In this episode of “Talking Trading”, Jack discusses the Market Wizards series as well as FundSeeder:

“If you could ask anything to the man who has interviewed the world’s top traders, what would it be? In this episode Jack Schwager, author of the legendary Market Wizard series, discusses writing his books and the answer to that seminal question – what are the characteristics of great traders? Jack also discusses FundSeeder, his new project designed to find the undiscovered great traders.

Jack Schwager

Jack Schwager wrote Market Wizards to capture the characteristics of great traders through their stories.

Starting with Michael Marcus and then Ed Seykota, he went on a cookie crumb trail around the USA and created the legendary Market Wizards series. Filled with timeless truths the books are classic literature for every trader.

In this interview hear how the Market Wizard series evolved, what Jack Schwager learnt from writing it, and the seminal question to ask the Market Wizard himself – what characteristics make a great trader to set them apart from everyone else?

Jack discusses two traits in detail:

1.  There is NO ONE WAY TO MAKE MONEY IN THE MARKETS and you have to find an approach that fits your belief system. Many Market Wizards view each other’s trading approach with complete cynicism and they often have conflicting opinions 180 degrees apart.

‘There are a billion ways to make money in the markets. Unfortunately they are all difficult to find.’ – Jack Schwager

2.  You need complete FLEXIBILITY and LACK OF LOYALTY to a share. Great traders are able to change their direction on a dime, not only are they able to get out but they are able to flip positions.

Jack also discusses FundSeeder, his new project to discover undiscovered trading talent and connect them with investors.”

In this episode of “The Disciplined Investor”, Jack Schwager talks about the search for new investment talent! This is a really fascinating opportunity for anyone who is looking for the chance to run outside money and did not have access.

Mr. Schwager is a recognized industry expert in futures and hedge funds and the author of a number of widely acclaimed financial books. Mr. Schwager is one of the founders of Fund Seeder (FundSeeder.com), a platform designed to find undiscovered trading talent worldwide and connect unknown successful traders with sources of investment capital. Previously, Mr. Schwager was a partner in the Fortune Group (2001-2010), a London-based hedge fund advisory firm. His prior experience also includes 22 years as Director of Futures research for some of Wall Street’s leading firms, most recently Prudential Securities.

Mr. Schwager has written extensively on the futures industry and great traders in all financial markets. He is perhaps best known for his best-selling series of interviews with the greatest hedge fund managers of the last three decades: Market Wizards (1989, 2012), The New Market Wizards (1992), Stock Market Wizards (2001), Hedge Fund Market Wizards (2012), and The Little Book of Market Wizards (2014). His other books include Market Sense and Nonsense (2012), a compendium of investment misconceptions, and the three-volume series, Schwager on Futures, consisting of Fundamental Analysis (1995), Technical Analysis (1996), and Managed Trading (1996). He is also the author of Getting Started in Technical Analysis (1999), part of John Wiley’s popular Getting Started series.

In this episode of the Michael Martin Show,  Jack Schwager joins Michael Martin to discuss his new venture with FundSeeder.

There are some great free tools there that are of great value to a new trader. What I like about what I’ve seen so far, is that it helps the newer trader focus on what’s important…managing your equity curve.

FundSeeder is great for helping you build a legit track record. You can get ranked as well to see how your strategy ranks against other traders.