Download Mobi Market Wizards: Interviews with Top Traders By Jack D. Schwager

Download Mobi Market Wizards: Interviews with Top Traders By Jack D. Schwager

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Market Wizards: Interviews with Top Traders-Jack D. Schwager

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Ebook About
The world's top trader's reveal the secrets of their phenomenal success!  How do the world's most successful traders amass tens, hundreds of millions of dollars a year? Are they masters of an occult knowledge, lucky winners in a random market lottery, natural-born virtuosi—Mozarts of the markets? In search of an answer, bestselling author Jack D. Schwager interviewed dozens of top traders across most financial markets. While their responses differed in the details, all of them could be boiled down to the same essential formula: solid methodology + proper mental attitude = trading success. In Market Wizards Schwager lets you hear, in their own words, what those super-traders had to say about their unprecedented successes, and he distils their responses down into a set of guiding principles you can use to become a trading star in your own right.  Features interviews with superstar money-makers including Bruce Kovner, Richard Dennis, Paul Tudor Jones, Michel Steinhardt, Ed Seykota, Marty Schwartz, Tom Baldwin, and more Tells the true stories behind sensational trading coups, including the one about the trader who turned $30,000 into $80 million, the hedge fund manager who's averaged 30% returns every year for the past twenty-one years, and the T-bond futures trader who parlayed $25,000 into $2 billion in a single day! "Market Wizards is one of the most fascinating books ever written about Wall Street. A few of the 'Wizards' are my friends—and Jack Schwager has nailed their modus operandi on the head." --Martin W. Zweig, Ph.D., Editor, The Zweig Forecast

Book Market Wizards: Interviews with Top Traders Review :



I was kind of disappointed with this book. I've read about 80% of the book before I decided that I am just not getting much value from it. It's definitely not what I thought it was. Like many have mentioned, it was written a long time ago, so the stories are very dated although still somewhat interesting. Many of the traders are futures and commodities traders. Many of them use fundamental analysis in their trading decisions. Some are not even traders at all and are actually investors. There's a big difference between traders and investors.The advice give by most of the traders is pretty general and I was not able to find any real gold nuggets. It's more of a historical piece of trading history than something that will actually help you in your own trading strategy. Overall, I think the book is an interesting read if you are curious about different trading and investing styles and/or would like to be more familiar with some of the trading legends out there, but don't read it expecting to walk away with some new trading knowledge that you can apply to your own discipline. That to me makes it an overrated book in my opinion. I purchased the book based on the rave reviews of those in the trading community, but found it to be dated and subpar at best.
It's interesting to read for experienced traders. After you have made many mistakes trading some of what they say may help you realize they made the same mistakes. The only really take away after reading this is...1)learn from your mistakes 2)make rules and stick to them 3)update your rules if you find something works better.

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