ÉÏÃæĿ¼ÖеÚÒ»ÖÁµÚÆßÕÂÊÇÒ»ÑùµÄ£¬µÚ°ËÕÂÖÁµÚʮշֱðΪ£ºTDTTimingSecrets¡¢MoneyManagement¡¢EmotionalControl¡£ÁíÍ⣬ÄǸö¼Ò»ïÓÖ¼ÓÁËÒ»ÕÂComputerInterpretationofLivermoreStockTradingSystem£¬×îºó²ÅÊÇÊг¡Ö®Ô¿¡£
ÎÒÃÇÈ¥ÄêÂòÁËÒ»±¾Ó¢Îİ棬֮ËùÒÔûÂòÕâ¸ǫ̈Íå°æ£¬¾ÍÊÇÒòΪȱÉÙÁËÕ⼸Õ¡£ÊéºÜÈÝÒ׶Á£¬ÊǺÃÊé¡£µ«ÊÇ£¬ËüʼÖÕûÓС¶¹ÉƱ×öÊÖ»ØÒ伡·ÎÅÃûÊÇÓÐÔÒòµÄ¡£
Èç¹ûÄã²»ÊÇLivermoreµÄ³ç°ÝÕߣ¬»ØÒ伾ͺÜ×ã¹»ÁË¡£´ó¼Ò²»ÖªÓзñ¾õµÃ£¬Livermore²¢Ã»ÓкÜÃ÷È·½²³öËûÊÇÈçºÎ²Ù×÷µÄ£¬Õâ±¾²ÙÅÌÊõҲͬÑù¡£
¼´Ê¹½ÜÎ÷·Àî·ðĦ¶ûÓÚ1940Äê×Ô¾¡ÖÁ½ñÙ¿ºöÒѹýËÄ··N®Ò»¸öÊÀ¼Í£¬µ«ËØÓÐÈËÔìÏ¿¹ÈÖ®³ÆÇÒÁîÈËÁôÁ¬Íü·µµÄ»ª¶û½ÖÉÏ£¬Ëûʱ³£ÔÚÈËÃǵÄÑÔ̸֮ÖГ¸´»î”¡£
ÕâÊÇÊ®·ÖÈÝÒ×Àí½âµÄ£»ÒòΪÔø¾ÔÚ¹ÉÊÐÀúÊ·ÉÏ´ó·ÅÒì²ÊµÃÓ¢ÐۺúºÖУ¬½ÜÎ÷·Àî·ðĦ¶û£¨JesseLauristonLivermore£©ÊÇΩһһλËÄÂäËÄÆðµÄ²ÙÅÌÊÖ——¶øÇÒÿһ´ÎµÄÊäÓ®¶¼ÔÚÊý°ÙÍòÃÀÔª¡£¸üÉñÆæµÄÊÇ£¬´«ËµËûËùÒÔÄܹ»ÂÅ·üÂÅÆð£¬Ö÷ÒªÊÇÒòΪÄÇЩÌúʯÐij¦µÄծȨÈË£¨Ö÷ÒªÊÇЩÉúÐÔ±£ÊØÎÞѪ¡¢ÎÞÀáµÄ¹ÉƱ¾¼ÍÈË£©×ÜÊÇÔÚÀî·ðĦ¶ûÆƲúʱ´ÙʹËûÔÙÆð¡£
´ó¼Ò¶¼ËµÀî·ðĦ¶ûµÄծȨÈËËùÒÔ¿ÏÍø¿ªÒ»Ã棬ÊÇÒòΪËûÃDz»ÏëʧȥÀ´×ÔÀî·ðĦ¶û½ø³ö½»Ò×µÄÅÓ´óÓ¶½ðÒµÎñ¡£µ«ÊÇ£¬²»¹ÜÔõô˵£¬Àî·ðĦ¶ûÒ²ÒªÓб¾Ê£¬ÕâЩ¾¼ÍÈ˺ͽ»Ò×Ô±²Å»áÉîÐÅËûÊÇÌì²Å£¬Ö»Òª¸øËûССµÄÒ»±ÊÇ®¡¢Ò»²¿±¨¼Û»ú¡¢ºÍÒ»¾ßµç»°£¬¾Í±ØÄܶ«É½ÔÙÆð¡£
½ÜÎ÷·Àî·ðĦ¶û¾ø·ÇÀ˵ÃÐéÃû¡£ËûÌ츳¹ýÈË£¬ÒàÇÒҲȷʵ½«×Ô¼º¿õÊÀÆæ²ÅÍêÈ«¹±Ï׸ø°ÙÕÛ²»ÄÓµÄÄ¿±ê£ºÒ»¸öÁîÈËÐ˷ܵÄͶ»úÐÐÒµ£¨×Ô¼Û¸ñµÄ±ä¶¯ÖÐ׬ȡÀûÈ󣩡£
ÏëÒªÁ˽âÀî·ðĦ¶ûÊÇÈçºÎ³ÁÃÔÓÚ×Ô¼Û¸ñ±ä¶¯Öд´Ôì²Æ¸»£¬ÎÒÃÇ×îºÃ´ÓËûµÄÓ×Äê˵Æð¡£
1877Äê½ÜÎ÷·Àî·ðĦ¶û³öÉúÓÚÃÀ‡øÂéÖÝSouthActon£¬ÊÇƶũ֮×Ó£¬´ÓСÑá¶ñŬÁ¦¸û×÷µÄÍ´³þÓëË«ÊÖÂú²¼µÄºñ¼ë¡£Æ¶ÇîµÄÕÛĥʹËû¿ªÊ¼×öÆðÁË·¢²Æ£¬ÒàÇÒ»¹Á¢Ö¾ÒªÃûÀûË«ÊÕ¡£µ«×îÖØÒªµÄÊÇ£¬Ëû²»Ïëӹӹµµ¡£ËûÒª¹¦³ÉÃû¾Í¡£
ΪÁË·¢Õ¹×Ô¼ºµÄÐÛÐÄ׳־£¬Õâ¸öÏçϺ¢×Ó15Ëê¾ÍÖ»ÉíÅܵ½²¨Ê¿¶ÙÈ¥£¬ÔÚÅËΤ°Ø£¨PaineWebber’s£©¹«Ë¾µÄ°ì¹«ÊÒÀïÓɳдºÚ°åµÃСµÜ×öÆð¡£ÔÚÕâÀΪÁËÒ»ÖÜ׬¼¸¿éÇ®£¬ËûÇڷܵØÓ÷۱ʽ«¹ÉƱ¡¢Õ®È¯¡¢ÒÔ¼°ÉÌÆ·ÓÀßh±ä¶¯²»ÐݵļÛλһһ³Ð´ÔÚºÚ°åÉÏ¡£
Ò»¿ªÊ¼£¬ÕâЩ¼Ûλ¼°Æä±ä¶¯¶Ô½ÜÎ÷·Àî·ðĦ¶ûÀ´Ëµ¿ÉÒÔ˵ÊǺÁÎÞÒâÒå¡£µ«ÊÇ£¬¾ÍÔÚÒâʶµ½Ã¿Ò»´ÎµÄ¼Ûλ±ä¶¯¶¼´ú±íÈË׬µ½Ç®Ê±£¬ËûÎÞ¿É×԰εØÏëÒª¾«Í¨¶Ô¼Û¸ñ±ä¶¯µÄÔ¤²â¡£¹ýû¶à¾Ã£¬Ëû±ã½«ËûµÄÀíÂÛ¸¶ÖîʵÑé¡£Ëû¿ªÊ¼ÀûÓÃÎçÐÝʱ¼äÁ÷Á¬×ö¿ÕÖн»Ò׵ĺÅ×Ó£»ÕâµØ·½×¨¹©ÈËÕë¶Ô¹É¼Û¼°ÉÌÆ·×ßÊÆÏÂ×¢£¬¶ø²»ÕæÕý¶Ô±êµÄÎï×öÂò½ø»òÂô³öµÄ¶¯×÷¡£ºÜ¿ìµØ£¬Ëû·¢ÏÖ×Ô¼ºÄÜÇÀ¶Ì»ñÀû£¬ËäÈ»²»Ãâ¾³£Òò±»“ÇåÏ´”¶øС¿÷¡£
ÓÐÒ»Ì죬½ÜÎ÷·Àî·ðĦ¶ûµÄÖ÷¹Ü¾¯¸æËûÔ¶Àë“×ï¶ñµÄÔ¨Þ´”£¬·ñÔò¾ÍÒª¿´×Å°ì¡£½ÜÎ÷·Àî·ðĦ¶ûÑ¡ÔñÁË“¿´×Ű씣¬ÓÚÊÇÁ¢¿Ì¸ø³´ÁËöÏÓã¡£Ëû¾ÍÕâÑù½áÊøÁ˵ÚÒ»¸ö£¨Ò²ÊÇ×îºóµÄÒ»¸ö£©¹¤×÷¡£½ÓÏÂÀ´µÄ40ÄêÀÀî·ðĦ¶ûÏñÒ»Ìõ¹Â¶ÀµÄÀÇ£¬¶ÀÁ¢²Ù×÷£¬È«ÐÄÈ«ÒâµØÖ»Çó×ö´ó×Ô¼ºµÄ²Æ¸»¡£
Àëְδ¾Ã£¬ËûÒòΪÔÚ²¨Ê¿¶ÙµÄ¿ÕÖн»Ò׺Å×ÓÀïÕ¶»ñ¹ý·á£¬¶ø±»ÁÐΪ¾Ü¾øÍùÀ´»§¡£ÔÚÕâ¸ö³ÇÊÐÀïËûÓиö·âºÅ——“ÉñÆæС×Ó”£¬µ«ÊÇÕâЩҵÖ÷±»ËûÉ˵ÃÌ«ÖØ£¬±ÆµÃËûÖ»ºÃÀë³ÇÁíÆð¯Ôî¡£¼¸Äêºó½øÈë20ÊÀ¼ÍÖ®³õ£¬²Å20ÀÅ«šËêµÄÀî·ðĦ¶û¸æËß×Ô¼º£ºÎÒÒѾ׼±¸ºÃÒª“´ó¸ÉÒ»³¡”ÁË£¡ËûÇÄÇĵØס½øŦԼÊУ¬×¼±¸µÚÒ»´Î´ó¿ªÉ±½ä¡£¾ÍÔÚ1906ÄêµÄ´ºÌ죬½ÜÎ÷·Àî·ðĦ¶û´Ó²¨Ê¿¶ÙÀÍÉ´¦µÃµ½ÃûÅÆ£¬·Å¿ÕUnionPacific¹ÉƱ¡£
UnionPacificµÄ¹É¼ÛÎÞÇéµØÍùÉÏÅÊÉý£¬ÅªµÃÕâλÓÐ×Åһͷ½ð·¢¡¢³¤µÃÓÖ¸ßÓÖÊÝ¡¢Ò»Ïò±íÇéÑÏËࣨÏñ¸ö´óѧУ³¤£©ÓÖÉúÐÔÀä¾²µÄÀî·ðĦ¶ûÏÈÉúշת·´²à¡£Çé¿öʵÔÚÊ®·ÖΣ¼±¡£ÕâÖ§Á¢ÒâÁ¼ÉƵÃÃûÅÆËäÈ»ÒѾ±äµ÷£¬µ«ÊÇÀî·ðĦ¶ûÒÔÆä¹ýÈ˵ÄÌìÕ棬Àä¾²µÄ±§×¡×Ô¼ºµÄ²¿Î»£¬Ëû±»Ì××¢ÁË¡£
È»¶øÀî·ðĦ¶ûʵÔÚ×ßÔË£¬½ö½ö¿¿×ÅÆæ¼£µÄ³öÏÖ£¬µÚÒ»»Ø´óÊֱʵÃͶ»úÖ®¾Ù¾¹Æ¯ÁÁµØ»¶Ï²ÂäÄ»¡£1906Äê4Ô£¬¾É½ðɽ´óµØÕð¾ÙÊÀÕ𾪣¬¹ÉÊÐÒ²ÒÔÒò¶øÖØ´ì¡£µØÕð°lÉúÁ½Ì죬Àî·ðĦ¶û»Ø²¹¿Õµ¥Òà׬½ø25ÍòÃÀÔªµÄÀûÈó¡£Íâ»ã½»Ò×www.fxway.com.cnÊÕ¼¯ÕûÀí
ËäÈ»Õâ¸öÏÕЩÄð³É±¯¾çµÄÃûÅÆ×îºó»¶Ï²ÊÕ³¡£¬µ«ÊÇÀî·ðĦ¶ûѧµ½Á˵ÚÒ»¸öÖØÒªµÄ½Ìѵ£º“¾ø²»²Ù×÷ÃûÅÆ”¡£Õâ¶Î¾ÑéͬʱҲÇý²ßËûȥѰÕÒÒ»¸öÄÜÃô¸Ð²â³öÊг¡·çÏյķ½·¨¡£´ÓÕâ¸öʱºò¿ªÊ¼£¬Ëû²Å³¢ÊÔ·¢Õ¹³öÒ»Ì×ÊôÓÚ˼¿¼ÐͲÙÅÌÊֵĹÉÊÐϵͳ¡£
½ÓÏÂÀ´ÊýÊ®ÄêµÄËêÔÂÀ½ÜÎ÷·Àî·ðĦ¶û²»¶Ï´ãíÂ×Ô¼ºµÄÊг¡¹¤¾ß£¬×¨×¢ÓÚÕÒ³öÒ»Ì×ÄÜ׼ȷ·ÖÎö¹É¼ÛµÄ·½·¨£¬×÷ΪԤ²â¹É¼ÛµÄ»ù×¼¡£Ëû±¸¼«¼èÐÁµØ´Ó×Ô¼ºÒÔ¼°ÆäËû´óÊֱʲÙÅÌÊÖËù·¸ÏµĴíÎóÖÐѧϰ¡£¶àÄêÀ´£¬³ö°æÉ̺ÍÐÁ¿à°§ÇóµÄ²ÙÅÌÊÖµÄÒªÇóËû¶¼ÎÞ¶¯ÓÚÖÔ£¬ËµÊ²Ã´Ò²²»Ô¸½«×Ô¼ºµÄ²ÙÅÌÃؾ÷ÓëËûÈË·ÖÏí¡£Àî·ðĦ¶ûÊ®·ÖÓÐÄÍÐĵضÔËûµÄÊг¡Ö®“Ô¿”¾«ÒæÇ󾫣»ËûµÄÐÄÖÐ×ÔÓж¨¼û£¬Ò»µ©ÄÜÖ¤Ã÷¸Ã·½·¨ÓÐÁù³ÉÒÔÉϵÄÕýÈ·ÐÔ£¬±ãÒª½«Ö®¹«ÖîÓÚÊÀ¡£
1939Ä꣬ËûÖÕÓÚ½«ÆäÃؾ÷Óë‡øÈË·ÖÏí£¬¶¯»ú¾ø²»ÔÚÓÚ¼ÄÍû³öÊéÒÔ׬ȡ²Æ¸»¡£Àî·ðĦ¶û¾Ï±ÏÉúÖ®Á¦Ñо¿ÕâÌ׹ؼüϵͳ£¬Ö¼ÔÚʹÉúÃü¾ßÓÐÒâÒ壬²»¹âÊǶÔËûÈË£¬»¹°üÀ¨È«Ìå‡øÈË——ÔÚ¹ÉÊÐÀÕâȺÈ˱ØÐëÓëÊÖÎÕÃûÅƵÄר¼Ò¶·ÖÇ¡£½ÜÎ÷·Àî·ðĦ¶ûÒò´ËдÏÂÁ˱¾Êé¡£
×ÔÎÒ³äʵµÄ×î¼ÑÀûÆ÷ÊÇÇÉÃîÔËÓøöÈ˾ÑéËùµÃ½Ìѵ£¬½ÜÎ÷·Àî·ðĦ¶ûÉîÚϴ˵À£¬¸üÃ÷°×¿Ï²»¿ÏѧϰºÍÓÐûÓÐ֪ʶÊÇÍêÈ«²»Í¬µÄÁ½»ØÊ¡£ÈÕ¸´Ò»ÈÕ½ø³ö¹ÉÊм¸½ü50Ä꣬Ëû´Ó¹ÉÊÐÖм³È¡½Ìѵ¡£ÕâЩ½ÌѵÇåÎúµØÀÓÓ¡ÔÚËûµÄÄÔº£ÀÈκÎһλ¾«Ã÷µÄ½»Ò×Ô±¶¼ÒÔÄÜÓÐÏñËûÕâÑùµÄÐÄÖÇΪ°Á¡£Ëû°Ñ¸öÈË·¢ÏÖÒÔÇ°ÓÐȤ¿É¶ÁµÄ·½Ê½³ÊÏÖ£¬ËùÓеÄÈËÄÜÉîÃ÷ÆäÒâ
ÖڼҺúºÄÜ·ñÒÔÀî·ðĦ¶ûÓÚ±¾ÊéÖÐËù½ÒʾµÄ½ÌѵÔÚ½ñÌìµÄ¹ÉÊÐÖÐ׬µ½Ç®£¬µÄÈ·´æÔÚÕùÒé¡£¿ÉÒÔÈ·ÈϵÄÊÇ£¬Ã¿Î»¶ÁÕ߶¼ÄÜÒòΪ±¾ÊéËùÔ̺µÃÖǻۡ¢î£Öǵē¹æÔò”¡¢ÒÔ¼°Óɼ۸ñ±ä¶¯ÖÐËù³ÊÏÖ³öÀ´µÄΣÏÕÖ¸±ê¶ø»ñÒæÁ¼¶à¡£¶ÁÕ߻Ὣ±¾ÊéÊÓÈçÁ¼Ê¦ÒæÓÑ£¬Òà°Ý¶Á²»¾ë£¬ÒòΪ´æÔÚÓÚÆäìéÒ³µ±Öеķḻ֪ʶ»áÈÃÎÒÃǵõ½Î¿¼®¡£¿ÉÒÔÈ·¶¨µÄÊÇ£¬ËüÄÜÈÃÈκÎÈ˵ĹÉÊÐÖ®ÂÃƽÌíÀÖȤ¡£