microsoft's acquisition of the face, jerry yang and filo had refused to choose.

jerry yang and filo bear the greatest of all the shareholders the fiduciary obligations.

杨致远与费罗对全体股东负有最大的受托义务。

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yahoo started in 1994 as the project of two stanford universi- ty students, david filo and jerry yang.

雅虎在1994年开始于两个斯坦福大学的学生大卫·费罗和杰里·杨的策划。

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mr. yang, who co-founded yahoo along with david filo 16 years ago, is raising hackles because of his multiple roles at the company.

16年前，杨致远与费罗（DavidFilo）共同创立了雅虎，如今他却因在公司内的多重身份引发外界质疑。

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his first instinct as chief executive was to revive the company that he co-founded with david filo at stanford university in 1994.

作为首席执行官，他的第一直觉是重振公司。雅虎是1994年他与斯坦福大学的大卫•费罗（DavidFilo）共同创立的。

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it was as dull as it sounds, so yang and filo skipped class to surf the web.

听起来就很无聊，杨致远和费罗就翘课跑去上网。

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big boys don't cry

大男孩别哭

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ever-changing market, short-term promotion with market changes and to make appropriate responses to different times and stop.

市场变化万千，短线推介会随市场变化及不同时段作出适当对策及止损。

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the value of this trailing stop is that it moves upward very promptly as higher highs are reached.

该跟踪止损点的优点在于当市场不断创出新高时止损点能相应迅速上移。

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this paper also studied the average rate of return and its variance of long-term investment with stop-loss strategy.

本文还对具有止损策略的长期持有风险资产的平均收益率的均值和方差进行研究。

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it's probably in the region of 25-30 per cent of clients who use stop-losses, says morris.

莫里斯表示：可能有25%至30%的客户使用了止损服务。

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using a shorter channel can create a closer stop in order to preserve more open trade profits.

短周期的通道止损策略设置的止损点较近，因而能保护更多的浮动盈利。

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other firms encourage clients to manually set their own stop-losses and then revise them as prices move.

其它公司鼓励客户自主设置自己的止损点，然后根据价格走势进行改动。

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trend traders use an initial risk rule that determines position size at the time of entry.

趋势交易者买进伊始，便设立最初的止盈和止损位置。

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always properly manage money, size positions accordingly, obey stops, and protect profits.

总是合理管理金钱，适当掌握头寸，服从止损，并保护利益。

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be sure to place your stop where you do not expect the market to go.

尽量把止损单下在市场碰不到的地方。

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this type of trailing stop is commonly referred to as a channel exit.

这种跟踪止损常常被叫做通道止损。

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cut losses with the most strict discipline.

用严格的方法去止损。

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always determine a stop and a profit objective before entering a trade.

在开仓之前决定好止损和盈利目标。

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always move your stop to protect your profits.

经常移动你的止损来保护你的盈利。

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this is why traders must use stops and proper money management.

这是交易者必须止损和资金管理的原因。

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