本文为 MEPA 导入的中英对照学习资料，原文归原作者及原站所有；中文译文尚未逐篇校对。页面日期为本站收录日期，原资料生成时间不代表原文发布日期。
原文链接: https://www.brookstradingcourse.com/ask-al/how-did-you-develop-your-trading-edge/ 生成时间: 2026-09-04 15:37
BPA trading room Q&A: May 14, 2015
BPA 交易室问答：2015年5月14日
How did you develop your trading edge? (Plus follow up related comments by Al on topic a week later.) Audio duration: 2min 49sec — Scroll down for images
你是如何形成你的交易优势的？（此外，Al 一周后就该话题发表了后续相关评论。）音频时长：2分49秒 — 向下滚动查看图片
Audio transcript
音频记录
Al’s most important trading edge
Al 最重要的交易优势
That is a question that I could talk about forever, and the single most important edge that I have, I think, is my ability to stay calm, and I’m constantly thinking about how to structure trades. You hear me talk about selling in bull trends, buying in bear trends, because if the market is channeling and if the swings are big enough, and if the market’s stair-stepping – pullbacks going beyond breakout points – you can do that. You also obviously hear me talking about trading with trend as well. And it does not matter to me whether I buy or sell, and whether it’s against trend or with trend. All that matters to me is whether what I’m doing makes sense.
这是个我可以永远谈论的话题，而且我认为我唯一最重要的优势（edge）是我保持冷静的能力，我一直在思考如何组织交易。你会听到我说在多头趋势中卖出，在空头趋势中买入，因为如果市场在通道中运行，且波段足够大，而且市场呈阶梯式——回撤超过突破点——那么你就可以这样做。你也显然会听到我谈论顺势交易。对我来说，买还是卖，是顺势还是逆势，都不重要。对我来说，重要的是我所做的事情是否合理。
Have I structured a trade that makes sense mathematically? Will I manage it correctly? And, I talk all day long about where stops are, and to me that’s the single most important thing when trading. If you take a trade and it makes sense mathematically, and your stop is correct, the math is on your side, and that’s the single best edge that you have. So you see 8 or you see 9, that you buy for any reason and stop down here and keep your fingers crossed, and then anywhere through here we’re Always In long, you can see the stops, new breakouts—stop below here, new breakouts—stop below here.
我设计的这笔交易在数学上是否合理？我能否正确地管理它？我整天都在谈论止损的位置，在我看来，这是交易中最重要的事情。如果你进行一笔交易，它在数学上是合理的，而且你的止损是正确的，那么数学就在你这一边，这是你拥有的最佳优势。所以，无论你看到8还是9，只要你有任何理由买入并把止损设置在下方，然后祈祷，那么从这里开始，我们始终持多，你可以看到止损位，新的突破——止损在下方，新的突破——止损在下方。
You buy for any reason and you just use the correct stop, and then once the trade goes your way, you decide how strong it is and whether you should remain in the trade and where you should take profits.
你可以因为任何原因买入，只要使用正确的止损即可。一旦交易朝着你预期的方向发展，你需要判断它的强弱程度，决定是否继续持有，以及何时获利了结。
Follow up edge comments 21 May, 2015 Letting trades go when trading edge diminished
2015年5月21日edge评论后续：交易优势减弱时，放弃交易。
So what do Sell the Close bulls do at this point?
那么，在这种情况下，卖出收盘的多头会怎么做？
Usually, they get out below a bear bar. Sometimes, they’ll get out even below a bull bar. So I think right now, everyone is flat. I chose not to buy this. I thought about it, but I did a lot of trading today and I was tired, so I’m resistant. And if I’m resistant I know I will not trade my best, I will not make my best decisions . And I don’t like to give anything back.
通常，他们在阴线下方离场。有时，即使在阳线下方，他们也会离场。所以我认为现在，每个人都持平仓状态。我选择不买入这个位置。我考虑过，但今天我交易了很多，感到疲惫，所以我有抵触情绪。如果我有抵触情绪，我知道我不会交易得很好，也不会做出最好的决策。我不喜欢让任何东西回吐。
So by the end of the day, a lot of times I’m tired in the final hour, I become very selective, and I let trades go, trades that I would take earlier in the day when I’m more alert, better able to maintain my attention, and better able to make clear, quick, confident decisions. And after six hours or so, I’m just not as good as I was several hours ago.
所以，到了一天的末尾，我经常在最后的一个小时里感到疲惫，变得非常挑剔，我会放弃一些交易，这些交易我在当天早些时候更清醒、更能保持注意力、更能做出清晰、快速、自信的决策时，是会接受的。经过六小时左右，我已经没有几个小时前那么出色了。
And that’s okay. I mean, that’s just a limitation of being a human. Especially now that I’m getting old, I want to be careful. I’m competing against computers and they do not get tired. They trade as well right now as they did six hours ago when the market opened. So whatever edge I had over the computers is less, and it may not even be an edge right now, and I only want to trade when I’m confident that I have a good edge.
这没关系。我的意思是，这只是作为人类的一个局限性。尤其是现在我年纪大了，我想小心点。我在与计算机竞争，它们不会感到疲惫。它们现在交易得和市场开盘时六小时前一样好。所以我对计算机的任何优势都减少了，现在可能甚至没有优势，我只想在我确信自己有良好优势时进行交易。
Al Brooks
阿尔·布鲁克斯
Information on Al’s Online day trading room
关于阿尔的在线日间交易室的信息