Sunday, April 22, 2012

Famous Trader Martin Schwartz

Martin S. Schwartz, known in the stock trade as Buzzy, is a formidable day trader who serves as example to virtually all aspiring stock traders. His first year as an independent stock trader netted him $600,000; he doubled this figure in the following year. Schwartz is quoted as revealing that he used to make about $70,000 per day trading, and on one day he actually netted several million dollars. 


Martin Schwartz began his career with an education from Amherst College and later on Columbia University. After a stint in the United States Marine Corps, he went to work as a financial analyst for E.F. Hutton. Once he saved up $100,000, he quit and used the money to buy himself into the American Stock Exchange as an active but independent trader.


Before long this highly successful businessman found himself addicted to the heady thrill of buying and selling at lighting speed, and nearly sacrificed his health and life in the process. 


We could never learn to be brave & patient, if there were only joys in the world. -Helen Keller