目录
A Note About This Master Course
关于这份高级教程
Grains Lessons 谷物篇
Chapter 1: Speculation A Profitable Profession: A Course Of Instructions On Grains
第1章： 投机是一门有利可图的职业： 谷物市场概述
Chapter 2: Mechanical Method And Trend Indicator For Trading In Grains.
第2章： 谷物交易的方法和趋势指导
Chapter 3: 2-Day Chart Moves Time Turns.
第3章：2日图的转向
Chapter 4A: Rules forTrading In Soy Beans, Corn, Wheat, Oats And Rye (Sept. 1950)
第四章A：关于大豆、 玉米、 小麦、 燕麦和黑麦的交易规则（1950年9月）
Chapter 4B: Rules for Trading In Soy Beans, Corn, Wheat, Oats And Rye (1950年10月)
第四章B：关于大豆、 玉米、 小麦、 燕麦和黑麦的交易规则（1950年9月）
Chapter 5A: The Basis Of My Forecasting Method For Grains - Geometric Angles (c.1940+)
第五章A：我的预测方法是基于几何学角度(c.1940+)
Chapter 5B: The Basis Of My Forecasting Method For Grains - Geometric Angles (1951)
第五章B：我的预测方法是基于几何学角度(1951)
Chapter 6: Squaring The Price Of Grains With Time
第六章：时间与价格的转换（这个有点难翻译，请指教）
Chapter 7: Forecasting Grains By Time Cycles.
第七章：预测谷物的周期循环
Chapter 8: Soy Beans Price Resistance Levels
第八章：大豆的价格阻力等级
Cotton Lessons 棉花篇
Chapter 9: Mechanical Cotton Method And New Trend Indicator
第九章：棉花交易的方法和最新趋势指导
Chapter 10: Cotton Forecasting Instructions
第十章：棉花交易的预测指导
Eggs Lessons 鸡蛋篇
Chapter 11: Master Egg Course
第十一章：鸡蛋高级教程
Master Calculators And Related Lessons 关于价格计算器的高级内容 （Calculators也可以译为计算图表，后面将根据本篇全文内容来重新修正）
Chapter 12: The Master Mathematical Price Time And Trend Calculator
第十二章：时间价格和趋势的高级运算
Chapter 13A: How To Use The Master Calculator - May Soy Beans (1953)
第十三章A：高级运算在五月大豆期货合约上的运用(1953)
Chapter 13B: How To Use The Master Calculator - May Soy Beans (1955)
第十三章B：高级运算在五月大豆期货合约上的运用(1955)
Chapter 14: Master Calculator For Weekly Time Periods To Determine The Trend Of Stocks And Commodities
第十四章：股票和商品期货中周线时间周期的趋势确定
Chapter 15: Cash And May Soy Bean Futures
第十五章：五月大豆期货的买卖
Chapter 16: May Soy Beans Square Of 67 - Time Periods For Days, Weeks, Months
第十六章：五月大豆的年月日周期与67的平方关系
Master Charts 高级图表
Chapter 17A: Master Charts
第十七章A：高级图表
Chapter 17B: The Hexagon Chart
第十七章B：六边形图表
Chapter 18: Master Price And Time Chart - Squares 1 to 33 Inclusive, Price And Time 1 to 1089
第十八章：时价从1循环到1089并包含1到33的平方的重要价格和时间图表（翻译准确难度大！）
Chapter 19: Price And Time Chart - Cycle of 0° to 360. Time Periods 15 Days Equals Degrees - 24 cycles 24 Price For Daily Time Charts
第十九章：15天与24时间价格循环与0 °to 360°的时间价格循环的关系图表（翻译准确难度大！）
Other Writings 其它
Chapter 20: May Coffee Santos D
第二十章：五月咖啡的行星角度
Chapter 21: Supply & Demand Letters
第二十一章：补充和信件来往
关于本书
这本高级期货教程来源于大量的课堂笔记，但这里面所有的内容并不是全部来源于江恩公开实用的教程。
这本教程乃是经一小部分爱好者花费巨大的时间和精力认真搜集，汇编及校对而成。编写这一教程的最大目标是希望这些资料能给那些研究江恩的爱好者以最大的帮助。
在这本高级教程中，我们仔细的抄录每部分的内容，以尽量保持江恩原著的真实性，并且已经仔细按正规的格式编好章节和页码。
我们的主要工作是复制原文并作一些拼写及语法匹配和修改。但不乏例外：
在明显与前文的重复之处或者出现较为明显错误的地方，我们进行了相应的更正。读者应该注意到那些所有细微的更正皆是为了避免改变原文原有的潜在涵义。(黑水备注：本教程初始来源就相当于手抄本，所以错误及混乱的地方肯定很多。感谢原作者及其同道在这上面下了不少的功夫。)
其它地方，在有明显错误的原文旁边加入了更正标记，这样将使得前后文的意思更加的连贯和清晰。所有的标记是放在方括号内的，比如［我喜欢］这样的字句。所以这样提示在文中多处出现，读者能否接受则最终取决于他们自己。文中很多象这样的注解提示皆出于编者自己的理解，但最终能否接纳完全取决于本书的读者。
我对那些花费大量时间整理抄写资料的朋友致以最真的感谢，没有您们的帮助本教程绝对难以面世。
我真心希望这分教程能对江恩理论的研究者和爱好者有巨大的帮助。
第一章 投机是一门有利可图的职业：谷物市场概述－(江恩期货教程中文版 )－003 CHAPTER 1
SPECULATION A PROFITABLE PROFESSION:A COURSE OF INSTRUCTIONS ON GRAINS
第1章：投机是一门有利可图的职业：谷物市场概述
A Course of Instructions With Time Tested Practical Rules of Trading in Grains.
行之有效的谷物实用交易规则
In 1911 after I had made a great success trading in stocks and commodities, there was a public demand for a book with my rules for trading successfully. This demand was answered by my first small book, “Speculation A Profitable Profession”. As the years went by I learned more about the market and realized that others needed the help that I could give them and I wrote more books to help others who were trying to help themselves.
在1911年我在股票和期货交易市场取得了巨大的成功后，公众要求我写一本交易功的规则的手册。这种要求已经在我的《投机是一门有利可图的职业》书中给予回答。随着时间的推移，我在市场中获得了更多的经验，让我意识到应该写更多的给予那些需要帮助的朋友们。
In May 1954 I am nearing my 76th Birthday and am writing this new course of instructions not to make money for I have more income than I can spend but realizing the demand and the need for more knowledge about future trading by so many people I now give the benefit of my 52 years experience to help those who need it. The price of this course is made reasonable in order that men and women with a small account of money can get a market education and start with a small capital and make a success provided they follow the rules after they learn them.
写这本新规则教程是在1954年5月正是我快过76岁生日时候，金钱对我已无丝毫意义。我的收入远大于日常消费。因此写本书的目的是将我在期货交易市场上52年的好的经验给予那些在需要更多知识和帮助的人们。假如认真学习了本书的规则后，大家可以开一个小的资金帐户在市场上开始交易并会让你赚钱。
My experience has proved that it is more profitable to trade in commodities than stocks and you can make larger profits on the same amount of capital with smaller risk. When you trade in commodities you are trading in the necessities of life.Commodity prices obey the law of supply and demand and follow a seasonal trend most of the time.
我的经验证明，商品期货比股票市场能让你更能赢利，，因为你用同样的资金和更小的风险能博取更大的利润。商品期货交易与你平时生活中的交易无多大的区别。商品价格大多数时间服从和跟随季节性的供需规律和状况。
When you learn the rules and follow them you eliminate trading on Hope, Fear,and Guesswork which is nothing but gamble and you cannot afford to risk your money gambling. You must follow mathematical rules which I have proved to be realistic guide in trading. You must prove to yourself that the rules have always worked in the past and they will work in the future. When you have the proof follow the rules and you will make speculation a profitable profession.
当您学会规则并且遵循这些规则交易时，你必须抛弃你对市场的一厢情愿和恐惧，因为你的赌博和你的臆测将会给你的资金造成极大的风险。您必须遵循我给出的已经被当前市场证明的数学规则。您必须亲自验证这些规则在市场上过去和未来的运用。当您已经验证并且遵循规则进行交易，你将会在这投机市场上获得成功。
-----------------------------2006-7-19 1:26:43第一版
who are accustomed to giving orders to others and have them carried out will often when they get into the market, especially for the first time, expect the market to follow their orders or move their way. They must learn that they cannot make the market trend go their way. They must follow the market trend as is indicated by fixed rules and protect their capital and profits by the use of STOP LOSS orders. There is no harm in making a few mistakes and a few small losses because small losses are the expense of a successful speculator. If you intend to make speculation a profitable profession you must learn all the rules and apply all of them to determine the trend. Professional men, such as lawyers, doctors, accountants and engineers spend years in training and a large amount of money to learn how to succeed in their chosen profession. You must spend time and money to learn the profession and become a successful speculator or investor.
那些在生活中习惯发号施令并让别人强行执行他们指令的人当进入市场时，尤其是初次进入市场时经常希望市场遵循他们的指令或按照他们的愿望变化。他们必须认识到市场是不可能按照他们的意图运行。他们必须遵从市场规则所显示的趋势并且通过设置止损来保护资金和利益。犯一点错误以及蒙受一点损失是没有害处的，因为少量的损失是一个成功投机者的学费。如果你打算进入投机这个有利可图的领域，你必须学会所有的规则并且应用这些规则去确定趋势。专业人员，就像律师，医生，会计以及工程师花费多年时间和大量金钱去学习怎样在自己选择的职业中获得成功。你必须花费时间和金钱去学此专业从而变成一个成功的投机者或投资人。
HOW TO MAKE SPECULATION A PROFITABLE PROFESSION
如何进行有利可图的投机？
Speculation or investment is the best business in the world if you make a business of it. But in order to make a success of it you must study and be prepared and not guess, follow inside information, or depend on hope or fear. If you do you will
fail. Your success depends on knowing the right kind of rules and following them.
如果你想做生意，投机或者投资是这个世界上最好的买卖！但是在操作之前你必须认真学习和作好准备
