【成功好比一張梯子，“機會”是梯子兩側的長柱，“能力”是中間的橫木。只有長柱沒有橫木，梯子沒有用處。所以「具備“能力”+把握“機會”=成功。」 ----狄更斯】
「投資界交易經典」電子書-中英文CW版 連載↓↓↓
編譯：CopyWinner富智贏家-Smith Pan
THE
BEST TRADING ADVICE
FROM 25 TOP TRADERS
25位頂級交易大師的”交易忠告”：第12位 Jesse Livermore傑西·利弗莫爾
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Quotations：大師語錄
Emotional control is the most essential
factor in playing the market. 情緒控制是在市場打滾浮沉中的最重要因素。
- JESSE
LIVERMORE傑西·利弗莫爾
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Jesse Lauriston Livermore (July 26, 1877 –
November 28, 1940), also known as the Boy Plunger and the Great Bear of Wall
Street, was an American stock trader. He was famed for making and losing
several multi-million dollar fortunes and short selling during the stock market
crashes in 1907 and 1929. 傑西·李佛摩（1877年7月26日 - 1940年11月28日），也被稱為冒失男孩柱塞和華爾街的大熊，是美國股票交易員。他是著名的事績，是分別在1907年與1929年間股市崩潰時期，輸了幾數百萬美元的財富和大賣空操作。
Wall Street never changes . The pockets
change, the suckers change, the stocks change, but Wall Street never changes
because human nature never changes . 華爾街永遠不會改變。改變是人們口袋裡鈔票的變化，獃子們財富的變化，股票價值的變化，但華爾街永遠不會改變，因為人性永遠不會改變。
The stock market is never obvious . It is designed
to fool most of the people, most of the time . 股市從來都不是顯而易見的。大部分時間，它被設置來愚弄大多數人。
The game of speculation is the most
uniformly fascinating game in the world .
But it is not a game for the stupid, the mentally lazy, the person of
inferior emotional balance, or the get-rich-quick adventurer . They will die
poor . 預測的遊戲是世界上統合一致的最迷人遊戲。但它不是愚蠢的遊戲，對於那些精神懶散、情緒低劣水平的人，或者企求一夕暴富的冒險者。他們這些人終會導致一貧如洗。
The only thing to do when a person is wrong
is to be right, by ceasing to be wrong .
Cut your losses quickly, without hesitation . Don’t waste time . When a stock moves below a
mental-stop, sell it immediately . 當一個人是錯的唯一要做的就是對的，通過停止這個錯誤。毫不猶豫且迅速地減少你的損失。不要浪費時間。當一隻股票低於移動一個心理上的停損關卡價位，那麼，請立即把它賣掉平倉了結。
Play the market only when all factors are
in your favor . No person can play the
market all the time and win . There are times when you should be completely out
of the market, for emotional as well as economic reasons . 在市塲上，當所有的因素都對你有利之時進塲。沒有任何人可以佇足在所有的市塲時間週期並且贏利。為了調整情感上和經濟上的原因，有些時候，你應該完全退出市場休養生息。
Emotional control is the most essential
factor in playing the market . Never
lose control of your emotions when the market moves against you . Don’t get too
confident over your wins or too despondent over your losses . 情緒管理是在進入市場時的最重要因素。當市場走勢對你不利，你的情緒管理仍然不會失控。面對你的贏利時請不要過於自滿，或者面對你的損失時也不過度沮喪。
All through time, people have basically
acted and reacted the same way in the market as a result of: greed, fear,
ignorance, and hope . That is why the numerical formations and patterns recur
on a constant basis . There is nothing new on Wall Street or in stock
speculation . What has happened in the past will happen again, and again, and
again . 所有通過市塲時間的洗禮，人們基本上已經反應和市場的回饋反應是相同的源自於：貪婪，恐懼，無知和希望。這就是為什麼有關數值編列和圖案型態等市塲分析基礎下會持續不斷的復發。在炒股喧騰的華爾街裡還是沒有什麼新鮮事。在過去歷史曾發生事，今後將再發生，並且一而再的發生。
to be continued ...待續...
(下回连载25位頂級交易大師的”交易忠告”： 第13位Gerald Loeb杰拉爾德·勒布)
REFERENCES : joefahmy.com, prudent wealth.com,
wikipedia.org, finance.yahoo.com,
zerohedge.com
EditEd by brandon Clay布蘭登·克萊
( Chinese
translation & Editor中文翻譯&編輯者：CopyWinner富智贏家-Smith Pan)
CopyWinner富智贏家-(每天發佈)最新外匯新聞數據消息http://www.a102s.com/news/211-copywinner.html
