峰汇在线21、价格变化的基本要素是人的情感。慌乱、恐惧、贪婪、不安全感、担心、压力和犹豫不定，这些是短期价格变动的主要根源。
The basic substance of price change is human emotion. Panic, fear, greed, insecurity, anxiety, stress, and uncertainty are the primary sources of short－term price change.
22、典型地说，当市场在顶部时，异口同声地看多的人最多；在重大的底部时，很少有人持牛市的观点。
Bullish consensus is typically at its high when the market is at a top. Also there are few bulls at major bottoms.
23、注意多空套做。也就是说，如果逆差在减小，不要看多。
Watch the spreads i.e., don’t be bullish if inverses are narrowing.
24、记住，一个月的熊市能让你失去在三个月的牛市中所得到的。
Remember that a bear market will give up in one month what a bull market has taken 3 months to build.
25、找到每一種商品期货里的”决定性因素”。随着情况的变化，随时准备重新判定着一因素。
Identify “the dominant factor” in each commodity. Be prepared to redefine this factor as conditions change.
26、扩充你的市场信息来源；限制你的市场意见来源。
Expand your sources for market info but limit your sources for market opinion.
27、永遠不要让一场大赢的交易转变为输家。如果市场使你的赢利从最高处下滑了20％，止损出市。
Don’t ever allow a big winning trade to turn into a loser. Stop yourself out if market moves against you 20％ from your peak profit point.
28、没有人能够做到万事皆知。从事期货交易总要面临危险。
It is never possible to know everything about anything. A commodity trader is in constant danger.
29、交易要具备四大要素才能成功：知识、控制得当的勇气、金钱以及将这三者妥善结合在一起的精力。
Successful trading requires four things. Knowledge, disciplined courage, money, and the energy to merge the first 3 properly.
30、预见到会有亏损，雍容大度地接受亏损。那些对亏损苦思冥想的人总是失去下一个机会，而下一个机会很可能是个赢利的机会。
Expect and accept losses gracefully. Those who brood over losses always miss the next opportunity, which more than likely will be profitable.
31、用钱来挣钱以及保住钱的一个根本要素是做事要有板有眼。
The one essential ingredient to making money with money and keeping it is having an organized effort.
32、不进则退。要紧的是一旦实现了一个交易目标，你应该立刻设定一个新的目标。
Unless you progress, you go backwards. Once you complete a trading goal it is crucial that you immediately set a new goal.
33、专心致志的艺术能够帮助你成为一个杰出的交易者。也就是说，安排出时间来仔细地思考、计划、琢磨、调查、研究、分析、衡量和选择你的交易。
The art of concentration can help you become a great trader. In other words, set aside time to think, plan, meditate, investigate, research, analyze, evaluate and select your trades carefully.
34、把你的盈利一分为二，决不拿其中的百分之五十以上再到市场上去冒险。
Split your profits right down the middle and never risk more than 50％ of them again in the market.
35、成功交易的关键是了解你自己以及知道你自己对压力的承受能力。
The key to successful trading is in knowing yourself and in knowing your stress point.
36、成功者和失败者之间的真正区别，与其说是天生的能力，还不如说是在避免错误中表现的有素的训练。
The real difference between winners and losers is not so much native ability as it is discipline exercised in avoiding mistakes.
37、期货交易商的最大的错误就是把一切都寄托在希望上。永遠不要用希望来取代事实。自信心的失落是最大的亏损。
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.
38、你不可能在原地不动而持久地表现出色。交易就像击剑，不是快速运动，就是身败剑下。
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.
39、记住马克·土温说的：”只有百分之十的人思考，百分之十的人认为他们思考，其余百分之八十的人宁死也不愿思考。”
Remember Mark Twain: “only 10％ of the people think. 10％ think they think. The other 80％ would rather die than think.”
40、期货交易高手做事不是随心所欲。他把自己训练得知道怎样在两種自由中作正确的选择：随心所欲的自由和非做不可的自由。
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.
