The New Market Wizards: Conversations with America's Top Traders

Entertaining, informative, and invaluable, The New Market Wizards is destined to become another Schwager classic.. Schwager encourages these financial wizards to share their insights. In The New Market Wizards, successful traders relate the financial strategies that have rocketed them to success. Asking questions that readers with an interest or involvement in the financial markets would love to pose to the financial superstars, Jack D

Alan Lattanner said The Best Way to Learn Anything - From the Experts. The Preface to this book is worth the price alone. It begins "Here's what I believe:" then proceeds to list eight fundamental truths about markets and trading that the author has distilled from interviews with dozens of top traders whose styles vary radically from one another. Schwager concludes that "the key elements that determine success in trading are totally applicable to virtually any field or to . Great viewpoints by completely different traders I have all of Schwager's books and enjoy each one. He has a knack for isolating salient facts about trading from multiple angles. The most consistent message is that we're hardwired to do what feels comfortable and that leads to losses. The best approach is to make a game of it, not worry (if possible) and find a method of trading that fits our personalities.For comparative purposes, I much prefer Schwa. The book provides a fine collection of philosophy Amazon Customer The book provides a fine collection of philosophy, habits and insight to trader psychology from a diverse group of very successful traders. Many common themes are presented which reinforce the ideas that successful traders must pay their dues by studying the markets they intend to trade, develop emotionless trading rules and adopt the discipline to avoid breaking those rules.

From Publishers Weekly In these absorbing interviews with star performers in the financial markets, Schwager ( Market Wizards ) humanizes the mechanics and psychology behind billion-dollar daily world trading in such sophisticated instruments as currencies, stock options, commodity futures, and mutual-fund accounts by individuals, investment firms and group-trading computerized "money machines." One trader focuses on market response to news events, another calculates mathematical probabilities--one even cocks an ear to the noise level on the exchange floor. T