299 · Michael Martin - Intersection of Emotional Intelligence and Tactics
2025/5/14
Chat With Traders
I
Ian
M
Michael Martin
T
Tessa
Michael Martin: 我意识到即使开始盈利，由于过去缺乏财富经验，我仍然难以信任这种财务上的富裕。我害怕失去这些财富，并且清楚这完全是我的责任。我努力避免自大和自满，因为我明白交易的成功并非仅仅依赖于智力，更重要的是运用有效的交易策略。交易对我而言，是在可承受的范围内增加风险，而风险单位的确定则需要根据个人情况进行。我必须自己摸索出正确的头寸规模，并在亏损时严厉反思，因为交易就像生活中的其他经验一样，需要不断实践和学习。
Michael Martin: 我早期的目标是将账户从小额资金迅速增长，这促使我寻求杠杆效应。我能看到人类行为的模式，并利用数学计算来评估风险。我认识到，如果闻到烟味，就必须立即采取行动，因为期货交易的损失潜力是无限的。我努力避免因短期回调而被踢出交易，并开发了一种渐进式的风险敞口策略，以便在市场朝着有利方向发展时，立即将保护性止损设在盈亏平衡点。我坚持这一系统，并不断调整止损，以确保风险始终在可控范围内。我明白交易是一场期望值的游戏，而不是关于准确性或总是正确，所以我能够接受风险，并在情感上适应这一点。
Deep Dive
Michael Martin, raised in a hardworking blue-collar community, shares his journey from various blue-collar jobs to Wall Street, his foray into commodities trading, and the eventual establishment of his own CTA firm. He emphasizes the importance of hard work, resourcefulness, and being in the right place at the right time.
- Early jobs included cutting grass, caddying, and waiting tables.
- Exposure to financial markets through a work-study program developing seasonal models for energy markets.
- Transition to Wall Street, managing commodity accounts.
- Realization of higher earning potential through incentive fees.
- Starting his own CTA firm after three years at a brokerage firm.
- Emphasis on learning from experience and avoiding an MBA.
Shownotes Transcript