Synopses & Reviews
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.
Synopsis
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.
About the Author
"...they are the most highly readable investment books you will find...you'll find them riveting and fun..." (Shares, 10 October 2002)
Table of Contents
Partial table of contents:
TRADING PERSPECTIVES.
Misadventures in Trading.
Hussein Makes a Bad Trade.
THE WORLD'S BIGGEST MARKET.
Bill Lipschutz: The Sultan of Currencies.
FUTURES-THE VARIETY-PACK MARKET.
Randy McKay: Veteran Trader.
The Silence of the Turtles.
Al Weiss: The Human Chart Encyclopedia.
FUND MANAGERS AND TIMERS.
Gil Blake: The Master of Consistency.
Victor Sperandeo: Markets Grow Old Too.
MULTIPLE-MARKET PLAYERS.
Tom Basso: Mr.
Serenity.
THE MONEY MACHINES.
CRT: The Trading Machine.
Mark Ritchie: God in the Pits.
Blair Hull: Getting the Edge.
THE PSYCHOLOGY OF TRADING.
Zen and the Art of Trading.
Charles Faulkner: The Mind of an Achiever.
CLOSING BELL.
A Personal Reflection.
Appendix.
Glossary.