Market Wizards, Updated: Interviews With Top Traders

Lessons between the lines A read through Market Wizards will magically transform the way you think about making money in the market. This is not an academic book presenting theories on trading. Market Wizards allows you to learn from the experience of the pros, showing you the thinking that went into their strategies to make them a success. Most of these traders started with nearly scratch and compounded their winn. "Interesting" according to Jay. 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 is1)learn from your mistakes 2)make rules and stick to them Interesting 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 is1)learn from your mistakes 2)make rules and stick to them 3)update your rules if you find something works better.. )update your rules if you find something works better.. Great but not for the beginner. Jim A great read for investors. I learned some things that will help going forward. It was worth the price for me. However, this will benefit the more experienced investor. This is to advanced for someone just starting to learn about investing in the markets. It is necessary to have made mistakes (as I have) and need insight into specific issues to benefit from the concepts. In addition, its e

Schwager interviewed dozens of top traders across most financial markets. Zweig, Ph.D., Editor, The Zweig Forecast. 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. 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. Fe

Then the government released an extremely bearish employment report. At times, it has also had a very specific influence. A great example occurred last summer. Markets may change and the specific techniques or systems that work best may change, but the underlying core principles that lead to trading success stay the same. The same basic concepts that are critical to trading success remain as valid now as they were a generation ago when computerized trading was in its infancy.What are these basic concepts? Well that's what this book is all about. Through all periods, market price moves reflect some combination of underlying fundamentals and human be