期货市场理论与实务4.pptVIP

114. Repeatedly reevaluate your open positions. Keep asking yourself: would I put my money into this if it were presented to me for the first time today? Is this trade progressing toward the ending position I envisioned? 反复地重新衡量你的持仓头寸。不断地问自己：如果这是我今天第一次才看到的，我会投钱进去吗？这手交易是不是在向我想象的方向发展？ 115. It is a safe bet that the money lost by (short term) speculation is small compared with the gigantic sums lost by those who let their investments “ride”. Long term investors are the biggest gamblers as after they make a trade they often times stay with it and end up losing it all. The intelligent trader will . By acting promptly—hold losses to a minimum. 可以这么说，比起那些让他们的投资“随波逐流”的人所损失的巨额款项来，（短线）的投机所损失的还是小数目。长线投资者在进入交易之后，常常待着不走而最终全都输掉。在这种意义上，他们是最大的赌博者。智慧的交易者，通过及时采取行动，把损失限制在最小的范围内。 116. As a rule of thumb good trend lines should touch at least three previous highs or lows. The more points the line catches, the better the line. 实际经验证明，一条可信的市场动向曲线应当至少三次碰到先前的高峰点或低谷点。一条曲线能抓住的接触点越多，这条曲线就越可信。 … 期货投机与套利 投机 交易和成功风险管理的125条箴言 117. Volume and open interest are as important to the technician as price. 对技术分析来说，交易量和持仓量同价格一样重要。 118. The clearest and easiest way to determine a trend is from previous highs and lows. Higher highs and higher lows mark an uptrend, lower highs and lower lows mark a downtrend. 确定市场动向的最清楚和最容易的方法是根据旧高和旧低。高于旧高和旧低标志着向上的走向，低于旧高和旧低标志着朝下的走向。 119. Don’t sell a quiet market after a fall because a low volume sell－off is actually a very bullish situation. 不要在一个刚经过跌落的安静的市场里卖。因为低流量的跌市实际上是一个非常看多的处境。 120. Prices are made in the minds of men, not in the soybean field: fear and greed can temporarily drive prices far beyond their so called real value. 价格是在人的头脑里订出来的，而不是在大豆田里订出来的。恐惧和贪婪可以把价格暂时推到远离所谓的实际价格之外。 121. When the market breaks through a weekly or monthly high, it is a buy signal. When it breaks through the previous weekly or monthly low, it is a sell signal. 当市场穿过一个星期或一个月的高位时，这是买的信号。当它穿过前一星期或前一月低位时，这是卖的信号。 … 期货投机与套利 投机 交易和成功风险管理的125条箴言 122. Every