![]() He just said "fuck it" and decided to be a total degenerate and sell premium with OPM. ![]() ![]() Marty lost his info edge decades ago, he probably realized his Magic T System was total shit in the last 20 years. I think his system is nothing but a bunch of oscillators that he calculated by hand even after the mass consumer availability of Personal Computers. An investment in a Martin Schwartz product involves significant investment consideration and risk that are described in each offering memorandum, Information statement or Prospectus. Good luck getting any specifics on his "Magic T System" in his books or from listening to his former CME broker (that Mr. He actually thought his "Magic T System" had an edge. He received national attention when he won the U.S. He traded with OPM and when things got rough he went back to the inside info-well from his network of contacts that he built at the AMEX. Schwartz (Buzzy, born March 23, 1945) is a Wall Street trader who made his fortune successfully trading stocks, futures and options. Marty also drank some of his own kool-aid and believed he could trade. He basically admits it in his book but instead refers to this info as "stock tips". << influenced by Michael Marcus, who told him that you have to be willing to make mistakes regularly there is nothing wrong with it. he revealed to me his technique, it was to sell rallies and buy back on dips in the stock market. Trader in the interbank currency and futures markets. Remember the only guy who could keep up with him and even out perform Marty A trader named Frankie Joe. Marty Schwartz has always leveraged inside information back when it was easier to obtain (for him) and worth more. Discussion in Educational Resources started by martys, Apr 21. He is not doing anything trading related now. He wound up bankrupt and is now currently selling low-end IT security to small businesses. The moment that went away in the pits, Lewis had a couple of losing years and then decided to screen trade only. Some would argue on the legality and ethics of how he got that info of what paper (brokers who traded for institutions) was doing. Disc 8: Interview with Marty Schwartz: Champion Trader. In Market Wizards, the first book of the series, Schwager interviewed Marty Schwartz, a short-term technical trader who had run a 40,000 account into over 20 million while never realizing a. Lewis had an information edge in the S&P pits. This interview CD 8 of 12 contains the discussion with Marty Schwartz. Lewis Borsellino and Marty Schwartz have a few things in common. Thorpe, Mark Strome, Mark Minervini, David Ryan, Doug Kass, Sheen Kassouf, Marty Schwartz, Frankie Joe, Tom.
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