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What to Read for a Trader: “New Market Wizards” by Jack Schwager

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Following the “Wizards of the Market”, with a certain time interval, another book was published – “Wizards of the New Market”. Jack Schwager didn’t stop there. As the years passed, more and more successful market conquerors appeared. Of course, it was possible to supplement the book in new editions, but he did not. It was quite good, well structured and very interesting, and he wanted to make it complete and unified, without new chapters. But the number of merchants, which has not yet been written about, but he very much wanted to write, all grew and grew.

As a result, a substantial list of people was assembled, and Schwager began work on a new book. He collected what data he knew about them and then invited everyone to be interviewed to talk about themselves and possibly help his colleagues, experienced and new, to take some correct steps. The stories of all those who did not refuse are now published in the pages of a new book.

What to Read for a Trader: “New Market Wizards” by Jack Schwager

What is this book about?
The second part is not very different from the first. Jack Schwager confirms it once again: for several years his opinion has not changed at all: success on the stock market has nothing to do with luck, Fortune’s smile, and this is not a game at all. He also remains convinced that there is no magic pill that makes a merchant rich. Yes, some of the millionaires use automated trading systems; others adhere to certain rules, for example, they use intuition; Almost everyone has their own particular strategy, one or more. But at the same time, it cannot be said that the chosen option is the key to success. Schwager’s opinion has not changed after several years: only a special attitude towards his work and some other personal qualities made these people rich.

The list includes famous merchants, our contemporaries. You can read the book even if you haven’t seen the first one; these are different editions that do not interact. Here you will also receive a dose of positivity, motivation and self-confidence, after which you can safely “go to battle” – fulfill your dreams of trading, achieve your goals.

Some professionals have touched on rather unusual topics here, such as the influence of the subconscious and intuition on success or failure in stock trading. Someone may laugh at this approach, but the fact is that experts say about it, that they have achieved amazing results. Perhaps you will learn something original for yourself.

Whatever ideas in this book you take as a basis, they will certainly be useful. Therefore, it makes sense to spend your time reading, for example, as a daily motivation in the morning. You can download it from the Internet at library sites; to this day, it is available in paid and free access.

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