【正文】 riod of time when they advance above old highs or old tops they are in a stronger position and indicate higher prices. This is the reason why you must have a chart long ways back in order to see just what position a modity is in and at what stage it is between extreme high and extreme low. 將這些規(guī)則熟記在心。你平時(shí)應(yīng)該準(zhǔn)備好包含有年、月、周高低點(diǎn)的周期圖表。記住：只要趨勢(shì)向上，不要因?yàn)樘叨桓屹I，相反，只要趨勢(shì)向下，也不要太低而不敢賣。一次大的贏利抵得過一次或者幾次小的損失，反之一次大的損失再想打回來時(shí)則困難得多了。 LARGE PROFITS ON SMALL RISKS 以小風(fēng)險(xiǎn)換取大利潤(rùn) You can make large profits on small risks provided you use a STOP LOSS order, and apply all the rules and wait for a definite indication of a change in trend up or down before you make a trade. 假如你在做交易前應(yīng)用所有的規(guī)則，在上漲或下跌趨勢(shì)改變中等待明確的進(jìn)場(chǎng)機(jī)會(huì)，并用 “止損單 ”進(jìn)行保護(hù)，那么你將會(huì)用較小的風(fēng)險(xiǎn)獲得巨大的利潤(rùn)。當(dāng)然在你發(fā)現(xiàn)已經(jīng)犯錯(cuò)時(shí)要馬上設(shè)定 “止損單 ”自動(dòng)離場(chǎng)。當(dāng)你期望市場(chǎng)按你的意愿上漲或者下跌時(shí)決不會(huì)成功的。他們必須認(rèn)識(shí)到市場(chǎng)是不可能按照他們的意圖運(yùn)行的。他們沒有進(jìn)行交易所需要的知識(shí)，其結(jié)果就是造成嚴(yán)重的虧損，如果你擁有了知識(shí)并且做好了準(zhǔn)備，你可以在最短的時(shí)間內(nèi)賺到大錢。 2020723 13:25 完成 HOWTO MAKE THE MOST MONEY IN THE SHORTEST PERIOD OF TIME 如何在最短的時(shí)間賺到大錢？ Most people want to get rich too quick, that is why they lose their money. They start speculating or investing without first preparing themselves or getting a Commodity education. They do not have the knowledge to start with and the result is they make serious mistakes which cost them money. When you do have knowledge and are prepared you can make the most money in the shortest period of time. You must learn to follow the rules which I have laid down and proved to you by examples that you can make a large amount of money in a short period of time when the market is at the right stage for fast advances and fast declines occur. 多數(shù)人希望快速致富，這就是他們虧損的原因。 MAKE THE MARKET MOVE YOUR WAY 永遠(yuǎn)不要一勞永逸 You must learn to realize that you cannot make the market go your way, you must go the market’s way and must follow the trend. Many successful business men who are accustomed to giving orders to others and have them carried out will often when they get into the market, especially for the first time, expect the market to follow their orders or move their way. They must learn that they cannot make the market trend go their way. They must follow the market trend as is indicated by fixed rules and protect their capital and profits by the use of STOP LOSS orders. There is no harm in making a few mistakes and a few small losses because small losses are the expense of a successful speculator. If you intend to make speculation a profitable profession you must learn all the rules and apply all of them to determine the trend. Professional men, such as lawyers, doctors, accountants and engineers spend years in training and a large amount of money to learn how to succeed in their chosen profession. You must spend time and money to learn the profession and bee a successful speculator or investor. 你要明白你不能左右市場(chǎng)，所以你必須不斷學(xué)習(xí)來順應(yīng)市場(chǎng)，跟隨趨勢(shì)。遵循我的《如何在商品市場(chǎng)中獲利》一書中的所有規(guī)則，其中的有不少規(guī)則是我的另外一本《如何在商品期貨交易中獲利》這本教程所沒有的，結(jié)合所有的規(guī)則你將會(huì)賺取更多的利潤(rùn)。我的 52 年經(jīng)驗(yàn)告訴我很多人由于在市場(chǎng)已經(jīng)發(fā)生轉(zhuǎn)勢(shì)時(shí)依然不清倉(cāng)而導(dǎo)致破產(chǎn)。在這個(gè)快速而活躍的市場(chǎng)中，當(dāng)你能在一個(gè)大周期循環(huán)結(jié)束后抓住這個(gè)拐點(diǎn)，那么你可以在每年和每月中獲得巨大的利潤(rùn)。 RULES FOR BUYING AND SELLING 買賣規(guī)則 The first thing to remember before you start to apply any rules is that you must always use a STOPLOSS order to protect your capital. When making a trade remember that you can be wrong or that the market may change its trend and the STOPLOSS order will protect you and limit your loss. A small loss or several small losses can easily be made back with one large profit, but when you let large losses run against you it is hard to make them back. 在接受這些規(guī)則前你首先記住必須永遠(yuǎn)要下 “止損單 ”來保護(hù)資金的安全。采集年的高低點(diǎn)的時(shí)候 ,你應(yīng)該回顧 5,10,20 年的信息 ,如果你能得到更遠(yuǎn)的數(shù)據(jù) .采集月的高低點(diǎn) ,你應(yīng)該回顧至少 10 年的信息 ,而周的高低點(diǎn)你至少采集 2,3 年信息 .當(dāng)行情活躍，你需要采集每天的高低點(diǎn)圖表的時(shí)候你需要回顧幾個(gè)月的信息 .當(dāng)行情發(fā)生巨大突破后，開始記錄每天的圖表。 THE KIND OF CHARTS TO KEEP UP 圖表的預(yù)測(cè)功能 Remember the old Chinese proverb “One good picture is worth 10,000 words”.You should make up charts and study the picture of a modity before you make a trade. You should have a weekly high and low chart, a monthly high and low chart and a yearly high and low chart. A yearly high and low chart should run back 5, 10 or 20 years if you can get records that far. Monthly high and low chart should go back for at least 10 years and the weekly high and low should go back for 2 or 3 years. When modities are very active you should have a daily high and low chart. This need not go back more than a few months. Start the daily chart after the modity breaks into great activity. 中國(guó)有句諺語(yǔ)：一圖抵萬(wàn)言。任何猜測(cè)、跟隨內(nèi)部消息、希望和恐懼都將導(dǎo)致你失敗。 My experience has proved that it is more profitable to trade in modities than stocks and you can make larger profits on the same amount of capital with smaller risk. When you trade in modities you are trading in the necessities of prices obey the law of supply and demand and follow a seasonal trend most of the time. 我的經(jīng)驗(yàn)證明，商品期貨比股票市場(chǎng)能讓你更能贏利，因 為你用同樣的資金和更小的風(fēng)險(xiǎn)能博取更大的利潤(rùn)。你必須花費(fèi)時(shí)間和金錢去學(xué)此專業(yè)從而變成一個(gè)成功的投機(jī)者或投資人。 您必須親自驗(yàn)證這些規(guī)則在市場(chǎng)上過去和未來的運(yùn)用。我的收入遠(yuǎn)大于日常消費(fèi)。所以這樣提示在文中多處出現(xiàn)，讀者能否接受則最終取決于他們自己。 在這本高級(jí)教程中，我們仔細(xì)的抄錄每部分的內(nèi)容，以盡量保持江恩原著的真實(shí)性，并且已經(jīng)仔細(xì)按正規(guī)的格式編好章節(jié)和頁(yè)碼。to 360176。這也是中國(guó)人的悲哀之處。 江恩在《華爾街四十五年》一書末段關(guān)于未來幾年（ 19501953 年）的預(yù)測(cè)顯然是錯(cuò)誤的，美國(guó)經(jīng)濟(jì)在 1949 年陷入困境，因此江恩看淡 19501953 年的經(jīng)濟(jì)表現(xiàn)。在他每年出版的全年走勢(shì)預(yù)測(cè)中，他清楚的繪制在什么時(shí)間見什么價(jià)位的預(yù)測(cè)走勢(shì)圖，準(zhǔn)確性甚高。 最為人矚目的是 1909 年 10 月美國(guó) “The Ticketr and Investment Digest”雜志編輯 Richard .Wyckoff 的一次實(shí)地訪問。在華爾街投機(jī)生涯中，江恩大約賺取了 5000 萬(wàn)美元的利潤(rùn)。少年時(shí)代的江恩在火車上賣報(bào)紙和送電報(bào)，還販賣明信片、食品、小飾物等。 1902 年，江恩在 24 歲時(shí)，第一次入市買賣棉花期貨?？墒?，到 9 月 30 日芝加哥時(shí)間十二時(shí)，該期權(quán)仍然在 美元之下徘徊， 江恩的預(yù)測(cè)眼看落空。在一個(gè)名為《掌握預(yù)測(cè)方法》講座中，江恩向每位參加者收取二千五百美元。 －－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－－ 翻譯此書 (Gann Master Commodities Course)的目的是經(jīng)過研究，發(fā)現(xiàn)江恩的方法與中華易學(xué)殊途同歸，都是站在一個(gè)星球上對(duì)于這宇宙的觀察總結(jié)。在美國(guó)這方面的 法律是非常嚴(yán)格的。to 360176。讀者應(yīng)該注意到那些所有細(xì)微的更正皆是為了避免改變?cè)脑械臐撛诤x。 我真心希望這分教程能對(duì)江恩理論的研究者和愛好者有巨大的幫助。 My experience has proved that it is more profitable to trade in modities than stocks and you can make larger profits on the same amount of capital with smaller risk. When you