【永遠不要低估你改變自我的能力! 我雖走得很慢，但是我從來不會後退。(亞伯拉罕.林肯--美國總統)】
「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15位 William O’Neil威廉.奧尼爾
--------------------------------------------------------------------------------------------------------------
Quotations：大師語錄
Stop listening to and being influenced by
friends, associates, and the continuous array of experts’ personal opinions on
daily TV shows. 請勿聽從並勿受影響來自朋友、同事以及一連串日常電視節目專家等個人意見。
- WILLIAM
O’NEIL威廉.奧尼爾
---------------------------------------------------------------------------------------------------------------
William J. O’Neil (born March 25, 1933) is
an American entrepreneur, stockbroker and writer, who founded the business
newspaper Investor’s Business Daily and the stock brokerage firm William O’Neil
& Co. Inc. 威廉·奧尼爾（生於1933年3月25日）是美國的企業家，股票經紀人和作家，他創辦的著名商業報紙為投資者商業日報和股票經紀公司威廉·奧尼爾股份有限公司。
The most successful stocks from 1880 to the
present show that, contrary to most investors’ beliefs, P/E ratios were not a
relevant factor in price movement and have very little to do with whether a
stock should be bought or sold . 於1880年以來到現在，最成功的股票績效顯示，大相逕庭於大多數投資者信念，P/ E比率（註：Price to Earnings ratio本益比也稱“股價收益比率”）都不是市塲價格運動上的一個相關因素，況且，投資決策關注因素，亦不在於一支股票是否應該買入或賣出的選擇上。
Broad diversification is plainly and simply a hedge for ignorance…
The best results are usually achieved through concentration, by putting your
eggs in a few baskets that you know well and watching them very carefully . 廣泛的多樣化的投資策略，顯然是對市塲無知的對沖操作...最好的結果通常是通過集中實現的，例如你知道好好地把你的雞蛋放在幾個籃子裡，非常仔細地關注著他們。
If you buy a stock at $40, then buy more at
$30 and average out your cost at $35, you are following up your losers and
throwing good money after bad . This amateur strategy can produce serious
losses and weigh down your portfolio with a few big losers . 如果您在$40個買入一隻股票，然後購買更多的$ 30和$ 35美元攤平掉你的成本，你跟進你的失敗者，並在浪費錢。跟進幾個大輸家，這個業餘策略會產生嚴重的損失並下修你的投資組合表現。
Learn to read charts and recognize proper
bases and exact buy points . Use daily
and weekly charts to materially improve your stock selection and timing . 學會閱讀圖表和認識適當的投資題材基礎和確實的買入點位。並使用每日和每週圖表實質性改善你的選股和時機的功力。
Most people should not buy common stocks
for their dividends or income, yet many people do . 我認為投資這件事，不應該僅為了這家公司報表呈現的股息或收益而購買普通股，詎料，絕大部份眾人卻反其道而行。
Only buy stocks that have at least a few
institutional sponsors with better-than-average recent performance records, and
invest in stocks showing an increasing total number of institutional owners in
recent quarters . 只買進特定股票，它們至少是比平均水平好且近期表現記錄佳的一些機構贊助商的股票，投資在於該股票顯示最近幾個季度裡，總數漸增的一些買盤機構投資人。
The first step in learning to pick big
stock market winners is for you to examine leading big winners of the past to
learn all the characteristics of the most successful stocks . You will learn
from this observation what type of price patterns these stocks developed just
before their spectacular price advances . 學習的第一步在挑選大咖的股市贏家，讓你審視過去的龍頭大贏家操作中，學習投資最成功股票的所有特性。你可以從這個觀察並從中學習。贏家們挖掘出這檔股票是什麼類型的價格發展模式，並在壯觀的價格優勢下提前推進佈局。
to be continued ...待續...
(下回连载25位頂級交易大師的”交易忠告”：第16位John Paulson約翰·保爾森
)
REFERENCES : quotationsource.com, wallstcheatsheet.com,
wikipedia.org, artremiscapital.us,
investors.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
