Martin Schwartz is known for changing the initial capital of $ 70,000 to several million dollars. Due to health reasons, for each trading day, he finally just gave support trading his home in Florida.
Martin Schwartz began his education at Amherst College and later at Columbia University. After serving in the United States Marine Corps, he worked as a financial analyst for EF Hutton. Once savings reach $ 100,000, he resigned from his job and buy shares on the American Stock Exchange and became an active trader.
Schwartz became a powerful trader on the product options, futures and stocks. After 12 months of trading independently, it reported revenues of $ 600,000; a year later, a two-fold.
He followed the trading of U.S. Trading Championship competition in 1984. On the first day of competition, the results are fantastic. Spectacular trading results and beat the other participants in terms of trading profit.
It should be noted that in an interview in 1998 Schwartz alluded to the fact that the market - which is at an all time high, will be corrected down in time.
Martin Schwartz finally entered a period of addiction in the open position trading Buy and Sell the speed of light, and almost sacrifice the health and social life. Martin Schwartz gives his experience in trading in a book called "Pit Bull: Lessons from Wall Street's Champion Day Trader".
And now, for health reasons, he semi-retired from live trading and live in a house in Florida.
Education
Graduated from Amherst College in 1967 and also received an MBA from Columbia University in 1970.
Career
Served in the U.S. Marine Corps Reserve in 1968-73, finishing his commitment to the rank of Captain, after working several years he was regarded as dead-end job as a financial analyst at EF Hutton.
Martin is a trading style out of the market with a rush or a scalper. He manages his own funds and also manages the funds of others as well.