by Jack D. Schwager
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Product Description 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.
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Average Customer Review:
0 of 0 people found the following review helpful:
Excellent read, 2008-08-12 Worth the time to learn how expert traders analyze the market. One of many in my collection.
0 of 5 people found the following review helpful:
Great book for the everyday billionaire, 2008-06-12 this book has inspired me to make billions of dollars. Since reading this masterpiece i have accumulated over $27 billion in currency and day trading market. AHH DAAAAAT !!!!!!
0 of 0 people found the following review helpful:
Schwager is good, 2008-06-10 Schwager's interviews are good. Where can you have chance to see how these top guns trade? obviously, some of them were more reserved and didn't give up much useful information. but remember these people don't have to share anything. i am glad Schwager took the pain to finish this project!
11 of 11 people found the following review helpful:
Excellent Book - great for newbies, 2008-02-14 I read the books backwards - New Market Wizards first and then Market Wizards. I liked them both. To me it was like trading food. Here is a group of rather normal people who have mastered the art of making money. The books fed my appetite for trading knowledge and developed my willpower to trade.
These are a great read - I will, no doubt, probably read these often just to get the mental boost that they offer. Highly recommended!
3 of 7 people found the following review helpful:
Not as good as the first book, 2008-01-24 I'm a huge fan of the first book in the "Market Wizards" series which I have now read several times over. With this book however, I have to say I was a bit disappointed because I expected it to be just as good as the first. Some of the traders seemed to be a bit withheld and they didn't share as much insight as did those in the first book. I was especially disappointed that the "turtles" interviewed were not very open. It's understandable for traders to be tight-lipped about their strategies, but it makes for a less interesting book. That being said, there are some great traders interviewed here and I would definitely recommend this book to anyone who liked "Market Wizards".

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