The Best: TradingMarkets.com Conversations With Top Traders
Author: Kevin N. Marder, Marc Dupee
List Price: $29.95
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ISBN: 1893756084
Publisher: M. Gordon Publishing Group (15 September, 2000)
Sales Rank: 173,804
Average Customer Rating: 4 out of 5
Customer Reviews
Rating: 4 out of 5
Modern Market Wizards
Written on par with the Market Wizards series, there are interviews with some of the biggest names on this era. What puts this ahead of Market Wizards, is that there are actually a number of techniques given and one can pick up a number of ideas to look for. My only gripe was that half the fund managers in this book all used the same William O'Neill CANSLIM method, looking for strong fundamentals and cup and handle breakouts. Yes, they have produced great returns with their funds as of the book writing (late 2000), but all the interviews with the fund managers seem to be exactly the same.
Rating: 5 out of 5
Good backgrounds for people who want to become a trader
This book is the equal of such classic "trader success profiles" as the Market Wizards series. Many of these profiles trace the backgrounds of very successful traders from their humble beginnings and provide a nice roadmap for aspiring traders. I especially liked the profiles of Kacher and Morales, top traders from William O'Neil's (founder of Investors Business Daily) trading business. They offer a lot of insight into what it takes to become respected traders. If you are like me, you will likely read some of the profiles several times over.
Rating: 2 out of 5
Not very readable and probably already obsolete
This book was clearly put together hastily -- and edited (if at all) the way a teenager might clean his bedroom. I found large sections of it incoherent, and even when specific trading strategies are being discussed, they are often difficult to make sense of. The book consists almost entirely of shop talk and jargon and leaps from topic to topic like a Mexican jumping bean. You get the feeling that it is exclusively for day traders who hang out in trading rooms; if you are not one of these then think twice before buying. The title "The Best" is pretty questionable too. It is not clear at all whether many of the traders being interviewed owe their success to a lasting mastery of the markets, or to strategies that happen to have worked under highly unusual conditions which have already disappeared. This book pales beside the Market Wizards classics (and even the 3rd, not-so-classic Market Wizards book). Its only merit is that it does go into considerably more detail than the Market Wizards interviews. A lot of that detail is frustratingly disorderly, but I found a small proportion of it useful, and you might as well. Similar Products
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