The Market Wizards are back! Unknown Market Wizards continues in the three-decade tradition of the hugely popular Market Wizards series, interviewing exceptionally successful traders to learn how they achieved their extraordinary performance results. The twist in Unknown Market Wizards is that the featured traders are individuals trading their own accounts. They are unknown to the investment world. Despite their anonymity, these traders have achieved performance records that rival, if not surpass, the best professional managers. Some of the stories include: - A trader who turned an initial account of $2,500 into $50 million. - A trader who achieved an average annual return of 337% over a 13-year period. - A trader who made tens of millions using a unique approach that employed neither fundamental nor technical analysis. - A former advertising executive who used classical chart analysis to achieve a 58% average annual return over a 27-year trading span. - A promising junior tennis player in the UK who abandoned his quest for a professional sporting career for trading and generated a nine-year track record with an average annual return just under 300%. World-renowned author and trading expert Jack D. Schwager is our guide. His trademark knowledgeable and sensitive interview style encourages the Wizards to reveal the fascinating details of their training, experience, tactics, strategies, and their best and worst trades. There are dashes of humour and revelations about the human side of trading throughout. The result is a engrossing new collection of trading wisdom, brimming with insights that can help all traders improve their outcomes.
Jack D. Schwager is a recognized industry expert on futures and hedge funds, and the author of the iconic Market Wizards series in which he interviewed many of the trading legends of our time. Previous books in the series include: Market Wizards (1989), The New Market Wizards (1992), Stock Market Wizards (2001), Hedge Fund Market Wizards (2012), and The Little Book of Market Wi...
- "找到了一种简单的趋势线分析方法，我现在还在用。是什么方法？我在寻找稳定的下降趋势，然后用一条线将各个高点连在一起。这与传统的趋势线有什么不同？我所看到的很多关于趋势线突破的建议说的都是突破一条水平的平顶线。我的趋势线能够让我提前进场，并在整个交易中占得先手。（诺伊曼实际上是在描述横向盘整水平线的向上突破，而不是下降趋势线的突破。诺伊曼使用的不是一种新型的趋势线，这一点可以从他的评论中推断出来。诺伊曼是在下降趋势线发生突破时买入的，而不是在横向盘整于低点附近形成后向上突破时买入。根据定义，后一个的价格信号会在更高的价位出现。）我想成为一个在股价突破下跌趋势线时买进股票的人。当股价在下跌趋势线上反"
- "我画一条下降趋势线来帮助决定在哪里买入股票一样，我通过画一条上涨趋势线来帮助决定在哪里卖出股票。当这个行业的龙头股跌破上涨趋势线时，即使一些小盘股还在上涨，我也会开始清空手里的股票。"
- "诺伊曼的核心交易具有以下特征：股票价格经历了大幅下跌，或者在接近低点的位置横向盘整。公司的服务或者产品具有相当大的潜力。某种催化剂能够促使价格止跌回升。某只股票属于诺伊曼认定的即将大涨的板块。他熟悉这种产品，而且经常自己试用。股票显示复苏的迹象——要么是在长期下跌后突然上涨或横盘整理，要么是在长期相对不活跃后成交量激增，或者两者同时出现。当大部分（不是全部）特征出现时，诺伊曼就会开始寻找突破点。因此，在下跌趋势线突破（可以把它想象成为最基本的技术信号之一）后买入这一看似简单的交易，其实是一种复杂的交易，你需要考虑一系列看起来合情合理的因素。还有一个重要的且与进场交易无关的因素可以解释诺伊曼是如"
- "吃惊的是，从长期的角度来看，诺伊曼成功的交易中有很多笔是完全错误的。3D打印类股票和Organovo的股票回吐了前期的全部涨幅，最终甚至下跌到诺伊曼第一次买入时的水平之下。Spongetech的股票被证明是一个骗局，这只股票其实一文不值。最重要的不是一只股票的长期走势，而是当你持有时它的走势。诺伊曼的进场和离场方法可以保护他不承受重大的损失，还能让他获得意外的收益。成功的交易在于熟练的资金管理（通过进场和离场的方法体现出来），而不在于预测市场。"
