The legendary woman who was reborn from the ashes

Chapter 91: Growth Experience from Loss to Profit

In the vast financial sky, those shining trading champions are like bright stars. Their light penetrates the fog of the market and leads countless traders forward.

These champions were not born brilliant, but they have gone through the baptism of major competitions and achieved remarkable achievements with their outstanding performance.

In every trading competition, these trading champions are like warriors in the arena, they plan and win thousands of miles away. They not only show superb trading skills, but also rely on extraordinary courage and tenacity to overcome all obstacles and finally ascend to the throne of champion.

Take Larry Williams as an example. This trading master, known as the "father of ultra-short-term trading", has stood out in many major competitions with his precise judgment and quick response.

His unique short-term trading skills enable him to capture market fluctuations in a short period of time and thus obtain huge profits.

Larry Williams' trading philosophy is not only reflected in his operations, but also in his deep understanding of the market and his flexible use of trading strategies.

And the world's trading master, Andre Unger, won wide acclaim in the competition for his steady trading style and deep psychological insights.

He emphasizes the cultivation and improvement of trading psychology, and believes that a stable mentality and emotional control are the keys to successful trading. He is good at observing market changes and capturing market sentiment, so as to make accurate trading decisions.

The success of these trading champions is not accidental. Every victory they achieve in the market is a perfect combination of their solid knowledge base, rich practical experience and unique trading ideas.

Their success not only provides valuable experience and inspiration for the majority of traders, but also inspires more traders to pursue their dreams and become the next bright star shining in the financial sky.

Faced with the ups and downs of the financial market, traders must develop impeccable psychological qualities and excellent emotional management skills.

When the market fluctuates violently and countless investors panic, true trading masters are able to maintain a calm, objective and rational mind like still waters.

They will not let the hustle and bustle of the market erode their decision-making, but will be able to clearly understand market dynamics and make rational judgments based on them.

Larry Williams and Andre Unger are examples of such champions. Their performance in the trading field is not only amazing, but also highlights the qualities and abilities required to be an outstanding trader.

These champions all have a unique trading philosophy and strategy that, although different, all focus on core elements such as market analysis, risk management, capital allocation and trading psychology.

They are well aware that only by comprehensively improving their skills in this area can they stand out in the fierce market competition.

However, we also need to realize that not all traders are suitable for the competition stage. Every trader has his or her own characteristics and expertise, and some may be more suitable to hone their skills and accumulate experience in actual combat.

We should not regard trading competitions as the only measure of whether a trader is good or not.

However, whether or not we participate in the competition, we can all draw wisdom and strength from the success stories of these champions. We can learn how they deeply analyze the market and grasp trends; how to carefully manage risks and reasonably allocate funds;

We can also learn how they cultivate their inner self and maintain a peaceful state of mind. Their experience tells us that trading is not only a contest of wisdom, but also a spiritual practice.

The trading champions who emerged in the competition set a brilliant example for us. Their successful experience and trading wisdom provide us with valuable inspiration and reference.

Let us take them as role models, constantly hone our trading skills and qualities, and display our talents and dreams in the vast world of the financial market.

At the same time, we must maintain an open and humble attitude, constantly learn new knowledge, explore new paths, and adapt to this ever-changing market. Only in this way can we become more stable and exciting on the road of trading.

Martin Schwartz, a legendary figure who broke free from frequent losses and eventually won the US Trading Championship nine times, his experience is like a magnificent epic, full of twists and turns and miracles.

Schwartz, a veteran trader who has been working in the futures and stock markets for decades, has won the U.S. Investment Competition podium ten times, nine of which he won the championship. The only time he failed to win the championship was when he was runner-up by a hair's breadth.

With his amazing trading talent and unremitting efforts, he achieved a brilliant record of an average investment return rate of 210%, and once shocked everyone with an astonishing return rate of 781%.

Schwartz's trading journey was not smooth. At first, he used fundamental analysis as the basis for trading, but long-term practice caused him to suffer repeated losses and once on the verge of bankruptcy.

However, it was these setbacks that made him reflect on and change his trading strategy. He gradually turned to technical analysis, using a unique perspective to understand the market, and finally achieved a brilliant turnaround from loss to profit.

After countless days and nights of exploration and experimentation, Schwartz found a trading method that suits him. He firmly believes that every trader has a different personality and experience, and only by finding a trading method that perfectly suits him can he be invincible in the market.

His success also verifies this point: starting from the initial $4 to eventually accumulating a wealth of up to $2000 million, Schwartz proved his trading philosophy with strength.

On the road of trading, Schwartz knows the importance of managing risks and accepting losses. He warns traders to face their mistakes and failures bravely.

Because only by truly accepting reality can one learn valuable experience from it and continuously improve his trading strategy. His spirit of courage to face challenges and constantly seeking innovation and change has also become the key to his success.

Among Schwartz's trading principles, one is crucial: grasp the big trend. He is good at using tools such as moving averages to gain insight into the long-term trends of the market and make wise trading decisions.

It is this keen insight into the general trend and accurate judgment that enables him to always win in the ever-changing market.

What is even more commendable is that Schwartz chose to retire at the peak of his career. At the age of 48, he had earned enough wealth and resolutely decided to withdraw from the market and live a happy life.

Such open-mindedness and wisdom make people admire this legendary trader.

Martin Schwartz's legendary experience is not only a struggle full of twists and turns and miracles, but also a textbook on courage, wisdom and persistence. He interpreted the true meaning of trading with his own practical actions, and also provided valuable inspiration and reference for those who came after him.

With his superb insight, Schwartz is always able to accurately capture the subtle changes in market trends. Whether it is the undercurrent at the bottom or the turbulent top, he can see through it all.

He knows very well that: "Going against the market trend is tantamount to being an enemy of one's own destiny. I will never easily go against the moving average." His strategy is like standing on the top of a mountain, overlooking the changing situation. No matter how turbulent the wind and clouds are, he can remain sober and calm.

Schwartz is a role model in fund management. He knows the importance of stop loss points, and once he makes a mistake in judgment, he will stop loss and exit without hesitation, never letting the loss continue to expand.

He often said: "In the face of money, self-esteem and face seem insignificant. Only stable profits are the hard truth." This pragmatic and decisive attitude has enabled him to avoid many detours on the road of investment.

The empty mindset is another winning magic weapon for Schwartz. Every January, he resets himself to zero, as if he were a brand new pauper, starting from scratch and focusing only on new transactions. This mindset enables him to break free from the constraints of the past, look at the market from a new perspective, and discover more investment opportunities.

Schwartz is very particular about staying focused. He hates being disturbed by the outside world when trading independently, so he chooses to work quietly at home to avoid the hustle and bustle of the market.

This is also the reason why he finally gave up setting up a fund and focused only on operating his own funds. He believes that only by staying focused and independent can he better understand the nature of the market and make more wise investment decisions.

Schwartz also knows how to relax and enjoy life. After a period of continuous profit, he will give himself a day off as a reward to travel, exercise or simply spend quality time with his family. This combination of work and rest allows him to maintain a good mentality and state during his intense investment work.

From years of losses to continuous profits and then to a graceful retirement, Schwartz's investment journey is full of legends. His experience tells us: in the world of investment, there are no eternal winners or eternal losers;

As long as we remain calm, decisive, focused and relaxed, we can remain invincible in the tide of the market. I hope Schwartz's story can bring some encouragement and inspiration to investors who are at a low point, so that we can be more determined and confident in our future investment journey.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like