People believed that the Government by buying cotton, wheat and loaning money could stop the depression, but when once a cycle is up and prices are due to decline, nothing can stop them until it has run its course. The same when the main trend turns up, neither government nterference nor anything else can stop the advance until
it runs its course.
"Every investor and trader should do his own studying and learn
rules and apply them and not rely on other people who know no
more about the market than he does." (pp. 136-137)
人们总是相信政府可以通过购买棉花、小麦和发放贷款来阻止股市的下跌，但一旦循环周期处于高位且价格开始下落时，在它走完它的过程前任何力量也阻止不了它。同样当趋势转升时，不管是政府干预也好或者使其同任何事情都阻止不了它的上升。每一个投资者和交易者都应该亲自研究，学习规则并在实战中应用它们而不应该依靠那些并不比他们自己更了解市场的人。【交易之路www.irich.info收集整理】
不要有这种想法那就是你能够一直持有股票直到它按照你预想的方式运行，这完全是固执，没有任何坚实的逻辑和推理。
当你产生怀疑时，出局，迟疑是非常危险的。就象内部交易者所作的，得不到你想要的，就只得到你能得到的。如果市场不接受他们所出的价格，那他们就只报能接受的价格。如果市场不按他们的预想走，他们就按市场的趋势走。聪明人改变主意，愚蠢的人从不。