Book Review - Stock Market Wizards (revised ver)

One of the most striking ideas you get from the book are the different kinds of traders that are successful in their own methods namely, quant, arbitrager, high probabilities trader, information traders minus the fundamentalists.

Ideas:

High probabilities trade - if a trade work 85% of the time, and risk/reward 1vs1, u still win

Arbitrager - if different countries different treatment to dividend tax, arbitrage

Team - psychiatrist, analyst, trader (very interesting setup)

Lessons:

The importance of catalysts for movements in stocks

Setting goals even in amounts made