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-many-points-to-risk-per-trade/ 生成时间: 2026-08-28 15:28
Video duration: 7min 6sec
视频时长：7分6秒
Trading room Q&A Wednesday May 19, 2021
交易室问答 2021年5月19日 星期三
Q: I’m consistently messing up with good high probability trades with bad stop and bad risk/reward management. Other than recommended no more than 1%, is there a usual number of points I ought to risk for a trade for the Emini or the Micro Emini? Can you suggest a number of points for me?
问：我一直在高概率交易上因为糟糕的止损和糟糕的风险回报比管理而搞砸。除了建议单笔风险不超过1%之外，对于迷你标普（ES）或微型迷你，有没有一个通常应该承担的点数？你能给我建议一个点数吗？
So how many points to risk per trade?
那么每笔交易该冒多少点的风险？
So he’s saying, is there a standard number of points if you buy above 1? How many points do you risk? I think it’s better to use price action stops . Base your stops upon lows. So if you buy above 1, you exit below 1. If you buy above 3, you exit below 3. If you buy above 9, your stop is below 10. It never got hit and you would’ve made maybe up to somewhere in here, so you would’ve made 30 points.
他是在问，如果在1号K线上方买入，有没有一个标准点数？你要冒多少点的风险？我认为最好用价格行为止损，根据低点来设置。所以如果你在1号K线上方买入，就在跌破1号K线下方离场；如果你在3号K线上方买入，就在跌破3号K线下方离场；如果你在9号K线上方买入，止损就放在10号K线下方。止损从未被触及，你本可以大概赚到这里，也就是赚30个点。
But as I said, I would not buy above 1. Because of all the bull bars that we were getting here, and we were far below the Moving Average, we probably were not going to go down very far. So if we go down, there’ll be buyers below.
我说过，我不会在 1 之上买入。因为我们在这里看到很多阳线，而且我们远在均线之下，我们可能不会下跌太深。所以如果下跌，下方会有买盘。
That’s why if I’m buying above 5, I’m not getting out below 5. I might get out below last week’s low, or if we get a couple big bear bars closing on their lows – which we did not. We had a couple bear bars. One of them was big, not the other. So in all these reversals in here, I think the odds are we’re not going to go down a lot more. But that’s hard, to buy above 5 and then basically not use a stop or use an extremely big stop.
这就是为什么如果我在5号K线上方买入，我不会在跌破5号K线下方时离场。我可能会在上周低点下方离场，或者如果出现几根收在低点附近的大阴线——但我们没有。我们确实有几根阴线，其中一根很大，另一根不大。所以对于这里所有的反转，我认为大概率不会继续大幅下跌。但难就难在，在5号K线上方买入后基本不用止损，或者用一个极大的止损。
Time is limited – stuff happens quickly
时间有限——事情发生得很快。
You don’t have much time. You can say, “5 minutes? That’s a lot of time. I can think about things 100 times in 5 minutes.” It might seem like a lot of time, but it’s not a lot of time. Stuff happens quickly, and bars are changing constantly as they’re forming. So you don’t have that much time. But as I said, if you did not buy above 1 and you bought above 3, and you get out below 3, and then you take a second attempt above 10, in general, if you get stopped out repeatedly like that, if you get stopped out below 10, then you’re probably buying in a bear trend. It’s probably not worth it.
你没有太多时间。你可能会说：“5分钟？那很多了，我在5分钟里可以把事情想100遍。”这可能看起来很多，但实际并不多。行情变化很快，K线在形成过程中不断变化，所以你没有那么多时间。但正如我说的，如果你没有在1号K线上方买入，而是在3号K线上方买入，然后在3号K线下方离场，接着你在10号K线上方做第二次尝试——一般来说，如果你这样反复被止损，如果你在10号K线下方被止损，那么你很可能是在空头趋势中买入。这可能不值得。
Consider the Walmart trade
考虑沃尔玛的交易。
And you can see the bulls kept 15 from going below 10. So you could do the Walmart trade . You buy above 3, get stopped out below 3 and you lose a whole bunch, and then buy more above 9 or 10 and place a stop below 10 and go to Walmart and come back in a couple of hours. All of a sudden you come back and the market’s up here and you’ve more than made up your loss from buying above 3.
你可以看到多头阻止了15号K线跌破10号K线。所以你可以做“沃尔玛交易”。你在3号K线上方买入，跌破3号K线下方被止损，亏掉一大笔，然后在9号或10号K线上方再次买入，把止损放在10号K线下方，然后去沃尔玛，几个小时后回来。突然你回来发现市场已经涨到这里，你不但弥补了在3号K线上方买入的亏损，还赚了更多。
The market often does that. It really just takes a lot of money from traders. You don’t have much time. By the time you realize that the bar is 20 points tall, you’ve already taken the trade and you’re thinking, “Oh my gosh, I should not have traded a full size. I should’ve traded 2 or 3 Micro Eminis or 1 Micro Emini.” That’s just what happens on the open. You get all these big bars, and you get stopped out and the bars get smaller, and it becomes really hard to make back what you lose early on. That’s one of the reasons why on the open, it’s better to not rush.
市场经常这么干。它真的就是不断从交易者手里把钱拿走。你没有太多时间。等你意识到这根K线有20个点那么高时，你已经进场了，然后你会想：“天哪，我不该用标准仓位。我本该只做2到3手微型迷你，或者1手微型迷你。”开盘时就是这样。你会遇到所有这些大K线，然后被止损，接着K线变得越来越小，想赚回早盘亏掉的钱就变得非常困难。这也是为什么开盘时最好不要急着进场。
Easy to lose a lot on the open
在开盘时很容易损失惨重。
But I understand what you’re saying. Especially in the open, it’s really easy to lose a lot and then never make it back for the rest of the day and feel bad all day, feel bad the next day. I remember 35 years ago, 30 years ago, I would feel bad for several days after I did something that was a mistake. I was too eager to buy. I used too tight of a stop. I traded too big of a position. Take your pick. Any one of those things, all three of those things. They can just be really upsetting, painful. You feel bad. You just wonder, “Can I do it?”
但我理解你的意思。尤其在开盘时，很容易亏很多，然后一整天都赚不回来，一整天难受，第二天还难受。我记得35年前、30年前，我犯了错后会难受好几天。我太急于买入，止损设得太紧，仓位太大。随便你挑。任何一件，或者三件全都有。这些事真的会让人非常沮丧、痛苦。你很难受，你会想：“我能做到吗？”
Trading goals
交易目标
One of the most important things – I talk about this every now and then – is trade small. However you think is small, whatever size you think is small, trade a quarter of that size until you’re consistently profitable. The argument is, “Al, I can make a living trading 1 or 2 Eminis. I cannot make a living trading 1 or 2 Micro Eminis.”
其中一个最重要的事情——我时不时都会提到——就是要小量交易。无论你认为多小都行，无论你认为多小都是小量，都要先把这个量再缩小四分之一，直到你能够持续盈利。有人会说，“Al，我交易1到2张迷你标普（Emini）就能养活自己。我用1到2张微型迷你（Micro Emini）是无法养活自己的。”
Well, if you’re not making money, your first goal is NOT to make a living. Your first goal is to make any kind of money, become consistently profitable. Your second goal is not to make a living. Your second goal is to slowly build your account and then increase your position size.
听着，如果你现在还没赚钱，你的第一个目标不是谋生。第一个目标是先赚到钱，不管多少，做到持续稳定盈利。第二个目标也不是谋生。第二个目标是慢慢把账户做起来，然后逐步加大仓位。
So you don’t go from losing money to making a whole bunch of money in a matter of a month or two. It’s a process that takes a long time. A year. Could take longer. So the first goal is to consistently make money and get rid of the pain, the emotion. The best way to get rid of the emotion is to not put yourself in a position where you can have these bad feelings. Trading too big, using stops that are too tight, getting out too soon, taking bad trades that you know are bad and you just take them anyway.
所以你不会在一两个月内从亏钱变成赚大钱。这是一个需要很长时间的过程。一年，甚至更久。所以第一个目标是稳定赚钱，摆脱痛苦和情绪。摆脱情绪的最好办法，就是不要让自己陷入会产生这些负面情绪的境地：仓位太大、止损太紧、过早离场、明知是坏交易还去做。
Get rid of bad trades to become consistently profitable
摆脱坏交易，才能稳定盈利
If you get rid of the bad trades and trade really, really small, that gives you your best shot at getting consistently profitable. Also, swing trade. Don’t take any trade with the intention of scalping out for 2 points. Every trade that you take, you’re hoping that you’re going to get a reward at least twice the risk. You’re hoping you’re going to get at least two legs. You’re hoping you’re going to stay in the trade for at least an hour or two.
如果你摆脱坏交易，并把仓位做得非常非常小，你才最有希望做到稳定盈利。另外，要做波段交易。不要抱着剥头皮赚2个点的心态去做任何一笔交易。每一笔交易，你都应该期望回报至少是风险的两倍。期望至少走出两腿推进。期望持仓至少一两个小时。
That’s how to trade. Do that for a while and see if you stop losing money. See if you start to consistently make money, and then see if you’re doing it well enough so that your account is starting to grow for several months, many months, and then start to increase your size. At that point, you’re in a position to start to make money – make significant money, enough money to live off.
好，这就是交易的方法。坚持这样做一段时间，看看你是否能停止亏钱。看看你是否开始稳定地赚钱，然后看看你是否做得足够好，让你的账户开始增长，持续几个月，甚至很多个月，然后开始增加仓位。到那时，你就有能力开始赚钱了——赚大钱，赚足够的钱来维持生活。
Psychological pressures
心理压力
People put themselves under a lot of pressure . “My account is small. I really need to win quickly. It looks so easy, but I’ve really got to get good fast, or otherwise my dream is going to die.” But that’s not going to work. You cannot rush the process, and the best advice is to trade very, very small and swing trade. If you’re trading really small, you can always scale in, like I did today – buying above 5, buying more above 9, and I think above 15.
人们给自己很大压力。“我账户很小，我真的需要快速赚钱。看起来很简单，但我必须很快变好，否则我的梦想就要破灭了。”但这行不通。这个过程急不来，最好的建议就是仓位非常非常小，做波段交易。如果仓位真的非常小，你总是可以加仓，就像我今天做的那样——在5上方买入，在9上方加仓，还有我记得在15上方也加了。
Summary
总结
That’s what I would do. Trade very small. The smallest you possibly can trade. Look for swing trades, and use reasonable stops. If you get stopped out, just take the next trade.
这就是我会做的。仓位非常小，能多小就多小。寻找波段交易，使用合理的止损。如果被打止损，就做下一笔交易。
All right, hope everybody has a good night.
好的，祝大家晚安。