Book 73

Market Wizards

by Jack D. Schwager

Published 1 January 1900
The world's top trader's reveal the secrets of their phenomenal success! How do the world's most successful traders amass tens, hundreds of millions of dollars a year? Are they masters of an occult knowledge, lucky winners in a random market lottery, natural-born virtuosi Mozarts of the markets? In search of an answer, bestselling author Jack D. Schwager interviewed dozens of top traders across most financial markets. While their responses differed in the details, all of them could be boiled down to the same essential formula: solid methodology + proper mental attitude = trading success. In Market Wizards Schwager lets you hear, in their own words, what those super-traders had to say about their unprecedented successes, and he distils their responses down into a set of guiding principles you can use to become a trading star in your own right.
* Features interviews with superstar money-makers including Bruce Kovner, Richard Dennis, Paul Tudor Jones, Michel Steinhardt, Ed Seykota, Marty Schwartz, Tom Baldwin, and more * Tells the true stories behind sensational trading coups, including the one about the trader who turned $30,000 into $80 million, the hedge fund manager who's averaged 30% returns every year for the past twenty-one years, and the T-bond futures trader who parlayed $25,000 into $2 billion in a single day! "Market Wizards is one of the most fascinating books ever written about Wall Street. A few of the 'Wizards' are my friends and Jack Schwager has nailed their modus operandi on the head." --Martin W. Zweig, Ph.D., Editor, The Zweig Forecast

Book 94

Stock Market Wizards

by Jack D. Schwager

Published 9 January 2001
This decade has witnessed the most dynamic bull market in US stock history, a collapse in commodity prices, and dramatic failures in some of the world's leading hedge funds. How have some traders managed to significantly outperform a stock market that,until recently, moved virtually straight up? This book will feature interviews with those traders who achieved phenomenal success, from an Ohio farmer who has constantly made triple-digit returns, to a Turkish emigre who transformed a $16000 account into $6 million, to spectacularly successful professional hedge-fund managers such as Michael Lancer of the Lancer Group and Michael Masters of Capital Management.
Today, the action is on the stock market. This book will be a must-have for that sector, as well as for the legions of individuals who eagerly bought Market Wizards.

Book 95

The New Market Wizards

by Jack D. Schwager

Published 1 November 1992
In The New Market Wizards, successful traders relate the financial strategies that have rocketed them to success. Asking questions that readers with an interest or involvement in the financial markets would love to pose to the financial superstars, Jack D. Schwager encourages these financial wizards to share their insights. Entertaining, informative, and invaluable, The New Market Wizards is destined to become another Schwager classic.

Focusing on price-forecasting in the commodity futures market, this is the most comprehensive examination of fundamental and technical analysis available. Treats both approaches in depth, with forecasting examined in conjunction with practical trading considerations.

Whether you're an active trader, or simply want a better understanding of how to succeed in today's markets, you'll benefit from the wisdom and insight renowned "Traders' Hall of Fame" award winner. Now, Jack Schwager hands you the strategies of the most sought after traders.

Through his bestselling Market Wizards books, Schwager has probed the minds of the world's most respected investors, studying their personal traits and learning the secret techniques that have turned them into investment role models. Now a professional investor and successful fund manager in his own right, Schwager shares his own secrets, along with those of his prominent "Wizards."

This book will enable you to master the fine art of trading as you discover and apply the key methods and traits shared by the world's most acclaimed traders. Find critical, yet often overlooked factors for understanding:
- How to avoid losing faith during down markets, and confidently pull profits in any market condition
- The dangers of overtrading--how to react when no position is the right position
- The value of "self-analysis" for finding a trading method that fits your personality and goals
- The real risk in volatility
- How to develop the habit of "disloyalty"
- Why you MUST learn how to change directions--and how to do it quickly

Plus, the keys to developing discipline, good money management skills, and avoiding the risks inherent in second-guessing your own system--all learned from the Market Wizards themselves and revealed here for you.


How do some of the world’s most successful traders amass millions of dollars in a year... or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success?

Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves.

This interview CD 10 of 12 contains the discussions with Mark Weinstein and Brian Gelber.


Market Wizards, Disc 8

by Jack D. Schwager

Published 19 June 2006

How do some of the world’s most successful traders amass millions of dollars in a year... or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success?

Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves.

This interview CD 8 of 12 contains the discussion with Marty Schwartz.


Market Wizards, Disc 2

by Jack D. Schwager

Published 19 June 2006

How do some of the world’s most successful traders amass millions of dollars in a year... or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success?

Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves.

This interview CD 2 of 12 contains the conversation with Bruce Kovner.

Today, Bruce Kovner may well be the world’s largest trader in the interbank currency and futures markets. In 1987 alone, he scored profits in excess of $300 million for himself and the fortunate investors in his funds. During the past ten years, Kovner has realized a remarkable 87 percent averaged annual compounded return. Two thousand dollars invested with Kovner in early 1978 would have been worth over $1,000,000 ten years later.


Market Wizards, Disc 1

by Jack D. Schwager

Published 19 June 2006

How do some of the world’s most successful traders amass millions of dollars in a year... or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success?

Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves.

This interview CD 1 of 12 contains the conversation with Michael Marcus.


How do some of the world’s most successful traders amass millions of dollars in a year... or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success?

Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves.

This interview CD 12 of 12 contains the discussion with Dr. Van K. Tharp.

Dr. Van K. Tharp is a research psychologist who received his Ph.D. from the University of Oklahoma, Health Sciences Center, in 1975. He has spent his career studying how stress affects human performance. His strongest interest is in the psychology of winning—especially as winning applies to the markets. In 1982, Dr. Tharp developed his Investment Psychology Inventory, a test that measures winning and losing traits. Thousands of investors and speculators have taken this test, which includes a written evaluation and ten-minute phone consultation. Dr. Tharp has written five books on successful investing, which provide the core of his investment course. His is a contributing editor for Technical Analysis of Stocks and Commodities and has also written numerous articles for other financial publications. Dr. Tharp is a frequent guest on financial television and radio programs, and has spoken at many investment conferences.


Market Wizards, Disc 9

by Jack D. Schwager

Published 19 June 2006

How do some of the world’s most successful traders amass millions of dollars in a year... or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success?

Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves.

This interview CD 9 of 12 contains the discussion with James B. Rogers, Jr.


Market Wizards, Disc 7

by Jack D. Schwager

Published 19 June 2006

How do some of the world’s most successful traders amass millions of dollars in a year... or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success?

Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves.

This interview CD 7 of 12 contains the discussions with William O'Neil and David Ryan.


For Amazon customers: The new version of the book, printed on higher quality paper, is now available to purchase.

The essential futures market reference guide

A Complete Guide to the Futures Market is the comprehensive resource for futures traders and analysts. Spanning everything from technical analysis, trading systems, and fundamental analysis to options, spreads, and practical trading principles, A Complete Guide is required reading for any trader or investor who wants to successfully navigate the futures market.

Clear, concise, and to the point, this fully revised and updated second edition provides a solid foundation in futures market basics, details key analysis and forecasting techniques, explores advanced trading concepts, and illustrates the practical application of these ideas with hundreds of market examples. A Complete Guide to the Futures Market

  • Details different trading and analytical approaches, including chart analysis, technical indicators and trading systems, regression analysis, and fundamental market models.
  • Separates misleading market myths from reality.
  • Gives step-by-step instruction for developing and testing original trading ideas and systems.
  • Illustrates a wide range of option strategies, and explains the trading implications of each.
  • Details a wealth of practical trading guidelines and market insights from a recognized trading authority.

Trading futures without a firm grasp of this market's realities and nuances is a recipe for losing money. A Complete Guide to the Futures Market offers serious traders and investors the tools to keep themselves on the right side of the ledger.


Market Wizards, Disc 6

by Jack D. Schwager

Published 19 June 2006

How do some of the world’s most successful traders amass millions of dollars in a year... or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success?

Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves.

This interview CD 6 of 12 contains a discussion with Michael Steinhardt.


The investment classic, updated with a new preface and afterword

Featuring interviews with seventeen of the most successful market-beaters, Market Wizards is packed with real-life anecdotes from the trading world. From the electrical engineer from MIT whose computerized trading earned returns of 250,00% over sixteen years to the trader who, after wiping out several times, successfully turned a $30,000 investment into an $80 million fortune, Schwager identifies the factors that define a true Market Wizard.


Market Wizards, Disc 5

by Jack D. Schwager

Published 19 June 2006

How do some of the world’s most successful traders amass millions of dollars in a year... or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success?

Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves.

This interview CD 5 of 12 contains a discussion with Ed Seykota.


Market Wizards, Disc 4

by Jack D. Schwager

Published 19 June 2006

How do some of the world’s most successful traders amass millions of dollars in a year... or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success?

Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves.

This interview CD 4 of 12 contains the conversations with Paul Tudor Jones and Gary Bielfeldt.


A complete collection of Jack D. Schwager's bestselling Market Wizards series In his Market Wizards series, author and financial industry expert Jack D. Schwager reveals inside secrets, tips, and insight from the top traders in today's financial markets. Packed with winning advice for individual traders and professionals alike, this five-volume collection compiles Schwager's best in one package at one low price.
The set includes: * The hardcover edition of the original Market Wizards: Interviews with Top Traders featuring guiding trading principles based on firsthand interviews with successful traders in most financial markets * The hardcover edition of The New Market Wizards: Interviews with America's Top Traders featuring even more invaluable insight from even more super-successful traders * The hardcover edition of Stock Market Wizards: Interviews with America's Top Stock Traders featuring enlightening stories from successful stock traders, from self-taught traders to professional hedge fund managers * The hardcover edition of Hedge Fund Market Wizards: How Winning Traders Win featuring a behind-the-scenes look at the world of hedge funds and fifteen traders who have consistently beaten the markets * The Winning Methods of the Market Wizards DVD which reveals the key tactics and shared traits of the world s most acclaimed traders

How do some of the world’s most successful traders amass millions of dollars in a year... or sometimes in just hours? Are they masters of a priceless wizardry or simply the very lucky winners in a random market lottery that allows only a few players to become fantastically wealthy? What are the secrets of their unheard-of success?

Market expert Jack D. Schwager interviews top traders in a variety of markets and determines that an interesting mix of method and mental posture is largely responsible, and presents Market Wizards in a way that allows the listener a glimpse into the minds of these most remarkable traders. Understand what it takes to succeed, and hear it in the words of the Market Wizards themselves.

This interview CD 11 of 12 contains the discussions with Tom Baldwin and Tony Saliba.