- Daughter of actor and director Gustav Trautschold.
- She was engaged regularly for support roles in the 30s. Beside it she remained active at the theater and took part in many plays.
- She got offered her first film role in 1929 for "Mutter Krausens Fahrt ins Glück" (1929).
- She got acting lessons at the Volksbühne Berlin when she was a teenager and she made her stage debut in 1921 at the age of 15.
- The actress Ilse Trautschold came in touch with acting at an early age because her father Gustav Trautschold was an actor and director at the theater.
- After engagements on different German stages she concentrated to the cabaret from 1926, among others she was part of "Die Wespen" to which also Kurt Gerron and her later life partner Friedrich Gnass belonged and "Die Pille".
- There were no more movies with Ilse Trautschold during World War II, only after the war she appeared again in front of the camera, first for DEFA productions, later also for movies in the Federal Republic of Germany. She also continued her career as a cabaret artist with "Die Insulaner" and acted at different theaters.
- For her contribution to the German film she was decorated with the Filmband in Gold in 1987.
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