走进我的交易室 中英对照版-第24章
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Why do intelligent people with a track record of success keep losing money on one harebrained trade after another； stumbling from calamity to catastrophe？ Ignorance？ Bad luck？ Or a hidden desire to fail？
过去的成功交易记录显示这个人很聪明，但他为什么会出现一笔又一笔糟糕的交易，从灾难变成大灾难呢？无知？运气差？还是内心就想失败？
Many people have a self…destructive streak。 My experience as a psychiatrist has convinced me that most people who plain about severe problems are in fact sabotaging themselves。 I cannot change a patient’s external reality； but whenever I cure one of self…sabotage； he quickly resolves his external problems。
很多人都有自毁的倾向。我作为心理医生，我的经验告诉我，大部分抱怨问题的人实际上是在折磨自己。我不能改变病人的外部现实，但只要我治好了一个自我折磨的人，他很快就会解决外部的问题。
Self…destructiveness is such a pervasive human trait because civilization is built on controlling aggression。 As we grow up； we are trained to control aggression against others … behave； do not push； be nice。 Our aggression has to go somewhere； and many turn it against themselves； the only unprotected target。 We turn our anger inward and learn to sabotage ourselves。 Little wonder so many of us grow up fearful； inhibited； and shy。
自毁的情绪容易蔓延，因为文明建立在控制攻击性的基础上。我们成长的时候，我们被教育不要攻击别人——要行为规矩，不冲撞，得体。我们的攻击性要有一个宣泄的地方，很多人转为针对自己，唯一不受保护的目标。我们对自己愤怒，并学会了自毁。这就不奇怪为何很多人长大后感到恐惧，没有情感流露，害羞。
Society has several defenses against the extremes of self…sabotage。 The police will talk a potential suicide down from the roof； and the medical board will take the scalpel away from an accident…prone surgeon； but no one will stop a self…defeating trader。 He can run amok in the financial markets； inflicting wounds on himself； while brokers and other traders gladly take his money。 Financial markets lack protective controls against self…sabotage。
对于自毁的极端情况，社会上有几个办法来阻止。警察会居高临下地和有自杀倾向的人谈话，在容易出事故的手术医生手术时，医院的人会把手术刀拿远点，但是没有人来阻止自欺欺人的交易者。他可以杀进金融市场，给自己造成伤害，然而，经纪人和其他交易者则很高兴地笑纳他的钱。金融市场并没有防止自毁的措施。
Are you sabotaging yourself？ The only way to find out is to keep good records； especially a Trader’s Journal and an equity curve； shown later in this book。 The angle of your equity curve is an objective indicator of your behavior。 If it slopes up； with few downticks； you’re doing well。 If it points down； it shows you’re not in gear with the markets and possibly in a self…sabotage mode。 When you observe that； reduce the size of your trades and spend more time with your Trader’s Journal figuring out what you’re doing。
你自毁吗？最好的方法是做交易记录，尤其是一个交易者的日记和资金曲线，本书后面会谈的。资金曲线的角度是你行为的最客观指标。如果它上涨，中途的下跌很少，你做的不错。如果它下跌，说明你和市场不同步，也许在自毁状态。当你注意到了这些时，减少你的交易，多花时间在交易日记上，搞清楚你在做什么。
You need to bee a self…aware trader。 Keep good records； learn from past mistakes； and do better in the future。 Traders who lose money tend to feel ashamed。 A bad loss feels like a nasty ment … most people just want to cover up； walk away； and never be seen again。 Hiding doesn’t solve anything。 Use the pain of a loss to turn yourself into a disciplined winner。
你必须成为有自知的交易者。做交易记录，从错误中学习，未来做的更好。亏钱的交易者会觉得羞愧。严重的亏损就像恶毒的评价——大部分人想掩饰，走开，永远不想再看见。躲藏不能解决问题。利用亏损的痛苦把你变成一个有纪律的赢家。
Losers Anonymous
匿名输家
Years ago I had an insight that changed my trading life forever。 Back in those days my equity used to swing up and down like a yo…yo。 I knew enough about markets to profit from many trades but couldn’t hold on to my gains and grow equity。 The insight that eventually got me off the roller coaster came from a chance visit to a meeting of Alcoholics Anonymous。
多年前，我对交易的深刻认识改变了我的交易生涯。过去，我的资金总是上上下下，像溜溜球一样。我对市场也很懂，也赚了不少，但是我的资金就是无法保持增长。当我参加一个匿名酗酒者聚会以后，一个深刻的认识让我不再过山车了。
One late afternoon I acpanied a friend to an AA meeting at a local YMCA。 Suddenly； the meeting gripped me。 I felt as if the people in the room were talking about my trading！ All I had to do was substitute the word loss for the word alcohol。
有天傍晚，我陪一个朋友去参加当地基督教青年会的匿名酗酒者聚会。突然，这个聚会引起我的关注。我觉得整个房间的人是在谈交易！我所要做的就是把单词酒换成亏损。
People at the AA meeting talked about how alcohol controlled their lives； and my trading in those days was driven by losses … fearing them and trying to trade my way out。 My emotions followed a jagged equity curve … elation at the highs and cold clammy fear at the lows； with fingers trembling above the speed dial button。
参加聚会的人在谈酒是如何控制了他们的生活，当时我的交易为亏损所累——害怕，想自己乱搞。我的情绪被上下起伏的资金曲线控制了——在高点兴高采烈，在低点又怕又冷，病态一样，手指在电话键盘上发抖。
Back in those days I had a busy psychiatric practice and saw my share of alcoholics。 I began to notice similarities between them and losing traders。 Losers approached markets the way alcoholics walked into bars。 They entered with pleasant expectations； but left with mean headaches； hangovers； and loss of control。 Drinking and trading lure people across the line from pleasure to self…destructiveness。
过去，我要做心理医生，所以我自己也会接待酗酒的病人。我开始发现他们和亏损的交易者之间的相似点。输家进入市场的模式和酗酒者进入酒吧一样。他们进去时满怀希望，但离开时头痛不已，头昏，无法自控。酗酒和交易诱惑人们把欢乐变成自毁。
Alcoholics and losers live with their eyes closed … both are in the grip of an addiction。 Every alcoholic I saw in my office wanted to argue about his diagnosis。 To avoid wasting time； I used to suggest a simple test。 I’d tell alcoholics to keep on drinking as usual for the next week； but write down every drink； and bring that record to our next appointment。 Not a single alcoholic could keep that diary for more than a few days because looking in a mirror reduced the pleasure of impulsive behavior。 Today when I tell losing traders to keep a diary of their trades； many bee annoyed。
酗酒者和输家都是闭着眼睛过日子——2者都是对一样东西上瘾。每个进入我办公室的酗酒者都要和我争论诊断结果。为了避免浪费时间，我建议做一个简单的测试。我告诉酗酒者像过去一样再喝一周，但是要记下每次喝酒的情况，下次见面时，把记录给我。没有一个酗酒者能多记几天，因为对着镜子降低了冲动的乐趣。现在，当我告诉亏损的交易者写日记时，很多人觉得生气。
Good records are a sign of self…awareness and discipline。 Poor or absent records are a sign of impulsive trading。 Show me a trader with good records； and I’ll show you a good trader。
优秀的交易记录说明自我意识好，纪律好。差的或者是没有内容的交易记录说明了冲动交易。如果一个交易者的交易记录优秀，这个交易者就是优秀的交易者。
Alcoholics and losers do not think about the past or the future； and focus only on the present … the sensation of alcohol pouring down the gullet or the market pulsing on the screen。 An active alcoholic is in denial； he doesn’t want to know about the depth of his abyss； the severity of his problem； or the harm he is causing himself and others。
酗酒者和输家不思考过去和未来，只是关注现在——酒精在咽喉的感觉或者是屏幕上的市场波动。酗酒者拒绝现实，他不知道深渊的深度，问题的严重性，或者是他对自己及别人造成的伤害。
The only thing that can pierce an alcoholic’s denial is the pain of hitting what AA calls “rock bottom。” It is each individual’s private version of hell … a life…threatening illness； a rejection by family； a job loss； or another catastrophic event。 The unbearable pain of hitting rock bottom punctures the alcoholic’s denial and forces him to face a stark choice： he can self…destruct or turn his life around。
只有在碰及到所谓的“底线”时，酗酒者才能明白现实。这是每个�
