一個有經驗的交易員，未來發展是什麼 - 財經

週末上午起個大早閒閒沒事 @@ 又生病中不能出去外面跑
又正好昨天看到期貨板有人在鼓吹說每天當沖賺太少不如多背幾個
英文單字 @@ 於是花了點時間把這篇仔細研讀... 想說順便翻譯
出來好了... 翻得不好或錯誤的地方請各位先進多多指教 @@




: http://en.wikipedia.org/wiki/John_D._Arnold
: John Douglas Arnold, born in 1974, is an American hedge fund manager,
: specializing in natural gas trading. His firm, Centaurus Advisors, LLC, is a
: Houston-based hedge fund that specializes in trading energy products.
: 這裏的manager = 實際上的董事長,因為它是個LLC公司.


約翰道格拉斯阿諾，生於 1974 年，是美國一家對沖基金(避險基金)經理，
專精於天然氣交易。他的公司 "人馬座投資顧問有限公司" 總部位於休士頓，
專門從事能源商品交易。


: After graduating from Vanderbilt University, he began his career as a trader
: at Enron. After initially working on the Crude Oil desk, Arnold moved over to
: the Natural Gas Desk upon the departure of Jeff Bussan. Using their new
: Internet-based trading network, EnronOnline, he is credited with making three
: quarters of a billion dollars for Enron in 2001 and was rewarded with an $8
: million bonus.[1][2] One of his former colleagues dubbed him "the king of
: natural gas."[3]


從范德比爾特大學畢業之後，他以進安隆擔任交易員展開職場生涯。起初是在
原油部門，在天然氣部門的傑夫布松離職後，阿諾進入了該部門。利用新架設
的 "安隆線上"，一套以網際網路為基礎的交易網路，他在 2001 年幫公司賺了
超過七億美元，不但建立了自己的名聲也讓自己得到八百萬美元的分紅獎賞。
一位同事稱他為 "天然氣之王"。


: During August 2008, Centaurus acquired around 10% of the shares of National
: Coal Corporation (NCOC).[9]


在 2008 年八月間，阿諾的人馬座公司取得了 NCOC 約百分之十的股份。


: John D. Arnold recently made a rare public speech to the CFTC (U.S. Commodity
: Futures Trading Commission), in which he opposed limits on financially
: settled trading positions but supported limits in the physical energy futures
: as they near expiration. As Arnold told the CFTC (in one of the few
: statements he made that wasn't steeped in trading jargon), "I try to buy
: things whenever they're trading below what [our] analysis shows to be fair
: value and sell things whenever our analysis shows that the forward curve is
: higher than our analysis of fair value." [10][11][12]


約翰道格拉斯阿諾最近罕見的在美國商品期貨交易委員會舉行了一場公開
演講，演說中他表示反對對於財務結算的商品期貨部位設限，但是他也支持
對於實體結算的能源期貨部位，在接近結算的時候設限。阿諾告訴 CFTC，
(這是少數幾句他不是用交易員的行話說出的句子) "我會嘗試在我們的研究
分析顯示市場上正在成交的價格低於合理價格時買進，並且在遠期價格曲線
高於我們的分析所認為的合理價格時賣出。"

（在這邊本篇原po個人猜測，財務結算應該就像我們的台指期一樣是指現金
交割，實體結算是指像芝加哥活牛交易那樣用實物交割 @@）


: In Forbes magazine's 2010 list of The World's Billionaires, John Arnold
: ranked 212, with a net worth of $4 billion.
: In 2009, John Arnold is believed to have made 900 million dollars.[13]


在富比士 2010 年的世界富豪排行榜上，約翰阿諾名列第 212 位，身價四十
億美元。

據信約漢阿諾於 2009 年賺了九億美金。


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