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Market Wizards-Interviews with Top Traders

Written by Jack D. Schwager |

How do the world?s top traders amass millions? This classic bestseller takes you into the minds of the greatest traders Wall St. has ever known. In depth interviews with key players expose every facet of their strategies.

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Market Wizards: Interviews With Top Traders

Description

How do some of the world's most successful traders amass millions of dollars in a year-or sometimes in hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of successes?

After interviewing top trades in a variety of markets, market expert Jack D. Schwager concludes that while method undoubtedly accounts largely for trading success, no one approach is used by all, or even most, of the traders interviewed. Some are technicians, monitoring price action. Others are fundamentalists, trying to forecast future price levels based on what they know of a market, an industry, or a company. Some act largely on personal initiative and intuition, while still others rely completely on automated systems.

Even more interesting is Schwager's finding that, as great a role as method plays, it must be accompanied by the "proper" mental posture-a notion that surfaces frequently in the interviews. The secret seems to have more to do with personal attitude than with approach. What mental disciplines, what emotional responses, what intangible personal ingredients make these top traders so mysteriously effective? What enables them to work financial magic while so many others walk away losers?

MARKET WIZARDS allows the reader to delve into the minds of these professional traders. It explains the very elements of their success...different approaches used in different
markets...trading rules that each of them adhere to...personal advice for other traders.

Understand what it takes to become a successful trader. Hear it in the very words of the MARKET WIZARDS.

How do the world’s top traders make millions of dollars in the markets – sometimes in a matter of only weeks or even days? That’s precisely the question Jack Schwager was trying to answer when he interviewed 17 superstar money-makers including Richard Dennis, Paul Tudor Jones, Ed Seykota, Marty Schwartz, Tom Baldwin and others. After reading this best-selling book, you’ll know what ingredients enable these top traders to consistently work their financial magic in the markets while so many others walk away losers. One of the top-selling trading books of all-time!