has consistently delivered strong performance, avoiding a single losing year from 1991 to 2002. Crabel's success is attributed to his innovative approach to quantitative finance, blending behavioral analysis with cutting-edge trading technologies

How did Toby Crabel make money?

Toby Crabel makes money in the following areas:

Management and performance fees from Crabel Capital Management, earnings from commodities trading, royalties from his book Day Trading with Short-Term Price Patterns
What is Toby Crabel net worth?

As of 2025, there is no publicly available and reliable information regarding Toby Crabel’s net worth.

What is Toby Crabel also known as?

Toby Crabel is not only a celebrated trader but also a published author. His book Day Trading with Short-Term Price Patterns and Opening Range Breakouts is regarded as a foundational text in the trading world, providing essential strategies still used today. Before his trading career, Crabel played professional tennis and even competed at the French Open. Beyond trading, Crabel is known for his passion for art, particularly in collecting works aligned with Romantic Realism, showcasing his interests beyond the financial markets

Prominent achievements of Toby Crabel

Toby Crabel was recognized by the Financial Times as "the most well-known trader on the counter-trend side" in 2005. His firm, Crabel Capital Management, has managed billions of dollars and consistently delivered positive returns without a losing year between 1991 and 2002. He authored the influential book Day Trading with Short-Term Price Patterns and Opening Range Breakouts in 1990

What are Toby Crabel’s key insights?

Toby Crabel emphasizes disciplined, systematic trading with a focus on short-term price patterns. He advocates for a quantitative approach that minimizes discretion in trading to reduce risk. His philosophy centers on finding repeatable market patterns, and his firm relies heavily on advanced research and technology to execute these strategies

Toby Crabel’s personal life

Toby Crabel is married to Lorena Sarbu, a fashion designer. No further information about children or other family members is publicly available

Useful insights

Advanced strategies for stock and Forex traders

As you progress in your trading journey, it is important to explore more advanced strategies. These books dive deeper into technical analysis and trading psychology, helping traders improve their edge.

John Bollinger – "Bollinger on Bollinger Bands"
- Summary:
  
  Bollinger, the creator of Bollinger Bands, provides an in-depth explanation of how to use this technical indicator to measure market volatility and identify trading opportunities. The book includes detailed examples of how Bollinger Bands can be applied in various market conditions.
- Why read it:
  
  Understanding how to use technical indicators like Bollinger Bands is crucial for identifying market trends and making informed decisions. This book is essential for traders looking to master volatility-based strategies.
Al Brooks – "Trading Price Action Trends"
- Summary:
  
  Brooks focuses on price action trading, a strategy that relies on interpreting raw price movements without the use of lagging indicators. His book teaches how to read price charts, identify trends, and use support and resistance levels effectively.
- Why read it:
  
  As one of the purest forms of technical analysis, price action trading can significantly enhance a trader's ability to react to market movements. Traders seeking a deeper understanding of market behavior will find Brooks' insights invaluable.