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The Super Traders: Secrets and Successes of Wall Street's Best and Brightest
 
 
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The Super Traders: Secrets and Successes of Wall Street's Best and Brightest [Paperback]

Alan Rubenfeld (Author)
1.8 out of 5 stars  See all reviews (5 customer reviews)


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Book Description

September 1, 1995
The SuperTraders is a field study into the lives and habits of a unique species called the American trader. Written not by analysts or "experts" or students of the markets, this book is written by the major players themselves, and each chapter unmistakably reflects the language of the trader. It is a tone not given much to embroidery or other niceties, punctuated by a characteristic gallows humor found typically in the trenches. Their point of view is quintessentially American, regarding themselves and their fabulous, sometimes meteoric, successes as self-made (part luck, part hustle). This behind-the-scenes look at Wall Street not only contains candid personal accounts of these heavy hitters, but their trading secrets and philosophies as well. Some of the secrets and strategies revealed here include valuable insights into: Options Trading, Hedge Fund Trading, Sales Trading, Buyside Trading, Third-Market Trading, Block Trading, Electronic Trading, Institutional Trading and Program Trading. The unadulterated insights presented here make this a one-of-a-kind book written by, for and about traders. Contributors include: Bob Scavone: Set the Standard for NYSE Specialists, Victor "Trader Vic" Sperandeo: Market "Prophet," Joseph Apisa: Master Sales Trader, Evan Schulman: Pioneer in Electronic Trading, Jon Najarian: Renowned Options Trader, Frank Baxter: fading Third-Market Trader, Jay Mangan: Esteemed Industry Spokesperson, Stephen Bodurtha: Program Trader Extraordinaire, Denny Engelman: Premier Floor Broker.


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About the Author

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide --This text refers to an out of print or unavailable edition of this title.

Product Details

  • Paperback: 225 pages
  • Publisher: McGraw-Hill; 1 edition (September 1, 1995)
  • Language: English
  • ISBN-10: 1557388105
  • ISBN-13: 978-1557388100
  • Product Dimensions: 9 x 6 x 0.6 inches
  • Shipping Weight: 13.3 ounces
  • Average Customer Review: 1.8 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #1,938,808 in Books (See Top 100 in Books)

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Average Customer Review
1.8 out of 5 stars (5 customer reviews)
 
 
 
 
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2 of 2 people found the following review helpful:
3.0 out of 5 stars More job descriptions than trading information., April 29, 2002
This review is from: The Super Traders: Secrets and Successes of Wall Street's Best and Brightest (Paperback)
If you have ever wondered what functions the various traders on wall street serve you might like this book. For instance what role does a sales trader play as opposed to a market maker? The chapters are each an interview with a different trader serving a different role. The only real trading interview is Trader Vic, and for that you may as well buy his book.

The book is well written and informative, but it is not the same as The Market Wizards or The Best Conversations with Top Traders.

If you are looking for trading ideas, one of those should make for a more satisfying read.

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2 of 2 people found the following review helpful:
1.0 out of 5 stars Disappointment given the title of the book, January 30, 2002
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This review is from: The Super Traders: Secrets and Successes of Wall Street's Best and Brightest (Paperback)
This book is disappointing to say the least. What it is a collection of brief autobiographies. How certain successful traders built up their trading companies. There are certainly no trading secrets in this book. The best chapter is by Vic Sperandeo but it is so brief that nothing useful can be gleaned. This book is best saved as a read on the train into and back from work. Just don't expect to improve your trading technique by reading it.
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1 of 1 people found the following review helpful:
1.0 out of 5 stars Poor Man's Market Wizards, February 16, 2005
This review is from: The Super Traders: Secrets and Successes of Wall Street's Best and Brightest (Paperback)
This book was clearly an attempt to take advantage of the market following success of Market Wizards. Unfortunately, it does not offer one tenth the value. The interviews are not nearly as inspiring and the lessons not nearly at powerful. Stick to the original.
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Inside This Book (learn more)
First Sentence:
Once you have met Jon Najarian, it becomes quite clear that options trading was a career tailor-made for his statuesque physique. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
buyside trader, sellside trader, third market firms, sales trader, block trading desk, upstairs traders, block trader, program trading, consolidated tape, electronic execution, trading crowd, trading expertise, execution prices, position trader, emotional discipline, secondary stocks, institutional business, institutional trader, index arbitrage, specialist post, floor brokers, commission dollars, national marketplace, program trade
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Merrill Lynch, First Boston, Union Pacific, Goldman Sachs, May Day, Salomon Brothers, United States, Denny Engelman, Federal Reserve Board, Midwest Stock Exchange, Black Monday, Boyd Jefferies, Chase Manhattan, Mitchell Hutchins, San Francisco, Sister Teresita, Bear Stearns, General Motors, Capital Cities Broadcasting, Chicago Board Options Exchange, Cities Services, General Foods, Ivan Boesky, Reynolds Metals
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