《股票作手回忆录·第九章·1907大恐慌·做空封神》第14节
I sold more stocks. As money got tighter call-money rates went higher and prices of stocks lower. I had foreseen it. At first, my foresight broke me. But now I was right and prospering. However, the real joy was in the consciousness that as a trader I was at last on the right track. I still had much to learn but I knew what to do. No more floundering, no more half-right methods. Tape reading was an important part of the game; so was beginning at the right time; so was sticking to your position. But my greatest discovery was that a man must study general conditions, to size them so as to be able to anticipate probabilities. In short, I had learned that I had to work for my money. I was no longer betting blindly or concerned with mastering the technic of the game, but with earning my successes by hard study and clear thinking. I also found out that nobody was immune from the danger of making sucker plays. And for a sucker play a man gets sucker pay; for the paymaster is on the job and never loses the pay envelope that is coming to you. Our office made a great deal of money. My own operations were so successful that they began to be talked about and, of course, were greatly exaggerated. I was credited with starting the breaks in various stocks. People I didn’t know by name used to come and congratulate me. They all thought the most wonderful thing was the money I had made. They did not say a word about the time when I first talked bearish to them and they thought I was a crazy bear with a stock-market loser’s vindictive grouch. That I had foreseen the money troubles was nothing. That my brokers’ bookkeeper had used a third of a drop of ink on the credit side of the ledger under my name was a marvellous achievement to them.
注释摘要
这一段出现在第九章的中后部,是利弗莫尔对自己整个交易生涯转折点的一次总结。他刚刚结束在欧洲的度假,因为看到联合铜业公司宣布额外分红的新闻,意识到多头集团在做最后的挣扎,立刻赶回纽约做空。此刻市场正处在1907年恐慌前夜那种令人窒息的气氛中,银根一天比一天紧,股价一天比一天低,而他这一次不但看对了,还真正赚到了钱。但这番话的重点根本不是钱,而是他终于觉得自己…