The New Market Wizards <Mobile>

The interviews across the "Market Wizards" series reveal several universal principles shared by the world's most successful traders:

Built an edge through rigorous statistical analysis and a relentless focus on low-risk, high returns. Bottom-Up Growth the new market wizards

advises getting out of any losing position that makes you uncomfortable—the simplest cure for paralysis. The interviews across the "Market Wizards" series reveal

Managed billions with intense focus; emphasized the "mental capital" required for big trades. Global Macro Global Macro : Success often follows significant failure

: Success often follows significant failure. Many traders profiled "blew up" their accounts early on, using those losses as "tuition" to refine their process and mental capital.

: High IQ does not guarantee trading success. The "wizards" are often characterized by their ability to follow rules, admit mistakes promptly, and resist emotional impulses like fear or greed.