A surprising percentage of the Market Wizards blew up at some relatively early point in their careers. They were immersed in markets and aggressive in their pursuit of opportunity and their eagerness and ambition led them over their skis. What was noteworthy among these expert traders--Paul Tudor Jones in the first Wizard book is a great example--is their resilience and their ability to learn from defeat. The losses stung, but the successful traders did not allow the losses to define or control them. They began their comeback in relatively short order. They did not lose their belief in themselves, and they did not ... (full story)