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股市雙向思維是什麼意思

發布時間: 2025-03-10 01:03:46

『壹』 股票高手請進~

江恩的理論不是在具體的教你怎麼去買賣股票,而是一種哲學和大氣的展現。無論是具體科學還是文學,最終是哲學上的概括才能把握全局,人類的文明雖然隨著時代在不斷的變遷,但是人是恆古不變的萬物之靈。有句話叫做:站的高才能看得遠。江恩就是把古往今來對哲學的思考加入了理論之中,你僅僅局限於股票操作是無法體會這種大氣的。你的學會縱觀全球的金融市場,從宏觀經濟學的角度來看資本市場,而不是單獨的股票,最終轉化成一種對戰略的思考,而不是具體操作的戰術。你把自己想像成國家的財政部長,手握2000億資本,要抵禦外來的金融攻擊,也要發展國內的經濟。你就能理解了!
PS:江恩理論的戰略意義明顯大於戰術意義,他把握的更多的是趨勢,而非細節的操作點。操作點我建議還是傾向數學工具,用統計的方法,大數理論能平滑掉內部的誤差,從而反映本質的細節。不然你還看什麼K線阿?K線不就是每天去統計數據畫圖么?量變產生質變,道理不錯,但是質變得時間和關鍵點,江恩的理論顯得有些勉強,不如看數據來的真實。科學沒有半點虛假。

『貳』 股指期貨對中國股市的影響

股指期貨的四方面影響
股指期貨對中國股市有四影響 不改市場長期趨勢

隨著我國經濟的持續穩定發展以及市場化改革的不斷推進,金融衍生產品的推出成為當務之急。股指期貨作為一個投資品種和風險管理工具,本身是中性的,它的推出不會改變市場的長期趨勢,雖然在其推出後短期內可能會對股市形成一定的擾動,但主要仍將受市場總體態勢及內在估值的影響,而且估值因素的影響更為重要。

當然,由於股指期貨具有金融衍生產品的特性,它的推出必然會對我國股票現貨市場產生重要而深遠的影響,主要有以下幾個方面:

影響一,證券投資思維方式的變革。股指期貨提供了風險管理工具,有助於投資者真正構建投資組合,降低系統性風險。另外,股指期貨引入了做空機制,影響市場走勢的因素比以前就更多了,投資者的投資思維和投資策略也必須適時轉變,改單向思維為雙向思維。股指期貨推出後,一方面,市場估值更趨合理,股價不太可能再大幅超出其內在價值,否則,與基本面嚴重脫節的股票就會產生很多套利機會;另一方面,只要趨勢判斷准確,做空也能獲利,即在熊市中亦可賺錢。

影響二,可以吸引增量資金進場,擴大股票市場規模,增強市場流動性。股指期貨推出後,由於部分投資者需要對資產組合進行重新配置,故短期內可能會分流股票現貨市場的資金,影響股票市場交易量。但從中長期來看,股指期貨的推出使得股票交易機制更加完善,同時多了一種風險管理工具,將會吸引更多的穩健型資金參與股票投資。另外,利用股票現貨和股指期貨套利是一種風險較低的交易模式,能夠吸引許多套利資金入市。因此,股指期貨能夠為市場帶來大量新增資金,提高股票現貨市場的活躍程度,推動股票現貨和股指期貨的交易量雙向增長。美國、香港等市場的經驗也驗證了這一點,芝加哥商業交易所1982年推出S&P500股票指數後,股票現貨和股指期貨的交易量大幅提高;香港1986年推出恆生股指期貨後,股票交易量當年就上升了60%,此後股票交易量不斷增加。

影響三,有助於優化投資者結構。目前我國證券市場參與者仍以中小投資者為主,機構投資者的規模只佔30%左右,由於各種原因,中小投資者大多以投機心態參與股市,顯然不利於證券市場的長期健康發展。股指期貨推出後,除了會增強市場的流動性和穩定性之外,也將提高證券市場的發展程度和層次,各種套期保值和套利行為將趨於活躍,中小投資者難以參與,這有利於改善我國證券市場的投資主體結構,大大加速機構化進程,使機構博弈成為市場投資的主流,我國也將像其它發達國家一樣進入機構投資者主導的時代。

影響四,將提升大盤藍籌股的投資價值。大盤藍籌股具有股本巨大、業績優良、派息率高、流動性強等優勢,容易受到主流資金的青睞。股指期貨推出後,機構投資者手中必須擁有充足的大盤藍籌股籌碼,才能具備調控股指的話語權。我國A股股指期貨已選定以滬深300指數為標的,因此,以滬深300指數成分股為代表的大盤藍籌價值股將成為今後投資者最為關注的焦點,它們將是機構投資者不可或缺的核心配置資產。此外,機構投資者進行套期保值也需要配置許多大盤藍籌股,並作為基礎倉位戰略性持有。尤其在股指期貨正式推出前還會有搶籌效應,大盤藍籌股將顯現稀缺性溢價。今後投資者應積極關注滬深300指數的成分股,特別是主要成分股。

下面是大概翻譯成英文,你還要自己修正一下:
The stock index stock's square face makes a sound the stock index stock to have four influences to the Chinese Stock market not to change market long-term trend to continue the steady progression as well as the marketability reform unceasing advancement along with our country economy, the finance derivative proct promotes into the urgent matter. The stock index stock takes an investment variety and the risk management tool, is in itself neutral, it will promote will not change the market the long-term trend, although after it will promote in the short-term to the stock market will possibly form certain perturbation, but mainly still will receive the market overall situation and the intrinsic estimate value influence, moreover the estimate value factor's will influence be more important. is natural, because the stock index stock has the finance derivative proct characteristic, it will promote definitely will have important and the profound influence to our country stock stock market, mainly will have the following several aspects: affects one, securities investment thinking mode transformation. The stock index stock has provided the risk management tool, is helpful constructs the investment profolio truly in the investor, reces the systematic risk. Moreover, the stock index stock introced has made the spatial mechanism, affected the market trend the factor before have been more than, investor's investment thought and the investment strategy must at the right moment transform, change the unidirectional thought are the bidirectional thoughts. After the stock index stock promotes, on the one hand, the market estimate value hastens reasonably, the stock price not too possible to surpass its intrinsic value largely again, otherwise, the stock which will come apart seriously with the fundamental plane will have many arbitrage opportunities; On the other hand, so long as the tendency judgment is accurate, does spatially can also make a profit, namely may also make money in the bear market. affects two, may attract the increase fund approach, the expansion Stock market scale, strengthens the market fluidity. After the stock index stock promotes, because the partial investors need to carry on to the asset portfolio redeploy, therefore in the short-term will possibly diverge stock stock market the fund, will affect the Stock market business volume. But looking from the medium and long-term, the stock index stock promotes causes the stock transaction mechanism to be more perfect, simultaneously have been many one kind of risk management tool, will attract the more steady fund participation stock investment. Moreover, the use stock on-hand merchandise and the stock index stock arbitrage is one kind of risk low transaction pattern, can attract many arbitrage fund entering the market. Therefore, the stock index stock can bring the massive additional fund for the market, enhances the stock stock market the active degree, impels the stock on-hand merchandise and the stock index stock business volume bidirectional growth. Market and so on US, Hong Kong experiences have also confirmed this point, after Chicago commercial exchange in 1982 promoted the S&P500 stock index, the stock on-hand merchandise and the stock index stock's business volume largely enhances; After Hong Kong in 1986 promoted the Hengsheng stock index stock, the stock business volume rose 60% in the past, hereafter the stock business volume increased unceasingly. affects three, is helpful in optimizes the investor structure. At present our country stock market participant still by the young investor primarily, institutional investor's scale only accounted for about 30%, as a result of each kind of reason, the young investor mostly by the congenial point of view participation stock market, does not favor the stock market obviously the long-term healthy development. After the stock index stock promotes, besides will strengthen the market the fluidity and the stability, also will enhance the stock market the degree of development and the level, each kind of hedge and the arbitrage behavior will tend to be active, the young investor will participation with difficulty, this will be advantageous in improves our country stock market the subject of investment structure, will accelerate the organization advancement greatly, will cause the organization to gamble into the market investment the mainstream, our country will also look like other developed countries to enter equally the time which the institutional investor will lead. affects four, will promote the bulk lots blue chip stock the value of each contribution. The bulk lots blue chip stock has the capital stock to be huge, the achievement is fine, distributing dividends rate high, fluidity strong and so on superiority, easy to receive the mainstream fund the favor. After the stock index stock promotes, in the institutional investor hand must have the sufficient bulk lots blue chip stock chip, can have the regulative stock index words power. Our country A stock index stock has designated take the Shanghai and Shenzhen 300 indices as the sign, therefore, will become take the Shanghai and Shenzhen 300 indices distributes stock shares plans the value stock as representative's bulk lots to become the focal point which blue the investor most will pay from now on attention, they will be institutional investor's indispensable core disposition properties. In addition, the institutional investor carries on the hedge also to need to dispose many bulk lots blue chip stock, and the underlie shipping space strategic has. Especially before the stock index stock will promote officially will also have snatches plans the effect, the bulk lots blue chip stock will appear the scarcity premium. From now on the investor should pay attention to the Shanghai and Shenzhen 300 indices to become positively distributes stock shares, specially mainly becomes distributes stock shares.

『叄』 期權交易有哪些優點

期權交易的優點:
獨特的損益結構
和股票、期貨等投資工具相比,期權的與眾不同之處在於其非線性的損益結構。對於期貨的多頭部位,價格每上漲一元,價格每下跌一元,部位虧損就會增加一元。對於期貨空頭部位,則正好相反。
正是期權的非線性的損益結構,才使期權在風險管理、組合投資方面具有了明顯的優勢。通過不同期權、期權與其他投資工具的組合,投資者可以構造出不同風險收益狀況的投資組合。
期權交易的風險
在期權交易中,買賣雙方的權利義務不同,使得買賣雙方面臨著不同的風險狀況。對於期權交易者來講,買方與賣方部位都面臨著權利金不利變化的風險。這點與期貨相同,也就是在權利金的范圍之內,如果買的低而但賣的高,平倉就可以獲利。相反則為虧損。
和期貨不同的是,期權多頭的風險底線已確定和支付,其風險控制在權利金的范圍之內。期權空頭持倉的風險則存在著與期貨部位相同的不確定性。因為期權賣方收到的權利金能夠為其提供相應的擔保,從而在價格發生不利變動時,能夠抵消期權賣方的部份損失。
雖然期權買方的風險有限,但是其虧損的比例卻有可能是100%,有限的虧損加起來就會變成了較大的虧損。期權賣方可以收到權利金,一旦價格發生比較大的不利變化或波動率大幅的升高,盡管期貨的價格不可能跌到零,也不可能無限上漲,但從資金管理的角度來講,對於許多交易者而言,此時的損失已經相當於「無限」了。

『肆』 求教:中國股市的思維邏輯……迷茫中……

那就聊聊中國股市
如果2007年之前做股票還能玩玩,好像是2007年之後吧,中國的金融投資品種越來越多,有杠桿的,T+0的,雙向獲利的,穩健收益的。各種各樣的投資品種適合不同的投資環境,一些大的機構和投資者選擇的餘地大了很多,但有很多股民,眼睛裡就只有股票這一個投資品種,可以說,已經很過時了,
是股票過時了么?不是,現在可以做股指期貨了,可以做融資融券了,大的投資者和機構實現了股票的T+0,實現了股票的雙向獲利。而散戶還在苦苦等待這指數的上漲,肯定虧損啊。
以前的時候經常有人說,或者報紙上報道過,一個股票看,拿了10年,結果翻了還幾十倍的事,現在來看,這事確實存在,但並不普遍,中國股票想要拿長線,也要找好經濟周期,地點近,高點出,一直拿著,不行的,為什麼,因為中國股票的PE偏高,也就是泡沫偏高,下跌的空間就很大,所以長時間拿著不一定盈利,如果趕上經濟周期不好,入場的時間不好,虧損的更多。
現在如果想要在我國投資理財,還真的好好選擇下投資的品種,根據當前的經濟環境,根據你的風險厭惡程度,根據你的資金量。會有很多投資品種供你選擇,如果眼裡還是只有股票,只能說,你沒有跟上中國金融行業的發展,你過時了,必被淘汰。

『伍』 股票是如何交易方式是什麼

你好,轉讓股票進行買賣的方法和形式稱為交易方式,它是股票流通交易的基本環節。現代股票流通市場的買賣交易方式種類繁多,從不同的角度可以分為以下三類:
(1)議價買賣和競價買賣
從買賣雙方決定價格的不同,分為議價買賣和競價買賣。議價買賣就是買方和賣方一對一地面談,通過討價還價達成買賣交易。它是場外交易中常用的方式。一般在股票上不了市、交易量少,需要保密或為了節省傭金等情況下採用。競價買賣是指買賣雙方都是由若幹人組成的群體,雙方公開進行雙向競爭的交易,即交易不僅在買賣雙方之間有出價和要價的競爭,而且在買者群體和賣者群體內部也存在著激烈的競爭,最後在買方出價最高者和賣方要價最低者之間成交。在這種雙方競爭中,買方可以自由地選擇賣方,賣方也可以自由地選擇買方,使交易比較公平,產生的價格也比較合理。競價買賣是證券交易所中買賣股票的主要方式。
(2)直接交易和間接交易
按達成交易的方式不同,分為直接交易和間接交易。直接交易是買賣雙方直接洽談,股票也由買賣雙方自行清算交割,在整個交易過程中不涉及任何中介的交易方式。場外交易絕大部分是直接交易。間接交易是買賣雙方不直接見面和聯系,而是委託中介人進行股票買賣的交易方式。證券交易所中的經紀人制度,就是典型的間接交易。
(3)現貨交易和期貨交易
按交割期限不同,分為現貨交易和期貨交易。現貨交易是指股票買賣成交以後,馬上辦理交割清算手續,當場錢貨兩清,期貨交易則是股票成交後按合同中規定的價格、數量,過若干時期再進行交割清算的交易方式。

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