Practical Speculation

The followup to his critically and commercially acclaimed book The Educationof a Speculator Wiley 0471137472 has finally arrived. Adventures inSpeculation conti... » 

The followup to his critically and commercially acclaimed book The Educationof a Speculator Wiley 0471137472 has finally arrived. Adventures inSpeculation continues the story of a true market legend who ran a hugelysuccessful futures trading firm that had annual returns of over thirty percentuntil unforeseen losses forced him to close operations. Like a Phoenix risingfrom the ashes Niederhoffer returns to the world of trading stocks futuresand options with a new colleague and a new approach. With an inside look atrisk and survival this book offers readers a compelling and inspiring story ofhow this top trader reinvented himself. «