我家的鸭子没有那么扁-QQ阅读

经典重译之股票大作手回忆录(350)，原文(380): that is，the buying was in lots of 10,000 or 15,000 bushels instead of being taken in two or three transactions which would have been the normal way．In addition to the homeopathic buying the price went down 1¼ cents on my selling．Now，I need not waste time pointing out that the way in which the market took my wheat and the disproportionate decline on my selling told me that there was no buying power there． Such being the case，what was the only thing to do？Of course，to sell a lot more．Following the dictates of experience may possibly fool you，now and then．But not following them invariably makes an ass of you． So I sold 2,000,000 bushels and the price went down some more．A few days later the market's behaviour practically compelled me to sell an additional 2,000,000 bushels and the price declined further still；a few days later wheat started to break badly and slumped off 6 cents a bushel．And it didn't stop there．It has been going down，with short-lived rallies． Now，I didn't follow a hunch．Nobody gave me a tip．It was my habitual or professional mental attitude toward the commodities markets that gave me the profit and that attitude came from my years at this business．I study because my business is to trade．The moment the tape told me that I was on the right track my business duty was to increase my line．I did．That is all there is to it．其他版本译文(380): 这就是说，买盘是由1万或5000蒲式耳的很多单子凑成，而不像以往那样两三笔就买完。除了这样零散的买卖外，由于我的卖出，价格下跌了1又1/4美分。此时我必须要说，市场吸纳小麦与小麦价格下跌是不对等的，这说明市场已没了购买力。这就是真实情况，那怎么办？那就再往外卖。按照经验行事，可能偶尔会让你出错，但不按照经验行事，就是个笨蛋。所以我卖掉了200万蒲式耳小麦，价格下跌更快了。几天后，市场迫使我又卖了200万，价格继续下降。又过了几天，小麦价格开始暴跌，每蒲式耳下跌6美分后还在跌。有时有点儿回稳，可只是一瞬，然后又会下跌。我在此时没有遵照第六感行事，也没人对我讲什么内幕消息，而是我专业的市场观察力帮我实现了盈利。这也是我多年经商总结的经验。我做的是投资，就要深入研究。行情表明我的想法没错，我需要做的就是加大投入。我就是这么做的，事情也是这么发展的。我的译文(380): 也就是说，买盘是由大量的小单子构成的，比如一笔单子只买入一万或者一万五蒲式耳，而通常情况下，(我这点卖盘)，只需两或三笔大买单就全吃掉了。另外这种稀疏的买盘，就好比兑了大量水的酒一样，没有劲儿，所以我这一卖，价格便下跌了1又1/4美分。 (我共进行了两次卖出操作，每次卖出的数量是一样的，但是股价的下跌却是不同的)，我不用再浪费时间解释了吧，(这说明什么)？这说明就不存在真正意义的买盘。情况就是这样，(还有什么可说的)，别无选择，当然要加码卖出，(没错)，有时依据经验行事，可能是愚蠢的盲从行为，(经验不是万能的)，但放弃经验，必然沦为放弃头脑，改用屁股思考的笨蛋。于是我卖出了200万蒲式耳，价格则进一步下跌。几天后，市场(弱势)的表现几乎使我不得不再卖出200万蒲式耳，价格也跌得更狠了。又过了几天，小麦开始大幅破位，每蒲式耳暴跌6美分，并且跌势还没到头，此后是一路下跌，中间只有短暂的反弹。我当时并不是凭直觉，也没有人给我内幕消息。给我带来利润的，是我对商品市场一贯的职业理性。而这种理性，来自我多年的交易生涯。因为交易是我的职业，我学到的就是，当行情纸带告诉我处于正确的轨道时，我的职责就是加仓。我只是履行了我的职责，仅此而已。引用依据： 1. Edwin Lefèvre: Reminiscences of a Stock Operator 2. 《股票大作手回忆录》（[美] 埃德温·勒菲弗著，汤前燕译）上一集: