Market Wizards: Interviews with Top Traders

Market Wizards: Interviews with Top Traders by Jack D. Schwager is the definitive collection of interviews with some of the most successful traders who have ever lived — and one of the most widely read and influential books in the history of financial markets. First published in 1989 and updated in this edition, it remains essential reading for anyone who wants to understand what genuinely distinguishes the world's great traders from everyone else.

Schwager — himself a trader, researcher, and one of the foremost authorities on the futures and options markets — conducted in-depth interviews with a remarkable group of market legends, including Michael Marcus, who turned a $30,000 investment into $80 million; Bruce Kovner, who built Caxton Associates into one of the world's most successful hedge funds; Richard Dennis, the 'Prince of the Pit' who made $200 million from the markets; and Paul Tudor Jones, whose call of the 1987 crash made him legendary. Each interview reveals the trader's approach, philosophy, psychology, and the specific experiences that shaped their mastery.

What emerges is a portrait of the trading mind at its finest — and a set of principles that cut across all styles and timeframes: the importance of risk management above all else, the centrality of psychology and self-discipline, the need to develop a methodology that fits your own personality, and the absolute necessity of learning from every loss. A modern classic that traders return to again and again throughout their careers.

Product Details

Author: Jack D. Schwager
Format: Paperback
Language: English
Publisher: Wiley
ISBN-13: 9781118273050
Dimensions: Approx. 20 × 13 × 3 cm
Weight: Approx. 0.35 kg
Delivery Time: 3–5 Business Days