In our follow up to last week's post, Marty Schwartz ("Pit Bull") speaks at Amherst College , today we bring you something old and new. From Jack Schwager's original Market Wizards (1989) comes an interview with Marty Schwartz , "Champion Trader". We'll provide you with some quotes and insights from Schwartz's interview, but I also encourage you to get a copy of the book and read it cover to cover, if you haven't already. On to the good stuff. Here is an excerpt from Jack Schwager's intro to the discussion: "I interviewed Marty Schwartz at his office after trading hours. I found him to be very opinionated and intense about the subject of trading. This intensity occasionally spills over into anger when a raw nerve is hit (such as program trading). In fact, Schwartz readily admits that he finds anger a useful trait in trading. None of this "going with the market flow" philosophy for Schwartz. In his view, the marketpla
A trader's view of the stock market and emerging financial trends.