Market Wizards Book Review

Inspirational reading about people who have "done it".

One of the classic trading books. Different from anything else as its a series of interviews with professional traders. Each person will take something unique for this book.

Market Wizards by Jack Schwager is the first of two books of interviews written by him. Each chapter is an interview with a Market Wizard or in layman's terms a superstar of trading. He selects the traders that he interviews based on a good criteria of measured success. He also interviews a good cross section of traders and includes all the major trading areas and where possible the basics of the techniques these traders used to become Market Wizards.
The value in this book for the reader comes from the inspiration that anybody can achieve greatness in this field. You will also learn how very difficult it is to become a star trader and the number of hours and the volume of work that you have to apply before getting a glimpse at success. You will also be introduced to all the major areas of trading and this will allow you to begin to decide what type of trading you want to do. Do you want to be a scalper, day or swing trader and do you want to trade bonds, futures, currencies or commodities.