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Pit Bull: Lessons from Wall Street's Champion Day Trader
Customer Reviews:
One of the best ever
By Cassie C. Goodman "David Smith" - September 26, 2004I think some people here missed the point of this book altogether. There is no doubt that this is one of the best trading books ever written. This book ranks among the top trading books ever including Reminiscences of a Stock Operator, not because of the technical trading secrets it revels, but because of the insights it offers on the mindset of one of the greatest traders ever. This book elevates itself above almost every other trading or financial book out there for that exact reason, the author made his living (and it was a very good living) from trading the markets. He didn't have a website that offered trading ideas for fifty bucks a month. He didn't fly around the country giving seminars on how to trade at a thousand bucks a head. He didn't have a radio program where he would solicit money from listeners and call himself a money manger. He trading his own money and made a fortune.
Marty started out with a hundred grand, but his seat on the AMEX cost him ninety... read more
A Big Ego Proves to Be Both an Essential Asset and Worst Enemy.
By mirasreviews - November 26, 2005"Pit Bull" is the trading memoir of Martin "Buzzy" Schwartz, multimillionaire stock and futures trader who won the "Champion Trader" title in the 1984 U.S. Trading Championship, the "Most Money Made" title in 1983, and conquered the futures division in 1992. He made a lot of money too, but Mr. Schwartz loves the limelight and a good competition. The book starts in 1979, when Schwartz abandoned his 9-year career as a securities analyst to trade his own money on the floor of the New York Stock Exchange, and progresses through his tumultuous, exciting trading career until the mid-1990s.
Schwartz sometimes digresses to relate incidents of his childhood and youth, illustrating that he was always a gambler by nature, so "Pit Bull" has some qualities of an autobiography. Schwartz' story is peppered with trading advice, and many of its best moments are when he describes his experiences during specific market events, such as his losses when the market surged after the 1980... read more
Funny & entertaining insights into the life of a top trader
By Franco Arda - November 7, 2005Pit Bull gives a good and entertaining insight into the mind of a Market Wizard. "Buzzy's" book makes you sometimes laugh out loud.
Particularly interesting; anyone who considers managing other peoples money should read this book. Buzzy shows the dark side of this business and how negatively it can affect the money manager.
Don't expect another Remiscence of a Stock Operator, for that Pit Bull lacks depts on the psychology of a trader and focuses mainly on short term trading (the author is basically a scalper).
All in all a worth-reading book on the life of a top trader.
| AVAILABILITY | |||
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