The New Market Wizards
Conversations with America's Top Traders
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. Schwager encourages these financial wizards to share their insights. Entertaining, informative, and invaluable, The New Market Wizards is destined to become another Schwager classic.
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. All rank assiduous research, self-confidence, a specific plan and the courage to cut losses among essentials to success. Few consider their work gambling, but Schwager entertainingly argues that a successful trader needs many of the qualities of a good poker player. Though the subject matter is esoteric, there is much here to attract the general reader, and Schwager appends a ``primer'' of technical basics.
Great book, pathetic ebook
This is a book all traders should read–probably numerous times for fun if you have time–but the ebook version is a joke. There are terrible typos every few pages, and it's just not formatted to seem like a book. It feels like a long pictureless web page, IMHO. If you don't mind rereading sentences to translate incompetent-editor-English to intelligible-English, it's nice to have on your iPad (I imagine this would be like 4000 pages on an iPhone though).
Apple and lazy-publisher: you get the other 2 stars once this is above first-draft quality.
Buy e-book elsewhere
Great book. The e-book is terrible. Buy it on Kindle or something. It looks like a pirated book as I have never seen more typos in any book ever. Jack should tell Apple to fix it. I would be embarrassed by it as an author.