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Does the 6％ Rule allow me to trade？
If No； stand aside； if Yes：
6％原则是否同意交易？
如果否，观望；如果是：
Is the weekly chart giving a signal？
If No； move to the next market； if Yes：
周线图是否给出了信号？
如果否，移动好下一个市场；如果是：
Is the daily chart giving me a signal to trade in the same direction？
If No； skip that market； if Yes：
是否日线图给出了信号，同意顺势交易？
如果否，放弃这个市场；如果是：
Where will I put my profit target and stop； is the risk…reward ratio worth trading？
If No； skip that trade； if Yes：
我在何处设置利润目标，风险回报比是否值得交易？
如果否，放弃这个交易；如果是：
What size does the 2％ Rule allow me to trade and how much will I trade？
2％原则同意我交易多大仓位，我要交易多少？
One could draw an extensive flowchart for every trade； but the key point is to observe several inviolate rules； mostly having to do with money management and multiple timeframes。 As long as you observe those rules； you have a wide choice of analytic and trading techniques。 Just be sure to keep good records and continue to learn from your experience if you want to trade like a pro。
你可以针对每笔交易扩大流畅，但关键是不要违背原则，这些原则大都偶和资金管理，多重时间周期有关。当你运用这些原则时，你还可以提高你的分析交易技术。如果你想成为专业人士，记得要认真做交易记录，继续从经验中学习。
BEGINNER； SEMIPRO； PRO
新手，半个专业人士，专业人士
Traders’ questions reveal their stages of development。 Beginners always ask about trading methods … what indicators to use； what systems to choose。 They want to know the right Stochastic parameters and the best length of a moving average。 Most newbies are so excited about profits and so clueless about risk that no fancy tools can save them from disasters。
交易者的问题能反映他们的发展阶段。新手总是问交易方法——用什么指标，用什么系统。他们想知道正确的随即指标参数，均线参数。大多数新手有利润时很激动，但不知道平淡无奇的工具可以防止他们陷入灾难。
Those who survive the stage of original innocence move on； thanks to a bination of luck； work； or an inborn sense of caution。 They learn to select trades and find where to buy and sell。 They start asking why their profits are so inconsistent； if they know so much。 How e their account is up 20％ one month and down 25％ the next？ How e they can make money but not grow equity？
感谢运气，努力，或天生的谨慎，那些在纯真年代生存下来的人继续努力。他们学习如何选择交易，找到买卖点。他们开始疑问为什么利润总是不稳定，如果他们懂的多就知道了为什么。为什么第一个月账户涨了20％，第二个月又跌了25％？为什么他们能赚钱，但账户并没有增长？
Traders at the second stage often grab a profit and spend it before that money evaporates。 They feel insecure about their ability to make money。 I remember ages ago taking a penny profit from Swiss franc futures and rushing to a jewelry store to buy my then…wife a necklace。 Another time； I used a little less than a cent profit to buy my daughter an expensive Abyssinian cat。 Those cats have long lives and hers； named Swissie； used to remind me of my old impulsive trading days。
第二阶段的交易者经常会抓到利润，把钱花了。他们对自己的赚钱能力没把握。我记得几年钱我做瑞士法郎期货赚了一点点利润，我冲进珠宝店给我当时的妻子买了一条项链。还有一次，我用极少的利润为我女儿买了一只昂贵的阿比西尼亚猫。这种猫生命期长，这只猫名字叫瑞郎，以让我想起过去冲动交易的日子。
Traders who get stuck at that level keep bouncing up and down like a flower in an ice hole。 To move to the next stage； a trader must overe the biggest obstacle to winning … the person he sees in the mirror。 He must recognize his role in putting on impulsive trades； undisciplined trades； trades without stops。 No matter how clever his methods； he is not a winner until his mind is in the right place。 His personality； with all its quirks； influences results more than any puter。 Traders at that stage ask： “Do I have to put in stops or can I use mental stops？”
当交易者停滞不前时，会上冲下撞，就像生长在洞里的花。要想达到更高级别，交易者必须克服最大的障碍——镜子里面的人。他必须认识自己的角色，冲动交易，没有纪律，不设止损。不管他的方法多么聪明，如果他的想法不正确，他就不能成为赢家。他的个性，包括他的怪癖，对结果的影响要比电脑的影响大。这个阶段的交易者会问：“我要设置止损吗，能用思想止损吗？”
“Why am I afraid to pull the trigger？” “How e the trades I don’t take work out better than those I take？”
“为什么我害怕扣扳机？”“为什么我没买的总是比我买的涨的好？”
A trader who survives； succeeds； and moves up to the third stage feels relaxed and calm。 When he asks questions； he is interested in money management。 His trading system is in place； his discipline is good； and he puts a lot of time into thinking how to allocate his trading capital and reduce risk。
生存下来的，成功的交易者到达第三阶段以后就感觉轻松和平静了。当他提问时，他只对资金管理有兴趣。他的交易系统准备好了，纪律很好，他花很多时间思考如何分配资金，如何降低风险。
These three stages form a pyramid； a structure with a broad base and a narrow top。 The journey has a high attrition rate。 I wrote this book to help make your passage a little smoother； faster； less painful； and more profitable。
这三个阶段形成一个金字塔，大部分人在地步，少数在顶部。这个旅程很吸引人。我写这本书是帮助你旅行时轻松一些，快一些，痛苦少一些，利润多一些。
What are the reasonable profit targets for different stages？ The numbers I’ll give you may surprise you as low。 You want to make more money； and you should feel free to reach higher and do better if you can。 These guideposts should help you see whether you’re meeting the minimum requirements。 They help you recognize when you are in trouble so that you can stop； think； and adjust your methods。 If you trade for a bank and keep missing profit targets； your manager will pull your trading privileges。 A private trader has no manager and is in charge of his own discipline。 If this book helps you stop； think； regroup； and move higher； I have not wasted my time writing。
在不同的阶段，利润目标分别是多少？如果我告诉你数字，你会觉得太低了。你想赚更多的钱，如果你有本事，你可以设置更高的目标，做的更好。这些指示会帮助你明白你是否达到了最低的要求。当你遇到问题时，它们会帮助你认识到，你可以停下来，思考，调整你的方法。如果你为银行交易，结果总是亏钱，你的经理会不让你继续交易。个人交易者没有经理，只有自己的纪律起作用。如果本书能帮助你停下来，思考，重新组织，迈向更高的目标，那么我就没有浪费时间于写作。
1。 BEGINNER
新手
A。 The minimal acceptable performance level for a beginner is a loss of 10％ of trading capital in a year。 Traders are shocked when I give them this number。 They forget that most beginners blow themselves out fast。 Many lose 10％ in a month if not in a week。 If you can survive for a year； learn about trading； and lose less than 10％； your education is cheap and you are way ahead of the crowd。
新手一年最多可以亏损资金的10％。当我给出这个数字时，交易者会感到吃惊。他们忘了大部分交易很快就把自己毁了。很多人不是在一周内，就是在一个月内亏损了10％。如果你能在一年内生存来下，学习了交易，亏损还不到10％，你的教育成本就很低，你已经超过了大众。
B。 The goal of a beginner is to cover trading expenses and generate annual return on his account equal to one and a half times the current rate on T…Bills or a parable riskless instrument。 You have to charge the cost of software； data； classes； and books； includin