逐梦华尔街轶事（1）：让每个人都心碎的市场(ZT)

One day after lunch, Wen Ping was chatting with a trader working on the trading desk of MIB. The topic came to whether chartists can predict market directions and make money.

The trader suddenly said, "Do you know what is the market-making mechanism for those small to mid-size stocks that MIB is dealing with? It's to let everyone feels the pain. Computer can sum up all the open positions and find the maximal pain point. If they long positions, keep dropping prices; If they short, keep raising prices, till they give up and lose in the end. Only a few people can overcome this: those who have more money than us, and those who have more patience than us. No pain, no gain. That's it."

Being a novice then, Wen Ping was shocked and did not say anything for a little while.

=========

欢迎访问我的博客：

依据事实数字，把握市场脉搏，运筹金融世界。

http://murmuronhudson.blogspot.com/

http://blog.wenxuecity.com/myindex.php?blogID=48731

我在文学城的群组：

http://groups.wenxuecity.com/groupview.php?gid=1151

所有跟帖： 

• 还真有被吓傻的人. -mike369- ♀ (0 bytes) () 04/12/2012 postreply 12:36:59

• I like that "No pain, no gain." -SunshineInCA- ♀ (148 bytes) () 04/12/2012 postreply 13:05:25

• 你理解错了吧？他是说从他人的PAIN 上获GAIN。 -mike369- ♀ (0 bytes) () 04/12/2012 postreply 13:08:00

• 没理解错，写走题了，呵呵。 -SunshineInCA- ♀ (65 bytes) () 04/12/2012 postreply 13:15:02

• ！ -halfdummy- ♂ (0 bytes) () 04/12/2012 postreply 17:58:55

• 中文的还没写完全，来英文的了！ -Tianyazi- ♂ (0 bytes) () 04/12/2012 postreply 18:51:37

• 麻木不仁就不痛了. -雾里看花123- ♂ (0 bytes) () 04/12/2012 postreply 20:06:57

• Again been there done that -LaoWong- ♀ (226 bytes) () 04/13/2012 postreply 14:58:28

• 。。。 -halfdummy- ♂ (0 bytes) () 04/13/2012 postreply 16:34:18