Insightful exploration into life as a trader right on the trading floor. To gather the inside knowledge necessary to write this fascinating book, author Sonny Kleinfield spent months with individual traders on the floors of 5 major financial exchanges: the NYSE; American Stock Exchange (options pit); Chicago Board of Trade; Chicago Mercantile Exchange; Commodity Exchange Center. Makes you feel like you are standing right in the trading pits yourself, amidst the frenzied excitement. Pure pleasure reading that shows you what really transpires on the floor.
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Editorial Reviews
About the Author
Sonny Kleinfeld was born in Fair Lawn, New Jersey in 1950. He attended Clark University and New York University. He was a reporter for the Wall Street Journal for five years. In the course of his newspaper work he became acquainted with several independent floor traders and their stories of the trading world convinced him to pursue a book about the subject. He is the author of seven other nonfiction books and has contributed articles to the Atlantic Monthly, Harper's, and Esquire, among others. He lives in New York City with his family.
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Most Helpful Customer Reviews
8 of 9 people found the following review helpful:
5.0 out of 5 stars
Changed My Life,
By A Customer
This review is from: The Traders (Paperback)
I read this book when I was about 19 years old and it changed my life. I had no idea what a trader was or what they did. ( I only knew what Stock Brokers did) This book eventually lead me to New York where I actually called Stanley Katz and started working on the AMEX as a market maker clerk. This book is exactly what it says. All the feel of what it's like to be a trader are in here as well as a little history of the various exchanges. My copy is a closely held favorite with various signatures from several people in the book.
3 of 3 people found the following review helpful:
5.0 out of 5 stars
Well Written Book!,
By
This review is from: The Traders (Paperback)
The Traders by Sonny Kleinfield is a well-written excursion onto the trading floors of The Merc, The NYSE, The NYMEX, and other financial markets. Although you will not find tips in here to include your trading or investing, this book is an excellent way to spend the afternoon if you ever wondered how and why floor traders endure the chaos in their chosen market. My only quarrel is that this book was originally written in 1983, before computers changed the landscape of the floor. A good read anyways!
5.0 out of 5 stars
Enjoyable,
Amazon Verified Purchase(What's this?)
This review is from: The Traders (Paperback)
Quite an enjoyable read. I picked this up because, as someone who trades commodities electronically and has never visited an exchange, I was interested to read what it's like. This book does a good job of describing it. It gives me a better idea of what goes on "behind the scenes." Perhaps subconsciously this may even help my trading. I would recommend this book.
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