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

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

List Price: $17.00
Your Price: $11.56
Product Info Reviews

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Rating: 4 stars
Summary: Good book if you like to read interviews...
Review: What is this book?

Jack D. Schwager interviewed some of the best traders in 1992 and compiled edited transcripts in this compelling book.

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Who is interviewed?

From the currency market: Bill Lipschutz .

In Futures: Randy McKay, William Eckhardt, The Turtles, Monroe Trout and Al Weiss.

Various market times and fund managers: Stanley Druckenmiller, Richard Driehaus, Gil Blake and Victor Sperandeo.

Traders who play several markets: Tom Basso and Linda Bradford Raschke

"The Money Machines" such as: CRT (Chicago Research and Trading), Mark Ritchie, Joe Ritchie, Blair Hull and Jeff Yass.

Psyschology: Zen and the art of trading (person didn't want his name mentioned), Charles Faulkner, Robert Krausz.

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I didn't recognize many of those names, probably because of these reasons:

* The book was written in 1992.
* I'm not into really into trading.

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Nevertheless I think the book is a great learning experience. You won't learn how to trade from this book but it gives you insight into the trader's psyche. I like learning about people who have been successful, (think Leader's & Success page, of IBD) since I feel it motivates me to learn more and work harder towards reaching my goals.

My favorite chapter in this book is entitled "Closing Bell" and it is a recap of all lots of trading advice mentioned over and over by these trading experts. I feel reviewing this chapter over and over is worth the price of the book.

Reed Floren


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