……交易，给商誉和非物质资源定价的现实难题……？就算没有彻底推翻弱式有效市场假说（weak EMH），至少也给强式 EMH 蒙上了阴影。或者说理应如此。建议也读读 John Carter 的《Mastering the Trade》，里面有一些如何可靠利用 market inefficiencies（市场无效性）的例子。据说（在维基百科看到的，所以我没那么确信）在强式 EMH 下，市场崩盘被认为是绝不可能发生的（而且……
…trading, the very real problem of pricing goodwill and non-material resources...? If not undermining weak EMH, at least they cast doubts over the strong forms. Or they should. Do also read John Carter's Mastering the Trade for some examples on how market inefficiencies can be exploited reliably. Supposedly (seen in Wikipedia, so I'm not that confident) market crashes are interpreted to be impossible under strong EMH (and…
……推荐。我发现大部分讲 algo trading 的书都大同小异，无非是提醒你提防 curve fitting（过拟合）等等。它们欠缺的是没法帮你构思出实际的 trade。我推荐 John Carter 写的《Mastering the Trade》。他给出了自己真金白银用过的 trade setup。这些现在可能已经不赚钱了，但这是你能接触到的、最接近真正学习各种 day trading 技术的东西了，而且你……
…recommendations. I found most of the algo trading books are similar, telling you to watch out for curve fitting, etc. Where they lack is helping you come up with actual trades. My recommendation is a book called "Mastering the Trade" by John Carter. He gives out trade setups that he actually used. They may no longer be profitable, but it's the closest thing you can get to actually learning various day trading techniques, and you…
……“打到止损位（stops）的位置然后反转”。他们这么做并不是因为有什么邪恶的幕后黑手，而是因为这就是市场的自然运作状态。我强烈推荐阅读 John Carter 的《Mastering the Trade》——这是市面上最好的书之一，用通俗易懂、连非交易员都能理解的方式解释了市场为什么会这么走。
…move to where the stops are and then reverse". They don't do it because of nefarious secret masters, they do it because that is the natural state of operation of a market. I strongly recommend reading Mastering the Trade by John Carter - it's one of the best books out there to explain why markets act they way they do in a clear and easily understood way that makes sense to non-traders.
关于交易和投资（投资做对了其实就是慢速交易），我读过最好、最实用的书是这几本：John Carter 的《战胜交易》（Mastering the Trade）；William O'Neil 的《如何在股市中赚钱》/《如何做空赚钱》；Brett Steenbarger 的所有书。
The best and most useful books I've read on trading and investing (= slow trading if done right) are these: Mastering the Trade - John Carter How to Make Money in Stocks / How to Make Money Selling Short - William o'Niel Anything by Brett Steenbarger
……《Trading and Exchanges》（Larry Harris）
不错的进阶读物：《金融怪杰》（Market Wizards）全系列（Jack Schwager）
心理学：《交易心理分析》（Trading in the Zone，Mark Douglas）、《The Nature of Risk》（Justin Mamis）
少点理论，偏实操：《Mastering the Trade》（John Carter）
融会贯通：《How to Buy》（已绝版）和《When to Sell》（均由 Justin 和 Robert Mamis 所著；略微过时，但绝对 100% 值得一读）。
其中有些书“死贵”。但哪怕……
…Exchanges (Larry Harris) Good follow ups: All the Market Wizards books (Jack Schwager) Psychology: Trading in the Zone (Mark Douglas), The Nature of Risk (Justin Mamis) Less theory, more practical: Mastering the Trade (John Carter) Putting it all together: How to Buy (out of print) and When to Sell (both Justin and Robert Mamis; slightly outdated but 100% worth reading.) Some of these books are "expensive." But even…
……交易，给商誉和非物质资源定价的现实难题……？就算没有彻底推翻弱式有效市场假说（weak EMH），至少也给强式 EMH 蒙上了阴影。或者说理应如此。建议也读读 John Carter 的《Mastering the Trade》，里面有一些如何可靠利用 market inefficiencies（市场无效性）的例子。据说（在维基百科看到的，所以我没那么确信）在强式 EMH 下，市场崩盘被认为是绝不可能发生的（而且……
…trading, the very real problem of pricing goodwill and non-material resources...? If not undermining weak EMH, at least they cast doubts over the strong forms. Or they should. Do also read John Carter's Mastering the Trade for some examples on how market inefficiencies can be exploited reliably. Supposedly (seen in Wikipedia, so I'm not that confident) market crashes are interpreted to be impossible under strong EMH (and…
……推荐。我发现大部分讲 algo trading 的书都大同小异，无非是提醒你提防 curve fitting（过拟合）等等。它们欠缺的是没法帮你构思出实际的 trade。我推荐 John Carter 写的《Mastering the Trade》。他给出了自己真金白银用过的 trade setup。这些现在可能已经不赚钱了，但这是你能接触到的、最接近真正学习各种 day trading 技术的东西了，而且你……
…recommendations. I found most of the algo trading books are similar, telling you to watch out for curve fitting, etc. Where they lack is helping you come up with actual trades. My recommendation is a book called "Mastering the Trade" by John Carter. He gives out trade setups that he actually used. They may no longer be profitable, but it's the closest thing you can get to actually learning various day trading techniques, and you…
……“打到止损位（stops）的位置然后反转”。他们这么做并不是因为有什么邪恶的幕后黑手，而是因为这就是市场的自然运作状态。我强烈推荐阅读 John Carter 的《Mastering the Trade》——这是市面上最好的书之一，用通俗易懂、连非交易员都能理解的方式解释了市场为什么会这么走。
…move to where the stops are and then reverse". They don't do it because of nefarious secret masters, they do it because that is the natural state of operation of a market. I strongly recommend reading Mastering the Trade by John Carter - it's one of the best books out there to explain why markets act they way they do in a clear and easily understood way that makes sense to non-traders.
关于交易和投资（投资做对了其实就是慢速交易），我读过最好、最实用的书是这几本：John Carter 的《战胜交易》（Mastering the Trade）；William O'Neil 的《如何在股市中赚钱》/《如何做空赚钱》；Brett Steenbarger 的所有书。
The best and most useful books I've read on trading and investing (= slow trading if done right) are these: Mastering the Trade - John Carter How to Make Money in Stocks / How to Make Money Selling Short - William o'Niel Anything by Brett Steenbarger
……《Trading and Exchanges》（Larry Harris） 不错的进阶读物：《金融怪杰》（Market Wizards）全系列（Jack Schwager） 心理学：《交易心理分析》（Trading in the Zone，Mark Douglas）、《The Nature of Risk》（Justin Mamis） 少点理论，偏实操：《Mastering the Trade》（John Carter） 融会贯通：《How to Buy》（已绝版）和《When to Sell》（均由 Justin 和 Robert Mamis 所著；略微过时，但绝对 100% 值得一读）。 其中有些书“死贵”。但哪怕……
…Exchanges (Larry Harris) Good follow ups: All the Market Wizards books (Jack Schwager) Psychology: Trading in the Zone (Mark Douglas), The Nature of Risk (Justin Mamis) Less theory, more practical: Mastering the Trade (John Carter) Putting it all together: How to Buy (out of print) and When to Sell (both Justin and Robert Mamis; slightly outdated but 100% worth reading.) Some of these books are "expensive." But even…