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Chat With Traders

078: Jack Schwager – The Making of Market Wizards, and Wisdom From Elite Traders

Chat With Traders

Tessa Dao

Education, Business, Investing

4.92.3K Ratings

🗓️ 22 June 2016

⏱️ 95 minutes

🧾️ Download transcript

Summary

As I’m sure you already well aware, Jack Schwager has been involved with financial markets for many years, he’s the author of the acclaimed Market Wizards series and others, and he’s also the co-founder of FundSeeder. During our talk, we go behind the scenes of the Market Wizards and Jack shares his experiences from conducting interviews with trading royalty and some of his most memorable moments. Of course, I ask Jack to flesh out some of the great knowledge he’s learned from this—discussing; self-confidence, sacrifices, what separates a profitable trader from a super trader, and the issue with seeking comfort. You’ll also hear an update on FundSeeder, as well as something you might be very interested to know, what trading books does Jack recommend to others? The New Market Wizards is now available as an audiobook on Amazon. Get a free copy --- Sponsored by TradeStation.com – A fully-licensed online broker, serving traders globally. Get the benefits of an award-winning platform, competitive commissions, awesome support, and more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Chat with traders is sponsored by Trade the Pool.

0:03.6

Our concerns about limited buying power, insufficient capital,

0:07.3

or fear of losing your own money,

0:09.5

preventing you from advancing your trading capabilities.

0:12.4

Trade the Pool is an online stock trading prop firm

0:15.8

that offers funding for stock traders.

0:18.1

Demonstrate your skills, trade their capital,

0:21.0

and keep your profits.

0:22.5

You can engage in intraday trading,

0:24.9

and now swing trading on Trade the Pool.

0:27.8

With any US stock or ETF,

0:30.3

the procedure is straightforward.

0:31.9

Pay in evaluation fee,

0:33.4

successfully complete the evaluation, and get funded.

0:36.8

Visit tradethepool.com forward slash chat to learn more.

0:44.6

Markets, speculation, and risk.

0:47.3

This is the Chat with traders podcast,

0:49.8

hosted by Aaron Fefield.

0:53.1

What's up traders, Aaron Fefield here.

0:55.2

For this episode, we have a returning guest,

0:57.9

Jack Schrager, who was first on episode number 27.

1:02.0

As I'm sure you already know,

...

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