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原文链接: https://www.brookstradingcourse.com/ask-al/trading-buying-selling-pressure/ 生成时间: 2026-08-31 15:32
Buying and selling pressure areas BPA trading room Q&A: June 9, 2016
买卖压力区域 BPA 交易室问答：2016年6月9日
Question: I’m interested in knowing how you know certain areas are going to be bought and sold above and below. I’m sure that you’ve mentioned automated traders before. Audio duration: 4min 32sec
问题：我想知道你是如何知道某些区域会在上方和下方被买入和卖出的。我确定你之前提到过自动化交易者。音频时长：4分32秒
Trading logic
交易逻辑
To me, it’s just logic. I’ve made any mistake that you can think of, any mistake that all of you, together, can think of — I’ve made that mistake and I’ve lost money doing it. But I’m pretty good at observing my stupidity and I’ve learned a lot from it. What I do with every tick during the day is I try to think, “What will the bulls do? What will the bears do? What will the swing traders do — what will the scalpers do?” And I’m thinking about that every tick during the day, and I’m weighing it out in terms of probability, risk, and reward. And I’m taking a lot of trades because I see all kinds of ways to structure trades. And the computers are doing the same thing. They’re looking at risk; they’re looking at reward; they’re looking at probability; and they’re looking at limit orders; and they’re looking at stop orders. Are there more buyers above? Are there more buyers below? On this close of the bar, are there more buyers? Are there more sellers?
对我来说，这只是逻辑。我犯过你能想到的任何错误，你们所有人一起能想到的任何错误——我都犯过，而且我因此亏过钱。但我很擅长观察自己的愚蠢，并从中学到了很多东西。我每天在每个tick上都会尝试思考：“多头会做什么？空头会做什么？波段交易者会做什么——剥头皮交易者会做什么？”我每天都在每个tick上思考这些问题，并从概率、风险和回报的角度进行权衡。我做了很多交易，因为我看到了各种结构化交易的方式。计算机也在做同样的事情。它们在看风险；它们在看回报；它们在看概率；它们在看限价单；它们在看止损单。上方是否有更多买家？下方是否有更多买家？在K线收盘时，是否有更多买家？是否有更多卖家？
Computer algos
计算机算法
And the computers are programmed to do the same kind of stuff that I’m doing in my head. They do it more accurately; they do it faster; and they can take a lot more trades than I can take. I take a lot of trades, but they can take a lot more. I still don’t know if I’m answering your question, okay, but back to your question. I am interested in how you know certain areas are going to be bought and sold above and below.
计算机被编程成做与我在脑海中做的事情相同的事情。它们做得更准确；它们做得更快；它们可以做比我更多的交易。我做了很多交易，但它们可以做更多。我仍然不知道我是否回答了你的问题，好吧，回到你的问题。我想知道你是如何知道某些区域会在上方和下方被买入和卖出的。
You know, I’m always paying attention to support and resistance, and — especially if there’s a confluence of support and resistance, and especially if the overall context looks good — 60-minute chart, daily chart, weekly chart, monthly chart. We’re right at an all-time high. I keep talking about the cash index all-time high from a year ago, so, am I looking at the daily chart? Weekly chart? Monthly chart? I don’t know. It’s the same price on all of them, but I do look at — I do make options trades, like I’m still holding put spreads because the location is really good for put spreads, or for puts. Probability is not.
你知道，我总是关注支撑和阻力，尤其是当支撑和阻力汇聚时，尤其是当整体背景看起来不错时——60分钟图、日线图、周线图、月线图。我们正处于历史高点。我一直谈论着一年前的现金指数历史高点，所以，我是在看日线图吗？周线图？月线图？我不知道。它们上的价格都一样，但我确实会看——我确实会做期权交易，比如我仍然持有看跌期权价差，因为位置对看跌期权价差或看跌期权非常有利。概率不是这样。
Probability, risk and reward
概率、风险和回报
I keep talking about how many bull bars we’ve had on the daily chart, but the location is really good. So for me, risk/reward is very good. But if I get really good risk/reward the institution selling it to me gets really good probability. So that institution’s probably going to make money; I’m probably going to lose money, but if I do make money I could make pretty decent money.
我一直在说日线图上出现了多少根阳线，但位置真的很好。所以对我来说，风险回报比非常好。但如果我获得非常好的风险回报比，那么卖给我的机构就获得了非常高的概率。所以那个机构很可能赚钱；我可能亏钱，但如果我赚钱了，我可能会赚不少钱。
I mentioned before that I think my average entry price is $1.50 and it’s a $5 spread, so I’m paying $1.50 to make $5, so that means my net possible gain is $3.50. So my reward is more than twice my risk. That immediately tells you what my probability is, right? So if my reward is twice my risk, my probability is low . And that’s true of all trades where you have a very big reward relative to risk, you have low probability. Any time you have high probability, you probably have a stop that’s very far away, right? So buying the 39 low, buying the 42, 41 close, high probability, but stop far away, and probably not much reward left in the trade.
我之前提到过，我认为我的平均入场价格是1.50美元，而价差是5美元，所以我支付1.50美元来赚取5美元，这意味着我的净潜在收益是3.50美元。所以我的回报是风险的两倍多。这就直接告诉你我的概率是多少，对吧？如果我的回报是风险的两倍，那么我的概率就很低。这适用于所有交易，当你的回报相对于风险很大时，你的概率就很低。任何时候，如果你有很高的概率，你的止损可能离得很远，对吧？所以买入39的低点，买入42、41的收盘价，概率很高，但止损离得远，交易中可能没有多少剩余回报了。
So I’m not sure that I’m answering your question, but I’m trying.
所以我不确定我是否回答了你的问题，但我在努力。
Next [part of] question: Okay, I’m not interested in programming something. I’m interested in your knowledge about it and how it can be used to be a better trader.
下一个问题：好吧，我对编写程序不感兴趣。我对你的知识感兴趣，以及如何利用它成为更好的交易者。
Creative trading — Use your imagination
创意交易——发挥你的想象力
Like I said, what I’m always doing is at every instant I’m imagining what I would do if I was long. I’m imagining what I would do if I was short. And I make trading decisions based upon what I think the majority of traders who are long would do, and the majority of traders who are short would do. Having done this now for 30 years, I have a reasonably good — and as I said, I’ve been on every winning side, I’ve been on every losing side; I have a pretty good sense of what traders will do, and I try to pay attention. I’m sure I miss 100 things a day, but I see a whole bunch of things, and I see enough things that allow me to make money doing this. And also, I try to stay objective. I don’t say, “Oh my gosh, that’s terrible. I’m upset. I’d better buy; I’d better sell.” I’m pretty good at just staying objective all day long.
正如我所说，我一直在做的事情是，在每一瞬间，我都在想象如果我是多头我会怎么做，如果我是空头我会怎么做。我根据我认为大多数多头交易者会做什么和大多数空头交易者会做什么来做出交易决策。做了这件事30年了，我有相当好的感觉——正如我所说，我经历过每一次胜利，也经历过每一次失败；我对交易者会做什么有很好的感觉，我尽力去关注。我肯定每天都会错过100件事，但我看到了一大堆事情，我看到足够多的事情，让我能够通过做这件事赚钱。此外，我尽力保持客观。我不会说：“天哪，这太糟糕了。我很生气。我最好买入；我最好卖出。”我很擅长整天保持客观。
Al Brooks
阿尔·布鲁克斯
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