Webinar: Jack Schwager of Market Wizards - Traders Hideout | futures io social day trading
futures io futures trading

Webinar: Jack Schwager of Market Wizards
Updated: Views / Replies:43,709 / 128
Created: by Big Mike Attachments:3

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

Webinar: Jack Schwager of Market Wizards

  #71 (permalink)
Elite Member
SF Bay Area, CA
Trading Experience: None
Platform: SC
Favorite Futures: Futures
Posts: 204 since Nov 2010
Thanks: 136 given, 175 received

I found the Balodimas interview in your new book the most fascinating of all of the interviews you've conducted in the "Wizard" series. At one point in the interview you seemed to get frustrated with Balodimas' inability to adapt his style to catch more of the change in trend. And he seemed to get frustrated with your frustration. Could you talk more about this interview, maybe provide some thoughts about Balodimas' style that weren't in the book?

Reply With Quote
  #72 (permalink)
Elite Member
Houston, TX
Trading Experience: Intermediate
Platform: TOS, Ninja, Tradestation
Favorite Futures: US Stock index futures
Skidboot's Avatar
Posts: 126 since Dec 2010
Thanks: 118 given, 179 received

What do you consider as the significant psychological change(s) these wizards made that made them the wizards?

Reply With Quote
  #73 (permalink)
Trading for Fun
Los Angeles
Trading Experience: Advanced
Platform: x_trader
Favorite Futures: Stocks
ReaM's Avatar
Posts: 127 since Mar 2011
Thanks: 96 given, 96 received

My question to Mr. Schwager:

Dear Jack Schwager,

if my memory serves me right, you were mentioned in Nassim Nicholas Taleb's "Fooled by Randomness". The author was of an opinion that a lot of (outstanding) performance of traders is attributed to luck and it seemed that you also held that opinion. Since it was only a sentence or two, I would love to hear more. What role does luck play in trading? Even though Tom Baldwin in his interview stated that luck plays no role, what do you think? No other man on planet could answer this question better than you.

Reply With Quote
  #74 (permalink)
Elite Member
Austin, TX
Trading Experience: Beginner
Platform: NinjaTrader
Favorite Futures: CL 6E
Posts: 31 since Jun 2009
Thanks: 59 given, 13 received

What specific instruments do you think provide the most opportunity for retail traders to be successful?
For example widely traded instruments like ES or smaller instruments that hedge funds would not be able to trade with size?

Reply With Quote
  #75 (permalink)
Site Administrator
Manta, Ecuador
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
Big Mike's Avatar
Posts: 46,928 since Jun 2009
Thanks: 29,917 given, 86,940 received

Webinar room is now open.


Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
  #76 (permalink)
Elite Member
San Antonio
Trading Experience: Advanced
Platform: NinjaTrader Interactive Brokers
Broker/Data: Interactive Brokers
Favorite Futures: forex
Posts: 45 since Oct 2010
Thanks: 0 given, 116 received

? for Jack Schwager

Who he thought was the best Currency trader he knew, and any associated insights as to why?

Reply With Quote
  #77 (permalink)
Elite Member
Como Italy
Trading Experience: Intermediate
Platform: Ninjatrader, customized
Favorite Futures: ES
Posts: 526 since Feb 2010
Thanks: 471 given, 635 received

Given your access to all these great traders, have you become a market wizard yourself? If yes, how have your interviews helped you, and if not, why not?

Reply With Quote
The following user says Thank You to futuretrader for this post:
  #78 (permalink)
Trading Apprentice
Boston, Massachusetts
Trading Experience: Intermediate
Platform: -
Favorite Futures: -
Posts: 1 since Jun 2012
Thanks: 0 given, 0 received

Is there a particular trader or money manager you would've really liked to interview and get into what makes him tick, but for some reason haven't been able to so far?

Reply With Quote
  #79 (permalink)
Elite Member
Barcelona, Barcelona, Spain
Trading Experience: Intermediate
Platform: NinjaTrader, TWS
Broker/Data: IB - AMP/CQG
Favorite Futures: Futures, Options
DaveTrading's Avatar
Posts: 40 since Oct 2010
Thanks: 584 given, 49 received

Q for Jack

Q for Jack: Do you think that for every one (new or "old" traders) it could be a good thing to speak/interview successful traders as you did?
And if yes, is that in order to improve primarily your psychological or technical skills (or other)?
Thank you.

Reply With Quote
  #80 (permalink)
Trading Apprentice
birmingham, al
Trading Experience: Advanced
Platform: Multicharts
Favorite Futures: Index Futs
Posts: 18 since May 2012
Thanks: 11 given, 6 received

Thank you Mike & Mr. Schwager.

Reply With Quote
The following user says Thank You to eacherlunch for this post:


futures io > > > Webinar: Jack Schwager of Market Wizards

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

Journal Challenge $1600 in Prizes & Free Journalytix for all participants!


3 Excellent Entries, and How To Automate Them w/Kevin Davey

Feb 21

The Driving Force Behind the Market w/Earn2Trade

Mar 5

TBA w/Stage5 & iSystems

Mar 12

TBA w/John Grady @ No BS Day Trading

Mar 19

Day Trading Oil Futures: Reducing Risk & Increasing Profits w/DTN IQFeed

Mar 26

Similar Threads
Thread Thread Starter Forum Replies Last Post
Renaming the Market Wizards user title Big Mike Feedback and Announcements 35 January 20th, 2013 03:41 PM
Hedge Fund Market Wizards: Covel Interviews Schwager mrphr Psychology and Money Management 5 November 6th, 2012 02:59 PM
Jack Hershey Method tabrun Traders Hideout 1 November 19th, 2011 09:29 AM
Market Wizards of BMT Big Mike Feedback and Announcements 0 December 12th, 2009 08:28 AM

al brooks, algo, algo trading, algos, amp, arbitrage, average, brokers, buy, data, discretionary trading, dom, dow, el, elite, ema, es, exit strategy, financial markets, futures, futures markets, global futures, guru, hft, high frequency trading, in the zone, indicator, indicators, information, institutional, journal, long term, margin, orders, portfolio, profitable, psychology, quantitative, ray dalio, research, risk control, search, short, short term, sim, sim_trading, slippage, sp, spread, standing, stock market, strategies, strategy, successful trader, support, systems, tick, trade system, trading, trading method, trading system, trends, type, university, van tharp, volatility, volume, webinar, webinars, zenfire

All times are GMT -4. The time now is 03:23 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2019-02-20 in 0.24 seconds with 15 queries on phoenix