Schwager Market Wizards

Interviews with Top Traders
1. Auflage 2012
ISBN: 978-1-118-61602-4
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 480 Seiten, E-Book

Reihe: Wiley Trading Series

THE INVESTMENT CLASSIC
"I've read Market Wizards at several stages of my careeras it shows the staying power of good down-to-earth wisdoms of truepractitioners with skin in the game. This is the central documentshowing the heuristics that real-life traders use to manage theiraffairs, how people who do rather than talk have done things.Twenty years from now, it will still be fresh. There is no otherlike it."
--NASSIM N. TALEB, former derivatives trader, author ofThe Black Swan, and professor, NYU-Poly
"Market Wizards is one of the most fascinating books everwritten about Wall Street. A few of the 'Wizards' are myfriends--and Jack Schwager has nailed their modus operandi onthe head."
--MARTIN W. ZWEIG, PhD, Editor, The ZweigForecast
"It is difficult enough to develop a method that works. It thentakes experience to believe what your method is telling you. Butthe toughest task of all is turning analysis into money. If youdon't believe it, try it. These guys have it all: a method, theconviction, and the discipline to act decisively time after time,regardless of distractions and pressures. They are heroes of WallStreet, and Jack Schwager's book brings their characters vividly tolife."
--ROBERT R. PRECHTER, JR., Editor, The Elliott WaveTheorist

Autoren/Hrsg.

Schwager, Jack D.

Inhaltsverzeichnis

Preface, ix
Prologue, xiii
My own story, xv
Part 1: Futures and Currencies
Taking the mystery our of futures, 3
The interbank currency market defined, 7
Michael Marcus: Blighting never strikes twice, 9
Bruce Kovner: The world trader, 51
Richard Dennis: A legend retires, 85
Paul Tudor Jones: The art of aggressive trading, 117
Gary Bielfeldt: Yes, they do trade T-bonds in Peoria, 141
Ed Seykota: Everybody gets what they want, 151
Larry Hite: Respecting Risk, 175
Part 2: Mostly Stocks
Michael Steinhardt: The concept of variant perception, 193
William O'Neil: The art of stock selection, 219
David Ryan: Stock investment as a treasure hunt, 237
Marty Schwartz: Champion trader, 257
Part 3: A Little Bit of Everything
James B. Rogers, Jr.: Buying value and selling hysteria, 283
Mark Weinstein: High-percentage trader, 321
Part 4: The View From the Floor
Brian Gelber: Broker turned trader, 345
Tom Baldwin: The fearless pit trader, 367
Tony Saliba: "One lot" triumphs, 387
Part 5: The Psychology of Trading
Dr. Van K. Tharp: The psychology of trading, 411
The trade: A personal experience, 431
Postscript: Dreams and trading, 437
Final Word, 439
Appendix1: Program trading and portfolio Insurance, 441
Appendix 2: Options--understanding the basics, 443
Glossary, 447

Über Autor(innen)

JACK D. SCHWAGER is a recognized industry expert onfutures and hedge funds, and the author of a number of widelyacclaimed financial books. He is currently the co-portfolio managerfor the ADM Investor Services Diversified Strategies Fund, aportfolio of futures and FX managed accounts. He is also an advisorto MarkeTopper Securities, an India-based quantitative tradingfirm. Previously, Mr. Schwager was a partner in the Fortune Group,a London-based hedge fund advisory firm that specialized increating customized hedge fund portfolios for institutionalclients. His prior experience also includes over twenty years as adirector of futures research for some of Wall Street's leadingfirms.