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Learning from the Market Wizards

November 17, 2009

Two books I always recommend to traders are Market Wizards and The New Market Wizards. Both offer a lot of great information and advice, and are motivational to boot. I actually had the opportunity to meet and interview the books’ author, Jack Schwager, back in 1992 when he was working for Prudential Securities (if I remember correctly) on the research side. He’s an interesting individual and has a great deal to offer traders as a result of his interaction with all those he profiled in his book.

Jack periodically does seminars on the subject of the lessons to be learned from the Wizards. I’ve had the opportunity to see them on a couple of occassions. Obviously, there’s a lot of overlapping content from the books, but it’s more than that. Jack is a very good speaker and in his seminars he presents in a really accessible way the lessons and themes he’s learned from the traders and money managers he sat down with.

If you haven’t already had the opportunity to see/hear Jack speak, then I suggest you check out Market Wizard Insights, available at no cost here.

Struggling with support & resistance and knowing what the key market levels are? Check out the Price Distribution Analysis methods I use.

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