078: Jack Schwager – The Making of Market Wizards, and Wisdom From Elite Traders
Chat With Traders
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The Importance of Sacrifice in Trading
Traders often make significant sacrifices to get to where they are. Can you think of any examples of great sacrifices made by some of the wizards that enabled them to succeed in trading? I don't know if it sacrifices basically they, in a case somebody like Marcus, who spoke about, he kind of lost all his money more than one time. The most extreme case I ever came across was John Bender, unfortunately died at a very early age. But Bender was a brilliant, brilliant trader, an options trader. He would typically almost always stay up for the European session, trade options there,. and quite frequently continue on an untrained US session.
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