×

Loading...

刚看完一本小说 "Adventures of a currency trader" by Rob Booker

ISBN-13 978-0-470-04948-8 ( Wiley trading series )2007 抄一段: 最后一章开头: When I tell aspiring traders that the most important laws of trading have nothing to do with entries and exits, they give me a stange look. Generaly,they don't have much more to say to me,especially if they are looking for the next latest and greatest trading system. Harvey taought harry in three weeks what Harry might never have learned otherwise: that the entries and exists were the easy part. It was the discipline and the attitude that come only after a lot of suffering and hard work.
Sign in and Reply Report

Replies, comments and Discussions:

  • Why so quiet here? Echo----echo----echo-------o------o------o---------
    本文发表在 rolia.net 枫下论坛抄书 ( about trading Futures)
    --------------------------------
    Approach first,method second.
    --------------------------------

    A trader needs to be like a researcher in an unexplored forest studying a newly discovered wild animal. Eager to learn,searching for the truth, curious as to what will happen next,intent on observing habits and patterns,looking without preconceived opinions or fear.

    The primary motive is to observe,learn,and then act intelligently.

    No fear because the trader has made the effort to possess the trading intelligence and decision-making capacity necessary to handle whatever the future brings.

    --------------------------------
    The past is knowable.
    The present is observable.
    The future is intelligently guessable.

    The past is already made,so it is permanent.Only something permanent,unchanging,can ever be known.Therefore,the past can be known.

    The present is evolving; it is happening.That which is happening can be seen.So the present can be observed.

    The mold of the future is built in the past and refined by the present.However,the actual future is yet-to-be-made and thus will always be unknown.

    Only the present is alive and to be alive means to be constantly changing.
    If the present is alive and constantly changing,then the present's future must also be ever-changing and thus always unknown.

    So,the future can never be known nor perfectly predicted;but the know past and observed present will always indicate a "probable" future.

    The future is thus in between unknowable and predictable.
    It is more than random,but less than certain.
    Tis is intelligently guessable.
    --------------------------------
    So,how do you make these intelligent guesses about the future?
    One approach to solving this problem is to follow these four steps:

    First,understanding.
    Second,self-nowing.
    Third,learning.
    Fourth,acting.

    --------------------------------

    You are trading against the wealthiest and most knowledgeable people and organizations in the world.

    Do not delude yourself,you cannot compete on their terms:
    information,knoledge,experience,staying power and so on.

    --------------------------------

    Do not spend time and energy tring to figure out -why- a price moves.
    Focus all your attention and energy solely on -what- the price is doing.

    If you know something,assume everybody knows it.
    Always operate on the assumption that you are at the tail end of the information chain.

    --------------------------------

    Don't think. Look.
    Don't analyze. Observe.

    (The institutions you are competing with invariable will have more knowledge,more
    information,more of everything than you; but in the seeing competition you can be their equal,or maybe even their better.)

    --------------------------------

    Avoid making specific predictions about the future.
    Making predictions will do you no good and can do you a lot of harm.
    Analysis and predictions actually hinder your ability to see and act clearly.

    You will be constantly tempted to analyze and predict.
    Do so if you wish,just be aware of the dangers and try to adjust accordingly.

    --------------------------------
    Observe with humility.
    Act with arrogance.

    When observing,step aside and let humility in.
    When acting,banish even the concept of doubt.

    When looking at a chart,look with maximum humility.
    When acting on what you see,act with total arrogance.

    See through your eyes.
    Act from your intellect.

    (Eyes see,intellect does.Your eyes are the navigator,your intellect the pilot.Your eyes tell you -what-,-which way- and -approximately when- to trade; your intellect decides -how many- contracts to do and -precisely when- to act)

    (Understand that the psychological you,the you made up of all your past successes and failures,the you full of hopes for future success and fears of future failures,the you filled with all this extraneous psychological clutter,this you has no role to play in the seeing and acting of trading---this you merely enjoys or suffers the fruits of your trading.

    Let images enter through your eyes,detour around your emotions and memories and impact directly on your trading intelligence so it can then act freely and clearly. Let your eyes send uncontaminated sights to your trading intelligence so it can then act as you have conditioned and trained it to do. )

    --------------------------------

    To trade futures is to live in a state of constant uncertainty.
    Surviving and prospering in this evniroment requires clear vision,the guidance of a trading intelligence containing,at a minimum,and accurate knowledge of the past,and then the capacity to act decisively.

    Futures trading is always uncertain and therefore sometimes frightening.
    In such an evnironment,you need to understand what you are dealing with,you need an unbiased humble brain,and you need to be able to act.

    Fear distorts vision.
    Intelligentce displaces fear.

    --------------------------------

    Trading futures is like a voyage down an unexplored river.

    You cannot know what lies ahead but you can know where the river has been,you can see which direction it is moving,you can measure how fast it is flowing.Then having done this,you can make an intelligent guess about where it will go next.

    You cannot know the future,but you can know the past,and you can calculate the direction and momentum of the present.

    Do all of this well and you will be able to make in intelligent guess about the future.

    --------------------------------
    <<Intelligent Futures Trading>>---Chick Goslin 1997 -- ISBN 0-930233-63-8更多精彩文章及讨论,请光临枫下论坛 rolia.net
    • 有点意思。(转贴。) " 不知道不知道->知道不知道->不知道知道->(新的一轮)不知道不知道->........."
    • 关于 Elliot Wave (抄书)
      Rich Swannell "Elite Trader's Secrets"

      The Elliott rules for an Impulse are:

      • · Wave 1 must itself be an Impulse or a Leading Diagonal pattern.
      • · Wave 2 can be any corrective Elliott Wave pattern except a Triangle.
      • · No part of Wave 2 can retrace more than 100% of Wave 1.
      • · Wave 3 must be an Impulse.
      • · Wave 3 must be longer than Wave 2 by price.
      • · Wave 4 can be any corrective Elliott Wave pattern.
      • · Waves 2 and 4 cannot overlap (share common price area).
      • · Wave 5 must be an Impulse or an Ending Diagonal.
      • · Wave 5 must be at least 70% of the length of Wave 4 by price.
      • · Wave 3 must never be the shortest by price when compared to Waves 1 & 5.

      The Elliott Wave rules governing Diagonals are as follows:

      • · Diagonals move within two converging channel lines.
      • · Wave 1 of a Leading Diagonal is an Impulse or a Leading Diagonal.
      • · Waves 1, 3 and 5 of an Ending Diagonal are always a Zigzag family pattern.
      • · Wave 2 may be any corrective pattern except a Triangle.
      • · Wave 2 is never longer than Wave 1 by price.
      • · Wave 3 of a Leading Diagonal is an Impulse.
      • · Wave 3 is always greater than Wave 2 by price.
      • · Wave 4 may be any corrective pattern.
      • · Waves 2 and 4 must share some common price territory (must overlap).
      • · Wave 5 of a Leading Diagonal is either an Impulse or Ending Diagonal.
      • · Wave 5 must be at least 50% of Wave 4 by price.
      • · Wave 3 must not be shortest by price when compared with Waves 1 and 5.

      Rules for Zigzags:

      • · Wave A must be an Impulse or a Leading Diagonal.
      • · Wave B can only be a corrective pattern.
      • · Wave B must be shorter than Wave A by price distance.
      • · Wave C must be an Impulse or an Ending Diagonal.
      • · Wave C may not be an Ending Diagonal if Wave A is a Leading Diagonal.

      Rules for Double and Triple Zigzags:

      • · Wave W must be a Zigzag.
      • · Wave X can be any correction except an Expanding Triangle.
      • · Wave X must be smaller than wave W by price.
      • · Wave Y must be a Zigzag.
      • · Wave Y must be equal to or longer than Wave X by price.
      • · Wave XX can be any correction except an Expanding Triangle.
      • · Wave XX must be smaller than Wave Y by price.
      • · Wave Z must be a Zigzag.
      • · Wave Z must be equal to or larger than Wave XX by price.

      Rules for Flats:

      • · Wave A can be any corrective pattern.
      • · Wave B can be any corrective pattern except a Triangle.
      • · Wave B must retrace Wave A by at least 50% (by price).
      • · Wave B must be less than twice the price length of Wave A.
      • · Wave C can only be an Impulse or an Ending Diagonal.
      • · Wave C must be no more than 3 times the price length of Wave A.
      • · Wave C must be no longer than twice the price distance of both Waves A and B.
      • · Wave C must share some common price territory with Wave A.

      Rules for Double and Triple Sideways Patterns:

      • · Wave W may be any corrective pattern except a Triangle, or a Double or Triple pattern.
      • · Wave X may be any corrective pattern except a Triangle, or a Double or Triple pattern.
      • · Minimum Wave X retracement is 50% of Wave W.
      • · Maximum retracement of Wave X on Wave W is 400%.
      • · Wave Y may be any corrective pattern except a Double or Triple pattern.
      • · Wave Y must be greater than Wave X by price except if it is a Triangle.
      • · Wave XX may be any corrective pattern except a Triangle, or a Double or Triple pattern.
      • · Minimum XX wave retracement is 50% of Y.
      • · Maximum retracement of Wave XX on Wave Y is 400%.
      • · Wave Z may be any corrective pattern except a Double or Triple pattern. However Z cannot be a Zigzag if Y is a Zigzag.
      • · Wave Z must be greater than Wave XX by price.

      The Rules for Contracting Triangles are as follows:

      • · Wave A can only be a Zigzag, Double or Triple Zigzag, or a Flat pattern.
      • · Wave B can only be a Zigzag, Double or Triple Zigzag pattern.
      • · Wave C and D can be any corrective pattern except a Triangle.
      • · Waves A, B, C and D must move within or close to within the A-C & B-D channel lines.
      • · The intersection of the channel lines must occur beyond the end of Wave E.
      • · The channel lines must converge. They cannot be parallel.
      • · One of the channel lines may be horizontal.
      • · Wave E can be a Zigzag, Double or Triple Zigzag, or a Contracting Triangle.
      • · Wave E must be less than Wave D by price, and Wave E must be more than 20% of Wave D by price.
      • · Either Wave A or Wave B must be the longest wave by price.
      • · Wave E must end in the price territory of A.
      • · Wave E must move within or close to within the B-D channel line.

      The Rules for Expanding Triangles are as follows:

      • · All five waves must be Zigzag, Double or Triple Zigzag patterns.
      • · Wave B must be shorter than Wave C by price, but more than 40% of Wave C by price.
      • · Waves A, B, C and D must move within, or close to within,the A-C & B-D channel lines.
      • · Wave C must be shorter than Wave D by price, but more than 40% of Wave D by price.
      • · Wave A must move within, or close to within, the A-C channel line.
      • · The intersection of the channel lines must occur before the beginning of Wave A.
      • · The channel lines must diverge. They cannot be parallel.
      • · Neither channel line may be horizontal.
      • · Wave E must be longer than D, and D must be greater than 40% of Wave E by price.
      • · Either A or B will be the shortest wave by price.
      • · Wave E must end in the price territory of A
      • · Wave E must move within, or close to within, the B-D channel line.

      • Thx for sharing. Where to get more info about its theory?
        • 注意, Elliot Wave 是适合 马后炮 分析的
          http://www.amazon.ca/Elliott-Wave-Principle-Market-Behavior/dp/0471988499/ref=sr_1_3?ie=UTF8&s=books&qid=1227637102&sr=1-3

          http://ca.wiley.com/WileyCDA/WileyTitle/productCd-0471825395,descCd-description.html

          ..... 很多。。。。
          • 或许。但如果因为听人这么说就不去研究波浪理论的话,对以TA操作的人士,至少是一个损失。
      • 请问表格中的数字如第一列的86、100、77等是什么意思?
    • "Don't think. Look. Don't analyze. Observe." good point.
      (The institutions you are competing with invariable will have more knowledge,more
      information,more of everything than you; but in the seeing competition you can be their equal,or maybe even their better.)
      • Am I reading English -:)
        • That is part of Elliott Wave rules.
          • 古英文。
    • Gann W.D. trading rules (联接) (收藏在此以便以后经常翻看)
      http://paisapower.blogspot.com/2008/01/w-d-gann-s-24-rules.html
    • 三种境界 (断章取义,贴在此)
      古今之成大事业、大学问者,罔不经过三种之境界:“昨夜西风凋碧树。独上高楼,望尽天涯路。”此第一境界也。“衣带渐宽终不悔,为伊消得人憔悴。”此第二境界也。“众里寻他千百度,回头蓦见,那人正在灯火阑珊处。”此第三境界也。
    • 抄书 "Zen in the markets"
      本文发表在 rolia.net 枫下论坛----Which Horse Are You?
      Let's say that there are four kinds of horses: excellent ones,good ones, poor ones, and bad ones.

      Before it sees the shadow of the whip the best horse runs slow and fast, left and right,at the jockey's will.
      Just before the whip touches its skin,the second best will run as well as the first one. The third one runs
      when it feels pain on its body. the fourth one will run only after the pain touches the marrow of it sbones.

      What does it take for you to become the first horse?

      ----Who is RIght?

      One windy day two monks were arguing about a flapping banner across the shore.

      The first said,"I say the banner is moving,not the wind."
      The second said,"I say the wind is moving,not the banner."
      A third monk passed by and said,"The wind is not moving.The banner is not moving.Your minds are moving."

      ----How Empty Is Your Cup?

      A Zen master had a visitor who wanted to know more about Zen. Instead of listening,the visitor simply
      wanted to show off his own ideas as the master was pouring tea.

      The master pured tea into the visitor's cup until it was full and then kept pouring.
      Finally the visitor could not restrain himself. "Dont you see that my cup is full?"
      he asked. "You can't get any more in."

      "You are right," said the master. And he stopped.
      "And like this cup of tea, you are fuilled with your own ideas. How can you expect me to give you
      Zen unless you offer me an empty cup?"


      ---- Just Do It

      A new monk came up to the master Joshu. " I have just entered the fellowship,and I am anxious to
      learn the first principle of Zen," he said. "Will you please tell it to me? "

      Joshu said, "Have you already eaten your supper?"
      The novice answered, "I have eaten"

      Joshu said, "Now wash your bowl."更多精彩文章及讨论,请光临枫下论坛 rolia.net
    • A nice post about "Trading chaos"
      • 摘出的 Post
        本文发表在 rolia.net 枫下论坛dlftrader
        Member Member Since May 2006
        27 Posts

        Profitunity entry setups

        Food for Thought:

        1. Before Trading Chaos II, we were taught to look for a quiet Alligator--extended balance lines relatively flat (the flatter the better)--and AO and AC values on or near their zero lines. This setup was designed to catch fractal breakouts. We judged the quality of that setup signal by how long a market looked like this. We usually got whipsawed more than we wanted, but it was in what Williams called "the low rent district" (small losses).

        2. Trading Chaos II teaches a significantly different setup. We are now looking for a major bottom or top--the Alligator is in full pursuit of bulls or bears, AO and probably AC are supporting the Alligator's direction, and a new extreme price candle is divergent with a strong angleulation. This setup is designed to catch key reversals in a market.

        3. Remember, the 3 Wise Men strategy gets us into a countertrend trade. It is essential that there be a high probability of a market reversal. You may want to use additional indicators that the current trend direction is exhausted. For my own Profitunity trading, I require that the new low be lower than the two previous fractal lows, and that the new high be higher than the two previous fractal highs. In addition, I usually will require that the current trend extreme be at least a 62% retracement of the previous swing in the opposite direction (I am more comfortable when the retracement exceeds 76.4%).
        ...\larry.bye更多精彩文章及讨论,请光临枫下论坛 rolia.net
      • same author another post in other thread
    • 别人书摘的联接。(wenxucity)
    • ZT( from moneyslam ) 新手 vs 老手
    • 刚看完一本小说 "Adventures of a currency trader" by Rob Booker
      ISBN-13 978-0-470-04948-8 ( Wiley trading series )2007 抄一段: 最后一章开头: When I tell aspiring traders that the most important laws of trading have nothing to do with entries and exits, they give me a stange look. Generaly,they don't have much more to say to me,especially if they are looking for the next latest and greatest trading system. Harvey taought harry in three weeks what Harry might never have learned otherwise: that the entries and exists were the easy part. It was the discipline and the attitude that come only after a lot of suffering and hard work.
    • 一些书
    • 投资意境与禅诗 (from sina.com.cn)



      世间最高的智慧在哪里?

        最高智慧在佛经,最高意境即是禅。禅是一种解脱与定力,透过禅诗可以不断提升自己的心灵境界,心灵提升以后,眼光自然不一样,照见事物的本质才有可能。在黑暗中,只有光线照亮以后才看得见。缺乏照的功夫,眼前一片漆黑,视力再好也没用。除了瞎子,任何人都有见的能力,但有照的能力的人却很少,只有佛才能佛光普照。要提升照的能力,只有一个方法,提升自己的意境。投资理论与方法学的再多,如意境不高,也起不了大作用。境界是内心世界,差异最大,现象则大家看到的都差不多。进入一种新境界,内心必然十分欢喜,成就必然大幅提升。

        活在投资世界的人,每天被大量数字的起伏包围着,往往是心为形役,形一变心跟着变,一点自在都没有。只有心定的人才能转物而不被物转。但要入定并不容易,参禅打坐一般人做不到,但进入诗意却是任何人都做得到,一旦进入诗意,入定就不会太困难,因此欣赏一些禅诗,也是人间一大享受。

        千尺纶丝其下垂,一波绳动万波随,夜深水静鱼不食,满船空载明月归。

        我们的念头一动,全世界都会感应出来,就像一波绳动万波随。能做到一念不起的禅定功夫,就像夜深水静一样空寂,鱼不食代表一念不起,已进入甚深禅定的功夫。进入甚深禅定以后,心境豁然开朗,满船空载明月归,代表真空妙有的彻悟境界。明月代表彻底开悟。满船的满与空载的空,刚好是一种真空妙有的对照。一开头的千尺纶丝代表入世颇深,尝尽人间的酸甜苦辣。苦其心志与劳其筋骨的锻炼,是修行的必要前提。在股市也是一样,只有心动才会有行动,有行动就会有得失,能够在股市中做到夜深水静的涵养功夫,自然不会随便出手。不随便出手而又能满船空载明月归,代表赚了大钱亦不自满。在股市一个念头会让你快乐或痛苦一段很长的时间,就像一波绳动万波随一样,所以护持自己的心念,不要随意动心很重要。

        空门不肯出,投窗也大痴,百年钻故纸,何日出头时。

        这一首诗描写一只苍蝇一头撞上窗纸,挣扎再久也飞不出去,看起来是大痴,但我们日常生活,对感情的挣扎,对事物的挣扎,何尝不像苍蝇投向窗纸一样。百年钻故纸是一语双关,一方面代表苍蝇挣扎个一百年也没用,因为它不知道空门在哪里,一方面在暗示钻进书本的书呆子,何日才能出头?故纸也可以代表理论,执着于理论何尝不是钻故纸呢?投资世界无法出人头地,最主要不了解空性,就像苍蝇不了解空门在哪里或者不肯飞出空门。股市的空门才是出头的关键。理论钻研愈多,对空门了解的愈少,最后迷失在故纸堆中,就像苍蝇百年也飞不出去一样。

        我有明珠一颗,久被尘劳封锁,今朝尘尽光生,照破山河万朵。

        大家都晓得观音心咒,唵嘛呢叭弥吽就是一颗明珠出现在莲花上,只有尘尽光生,莲花才会出现,心中莲花为何不开,只因被尘劳封锁,但是人人皆有自性的摩尼宝珠,所以一开始就强调我有明珠一颗,一旦尘尽光生,可以照亮整个山河大地,就像佛光普照一样,这才是真正的开悟。在股市中要做到尘尽光生并不容易,因为大部分人都被现象或消息的尘劳所封锁,同时对于本体的体验不够,时空的对应能力不够,很难发觉我有明珠一颗,不存在的东西就起不了大作用,也不会发光,所以才说久被尘劳封锁。

    • 啥东东,正看,搁在这里先
      • thank you very much,HaHa!thanks for lots of technical charts!!!!!!!!!!!!!!1
        • 不用谢。
          • Haha:oil will go downtrend?
            • 我看不清,处于迷茫状态,最近在看小说。。。 :-p
      • 从这我学到一句话: 不谈级别,没有趋势。
        • 看半天了还是停留在 KISS 层次。。。。 :-)
          • KISS层?还没有深入?那可不行,不深入进去,怎么能知道深浅?
            • K 老大也研究过这个? 我还在读。
              • 我只在KTV里研究。搞的定的,就不能只停在KISS层,搞不定的,就不用浪费时间去倒浆湖了。
                • 至理相通么?
          • 回来晚了,今晚真是热闹。。。 能到kiss层次也是费了不少时间di, 已经不错了,慢慢来,重要的是过程。
    • allstar09, 你看得懂吗这个吗?你有责任告诉你的那些小跟班解释一下。你们居然没有一个人来跟这个好贴!
      • Allstar09,顺被说一句,我提高了你的知名度,你不用感激我。猴子爬高了,红屁股就被人看见了。
    • 近百年主要经济危机 (sina 的联接)
    • 很久以前看到的一个贴子。 “一年的时间从2万到30万” 。。。。。。。" 第十六节:灵活用兵 ..... 滞重之感,缺乏灵巧。达不到进退自如的程度,重心虚实的转移不灵活。"
    • 照相有四种境界(ZT)
      本文发表在 rolia.net 枫下论坛http://web.wenxuecity.com/BBSView.php?SubID=finance&MsgID=1797744

      照相有四种境界(ZT)
      来源: nullll 于 10-01-29 18:52:20 [档案] [博客] [旧帖] [转至博客] [给我悄悄话]





      照相有四种境界 - by 缓冲

      路边一老者摆摊在卖一堆镜头和相机,俺问那老头,这堆东西不错啊,为什么不要了?
      老头点支烟,扫了俺一眼,慢慢答道:“照相有四种境界。”

      “唔?”俺心中一震,赶忙把耳朵支棱起来。

      “第一种境界,”老头说道:“是手中有相机,心中没相机,所以只出糖水 (注:糖水片指画面精美,毫无内涵的照片。对技术要求低,对设备要求高),还自以为得意。”

      靠! 碰上高手啦,这不是说俺嘛? 赶紧坐近一点。

      “第二种境界,”老头继续说道:“是手头有相机,心中有相机。边拍边想,总不满意。”

      俺点头称是。

      “第三种境界,是手头无相机,心中有相机。无论河山大川,美女人文,都了然在胸。知道哪儿满意,哪儿不满意,琢磨得头头是道。”

      俺觉得茅房顿开啊! !

      “第四种境界,也是最高境界,”老头顿了渔炖:“是手中无相机,心中无相机。”说完,拿眼角瞥了俺一眼。看俺直迷糊,老头突然正色道:“有漂亮风景就好好的看,有漂亮模特就好好地干! 还拍个屁照啊!”

      老头烟头一丢,搂起地摊扬长而去,剩下俺一人在那儿犯晕........更多精彩文章及讨论,请光临枫下论坛 rolia.net
    • 一本和众多 K 线理论不同的 关于 K 线的书
      "The Secret Code of JAPANESE CANDLESTICKS" ---- Felipe Tudela

      John Wiley & Sons,Ltd ISBN 978-0-470-99610-2 2007050378 2008 年版。
    • A Link about Point and Figure in FX
      Hello,

      I've found an interesting version of a Point and Figure indicator, with alerts and PDF manual...

      Indicator:

      http://www.forexfactory.com/attachment.php?attachmentid=125886&d=1214817926

      Manual:

      http://www.forexfactory.com/attachment.php?attachmentid=125947&d=1214827609

      Author's video describing how to use it:

      http://www.viddler.com/explore/foreximpact/videos/33

      Viddler.com - Forex Point and Figure Pro - Uploaded by foreximpact
    • << Reading Price Charts Bar by Bar>> -- Al Brooks ; 一开始比较难继续读,感觉还可以。
      ---- 作者主要针对 Daytrading ( E-mini 为主).
      但对 K 线的分析 很有启发性。

      • so far that's the best book for me.
        • 在这贴完后,一搜索才发现你早就提到了,我是最近 DQ 提到了才看的。 觉得很好,对我很有启发,现在还在看。
    • Jesse_Livermore-How_To_Trade_In_Stocks_1940_original-EN (重读,收获颇多)