Written with flair, Bulls, Bears and Millionaires brings the trading arenas of the world's financial exchanges to life like never before. Through a series of dramatic profiles and never-before-told "war stories, " the reader is provided with an insider's view of the emotionally-riveting world of trading.
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With commodities trading partner Howard Abell in The Innergame of Trading (1994) and on his own in The Intuitive Trader (1996), Koppel has emphasized the role such psychological and phenomenological aspects as fear, hesitation, and negativity play in speculation. In this new book, Koppel broadens his outlook, but he is still interested in the intangible factors that lead to trading success. He is also curious about how traders cope with failure and how huge losses affect subsequent behavior. By interviewing various traders as he did in his previous book, Koppel finds answers to those questions. He talks with 18 fellow traders--two of whom are women, and many of whom, like Koppel, have connections to Chicago-based commodities and futures exchanges. By asking what first attracted each of them to trading, Koppel uncovers successful survival strategies. David Rouse
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Most Helpful Customer Reviews
7 of 7 people found the following review helpful:
5.0 out of 5 stars
Great stories and insights,
By A Customer
This review is from: Bulls, Bears, and Millionaires: War Stories of the Trading Life (Hardcover)
Koppel presents 20 traders and asks them thought provoking questions about what they learned about their profession and themselves. Any comparison between this book and the Market Wizards misses the point.Here the authors main interest is not specific trading strategies but rather the emotional and psychological aspects of being a first string performer.Also, many interesting philosophical insights that would serve one well in tading or in life.I felt the conversational tone to be very effective.
5 of 5 people found the following review helpful:
5.0 out of 5 stars
Eye opening Look at the World of Day Traders,
By A Customer
This review is from: Bulls, Bears, and Millionaires: War Stories of the Trading Life (Hardcover)
I found this book gave me a bird's eyer view of what it's like trading for short and intense market swings.Really good portrait of the lives of traders.
7 of 8 people found the following review helpful:
5.0 out of 5 stars
An easier path to trading succesfuly,
By A Customer
This review is from: Bulls, Bears, and Millionaires: War Stories of the Trading Life (Hardcover)
Bob Koppel illustrates in this wonderful book what it takes to be a succesful futures trader. From his experiences and through the interiews of top traders from all around the world, Koppel makes it clear what essential qualities need to be developed in order to achieve financial success. This book is also a very exciting and enjoyable book to read. Koppel puts you in the position of trading multi-million dollar positions before key government repots. These experiences will help you be able to deal with them more effectively when they do occur in your trading carear. Arlen Ginsburg, Independent Futures Trader
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