{"id":3907,"date":"2021-07-15T15:32:42","date_gmt":"2021-07-15T07:32:42","guid":{"rendered":"https:\/\/winsmart.tw\/?post_type=trading_knowledge&p=3907"},"modified":"2022-01-19T11:45:56","modified_gmt":"2022-01-19T03:45:56","slug":"%e4%b8%89%e5%a4%a7%e6%b3%95%e4%ba%ba%e6%9c%9f%e8%b2%a8","status":"publish","type":"trading_knowledge","link":"https:\/\/winsmart.tw\/en\/trading_knowledge\/%e4%b8%89%e5%a4%a7%e6%b3%95%e4%ba%ba%e6%9c%9f%e8%b2%a8\/","title":{"rendered":"\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8\u4ea4\u6613\u5bc6\u78bc\uff0c6\u500b\u671f\u8ca8\u4ea4\u6613\u81f4\u52dd\u95dc\u9375\uff0c\u8b93\u4f60\u53ea\u8981\u4e00\u773c\u5c31\u80fd\u770b\u7a7f\u5e02\u5834\u52d5\u5411"},"content":{"rendered":"
\"\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8\"
\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8<\/figcaption><\/figure>

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11<\/span><\/p>

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\"\"
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11<\/span><\/p>

\"\u8d77\u6f32\u9ede\"<\/a><\/figure><\/div>

\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8 2. \u5916\u8cc7 QFII (Qualified Foreign Institutional Investors)<\/strong><\/span><\/h2>
\"\"<\/figure>

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11<\/span><\/p>

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\"\"<\/figure>

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<\/p>

11<\/span><\/p>

\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8 4. \u81ea\u71df\u5546<\/strong><\/span><\/h2>

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11<\/span><\/p>

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\u7576\u8cc7\u91d1\u96c4\u539a\u5230\u4e00\u500b\u7a0b\u5ea6\u4e4b\u5f8c\uff0c\u6211\u5011\u4e0d\u6703\u518d\u53bb\u5728\u610f\u4e9b\u8a31\u8667\u640d\uff0c\u800c\u662f\u6703\u4ee5\u66f4\u5927\u898f\u6a21\u7684\u8996\u89d2\u53bb\u770b\u5f85\u6574\u500b\u5e02\u5834\u7684\u6f32\u8dcc\u3002\u5373\u4fbf\u80a1\u5e02\u50f9\u503c\u56e0\u5404\u7a2e\u539f\u56e0\u7522\u751f\u4efb\u4f55\u6f32\u8dcc\uff0c\u8cc7\u91d1\u96c4\u539a\u8005\u90fd\u53ef\u4ee5\u8001\u795e\u5728\u5728\u5730\u65bc\u4e0b\u8dcc\u671f\u9593\u9022\u4f4e\u627f\u63a5\uff0c\u8cb7\u5230\u80a1\u5e02\u98a8\u5411\u56de\u982d\uff0c\u518d\u8ddf\u8457\u56de\u6eab\u4e0a\u5347\u7684\u5e02\u5834\u5927\u8cfa\u4e00\u7b46\u3002<\/p>

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\u6295\u4fe1\u8cc7\u91d1\u4f48\u5c40\u7279\u6027\uff1a\u7d44\u5408\u6295\u8cc7\uff0c\u53ef\u77ed\u53ef\u4e2d\u4e0d\u653e\u9577\u3002<\/p>

\u6295\u4fe1\u7684\u8cc7\u91d1\u4f86\u6e90\u662f\u793e\u6703\u666e\u7f85\u5927\u773e\uff0c\u96d6\u7136\u6bd4\u8d77\u81ea\u71df\u5546\u4f86\u8aaa\u4e5f\u7b97\u591a\u4e86\uff0c\u4f46\u73fe\u5be6\u662f\u4ed6\u5011\u7684\u8cc7\u91d1\u898f\u6a21\u4ecd\u6bd4\u4e0d\u4e0a\u5916\u8cc7\u9f90\u5927\u3002<\/p>

\u7576\u982d\u4e0a\u58d3\u8457\u4e00\u7fa4\u8cc7\u91d1\u7121\u9650\u7684\u5916\u8cc7\uff0c\u6295\u4fe1\u81ea\u77e5\u624b\u982d\u8cc7\u91d1\u898f\u6a21\u6709\u9650\uff0c\u4e14\u5fc5\u9808\u8981\u505a\u51fa\u7e3e\u6548\u7d66\u6295\u8cc7\u4eba\u770b\uff0c\u5c0d\u65bc\u6295\u4fe1\u7684\u5c08\u696d\u7d93\u7406\u4eba\u4f86\u8aaa\uff0c\u4ed6\u5011\u5f88\u6e05\u695a\u5728\u6b0a\u503c\u80a1\u88e1\u57fa\u672c\u4e0a\u73a9\u4e0d\u8d0f\u5916\u8cc7\uff0c\u6545\u5728\u9019\u6a23\u7684\u9650\u5236\u4e0b\uff0c\u4ed6\u5011\u53ea\u6703\u66f4\u52a0\u50be\u5411\u65bc\u64cd\u4f5c\u8f03\u6613\u7522\u751f\u52d5\u8569\u7684\u4e2d\u5c0f\u578b\u80a1\uff0c\u9019\u985e\u80a1\u7968\u7684\u80a1\u672c\u8f03\u5c0f\uff0c\u4ee5\u6295\u4fe1\u7684\u8cc7\u91d1\u91cf\u4f86\u8aaa\uff0c\u9019\u7a2e\u53ea\u8981\u6709\u8cb7\u8ce3\u91cf\u5c31\u5f88\u5bb9\u6613\u505a\u51fa\u884c\u60c5\u80a1\u7968\uff0c\u53cd\u800c\u6703\u662f\u4e0d\u932f\u7684\u6a19\u7684\u3002<\/p>

\u9664\u6b64\u4e4b\u5916\uff0c\u9084\u6709\u4e00\u9ede\u503c\u5f97\u5927\u5bb6\u7559\u610f\u7684\u662f\uff0c\u8b49\u5238\u6295\u8cc7\u4fe1\u8a17\u57fa\u91d1\u516c\u53f8\u5728\u4efb\u610f\u4e0a\u5e02\u4e0a\u6ac3\u516c\u53f8\u7684\u80a1\u7968\u6295\u8cc7\u4f54\u6bd4\uff0c\u662f\u4e0d\u80fd\u8d85\u904e\u57fa\u91d1\u6de8\u8cc7\u7522\u768410%\uff0c\u4e5f\u4e0d\u80fd\u8d85\u904e\u4efb\u4e00\u4e0a\u5e02\u6216\u4e0a\u6ac3\u516c\u53f8\u5df2\u767c\u884c\u80a1\u4efd\u7e3d\u6578\u768410%\uff0c\u7c21\u55ae\u4f86\u8aaa\uff0c\u6295\u4fe1\u4e0d\u80fd\u62ff\u6295\u8cc7\u4eba\u7684\u9322\u53ea\u55ae\u8cb7\u67d0\u5e7e\u5bb6\u80a1\u7968\u3002(\u5168\u570b\u6cd5\u898f\u8cc7\u6599\u5eab<\/a>)<\/p>

\u56e0\u6b64\u6295\u4fe1\u7684\u6295\u8cc7\u9031\u671f\u5f80\u5f80\u4e0d\u6703\u50cf\u5916\u8cc7\u90a3\u9ebc\u9577\uff0c\u4ed6\u5011\u66f4\u504f\u597d\u4e2d\u3001\u77ed\u671f\u6295\u8cc7\uff0c\u4e14\u5bb9\u6613\u9707\u8569\u7684\u6a19\u7684\u3002<\/p>

\u81ea\u71df\u5546\u8cc7\u91d1\u4f48\u5c40\u7279\u6027\uff1a\u6025\u529f\u8fd1\u5229\u3001\u505a\u5c0f\u7092\u77ed\u8caa\u5feb<\/p>

\u81ea\u71df\u5546\u662f\u7531\u8b49\u5238\u516c\u53f8\u81ea\u71df\u90e8\u9580\u4f7f\u7528\u516c\u53f8\u7684\u9322\u81ea\u884c\u9032\u884c\u6295\u8cc7\u8cb7\u8ce3\uff0c\u6240\u4ee5\u4e26\u4e0d\u6703\u6709\u4ee3\u7406\u8cc7\u91d1\u7684\u554f\u984c\uff0c\u5927\u591a\u6578\u81ea\u71df\u5546\u7684\u64cd\u76e4\u624b\u90fd\u662f\u8b49\u5238\u516c\u53f8\u81ea\u5df1\u57f9\u990a\uff0c\u96d6\u7136\u4e0d\u9700\u8981\u9762\u5c0d\u5ba2\u6236\uff0c\u4f46\u4ecd\u6703\u6709\u516c\u53f8\u5167\u90e8\u7e3e\u6548\u7684\u58d3\u529b\u3002<\/p>

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\u56e0\u6b64\u81ea\u71df\u5546\u7684\u64cd\u76e4\u624b\u4e0d\u592a\u6703\u50cf\u5916\u8cc7\u8ddf\u6295\u4fe1\u53bb\u4f48\u5c40\u9577\u7dda\u6216\u4e2d\u9577\u7dda\uff0c\u54ea\u88e1\u6709\u884c\u60c5\u5c31\u5f80\u54ea\u88e1\u53bb\uff0c\u559c\u597d\u71b1\u9580\u80a1\u3001\u984c\u6750\u80a1\u9019\u7a2e\u975e\u5e38\u6d3b\u6f51\uff0c\u80a1\u672c\u5c0f\uff0c\u8d77\u4f0f\u5927\u6613\u52d5\u8569\u7684\u5c0f\u80a1\u7968\uff0c\u9019\u7a2e\u985e\u578b\u7684\u5546\u54c1\u8f03\u5bb9\u6613\u8fc5\u901f\u7372\u5229\uff0c\u4f46\u81ea\u71df\u5546\u7684\u64cd\u76e4\u624b\u5f80\u5f80\u7d00\u5f8b\u56b4\u660e\uff0c\u8a72\u505c\u640d\u5c31\u505c\u640d\uff0c\u8a72\u505c\u5229\u5c31\u505c\u5229\uff0c\u8a72\u52a0\u78bc\u5c31\u52a0\u78bc\uff0c\u4e0d\u6703\u50cf\u6563\u6236\u4e00\u6a23\u72af\u51f9\u55ae\u4e0d\u505c\u640d\u7684\u932f\u8aa4\u3002<\/p>

\u4e00\u822c\u6295\u8cc7\u4eba\u5f80\u5f80\u5145\u6eff\u8457\u4eba\u6027\uff0c\u770b\u932f\u4e0d\u6562\u780d\u5009\uff0c\u770b\u5c0d\u62b1\u4e0d\u4f4f\uff0c\u5f88\u96e3\u6709\u56b4\u660e\u7684\u7d00\u5f8b\uff0c\u5982\u679c\u4f60\u514b\u670d\u4e0d\u4e86\u4eba\u6027\uff0c\u53ef\u4ee5\u900f\u904eWINSMART\u671f\u8ca8\u4ea4\u6613\u8edf\u9ad4<\/strong><\/a>\u4f86\u5e6b\u52a9\u4f60\uff0c\u53ea\u8981\u900f\u904e\u8edf\u9ad4\u8a2d\u5b9a\u597d\u505c\u640d\u3001\u505c\u5229\u7684\u689d\u4ef6\uff0c\u679c\u6c7a\u57f7\u884c\u7d55\u4e0d\u62d6\u6ce5\u5e36\u6c34\uff0c\u5e6b\u52a9\u4f60\u6210\u70ba\u671f\u8ca8\u8d0f\u5bb6\u3002<\/p>

11<\/span><\/p>

\"WINSMART\u671f\u8ca8\u8edf\u9ad4\"<\/a>
<\/a><\/a><\/figcaption><\/figure><\/div>

\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8 6. \u8a72\u770b\u54ea\u4e9b\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8\u4ea4\u6613\u8cc7\u8a0a<\/strong><\/span><\/h2>

\u73fe\u5728\u6211\u5011\u77e5\u9053\u4e86\u4e09\u5927\u6cd5\u4eba\u7684\u7531\u4f86\u3001\u5e03\u5c40\u7fd2\u6163\uff0c\u5c31\u6703\u77e5\u9053\u63a5\u4e0b\u4f86\u4ed6\u5011\u7684\u52d5\u5411\u6703\u600e\u9ebc\u53bb\u5f71\u97ff\u5230\u671f\u8ca8\u7684\u50f9\u683c\u8b8a\u52d5\u3002<\/p>

\u6bd4\u5982\u4ee5\u4e0b\u5e7e\u9ede\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8\u4ea4\u6613\u8cc7\u8a0a\uff0c\u5c31\u503c\u5f97\u6211\u5011\u82b1\u8cbb\u6642\u9593\u53bb\u95dc\u6ce8\u5206\u6790\u2500\u2500<\/p>

1.\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8\u7684\u672a\u5e73\u5009\u91cf\uff1a<\/strong><\/p>

\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8\u672a\u5e73\u5009<\/a>\u91cf\u53ef\u4ee5\u53cd\u61c9\u51fa\u76ee\u524d\u9019\u4e09\u500b\u7fa4\u96c6\u7684\u6301\u5009\u53e3\u6578\uff0c\u5982\u6b64\u53ef\u4ee5\u5206\u6790\u51fa\u4ed6\u5011\u7684\u4f48\u5c40\u610f\u5716\uff0c\u6211\u5011\u5c31\u53ef\u4ee5\u6839\u64da\u4e3b\u529b\u7684\u4ea4\u6613\u5f62\u614b\uff0c\u4f86\u914d\u5408\u81ea\u5df1\u7684\u4ea4\u6613\u9031\u671f\uff0c\u907f\u514d\u4e00\u4e0d\u5c0f\u5fc3\u649e\u5230\u69cd\u53e3\uff0c\u6b7b\u5f97\u4e0d\u660e\u4e0d\u767d\u3002<\/p>

2.\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8\u9078\u64c7\u6b0a\u8cb7\u8ce3\u6b0a\u91cd\u6bd4(Put \/ Call Ratio<\/a>)\uff1a<\/strong><\/p>

\u5f9e\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8\u9078\u64c7\u6b0a\u8cb7\u8ce3\u6b0a\u91cd\u6bd4(Put \/ Call Ratio<\/a>)\u53ef\u4ee5\u77e5\u9053\u5916\u8cc7\u3001\u6295\u4fe1\u3001\u81ea\u71df\u5728\u9078\u64c7\u6b0a\u7684\u8cb7\u8ce3\u53e3\u6578\u3001\u6b0a\u91cd\u6bd4\u662f\u591a\u5c11\uff0c\u5f9e\u8cb7\u8ce3\u5dee\u984d\u4e0a\u4e5f\u53ef\u4ee5\u5224\u65b7\u51fa\u4e09\u5927\u6cd5\u4eba\u672a\u4f86\u53ef\u80fd\u7684\u52d5\u5411\u3002<\/p>

3.\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8\u8cb7\u8ce3\u8d85\uff1a<\/strong><\/p>

\u8cb7\u8d85\u7684\u610f\u601d\u5c31\u662f\u8cb7\u7684\u91cf\u8d85\u904e\u8ce3\u7684\u91cf\uff0c\u8ce3\u8d85\u7684\u610f\u601d\u5c31\u662f\u8ce3\u7684\u91cf\u8d85\u904e\u8cb7\u7684\u91cf\uff0c\u56e0\u6b64\u7576\u4e09\u5927\u6cd5\u4eba\u7522\u751f\u5927\u91cf\u8cb7\u8d85\u6216\u8ce3\u8d85\u6642\uff0c\u610f\u5473\u8457\u5e02\u5834\u53ef\u80fd\u5373\u5c07\u9762\u81e8\u5230\u4e0b\u4e00\u500b\u8da8\u52e2\u7684\u8f49\u6369\u9ede\uff0c\u7576\u6709\u8de1\u8c61\u7522\u751f\u6642\u6211\u5011\u66f4\u662f\u8981\u6253\u8d77\u842c\u5206\u6ce8\u610f\uff0c\u907f\u514d\u53d7\u50b7\u3002<\/p>

\u4ee5\u4e0a\u8ddf\u5404\u4f4d\u5206\u4eab\u7684\u5c31\u662f\u4e09\u5927\u6cd5\u4eba\u671f\u8ca8\u5e38\u898b\u7684\u6ce8\u610f\u4e8b\u9805\uff0c\u4e4b\u5f8c\u4e5f\u9084\u6703\u518d\u5206\u4eab\u4e00\u4e9b\u548c\u671f\u8ca8\u4ea4\u6613<\/a>\u3001\u671f\u8ca8\u600e\u9ebc\u73a9<\/a>\u6709\u95dc\u7684\u8cc7\u8a0a\uff0c\u90a3\u9ebc\u6211\u5011\u4e0b\u671f\u518d\u898b\u56c9\uff01<\/p>

<\/p>

\u4e09\u5927\u6cd5\u4eba\u9078\u64c7\u6b0a\u7c4c\u78bc 7.\u9664\u4e86\u671f\u8ca8\u7c4c\u78bc\u4ee5\u5916 \u4f60\u4e5f\u8a72\u770b\u9078\u64c7\u6b0a\u7684\u4e09\u5927\u6cd5\u4eba\u7c4c\u78bc<\/a><\/span><\/strong><\/h2>

\u770b\u61c2\u4e09\u5927\u6cd5\u4eba\u9078\u64c7\u6b0a\uff0c1\u6b21\u5b78\u6703\u642d\u4e3b\u529b\u9806\u98a8\u8eca ! <\/p>

\n