外匯交易警言(1)

除非有充分的理由，不要改變你在市場里的頭寸。每做一手交易時，你都要有可以依據的理由或者明確的計劃；此後，除非有明確的趨勢改變的迹象，不要退出。

19. Losses make the speculator studious--not profits. Take advantage of every loss to improve your knowledge of market action.

賠錢不能贏利，但能使投機者細心鑽研。抓住每一次賠錢的機會，改進你對市場行為的了解。

36. The real difference between winners and losers is not so much native ability as it is discipline exercised in avoiding mistakes.

成功者和失敗者之間的真正區別，與其說是天生的能力，還不如說是在避免錯誤中表現的有素的訓練。

37. The greatest risk for a commodity trader is to rely on hope alone. Never substitute hope for facts. The greatest loss is loss of self－confidence.

期貨交易商的最大的錯誤就是把一切都寄託在希望上。永遠不要用希望來取代事實。自信心的失落是最大的虧損。

38. You cannot perform very well for very long with your shoes nailed to the floor. In trading as in fencing there are the quick and the dead.

你不可能在原地不動而持久地表現出色。交易就像擊劍，不是快速運動，就是身敗劍下。

39. Remember Mark Twain: "only 10% of the people think. 10% think they think. The other 80% would rather die than think."

記住馬克·土溫說的："只有百分之十的人思考，百分之十的人認為他們思考，其餘百分之八十的人寧死也不願思考。"

40. The man who goes to the top as a commodity trader does not do as he pleases. He has trained himself to choose correctly between the two freedoms: the freedom to do as he pleases, and the freedom to do what he must do.

期貨交易高手做事不是隨心所欲。他把自己訓練得知道怎樣在兩種自由中作正確的選擇：隨心所欲的自由和非做不可的自由。41. Since there is always the possibility of surprise in thin, dead markets, less capital should be risked there than in markets which are broad and moving.

因為在窄小的、停滯的市場里總有出乎意料的可能，在這樣的市場里應該比在寬廣的、運動的市場里投入較少的資本來承擔風險。

42. Limit the risk in any one trade to a maximum of 10% and the risk in all open trades to a maximum of 25% of trading capital. (risk = pct of available capital). Determine this each day, adding profits and subtracting losses in open trades, and combine this net figure with your trading capital.

將你每一手交易的風險控制在百分之十以內。將你所有持倉的交易的總風險控制在最多不超過交易資本的百分之二十五（風險=可用資本的百分比）。每天對此加以計算，在持倉交易中加上盈利，減去虧損，再把這一數字同你的交易資本結合起來。

43. It does not take much capital to trade a market if one has knowledge and understanding. St. Paul said, "when I am weak I am strong."

如果你懂得和理解一個市場，做交易並不需要很多資本。聖保爾說過，"我在軟弱時則強壯"。

44. Speech may be silver but "Silence is Golden". Traders with the golden touch do not talk.

言談可能是銀子，可"沉默是金子"。有點金術的交易商稀於言談。

45. Common trading errors include: A) trading without good reasons. B) trading on hope rather than facts. C) overloading without regard for capital.

常見的交易錯誤包括：A、理由不充分的交易；B、基於希望多於事實的交易；C、與資本不相稱的超量交易。

46. "I like the short side of the market because there is usually less company". The mob is usually wrong. It is usually long.

"我喜歡市場看空的一邊，因為通常這里人要少一些"。蜂擁之衆通常是錯的，它通常是看多。

47. A fatal mistake made by the fundamental trader is to take small profits. This is the result of limited vision ??? extremes always seem silly to men of so called good judgment.

初學交易的人的一個致命的錯誤是稍有贏利就出手。這是目光短淺的結果--對所謂的明智的人來說，走極端總是愚蠢的。

48. Trade only when you have a good reason on an appraisal of fundamentals and using chart action for confirmation and timing of entry and exit.

只有當你根據基本面的分析作出估價，運用圖表行為加以證實，並策劃好入市和出市的時間，只有當這些加在一起為你提供了充足的理由時，再做交易。

49. Believe that "the big one is possible" --be there when it starts. Have the gross power to act, be rested mentally and physically, and finally let your profits run and cut your losses quickly.

相信"大的未必不可能"--一旦大的發生了，不至於手忙腳亂。讓綜合的力量自己行動，精神上和肉體上都休息充分，最終讓你的利潤滾動，迅速地砍掉你的損失。

50. Dream big dreams and think tall. Very few people set goals too high. A man becomes what he thinks about all day long.

 2/2  首頁 上一頁 1 2