Price: $35.99
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Acclaimed author Jack D. Schwager makes a triumphant return to the trading world, seeking insights from traders on their experiences navigating the tumultuous markets from 2020 to 2022. This period witnessed the pandemic bear market, a swift reversal to new peaks, escalating inflation and the onset of another bear market. All chapters are enhanced with fresh interviews with the exceptional yet unheralded individuals featured in Unknown Market Wizards.
Continuing the three-decade tradition of the immensely popular Market Wizards series, Unknown Market Wizards probes the strategies of extraordinarily successful traders to understand their remarkable performance results. The unique twist in Unknown Market Wizards is that it highlights traders who manage their own accounts and remain largely unknown to the investment world. Despite their low profiles, these traders boast performance records that rival, and often outshine, those of the most accomplished professional managers.
The book includes captivating stories such as:
– A trader who transformed an initial account of $2,500 into a staggering $50 million.
– A trader who maintained an impressive average annual return of 337% over a 13-year period.
– A trader who amassed tens of millions using a distinctive approach that utilized neither fundamental nor technical analysis.
– A former advertising executive who employed classical chart analysis to achieve a 58% average annual return over a 27-year trading career.
– A budding junior tennis player from the UK who traded his dreams of a professional sports career for trading, generating a nine-year track record with an average annual return just shy of 300%.
Renowned author and trading expert Jack D. Schwager serves as our guide. His insightful and empathetic interviewing style encourages the Wizards to share captivating details about their training, experiences, tactics, strategies, and their most successful and disappointing trades. Humor and revelations about the human side of trading are sprinkled throughout the book. The result is an engaging new compendium of trading wisdom, overflowing with insights that can enhance the trading capabilities of readers at all levels.