巴黎交易員,一點都不偉大的交易

清晨7:32 Tom Shih 0 Comments

    這不是影評，是單純觀看這部影片後，一些抒發和感觸。電影蠻好看的，只是感概大眾對交易員的刻板印象還是那樣。在交易室裡鬼吼鬼叫，成天像賭博般的快速敲著鍵盤，頻繁的交易，領很高的薪水，瘋瘋癲癲，生活都是酒和脫衣舞孃，昂貴的餐廳和奢侈品。這些刻板印象或多或少受到金融業整體給人的印象，不過也是目前大眾對trader的感覺吧。



「真正的trader像是蛇，像是鱷魚，像是獵人。低調但致命。」

    電影的trader的確存在過，在某些時代還特別盛行這類的人，利用銀行和證券商極佳的設備，在極短的時間，頻繁的進出，賺取利潤。就算現下，也依然部分存在，但現在的trader，絕大多數，都必須依靠精密的數量分析，統計和資工只是基本，現在絕大多數的交易，全都是靠開發好的程式交易自動交易。

「而且越好的trader，心態應該是越沉穩。」

    電影裡的trader輕浮到我都覺得有點瞎。如果一個揹著幾百萬歐元部位的人，他吃飯還能這樣嘻嘻笑笑!? 如果他是天生就能承受如此大部位資金的人，那我也不相信他的個性會是這樣。我還是相信那句話：

「交易來自於人，你只有成為更好的人，才能做出更好的交易。」

    我一直在尋找，什麼是偉大的交易員，但偉大的交易員卻是來自自身的意義，或許這段文字可以更貼切真正的交易員，而不是電影演的那樣。


Great traders that we have had the pleasure to know and to be around, on exchange floors and on trade desks, had certain repeatable traits that all level traders can learn, or take something from;

1. Empathy and the ability to listen.
2. Faith in their own ability to get things done, if life and in work.
3. Humility, and a willingness to accept defeat as graciously as accepting success.
4. Desire to work towards, and not to just expect, having more success than defeat.

They listened more than they spoke.
They had two ears and one mouth and had learned to use them in the right proportion.
The ability to listen, either to a mentor, to your inner self, or to the market, is critical for success.

They had an undying faith and belief in their own ability, and accepted that most things that went wrong were probably outside of their control, because they planned their work. Their brutal honesty with themselves and with others allowed them to develop a faith in their own ability that was beyond the norm.

They were humble, and understood that they were not smarter, stronger, nor wiser than others;
they just knew that there were few others that had more faith in their own ability to follow something through and to achieve their goals.

They had faith that they could get it done, and humility to accept defeat; that is what defined them, and usually defines any great trader. The great ones in life, and on the floors, are the ones who are not susceptible to the negative influence of others, they have a goal, they have a plan, and they will get there. It may take time, they may fail along the way, but they just will not let things overwhelm them as they plot their course.

Successful traders have a plan that they refine, develop and test, and debrief on a daily basis. They share their plan as a work in motion, and not as the Holy Grail. A successful trader accepts that there is always something new to learn, and however good the plan is today, there will be the chance to improve it tomorrow.

Zig Ziegler says; "You are working with no plan? Why? Working without a plan is about as difficult as trying to come back from somewhere that you have never been". You will become profitable if you achieve success, but success rarely comes without a plan.

Success is not counted in cash; success starts with an inner faith, the ability to listen, and in having a plan. However, financial freedom only comes by following the plan.


    現在很多人因為對交易員的刻板印象，認為機械要取代交易員，機械可以很無情的作分析和執行，可以避免掉人性。我認為這是愚蠢的。數量化和機械化一定是未來的趨勢，一些像是電影裡的trader一定會漸漸被淘汰，但是事情遠不止這麼簡單。

「市場是人構成的，大家都使用AI，交易就像是世界大戰從石器時代變成二戰。」

    機械是無情的，但交易的還是人，當策略出現虧損時，不論是用多先進的數量技術產生的策略，都還是會考驗擁有者的心態，換言之也是使用這技術的交易員。AI是必然的趨勢，但金融交易的本質不會改變，依然是人性。