《股票作手回忆录·第五章·赚大钱靠坐得住·老火鸡》第5节
I had to go further back than an hour in my studies of the market--which was something I never would have learned to do in the biggest bucket shop in the world. I interested myself in trade reports and railroad earnings and financial and commercial statistics. Of course I loved to trade heavily and they called me the Boy Plunger; but I also liked to study the moves. I never thought that anything was irksome if it helped me to trade more intelligently. Before I can solve a problem I must state it to myself. When I think I have found the solution I must prove I am right. I know of only one way to prove it; and that is, with my own money. Slow as my progress seems now, I suppose I learned as fast as I possibly could, considering that I was making money on balance. If I had lost oftener perhaps it might have spurred me to more continuous study. I certainly would have had more mistakes to spot. But I am not sure of the exact value of losing, for if I had lost more I would have lacked the money to test out the improvements in my methods of trading.
注释摘要
这段文字，标志着利文斯顿（也就是杰西·利弗莫尔在书中的化身）投机生涯中一次极为关键的认知升级。为了理解这一步跨越有多难，我们必须先回到1890年代末到1900年代初的华尔街现场，看清两种截然不同的“游戏”场地：一边是他以前混迹的对赌行，另一边是他现在身处的正规证券公司。 其中的分野，就藏在“一个小时”这个时间尺度里。对赌行里的行情纸带，几乎是即时的。它的核…