
Trader: Ignore The ‘Druckenmiller Is Bearish’ Headlines
By Kevin Muir of “The Macro Tourist” fame; reposted here with permission
When I first cracked open Market Wizards by Jack Schwager as a pimply-faced teenager, I was mesmerized. Here were all these traders revealing the intricacies of their craft. I read it. And reread it. And then read it again. It set the course of the next three decades of my life.
I still have the dog-eared original version of the book.
I must confess that back then, much of the more sophisticated nuanced wisdom we