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The new market wizards: conversations with America's top traders Schwager, Jack D.

By: Material type: TextTextPublication details: New York Harper Collins Publishers 1992Description: xvi, 493 pISBN:
  • 9780887306679
Subject(s): DDC classification:
  • 332.640973
Summary: "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. In The New Market Wizards, these wildly successful traders relate the financial strategies that have rocketed them to success, as well as the embarrassing losses that have proven them all too human."
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"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. In The New Market Wizards, these wildly successful traders relate the financial strategies that have rocketed them to success, as well as the embarrassing losses that have proven them all too human."

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