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Title: Pit Bull : Lessons from Wall Street's Champion Day Trader by Martin Schwartz ISBN: 0-88730-956-9 Publisher: HarperBusiness Pub. Date: 01 April, 1999 Format: Paperback Volumes: 1 List Price(USD): $17.00 |
Average Customer Rating: 4.38 (56 reviews)
Rating: 5
Summary: One of the greatest.
Comment: Martin Schwartz is an incredible genius. This book is absolutely amazing. Once I picked it up, I could not put it down for a moment, I read the book within a day or two. Offers many great insights to the business, and also an amazing read overall. This is hands down one of the best trading books I've ever read, the only thing that comes close is Reminiscences of a Stock Operator and Market Wizards by Schwager, where Schwartz is interviewed in that among others. Martin Schwartz is the greatest trader Wall Street has ever seen, there are others but none so compelling as his story.
Rating: 3
Summary: If you are looking for strategy look elsewhere
Comment: Marty Schwartz is a great trader, no doubt about it. Is he a legendary trader? No. Is he a champion trader? Yes. But how many trading contest winners do you know that have gone on to succesfully manage OPM as "Buzzy" likes to refer to it. Contests and real life have nothing in common with each other. How many of us have paper traded with good results only to find ourselves losing in "real-time". Schwartz is too arrogant. He claims to have out-traded George Soros, what nonsense!! George can crush him with a mere bat of an eyelash. Buzzy is a great trader for himself, but when it comes to OPM (other people's money), forget about it. No scalper is going to make money trading in huge size. Unless they are on the floor or they are Monroe Trout. The strategy section in the book is very thin. There are a few interesting tidbits, such as mid-month buying and so on, but nothing that will really help you in your trading. An amusing read overall. However, Schwartz really needs to get over himself, he is a great trader, but he should never make comparisons with himself and the "big boys"; he just ends up looking stupid.
Rating: 4
Summary: A great read!
Comment: As a professional trader I am always looking for the "edge". This book is weak on actual trading methodologies. But I really enjoyed hearing about his daily life and routines as a trader. Especially what it's like when things go against you as they eventually will if you are in this game long enough.
I had trouble putting the book down. Highly recommended.
Woops, just got a fill, gotta go!
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Title: Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude by Mark Douglas ISBN: 0735201447 Publisher: Prentice Hall Press Pub. Date: 02 January, 2001 List Price(USD): $45.00 |
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Title: The Market Maker's Edge by Josh Lukeman ISBN: 0071412743 Publisher: McGraw-Hill Trade Pub. Date: 24 February, 2003 List Price(USD): $19.95 |
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Title: How I Trade for a Living by Gary Smith ISBN: 0471355143 Publisher: John Wiley & Sons Pub. Date: 26 October, 1999 List Price(USD): $34.95 |
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Title: Mind over Markets: Power Trading With Market Generated Information by Eric T. Jones, Robert B. Dalton, James F. Dalton ISBN: 0934380538 Publisher: Traders Pr Pub. Date: 25 May, 1999 List Price(USD): $29.95 |
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Title: Market Wizards : Interviews with Top Traders by Jack D. Schwager ISBN: 0887306101 Publisher: HarperBusiness Pub. Date: 27 January, 1993 List Price(USD): $17.00 |
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