Market Wizards
Market Wizards is an anthology of interviews with the world's finest traders, in which they reveal what sets them apart from the crowd and relate the story behind their most successful trades. There's a T-bond futures trader who turned $25,000 into $2 billion in a single day, and a hedge-fund manager who grew his money at a 30 percent yearly pace for 21 years.
While these stories are enjoyable to read, the book's true value resides in the commonalities that the interviews uncover. These results demonstrate that success in the markets is determined by a sound methodology and the proper mental attitude, not by luck or exceptional personal characteristics.
Interviews with 17 investment heavyweights, including Bruce Kovner, Richard Dennis, and Paul Tudor Jones, are included in the book, which covers markets such as currency, stocks, futures, and bonds. Author Jack D. Schwager provides an update in the 2012 edition, revealing what he has learned in the 22 years since the book was initially published.
Many people enjoy Market Wizards because it provides valuable insight into the mindset required to be a successful trader. The adventures and hardships of some of the trading world's most brilliant brains are what make "Market Wizards" deserving of a place among the top trading books.
Author: Jack D. Schwager
Link to buy: https://www.amazon.com/Market-Wizards-Updated-Interviews-Traders/dp/1118273052