Market Wizards
Interviews with Top Traders
by Jack D. Schwager
2 more
More Recommenders
“@SidneyVollmer @RemiGMI The Silk Roads Peter Frankopan, Lords of Finance, Makret Wizards, New Market Wizards, The House of Money, Mania’s, Panics and Crashes, The Bitcoin Standard, | Tell me the seven books you would recommend to other traders. Here's my list: 1. Trend Following 2. Market Wizards 3. The Man Who Solved the Market 4. Trade Like A Casino 5. Trade Your Way to Financial Freedom 6. How To Make Money in Stocks 7. Reminiscences of a Stock Operator | Top 5 Trading Books which all should read in lifetime: Reminiscence of stock operator Tech Analysis J.Murphy Market Wizards Japanese candlesticks Trading in the Zone #AKAL”
Source →“@SidneyVollmer @RemiGMI The Silk Roads Peter Frankopan, Lords of Finance, Makret Wizards, New Market Wizards, The House of Money, Mania’s, Panics and Crashes, The Bitcoin Standard, | Tell me the seven books you would recommend to other traders. Here's my list: 1. Trend Following 2. Market Wizards 3. The Man Who Solved the Market 4. Trade Like A Casino 5. Trade Your Way to Financial Freedom 6. How To Make Money in Stocks 7. Reminiscences of a Stock Operator | Top 5 Trading Books which all should read in lifetime: Reminiscence of stock operator Tech Analysis J.Murphy Market Wizards Japanese candlesticks Trading in the Zone #AKAL”
Source →Recommended by 4 notable people, including Nassim Nicholas Taleb and Raoul Pal
Check price on AmazonProof-backed recommendation
Amazon availability
Reading Profile
Should I read this?
Market Wizards is a collection of interviews with highly successful traders, presented in plain, conversational prose. Reading it feels like eavesdropping on candid conversations about strategies, psychological habits, and specific trade anecdotes. Most useful are the recurring practical takeaways about risk control, position sizing, and mental discipline rather than a single step-by-step method. Annoying limits: the format leans heavily on individual stories and the book rarely generalizes, leaving gaps if you want a unified trading system. Better consumed slowly rather than as a mechanics manual; readers should be ready to translate anecdotes into rules.
Read this if...
- •an aspiring discretionary trader trying to build a personal trading plan: helpful because it supplies real-world rules about position sizing, stops, and decision routines you can adapt.
- •a junior analyst at a trading desk wanting to understand how experienced operators handle risk and errors in live markets: useful for seeing applied judgment under pressure.
- •a long-only portfolio manager shifting toward shorter-term or active trading and needing concrete examples of mental discipline and risk limits rather than textbook models.
Skip this if...
- •you'll likely put it down when you expect a unified, repeatable system — the book is interview-driven and rarely turns anecdotes into one-size solutions.
- •annoying if you prefer tightly argued, data-heavy instruction: many chapters are story-first and light on rigorous, generalizable rules.
- •not good if you want hands-on exercises or a step-by-step course: no exercises and limited prescriptive guidance.
The world's top trader's reveal the secrets of their phenomenal success!How do the world's most successful traders amass tens, hundreds of millions of dollars a year Are they masters of an occult knowledge, lucky winners in a random market lottery, naturalborn virtuosiMozarts of the markets In search of an answer, bestselling author Jack D. Sc...
Before You Buy
Reading Specifications
Difficulty:easy
Audience Fit
- an aspiring discretionary trader trying to build a personal trading plan: helpful because it supplies real-world rules about position sizing, stops, and decision routines you can adapt.
- a junior analyst at a trading desk wanting to understand how experienced operators handle risk and errors in live markets: useful for seeing applied judgment under pressure.
- a long-only portfolio manager shifting toward shorter-term or active trading and needing concrete examples of mental discipline and risk limits rather than textbook models.
- you'll likely put it down when you expect a unified, repeatable system — the book is interview-driven and rarely turns anecdotes into one-size solutions.
- annoying if you prefer tightly argued, data-heavy instruction: many chapters are story-first and light on rigorous, generalizable rules.
- not good if you want hands-on exercises or a step-by-step course: no exercises and limited prescriptive guidance.
Check formats, pricing, and availability options for Kindle, physical print, or audiobooks directly.
View available editions on AmazonKey themes
Why recommended
Recommended by 6 sources and appears in Stocks, Trading Psychology, and Trading.
Recommended by notable people
People and public figures who have recommended this book.
Recommendation Signals
Recommendation proof is sourced from public posts, interviews, reading lists, and cited references.
Raoul Pal
“@SidneyVollmer @RemiGMI The Silk Roads Peter Frankopan, Lords of Finance, Makret Wizards, New Market Wizards, The House of Money, Mania’s, Panics and Crashes, The Bitcoin Standard, | Tell me the seven books you would recommend to other traders. Here's my list: 1. Trend Following 2. Market Wizards 3. The Man Who Solved the Market 4. Trade Like A Casino 5. Trade Your Way to Financial Freedom 6. How To Make Money in Stocks 7. Reminiscences of a Stock Operator | Top 5 Trading Books which all should read in lifetime: Reminiscence of stock operator Tech Analysis J.Murphy Market Wizards Japanese candlesticks Trading in the Zone #AKAL”
View sources (3) ▾80%
Appears In
Not sure if this is the right fit?
Consider The Undoing Project by Michael Lewis. Recommended by 18 sources.
“Michael Lewis chronicles the friendship and intellectual partnership of Daniel Kahneman and Amos Tversky, who championed the idea that cognitive biases shape our choices. The narrative reads like a buddy story, weaving their discoveries into personal anecdotes and the drama of their collaboration. You'll grasp key ideas—loss aversion, framing—through their story, but the book focuses on biography, not application. Helpful for understanding behavioral economics' origins; less useful if you want actionable advice. The emotional arc of their relationship can overshadow the science.”
Similar books
The Undoing Project
Michael Lewis
The Little Book of Common Sense Investing
John C. Bogle
Financial Shenanigans
Howard Schilit
Scale
Geoffrey West
Poor Numbers
Morten Jerven
The Great Illusion
Norman Angell
One Billion Americans
Matthew Yglesias
Accounting Principles Standalone book
Jerry J. WeygandtHow recommendation signals are reviewed
Each recommendation is collected from a public source — interviews, articles, or curated lists — and linked to its original URL. Books with many verifiable recommendations from respected people rank higher.