Market Wizards: The Next Generation: The world's top young traders reveal how they beat the market

by Jack D. Schwager, George F. Coyle

The Market Wizards are back!

Market The Next Generation continues in the three-decade tradition of the hugely popular Market Wizards series, interviewing exceptionally successful traders to learn how they achieved their extraordinary performance results.

The twist in this latest instalment is that the featured traders have the youngest average age of any book in the series. Despite their relative youth, these traders have achieved performance records that rank among the very best Market Wizards of all time.

The stories

A musician who dropped out of school to pursue a trading career and whose current cumulative profits total nearly $500 million.A security guard turned trader who parlayed $5,000 into over $100 million in under 12 years.A volunteer firefighter who has not had a single losing month in over 10 years of trading.
World-renowned author and trading expert Jack D. Schwager joins forces with seasoned hedge-fund manager and trading historian George F. Coyle to uncover the secrets of today’s top traders. Their knowledgeable and incisive interview style encourages the Wizards to reveal the fascinating details of their training, experience, tactics, and strategies, as well as their best and worst trades. There are dashes of humour and revelations about the human side of trading throughout.

The result is an engrossing new collection of trading wisdom, brimming with insights that can help all traders improve their trading process.

429 pages, Kindle Edition

Published June 9, 2026

About the author

Jack Schwager is a recognized industry expert in futures and hedge funds and the author of a number of widely acclaimed financial books. He is currently the co-portfolio manager for the ADM Investor Services Diversified Strategies Fund, a portfolio of futures and FX managed accounts. Previously, Mr. Schwager was a partner in the Fortune Group, a London-based hedge fund advisory firm, which specialized in creating customized hedge fund portfolios for institutional clients. His prior experience includes 22 years as Director of Futures research for some of Wall Street’s leading firms and 10 years as the co-principal of a CTA.

Mr. Schwager has written extensively on the futures industry and great traders in all financial markets. He is perhaps best known for his best-selling series of interviews with the greatest hedge fund managers of the last two decades: Market Wizards (1989), The New Market Wizards (1992), and Stock Market Wizards (2001). The latest book in the series, Hedge Fund Market Wizards is due to be released in May 2012. Mr Schwager’s first book, A Complete Guide to the Futures Markets (1984) is considered to be one of the classic reference works in the field. He later revised and expanded this original work into the three-volume series, Schwager on Futures, consisting of Fundamental Analysis (1995), Technical Analysis (1996), and Managed Trading (1996). He is also the author of Getting Started in Technical Analysis (1999), part of John Wiley’s popular Getting Started series.

Mr. Schwager is a frequent seminar speaker and has lectured on a range of analytical topics including the characteristics of great traders, investment fallacies, hedge fund portfolios, managed accounts, technical analysis, and trading system evaluation. He holds a BA in Economics from Brooklyn College (1970) and an MA in Economics from Brown University (1971).