Paxtrader777
交易越少越快乐
交易越少，越快乐。不需要捕捉每一个价格变化和摆动。我不能尝试&捕捉每一个趋势运动。
市场如三千弱水，充满机会，永不停歇。我所要做的就是取我那一瓢，保护它，让利润奔跑。
Over the years I have learned the less I trade the happier I will be. I do not need to catch every price change & wiggle. I can’t try & catch every move. Markets are a constant river of opportunity. All I have to do is grab my chunk, protect it & grow it.
面对市场，我宁愿花更多的时间等待，而不是着急下单。交易员的工作就是学会等待。
I would rather give the market my time instead of giving my money. Don’t be in a hurry to do too much. The job of a trader is to be here tomorrow.
为何爱交易
我热爱交易的原因–
- 每天都是不同的；
- 每天都在接受挑战，
- 争取做得更好；
- 无限的盈利空间，但止损有限；
- 一直在学习；
- PA总是告诉我们当时的真相；
- 市场是没有歧视的
Reasons I love trading-
- everyday is different.
- I am challenged to be better daily.
- I have unlimited upside with limited downside!
- I am always learning!
- Price action always tells the truth at the time!
- The markets do not discriminate
!
我热爱交易最重要的原因是–每天都需要我成为最好的自己。我不是市场的受害者，也不是任何东西或任何人的受害者。我控制我的交易。我对自己负责! 市场既不能伤害我，也不能帮助我–只有我可以！
Many reasons why I love trading. Top of the list is-everyday requires me to be the best version of myself I can be. I am not a victim of the market or a victim of anything or anyone. I control my trading. I alone am responsible! The market can’t hurt nor help me-only I can
止损
上一次吃亏，是在一次突发的利率变化中。我在30秒内损失了超过100万。不是一个有趣的日子。要小心–使用止损。确保它们是市价订单。出错的，会一直错下去。为每一个可能的突发事件做好计划。
Last time I got caught I’m an emergency rate change I lost over 1m of my own money in 30 seconds. Not a fun day. Be careful-use stops. Make sure they are stop market orders. What can go wrong will go wrong. Plan for every possible contingency.
交易不易
我可以向你保证，长期盈利的交易是我们任何人可以选择的最困难的努力之一。不是所有的人都能胜任的。太多的人在为时已晚的时候没有停下来，也有太多的人在即将突破的时候退出。把握二者的区别很难
I can promise you long term profitable trading is one of the most difficult endeavors of any of us can choose. Not all of us are cut out for it. Too many of us don’t stop when before it’s to late & too many of us quit just as we would break through. Knowing the difference is hard
面对失误
学习如何应对错误的决定，才让我们在这行里活下去的关键。
Learning how to react to wrong decisions is what will keep us in this business.
不要摊平
在剧烈波动的行情中，永远不要平摊亏损的仓位。如果错了，那就赶紧离开。以什么价位止损都不重要。最重要的是，下一笔交易！
In these markets with big ranges it is important to never average a bad trade. If you are on the wrong side of a trade GTFO. When you need to get out price is irrelevant. The most important trade is the next one……. Be here for it.
戒怒
要不断地自省，而不是愤怒。交易员承担不起生气的后果。
We practice self criticism not self anger. Traders cannot afford to be angry.
本钱
如果说这些年来我学到了什么，那就是情感、精神和身体的资本是最重要的。任何人都可以在交易中赚钱，但很少有人能保持和发展这种财富。在2022年，我希望我们都能努力成为更好的自己!
If there is one thing I have learned over the years, it is emotional & spiritual& physical capital is just as important if not more important than anything. Anyone can make money trading, very few can keep it & grow it. In 2022-I hope we all work to be better versions of ourselves!
距离破产只有一笔坏交易
所有长期交易者都知道，只需要一笔坏交易，就足以让我们的账户爆掉！我做的一切，都是为了防止它的发生。我知道有太多价值1-2亿-5千万的交易者因为它而完全破产。
All long term traders know we are all 1 bad trade away from blowing up. Everything-I mean everything I do in my life is meant to guard against it. I know too many traders worth 10-20-50M go completely broke.
JOMO
宁愿错过，也别亏钱！要JOMO，别FOMO
I would rather miss a move then to lose money. Turn FOMO to JOMO.
总有更好的交易在等你。我从不怀念某个交易，或者打马后炮。经理当年在公司大喊的「心急吃不了热豆腐」，我花了好多年才悟到真谛。
There will always be another trade, a better trade. I don’t miss trades nor do I ‘Monday morning quarterback trades’. EMO ran round the NQ pit yelling “Don’t eat curry in a hurry”. Took me years before i realized what he meant.
远离市场
很多时候，交易者认为努力工作意味着总是参与到市场中。对我来说，努力工作意味着去跑步，多读书，打高尔夫，吃得更好，花更多时间陪家人等等。当我是最好的自己时，我对市场看得就更清楚，对我的交易也更有掌控力。
Too often traders think to work hard means to always be involved in the market. For me, to work hard means to go run, read more, golfing, eat better, spend more time with my family etc. I see markets clearer & am more in control of my trading when I am the best version of myself.
明天再来！今天是FOMC日，又是FB财报日，不要根据新闻去做交易。明天再来也不迟，没必要今天非要交易。犹豫，就别进场。
It is our job as traders to be here tomorrow! Today is a big day with FMOC, press conference & FB earnings-be careful to not try to time a trade based off reports or decisions. Be here tomorrow. You don’t have to make your fortune today. When in doubt-stay out.
自信与自负
交易员需要拥有大多数人缺乏的自信心。我们都必须意识到自信心何时结束，而自负又何时占据上风。 自信的交易者会从失败中夺取胜利，自负的则相反。在所有事情上，要保持平衡。
Traders need to posses a self confidence most lack.We all must be aware wheee self confidence ends & ego takes over. Self confident traders will snatch victory from the jaws of defeat. Egotistical traders will snatch defeat out of the jaws of victory. Balance in all things.
大道至简
让交易保持简单。找到一个一致的、可重复的和可扩展的交易系统。艰苦的工作都是在开市前和收市后完成的。
Keep your trading simple. Find a process that is consistent, repeatable & scaleable. The hard work is done before the market opens & after the close.
不为利润交易
很久以前，我就把我的损益从屏幕上删除了。如果我看着我的损益走高或走低，我就会犯错。我的工作是执行计划，然后交易价格行为。价格不以人的意志而转移！不要为了利润而交易。
I removed my P&L off my screens a long time ago. If I watch my P&L go higher or lower I will cover trades I shouldn’t & put trades on I should avoid. My job is to execute my plan-then I trade price action as it is not as I think or want it to be & I’m not trading my P&L.
成本
我不认为交易是赌博。和其他生意一样，我必须花钱才能赚钱。我认为我为寻找动力所花的钱是支出，而不是损失。
I do not see trading as gambling. As in any other business, I have to spend money to make money. I consider the money I spend to find momentum as expenses, not a loss.
克制、仓位管理
为了交易而交易让我损失的钱比任何其他错误都多。没有仓位实际上是一个交易决定。
Trading just to trade has cost me more money then any other mistake. having no position on is in fact a trading decision.
挣扎的交易者和持续盈利的交易者之间有一条细线。这条细线的一个重要方面是对仓位大小的管理，或者干脆不交易。直到市场显示疲软的迹象我才会考虑减仓。
There is a fine line between traders that struggle & consistently profitable traders. One VIP aspect of that fine line is when to size up or down or not trade. I will cut my size until markers show themselves to me. Go big, go small or not at all.
只与自己比赛
在场内，我必须与其他交易者竞争，与经纪人、银行和基金竞争。现在，我只和自己竞争，只和我的弱点竞争。我的习惯帮助我成为一个更好的交易员和更好的人。与自己竞争，不进则退。
On the floor I had to compete with other traders, I’d compete with brokers, banks & funds. Now, I only compete with myself. I compete against my weaknesss.My habits & routines help me be a better trader & a better person. Competing with myself, if I’m not moving forward I am going backwards.
Larry对他的回复：经过26年对52本交易书的回测，我们没有发现任何有效的交易方法。通过不断回测、自省并加以实践后，只有属于我们自己的方法才最有效。马特你应该恭喜自己，你让自己超越了大数法则的作用！!
Your method matters, after 26 years of backtesting 52 books of trading we have found no trading methodology that works. Only our own ideas worked when backtested and then run. Matt you should congrat yourself that you have methods that over the law of large numbers work!!
众所周知，成为长期成功的交易者的几率很低。但是，这是有可能的，尽管困难重重。1天1次的交易。做好自己的工作。不要让胜利的喜悦中被失败抢走。
We all know the odds are against us being long term successful traders. It is a tiny fraction of the amount of traders that make big money. But-it IS possible. Difficult as can be-but possible. 1 day, 1 trade at a time. Do the work. Don’t snatch defeat out of the jaws of victory
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