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Market Wizards

Market Wizards

A Classic publication by the HarperBusiness in 1993 covered in 480 pages, delving in to the brains of worlds most successful traders. The book got sales of more than 200,000 copies in paperback and hardcover.

“Market Wizards” the first of the series of Wizard books by Jack Schwager, shows an insight of the top traders in the financial market by simply having a great interview with details about their experiences, techniques & backgrounds. It was the period just after the market crash of October 1987, and people’s mind were eager to know about the mistakes they themselves made & other successful persons during that crash didn’t. Jack Schwager provide this platform for people to know and understand by having interviews with Market Wizards. The book contains 5 sections. Each section is having interviews with Market Wizards. The largest & first section dedicated to “Futures and Currencies” as Jack Schwager himself was a commodities analyst. He provides an explanation about the futures and currency markets followed by interviews of 7 commodities traders. Second section “Mostly Stocks” focuses interviews with 4 traders of index or stock futures. Section 3 “A Little Bit of Everything” includes views shared in interview by Marke Weinstein and Quantum Fund co-founder James B. Rogers, Jr. Section 4 “The View from the Floor” focuses on interviews with 3 traders who trade in the pits. Fifth & final section “The Psychology of Trading”, featuring an interview with Dr. Van K. Tharp a psychologist.

Jack Schwager was aimed to write out the secret to success of the Market Wizards. Finally what he found was that there’s no secret to make a lot of money from market. Its only that each trader is having his own unique style of trading. Jack Schwager during his writing experience of “Market Wizards” found that each trader trades which suits his/her own personality. And in fact this is was the final secret to get your fortune rolling on success path of markets. It’s that one method of your own findings strictly followed with lots of self discipline is the way to your success. Jack Schwager has summarized following points after his experiences with Market Wizards.

• Human Psychology does affect the markets and markets are built on that & that’s why no markets are random.
• There’s no real secret key to success but there are methods which can lead to superior profits.
• Just like paths to success, there are lots of ways to make money from markets.
• There are changes always in markets but still they are same.
• Success solely depends on an individual.

Trading success is one of the main aim of a trader and reading “Market Wizards” is a true aspiration to the real trader. Market Wizards is being recognized as one of the all time classics. So just take Jack Schwager advice and don’t follow or copy individual trader’s method but study the process they went through on their path to success. “Market Wizards” by Jack Schwager is the place where you will find answers to all of your trading dilemmas.

Now you can have Jack Schwagers FREE 85 minute video entitled “Market Wizards Insights”

For your FREE copy go to   http://www.NewMarketWizards.net

About the Author

I am a financial consultant. An expert in writing financial material.
Contact me on sachindshah@yahoo.com for such quality articles.

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