Market Wizards [antikvár]

Preface There are some amazing stories here: A trader who, after wiping out several times early in his career, Uimed a $30,000 account into $80 million A fimd manager who achieved what many thought impossible—five consecutive years of triple-digit percentage remms A trader from small-town America who started out on a shoestring and has become one of the world's largest bond traders A former securities analyst who, during the past seven years, has realized an average monthly return of 25 percent (over 1,400percent annualized), primarily trading stock index futures An electrical engineering graduate from MTT whose largely computerized approach to trading has eamed his accounts an astounding 250,000 percent retum over a sixteen-year period These are but a sampling of the interviews contained in this book. In his own way, each of the traders interviewed has achieved incredible success. What sets these traders apart? Most people think that winning in the markets has something to do witii finding the secret formula. The tmth is that any common denominator among the traders I interviewed had more to do with attitude than approach. Some of the traders use fundamental analysis exclusively, others employ only technical analysis, and still others combine the two. Some traders operate on a time horizon measured in hours or even minutes, while others typically implement