The New Market Wizards: Conversations with America's Top Traders (A Marketplace Book)
The New Market Wizards: Conversations with America's Top Traders (A Marketplace Book) book cover

The New Market Wizards: Conversations with America's Top Traders (A Marketplace Book)

1st Edition

Price
$9.54
Format
Hardcover
Pages
512
Publisher
Wiley
Publication Date
ISBN-13
978-0471132363
Dimensions
6.42 x 1.59 x 9.69 inches
Weight
1.94 pounds

Description

"...they are the most highly readable investment books you will find...you'll find them riveting and fun..." (Shares, 10 October 2002) Praise for THE NEW MARKET WIZARDS "Jack Schwager simply writes the best books about trading I've ever read. These interviews always give me a lot to think about. If you like learning about traders and trading, you'll find that reading this book is time well spent." -Richard Dennis, President, The Dennis Trading Group, Inc. "Jack Schwager's deep knowledge of the markets and his extensive network of personal contacts throughout the industry have set him apart as the definitive market chronicler of our age." -Ed Seykota "Very interesting indeed!" -John Train, author of The Money Masters "Successful trading demands longtime experience because it requires firsthand knowledge. If there is a shortcut to this requirement, however, it is in reading about the experiences of others. Jack Schwager's book provides that shortcut. If you find yourself sweating upon occasion as you read, then you're as close to the trading experience as you can get without actually doing it yourself." -Robert R. Prechter, Jr., editor, The Elliott Wave Theorist THE NEW MARKET WIZARDS Some traders distinguish themselves from the herd. These supertraders make millions of dollars-sometimes in hours-and consistently outperform their peers. As he did in his acclaimed national bestseller, Market Wizards, Jack Schwager interviews a host of these supertraders, spectacular winners whose success occurs across a spectrum of financial markets. These traders use different methods, but they all share an edge. How do they do it? What separates them from the others? What can they teach the average trader or investor? In The New Market Wizards, these wildly successful traders relate the financial strategies that have rocketed them to success, as well as the embarrassing losses that have proven them all too human. Meet the Wizards of Wall Street: * Stan Druckenmiller, who, as manager of the Soros Quantum Fund, realized an average annual return of more than 38 percent on assets ranging between $2.0 and $3.5 billion * William Eckhardt, a mathematician who, in collaboration with trader Richard Dennis, selected and trained the now-legendary circle known as the Turtles * Bill Lipschutz, a former architect who, for eight years, was Salomon Brothers' largest and most successful currency trader * Blair Hull, a one-time blackjack player who began an options trading company with Asking the questions that readers with an interest in the financial markets would love to pose to the financial superstars, and filled with candid appraisals, The New Market Wizards takes its place as a classic. JACK D. SCHWAGER is the Director of Futures Research and Trading Strategy at Prudential Securities, Inc., and CEO of Wizard Trading. His previous books include the acclaimed Market Wizards and A Complete Guide to the Futures Markets. his Schwager on Futures series includes Fundamental Analysis and Technical Analysis. Read more

Features & Highlights

  • Praise for THE NEW MARKET WIZARDS "Jack Schwager simply writes the best books about trading I've ever read. These interviews always give me a lot to think about. If you like learning about traders and trading, you'll find that reading this book is time well spent." -Richard Dennis, President, The Dennis Trading Group, Inc. "Jack Schwager's deep knowledge of the markets and his extensive network of personal contacts throughout the industry have set him apart as the definitive market chronicler of our age." -Ed Seykota "Very interesting indeed!" -John Train, author of The Money Masters "Successful trading demands longtime experience because it requires firsthand knowledge. If there is a shortcut to this requirement, however, it is in reading about the experiences of others. Jack Schwager's book provides that shortcut. If you find yourself sweating upon occasion as you read, then you're as close to the trading experience as you can get without actually doing it yourself." -Robert R. Prechter, Jr., editor, The Elliott Wave Theorist THE NEW MARKET WIZARDS Some traders distinguish themselves from the herd. These supertraders make millions of dollars-sometimes in hours-and consistently outperform their peers. As he did in his acclaimed national bestseller, Market Wizards, Jack Schwager interviews a host of these supertraders, spectacular winners whose success occurs across a spectrum of financial markets. These traders use different methods, but they all share an edge. How do they do it? What separates them from the others? What can they teach the average trader or investor? In The New Market Wizards, these wildly successful traders relate the financial strategies that have rocketed them to success, as well as the embarrassing losses that have proven them all too human. Meet the Wizards of Wall Street: * Stan Druckenmiller, who, as manager of the Soros Quantum Fund, realized an average annual return of more than 38 percent on assets ranging between $2.0 and $3.5 billion * William Eckhardt, a mathematician who, in collaboration with trader Richard Dennis, selected and trained the now-legendary circle known as the Turtles * Bill Lipschutz, a former architect who, for eight years, was Salomon Brothers' largest and most successful currency trader * Blair Hull, a one-time blackjack player who began an options trading company with Asking the questions that readers with an interest in the financial markets would love to pose to the financial superstars, and filled with candid appraisals, The New Market Wizards takes its place as a classic.

Customer Reviews

Rating Breakdown

★★★★★
60%
(625)
★★★★
25%
(260)
★★★
15%
(156)
★★
7%
(73)
-7%
(-73)

Most Helpful Reviews

✓ Verified Purchase

Insightful, easy reading with valuable lessons

A great read for those daring souls considering the life of a trader. The traders interviewed all provide valuable lessons that could have saved me thousands of dollars (or more) if I had only read this book sooner. It also puts things in perspective when you read how much timeand effort these guys put into their work to become the best. Very enlightening, although I found the book to get a bit dry in the middle.
5 people found this helpful
✓ Verified Purchase

The Absolute Best!

These books (I am including its predecessor book The Market Wizards) are two of the best books on trading ever. No other book does so much to put the reader into the mind of a trader. To me, the most amazing thing about the traders interviewed was the multiplicity of techniques; one ignores technicals, another lives and dies solely on technical analysis; some trade on the floor, others from the comfort of their home. If you want to become a great trader, red and re-read and re-read these two books!
4 people found this helpful
✓ Verified Purchase

Really liked this book.

If you are a trader or investor, regardless of how long (or particularly how little) you've been at it, this should be required reading for everyone. Very entertaining reading that has some many practical lessons throughout; lessons that Mr. Schwager is kind enough to summarize at the end of the text. Take notes and apply what you learn and it should improve your trading.
3 people found this helpful