The New Market Wizards

Product Details

by Jack D. Schwager (Author)

Hardcover: 512 pages

Publisher: Wiley; 1 edition (August 9, 1995)
Language: English
ISBN-10: 0471132365
ISBN-13: 978-0471132363

Editorial Reviews

From Publishers Weekly
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.
Copyright 1992 Reed Business Information, Inc. –This text refers to an out of print or unavailable edition of this title.

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