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原文链接: https://www.brookstradingcourse.com/ask-al/swing-traders-staying-always-in/ 生成时间: 2026-09-04 15:28
BPA trading room Q&A: November 20, 2015
BPA 交易室问答：2015年11月20日
Any advice for a swing trader who wants to stay with the Always In direction until the Always In clearly changes how they do this today?
对于波段交易者来说，如果他们希望在「始终持仓」方向保持不变直到该方向明确改变，他们今天该如何做？有什么建议吗？
Video duration: 4min 24sec
视频时长：4分24秒
You can also view this video on Al’s YouTube Channel if needed.
如有需要，你也可以在 Al 的 YouTube 频道上观看此视频。
Video transcript—Swing traders staying Always In
视频文字稿——波段交易者保持「始终持仓」
Two ways to handle Always In
处理「始终持仓」的两种方法
Yeah, I just talked about Always In. In general, there are two ways to handle Always In . You take every logical reversal or you only take the really strong reversals, so you can either buy above 1 or buy the 2 close. I think the bulls get out below 11. Some bears short below 11, other bears wait and they short either below 24 or maybe the 28 close. That’s getting pretty late.
是的，我刚刚谈到了「始终持仓」。一般来说，处理「始终持仓」有两种方法。你可以抓住每个合理的反转，或者只抓住真正强劲的反转。因此，你可以选择在1号K线上方买入，或者买入2号K线的收盘价。我认为多头会在11号K线下方离场。一些空头在11号K线下方做空，其他空头则等待，他们在24号K线下方或可能在28号K线的收盘价做空。这已经有点晚了。
And 34 is really not a major reversal. 52 is not a major reversal. 68 is, I think, an interesting reversal. I thought the odds were 66, 67, exhaustion gap and that we’d get up above 66, and probably back up to the open, to the high of last week. So theoretically, the bears either sell below 11 or they get short somewhere through here, and the bulls never really had a strong buy. So theoretically the bears stay short and they keep trailing stops above most recent lower highs here then here, and then here, and then they get out above 68 where they reversed to long.
而34号K线其实并不是一个重要的反转。52号K线也不是一个重要反转。我认为68号K线是一个有趣的反转。我认为概率是66、67，这是衰竭缺口，我们会涨到66号K线上方，可能回到开盘价，回到上周的高点。所以理论上，空头要么在11号K线下方卖出，要么在这里某个位置做空，而多头其实从来没有一个强劲的买入机会。因此，理论上空头保持做空，他们持续将止损设置在最近较低高点的上方，这里、这里，然后这里，然后他们在68号K线上方离场，因为他们在那里反转做多。
Don’t choose the in-between road
不要选择中间路线
I think that’s an okay way to do it. I’m sitting here all day long watching every tick, so to me I’d take more frequent reversals and just go to accumulate all those little moves that I was talking about. But there’s really no easy way. The worst thing to do is be in-between, right? You always hear that if you hang out in the middle of the road, you get killed. And with trading, if you’re choosing between frequent reversals and very few reversals — sell below 11, buy back below 68 — and instead, you choose something in between the two extremes, you’re almost certainly going to lose money. So either you take all the reversals: selling below 11, buying above 34, maybe going flat above 19 — right? — buying above 52, selling below 64. Either you’re taking all of those or you’re using the wide stops. If you’re trying to do something in between, you’re going to lose money. So in other words, you sell below 11 and then you think 16’s bad so you buy back above 16, and then you wait to sell until you’re down here, 29, and you say, “Uh-oh, 24, I’ll get out below 24.” Then you wait to sell until 49 or 50, and then you buy above 52. If you keep waiting and entering late, and then giving a lot of room but not fully the amount of room that you should, and you exit your shorts late and you buy late, then you’ll be buying high and selling low to get in and get out of trades and you’ll lose money.
我觉得这是一种可行的方法。我整天坐在这里盯着每一笔行情，所以我会更频繁地应对反转，去累积我之前提到的那些小波动。但实际上没有简单的方法。最糟糕的做法就是处于中间状态，对吧？你常听说，如果你站在路中间，就会被撞死。在交易中，如果你在频繁反转和极少反转之间做选择——在11下方卖出，在68下方买回——而你却选择了这两个极端之间的一种中间做法，你几乎肯定会亏钱。所以，要么你接受所有反转：在11下方卖出，在34上方买入，可能在19上方平仓——对吧？——在52上方买入，在64下方卖出。要么你使用宽止损。如果你试图在中间做点什么，你就会亏钱。换句话说，你在11下方卖出，然后你觉得16不好，所以在16上方买回，然后你等到这里，29，再卖出，你说：“哦，24，我会在24下方离场。”然后你等到49或50再卖出，然后在52上方买入。如果你一直等待和迟入场，然后给很多空间但又不完全给足应有的空间，你迟迟不平空头头寸，迟迟不买入，那么你就会在高位买入，在低位卖出，进出交易都会亏钱。
Question follow up same session
同一节课中的后续问题。
Q: I entered short on bar 50 at 2085 with a stop above 48. [Okay, that’s okay.] When I saw the four bull bars, I exited while 55 was forming. Can you comment on the trade management?
Q：我在50号K线2085点做空，止损设在48点上方。[好的，没问题。]当我看到四根阳线时，我在55号K线形成时平仓了。你能对这个交易管理发表评论吗？
Yeah, so we short down here. This is exactly what I was talking about. So he sold 50. I was talking about selling 51. I pay attention to the low closes. That lowest close of the day, the highest close of the day, the lowest close of a bear breakout, the highest close of a bull breakout. And then I watch what happens over the next few bars and it gives me an indication of what to expect. If you sold the 50 close for a swing, I think you might get out above 52 — I would not get out 56. That’s in the middle of the 48-50 bear breakout so, to me, that’s a sell zone. So if you did not get out above 52, I think you hold with your stop above 48 and you just wait to see what happens. That’s another example of the skunk in the middle of the road; you either get out above 52 or you get out above 48 and not anything else. Those are the two choices, and if you choose somewhere in between it’s just asking for trouble. Buying back a short somewhere in here, this is where bears are selling — a pullback to the middle of the bear leg, so that’s a sell zone, not a buy zone.
是的，我们在这里做空。这正是我之前说过的。所以他卖了50。我之前说过要卖51。我关注低点收盘价。当天的最低收盘价、当天的最高收盘价、空头突破的最低收盘价、多头突破的最高收盘价，我都会关注。然后我观察接下来几根K线的走势，这能让我知道接下来会发生什么。如果你在50的收盘价做空波段，我认为你可能会在52以上离场——我不会在56离场。那是在48-50空头突破的中间位置，对我来说，那是卖出区域。所以如果你没有在52以上离场，我认为你应该将止损设在48上方，然后耐心等待，看看会发生什么。这又是一个“路中间的臭鼬”的例子；你要么在52以上离场，要么在48以上离场，别无其他选择。只有这两个选择，如果你选择中间某个位置，那就是在自找麻烦。在这里回补空头头寸，这正是空头在卖出的地方——空头腿中间的回撤，所以这是卖出区域，而不是买入区域。
Al Brooks
我是 Al Brooks，全球顶尖的价格行为（PA）交易教育者。
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