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标题: 江恩如是说（5）——如何交易 [打印本页]
作者: 甘恩    时间: 2009-5-11 17:26
标题: 江恩如是说（5）——如何交易
说明：7 i6 @# i" Q  r3 l, y; f
1.首发。转载请注明出处——阳光飞狐/江恩理论；当然还有译者。谢谢！
, L( {  E! |+ T2 l, f( L2.译文乃初稿，未校稿，仅供参考！- V' @3 l9 L. x
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HOW TO TRADE# C& C2 t( f, a+ J  l3 t  P
After you have thoroughly mastered all of the lessons, be sure you are right before you make
& g6 [$ d) [) v# p) Ha trade.  Never guess.  Trade on mathematical indications only.- O  C- B( q! @& e% D: @# m/ Y

% y, v2 e* U# k5 nWHAT YOU MUST KNOW BEFORE YOU START TRADING4 c) L# E- X* }7 R
You must know exactly how to apply all the rules.  You must know where to place a stop loss
5 D- a9 X. B9 K/ i% worder  and must  look up what  cycle  the year  is  in,  that  is, whether  it  is  a bull or bear year,
; u$ v9 U2 E2 G! d& `4 Kwhether the main trend should be up or down.% n( u0 e6 `# S2 J

; q% p# X* v9 e9 z! @. l- i7 A+ LBefore  you make  a  trade,  either  buying  or  selling,  consider  the  position  of  each  individual
, U7 f& i2 t& Q1 c! wstock on the monthly chart; next consider the weekly chart and then the daily chart.  If they all
$ j' M6 d; d) X$ v  v+ aconfirm an uptrend, it is a cinch to buy, provided you have located the point at which to place 0 o2 _* X: y; R- O7 S
a stop loss order.  On the other hand, if the cycle shows that it is a bear year and the monthly,
0 B& Q6 `" K& q0 Q9 Y2 ?& s: m: wweekly and daily chart show down trend, then it is the time to go short, but again, you must $ X9 e7 D2 z: M' m4 a# o
look  for  the most  important point  ... where  to place  the stop  loss order so  that  it will not be ! {% h8 f  z; q. F* g
more than 3 points away and closer if possible.  W; A7 H1 M- y1 R3 t  Z

4 a- i& V& w1 S' i* c  o. l9 bWHAT TO LOOK UP BEFORE YOU MAKE TRADE- d7 t& [7 I$ S# \% \) M4 H5 s
Following  are  the most  important points  that  you must  consider  before  buying  or  selling  a + ~) Q4 Y" g/ ~
stock:
* ?' Z3 a0 O+ K" B$ E1. TIME  CYCLE  ... whether  Bull  or  Bear  year,  and whether main  trend  of  the  general
  G+ L! i* F# T5 Amarket is up or down.
; j+ G; |1 w0 i4 n, n2. CYCLE OF INDIVIDUAL STOCK … whether up or down year.. m; S0 ^8 n) ], ^* b* @/ x$ j
3. MONTHLY position on TIME PERIODS from tops and bottoms.
$ l7 s) z! k% z. ~& {3 w! A+ k( q4. WEEKLY position on TIME PERIODS from tops and bottoms.
# h# }/ U0 h7 a5 |- f; v5. RESISTANCE LEVELS  ...  see whether  the  stock  is  near  any  half-way  point  or  other 5 B. V+ @' c' p% G. N: N% b
points of support or resistance.
8 C+ u. P6 ^6 P6. Study all FORMATIONS.  If a stock has held for several days, weeks or months around 6 |9 e5 d# p$ F  |
the same level, determine whether it is about ready to cross tops or break bottoms.
+ [# ~& D( R  k: Q5 G$ {7. Look up VOLUME OF SALES.  See whether a stock has increased or decreased Volume ) N5 _! Y& `7 ^
over past few days or weeks.
$ b, Z  ~5 ?, l8. Look up SPACE or price movements  from previous  tops and bottoms and  find out  the
1 ~: K7 B2 c, G* G( x' Kgreatest  advance  or  decline  for  past  few  weeks  or months.    Example:  If  a  stock  has
0 z* m- q' _& X$ X: Treacted 5 points  several  times  and at  the  time you  look  it up,  if you  find  it  is 3 points
! |0 h; q* O0 p$ B! R$ n) M9 g  mdown from  the last  top and  the  trend  is up on monthly, weekly and daily with  the price
' z1 L! \- M3 d. pnear a support point, you could buy with a stop loss order 2 to 3 points away.  If the stock
5 Z! F$ ~: Y* G/ }9 Kshould break back over 5 points, the previous reaction  limit,  it would show a change  in
( g' {& \- i# P3 x. x- D& ]trend and you should go short of it.
8 Y9 w% o  [' U/ U9. Never overlook the fact that you must have a definite indication before making a trade.# A# i7 W( z1 C0 `8 k; u
10. Most  important of  all  ... always  locate  the point  at which  to place  a  stop  loss order  to
, n; u8 E& D$ a! m8 ]3 hlimit risk.
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PRACTICE TRADING ON PAPER
5 c3 G8 q/ g' l: }+ M' y& pAfter you feel sure  that you have mastered all  the rules and know exactly how  to determine
3 W4 c: f. l1 O( xthe  trend  of  a  stock  and  the  place  to  begin  trading,  then  to make  yourself  doubly  sure  and
& R2 I2 ]# s' @3 T, r) s  restablish confidence, practice trading on paper and till you thoroughly understand how to use 8 t# s* j6 Z) h$ p
the rules and when to use them.  If you make mistakes trading on paper, then you would make & v) B  h$ |  l; |' e' |1 y
mistakes at the time in actual trading and you are not ready to begin trading.  When you feel 2 H5 ~, @; c$ Y( f
that  you  are  competent  to  start  trading,  apply  all  of  the  rules  and  TRADE  ONLY  ON ' K& r7 B, g9 j
DEFINITE  INDICATIONS.   If you are not sure of  the  trend or  the buying and selling price
, A) r+ x1 K7 C  k1 e; Qand not  sure where  to place  a  stop  loss order,  then wait until you get  a definite  indication.  
5 }  K4 q4 k$ Q( ]You can always make money by waiting for opportunities.   There is no use getting in partly 8 m  B, u% H5 I" t3 ^
on guesswork and losing.6 b/ Z6 b, {6 A" ]; s) W% v8 E) a" h. ~

# y, ~" \" a( S' r8 z+ B/ @' V3 K, bWHEN TO CLOSE A TRADE6 h% J0 |& `0 d5 `# i+ A% g' ^
After you start actual trading, when you make a trade, don't close it or take profits until you
. L, ^7 P# r( N& ]& Nhave a definite indication, according to the rules that it is time to sell out or buy in or to move
! o- b, P4 a9 i) Pup  the  stop  loss order and wait until  it  is caught.   The way  to make  a  success  is  to always
" ]+ T# G( |/ {9 T- W& q5 ^follow the trend and not get out or close a trade until the trend changes.) L: ]  e  r; i. u* y, g
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WHEN TO WAIT AND NOT TRADE9 X/ F8 D! D( w
It is just as important to know when not to enter the market as it is to know when to enter it.  
- s9 y# |5 r. b) WThe  time not  to make a  trade  is when you find a stock has been holding  in a narrow trading ( n9 q# G$ G5 l* V( `
range  for  some  time,  say,  a  5-point  or  a  3-point  range,  but  has  not  broken  under  bottoms  
  L8 _8 j0 w$ v( r8 @" r5 c2 Lpreviously made or crossed tops previously made.  A stock may stay for weeks or months or 0 o1 }3 z0 l6 C: f4 F% x) k7 s
even years  in a  trading  range and will not  indicate any big move or change  in  trend until  it   n* U; W1 Q: F& j& f  i& \
crosses  as  a  previous  top  or  breaks  a  previous  bottom.    After  a  prolonged  decline  stocks
! }5 h9 d% b  Z. m; e5 b- lnearly always narrow down and hold in a trading range for some time.  If a stock is inactive in
6 e7 ?- _9 P' Z0 c4 zthis position, it is no time to start trading in it.; ?% h5 ?% }3 {" o
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FOLLOW ALL RULES
  r5 \% Q. V1 ^" c: \Remember,  follow all  rules; check and double check;  study  the major and minor  cycles  for
& A# @% O9 C+ }+ _" Aforecasting; watch closely the Resistance Levels; study the different Formations and bottoms ) L# h2 q0 J1 D- P6 ^# x$ _
and tops and between bottoms and tops.  If you ignore one important point, it may get you in
  B' y8 z; ^$ c. y* x2 `* wwrong.  The whole can never exceed all its parts and all the parts make up the whole.  If you , C' p5 A- F2 c# o
leave out one of the rules, you will not have a complete forecasting method or trend indicator.
  p6 t+ A; J* M2 h7 @Your success with the method depends upon you doing your part, studying and learning how
  S9 w' r1 a! n9 a+ f4 wto apply  the rules and not mixing any  inside or outside  information or reasoning against  the - m, d) f4 ]" F
mathematical indications.  No man ever made a success at anything who did not work hard.  I
* z( ^- l2 v6 H4 p& k# V$ v( Rhave done my part, and it is now up to you to do yours.
作者: 甘恩    时间: 2009-5-11 17:28
。。。。。。。。。。。。。
作者: WHSH    时间: 2009-5-11 17:30
提示: 作者被禁止或删除 内容自动屏蔽
作者: 甘恩    时间: 2009-5-11 17:32
原帖由 WHSH 于 2009-5-11 17:30 发表 3 R, O7 o  F9 ^1 m
先生
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作者: wushilu    时间: 2009-5-11 17:33
谢谢先生
作者: WHSH    时间: 2009-5-11 17:39
提示: 作者被禁止或删除 内容自动屏蔽
作者: Panther    时间: 2009-5-11 18:01
名言就像好茶，可以经常拿出来品。
作者: 天际雪飘    时间: 2009-5-11 18:23
作者: 波浪为王    时间: 2009-5-11 18:29
名言就像好茶，可以经常拿出来品。
作者: anyway    时间: 2009-5-11 19:43
谢谢
作者: zlmm    时间: 2009-5-11 19:48
辛苦了
作者: xxxyyy    时间: 2009-5-11 20:02
作者: cz777    时间: 2009-5-11 20:45
作者: new79man    时间: 2009-5-11 20:45
谢谢楼主分享。
作者: 时价量形    时间: 2009-5-11 20:46
作者: kang21324    时间: 2009-5-11 20:51
作者: axcqy    时间: 2009-5-11 21:47
谢谢楼主分享
作者: 飘漂尧光    时间: 2009-5-11 22:08
谢谢，楼主分享！
作者: xiong7203    时间: 2009-5-11 22:33
作者: mzyma1355    时间: 2009-5-11 22:45
标题: 回复 2# 甘恩 的帖子
“Remember,  follow all  rules; check and double check;  study  the major and minor  cycles  for 1 Z2 S. R, l8 I/ b0 w) f
forecasting; watch closely the Resistance Levels; study the different Formations and bottoms   S3 N  L( c/ J/ y& f) r/ C
and tops and between bottoms and tops.  If you ignore one important point, it may get you in : p3 [/ F/ Z6 |) q8 K
wrong. ”
6 D8 \. P0 `3 h: p' b
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! e; i! j2 l, y7 D+ D, `/ `“记紧，跟随所有规则；检查再检查；研究大小周期以作预测，看紧阻力水平；观察市场的顶部及底部之形态，及顶底之间的形态。若有任何遗漏，将陷你于错误之中。”——来自《江恩理论——浸润走势分析》P257
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1 K  _; X/ c; O1 j感谢甘兄立此帖！！！
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作者: newcef    时间: 2009-5-11 23:37
正吖，支持~
作者: caihua58    时间: 2009-5-11 23:47
感谢甘兄！！！
作者: 喧暄    时间: 2009-5-12 01:45
非常感谢甘恩！
作者: 股为金用    时间: 2009-5-12 07:15
谢谢楼主！
作者: shdw    时间: 2009-5-12 07:16
谢谢楼主！
作者: tts073    时间: 2009-5-12 12:47
谢谢
作者: lg222    时间: 2009-5-12 12:53
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谢谢!
作者: jqbudd    时间: 2009-5-12 15:32
谢谢无私分享
作者: wyhy    时间: 2009-5-12 21:16
谢谢甘恩兄。
作者: gannfanns    时间: 2009-5-21 16:28
很好的教程，谢谢！！
作者: yidow    时间: 2009-5-31 16:30
标题: 回复 1# 甘恩 的帖子
好东西
作者: cwg135    时间: 2014-11-20 21:21
作者: tonyff8    时间: 2015-3-20 23:28
辛苦了 辛苦了
作者: tonyff8    时间: 2015-3-22 20:49
辛苦了 辛苦了



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