Market Wizards

[#1]

does anyone have any opinions on any of the three "Market wizards" books?

[SimonPB]

first one very good. Have heard that #'s 2 & 3 not so great?

[#3]

all three have very positive reviews on amazon.com. Although people seem to prefer the first two to the third. And apparently one of the people interviewed in the first book was investigated by the SEC??? Micheal Lauer?? anyone know of him.

[#4]

I read #2 - highly recommended... OMO

[faure]

The first two are great and the third one while very good is not as good.

[#6]

Read The new market wizards,very good

[Tango]

very nice inspirational reads. Wide cross-section of personalities and trading styles represented. The common themes that run through all the interviews are the heart of it for me - good risk and money management, methodical trading, and having an 'edge' of some sort. Also, 80% of them got wiped out early on in their careers before getting it right ; )

[john_1]

That one time loss is actually a charicturistic of many top business personalitis not just traders. They not afraid to make mistakes but if they do they learn from them.

[Brazen]

That 80% stat always intigues me. Does it mean 20% get it right first time?

[Tango]

I made up 80%.. I can't tally it up from memory.. most of them lost big at least once and went to the edge. Some had to work a j*b to save up their next trading stake, some were bankrolled by fellow traders. A couple got it right from the outset and took no big catastrophic losses, but very few. I could make up some more figures. A few got it right from the outset. But only a few out of a cross-section of highly successful, legendary traders.

[#11]

this is slightly off topic but would be irrelevant to the forum to make a new thread. I priced 6 books off amazon & kalahari & this is the pricing i was given:
Technical Analysis explained - Martin J Pring
Market Wizards - Jack D Schwager
The New Market Wizards - Jack D Schwager
Technical Analysis of the Financial Markets by John J Murphy
New frontiers in Fibonacci trading by Michael Jardine
Candlestick Charting Techniques by Steve Nison
amazons total for all 6 was R1600 (exl shipping)
kalahari's price for the same was R2600(exl shipping).
now obviously amazons shipping will cost much more but will not nearly make up the R1000 discrepancy. Also amazons price does not include vat but most imports ive received from the States i have never had to pay vat.

[ms]

read the market wizards book it great. I also just priced a book of amazon and kalahari. Kalahari was over R800 more on one book.

[faure]

When ordering books from amazon try to order more than one at a time. The shipping is often the same price as the book itself!

[#14]

books were great when we actually had a free market....now we might as well play blackjack. Interesting article.....http://www.dissidentvoice.org/Mar07/Whitney04.htm