{"id":2324,"date":"2026-07-13T10:35:22","date_gmt":"2026-07-13T02:35:22","guid":{"rendered":"https:\/\/dongyicaijing.com\/archives\/finance\/2324.html"},"modified":"2026-07-13T13:41:07","modified_gmt":"2026-07-13T05:41:07","slug":"forex-position-sizing-formulas-kelly-criterion","status":"publish","type":"post","link":"https:\/\/dongyicaijing.com\/index.php\/2026\/07\/13\/forex-position-sizing-formulas-kelly-criterion\/","title":{"rendered":"\u5916\u6c47\u4ed3\u4f4d\u7ba1\u7406\u516c\u5f0f\u5927\u5168\uff1a\u4ece\u56fa\u5b9a\u6bd4\u4f8b\u5230\u51ef\u5229\u5224\u636e\uff0c\u627e\u5230\u6700\u9002\u5408\u4f60\u7684\u8d44\u91d1\u7ba1\u7406\u65b9\u6848"},"content":{"rendered":"

\u6838\u5fc3\u7ed3\u8bba\uff1a\u6ca1\u6709\u4ed3\u4f4d\u7ba1\u7406\u7684\u5916\u6c47\u4ea4\u6613\u7b49\u540c\u4e8e\u8d4c\u535a\u3002\u672c\u6587\u7cfb\u7edf\u8bb2\u89e35\u79cd\u4e3b\u6d41\u4ed3\u4f4d\u7ba1\u7406\u516c\u5f0f\u2014\u2014\u56fa\u5b9a\u6bd4\u4f8b\u6cd5\u3001\u56fa\u5b9a\u91d1\u989d\u6cd5\u3001\u6ce2\u52a8\u7387\u8c03\u6574\u6cd5\u3001\u51ef\u5229\u5224\u636e\u548c\u6700\u4f18f\uff0c\u914d\u5408XAUUSD\u5b9e\u6218\u6848\u4f8b\uff0c\u5e2e\u4f60\u5efa\u7acb\u79d1\u5b66\u7684\u8d44\u91d1\u7ba1\u7406\u4f53\u7cfb\uff0c\u5c06\u7206\u4ed3\u6982\u7387\u964d\u81f30.1%\u4ee5\u4e0b\u3002<\/strong>\n<\/p>\n\n

\u4e3a\u4ec0\u4e48\u4ed3\u4f4d\u7ba1\u7406\u6bd4\u4ea4\u6613\u7b56\u7565\u66f4\u91cd\u8981<\/h2>\n

\u4e00\u4e2a\u6b8b\u9177\u7684\u4e8b\u5b9e\uff1a\u5373\u4f7f\u4f60\u7684\u4ea4\u6613\u7b56\u7565\u80dc\u7387\u53ea\u670940%\uff0c\u901a\u8fc7\u5408\u7406\u7684\u4ed3\u4f4d\u7ba1\u7406\uff0c\u8d26\u6237\u4f9d\u7136\u53ef\u4ee5\u5b9e\u73b0\u6b63\u6536\u76ca\u3002\u53cd\u8fc7\u6765\uff0c\u5373\u4f7f\u7b56\u7565\u80dc\u7387\u9ad8\u8fbe70%\uff0c\u4ed3\u4f4d\u7ba1\u7406\u4e0d\u5f53\u7167\u6837\u7206\u4ed3\u3002\n<\/p>\n

\u6838\u5fc3\u539f\u56e0\u5728\u4e8e\uff1a\u4e8f\u635f\u662f\u975e\u7ebf\u6027\u7684\u3002<\/strong>\n<\/p>\n

\u4e8f\u635f50%\u9700\u8981\u76c8\u5229100%\u624d\u80fd\u56de\u672c\u3002\u4e8f\u635f70%\u9700\u8981\u76c8\u5229233%\u624d\u80fd\u56de\u672c\u3002\u4e8f\u635f90%\u9700\u8981\u76c8\u5229900%\u624d\u80fd\u56de\u672c\u3002\u8fd9\u610f\u5473\u7740\uff0c\u63a7\u5236\u5355\u7b14\u4e8f\u635f\u5e45\u5ea6\u662f\u4ea4\u6613\u751f\u5b58\u7684\u7b2c\u4e00\u8981\u52a1\u3002\n<\/p>\n

\u4e0b\u8868\u5c55\u793a\u4e86\u4e8f\u635f\u5e45\u5ea6\u4e0e\u56de\u672c\u6240\u9700\u76c8\u5229\u7684\u5173\u7cfb\uff1a\n<\/p>\n

| \u4e8f\u635f\u5e45\u5ea6 | \u56de\u672c\u6240\u9700\u76c8\u5229 | \u56de\u672c\u96be\u5ea6 |
\n
| ———- | ————- | ———- |
\n
| 10% | 11.1% | \u5bb9\u6613 |
\n
| 20% | 25.0% | \u8f83\u5bb9\u6613 |
\n
| 30% | 42.9% | \u9700\u8981\u8010\u5fc3 |
\n
| 50% | 100.0% | \u56f0\u96be |
\n
| 70% | 233.3% | \u6781\u56f0\u96be |
\n
| 90% | 900.0% | \u51e0\u4e4e\u4e0d\u53ef\u80fd |\n<\/p>\n

\u8fd9\u5c31\u662f\u4e3a\u4ec0\u4e48\u804c\u4e1a\u4ea4\u6613\u5458\u603b\u662f\u5148\u8c08\u98ce\u63a7\u3001\u518d\u8c08\u7b56\u7565\u3002\n<\/p>\n\n

\u65b9\u6cd5\u4e00\uff1a\u56fa\u5b9a\u6bd4\u4f8b\u98ce\u9669\u6cd5\uff08Fixed Fractional\uff09<\/h2>\n

\u6838\u5fc3\u516c\u5f0f<\/h3>\n

\u6bcf\u7b14\u4ea4\u6613\u624b\u6570 = (\u8d26\u6237\u51c0\u503c \u00d7 \u98ce\u9669\u6bd4\u4f8b) \u00f7 (\u6b62\u635f\u70b9\u6570 \u00d7 \u6bcf\u70b9\u4ef7\u503c)<\/strong>\n<\/p>\n

\u5b9e\u6218\u6848\u4f8b<\/h3>\n

\u5047\u8bbe\uff1a\n<\/p>\n

\u2022 \u8d26\u6237\u51c0\u503c\uff1a$10,000<\/p>\n

\u2022 \u98ce\u9669\u6bd4\u4f8b\uff1a1.5%\uff08\u6bcf\u7b14\u6700\u591a\u4e8f\u635f$150\uff09<\/p>\n

\u2022 \u54c1\u79cd\uff1aXAUUSD<\/p>\n

\u2022 \u6b62\u635f\u8ddd\u79bb\uff1a50\u70b9\uff08$0.50\uff09<\/p>\n

\u2022 1\u6807\u51c6\u624b\u6bcf\u70b9\u4ef7\u503c\uff1a$1.00\uff08100\u76ce\u53f8 \u00d7 $0.01\uff09<\/p>\n

\u624b\u6570 = ($10,000 \u00d7 1.5%) \u00f7 (50 \u00d7 $1.00) = $150 \u00f7 $50 = 3.0\u624b<\/strong>\n<\/p>\n

\u4f18\u52bf\u4e0e\u5c40\u9650<\/h3>\n

\u4f18\u52bf\uff1a\u903b\u8f91\u7b80\u5355\uff0c\u98ce\u9669\u53ef\u63a7\uff0c\u662f\u6700\u5e7f\u6cdb\u4f7f\u7528\u7684\u4ed3\u4f4d\u7ba1\u7406\u65b9\u6cd5\u3002\n<\/p>\n

\u5c40\u9650\uff1a\u672a\u8003\u8651\u5e02\u573a\u6ce2\u52a8\u7387\u53d8\u5316\u3002\u9ad8\u6ce2\u52a8\u65f6\u548c\u4f4e\u6ce2\u52a8\u65f6\u4f7f\u7528\u76f8\u540c\u6bd4\u4f8b\uff0c\u53ef\u80fd\u5bfc\u81f4\u9ad8\u6ce2\u52a8\u65f6\u98ce\u9669\u8fc7\u5927\u3002\n<\/p>\n

\u5efa\u8bae\u98ce\u9669\u6bd4\u4f8b\uff1a<\/strong>\n<\/p>\n

\u2022 \u4fdd\u5b88\u578b\uff1a0.5%-1.0%<\/p>\n

\u2022 \u7a33\u5065\u578b\uff1a1.0%-2.0%<\/p>\n

\u2022 \u6fc0\u8fdb\u578b\uff1a2.0%-3.0%\uff08\u4ec5\u9650\u9ad8\u80dc\u7387\u7b56\u7565\uff09<\/p>\n\n

\u65b9\u6cd5\u4e8c\uff1a\u56fa\u5b9a\u91d1\u989d\u6cd5\uff08Fixed Dollar Amount\uff09<\/h2>\n

\u6838\u5fc3\u516c\u5f0f<\/h3>\n

\u6bcf\u7b14\u4ea4\u6613\u624b\u6570 = \u56fa\u5b9a\u91d1\u989d \u00f7 (\u6b62\u635f\u70b9\u6570 \u00d7 \u6bcf\u70b9\u4ef7\u503c)<\/strong>\n<\/p>\n

\u4e0e\u56fa\u5b9a\u6bd4\u4f8b\u6cd5\u7684\u533a\u522b\u5728\u4e8e\uff0c\u5206\u5b50\u662f\u56fa\u5b9a\u91d1\u989d\uff08\u5982\u6bcf\u7b14\u6700\u591a\u4e8f$100\uff09\uff0c\u800c\u975e\u8d26\u6237\u51c0\u503c\u7684\u767e\u5206\u6bd4\u3002\n<\/p>\n

\u5b9e\u6218\u6848\u4f8b<\/h3>\n

\u5047\u8bbe\u6bcf\u7b14\u56fa\u5b9a\u98ce\u9669$100\uff0c\u6b62\u635f50\u70b9\uff1a\n<\/p>\n

\u2022 $10,000\u8d26\u6237\uff1a\u624b\u6570 = $100 \u00f7 (50 \u00d7 $1.00) = 2.0\u624b\uff08\u98ce\u96691.0%\uff09<\/p>\n

\u2022 $50,000\u8d26\u6237\uff1a\u624b\u6570 = $100 \u00f7 (50 \u00d7 $1.00) = 2.0\u624b\uff08\u98ce\u96690.2%\uff09<\/p>\n

\u9002\u7528\u573a\u666f<\/h3>\n

\u56fa\u5b9a\u91d1\u989d\u6cd5\u9002\u5408\u4ee5\u4e0b\u60c5\u51b5\uff1a\n<\/p>\n

1. \u8d26\u6237\u8d44\u91d1\u6ce2\u52a8\u5927<\/strong>\uff1a\u5982\u679c\u8d26\u6237\u51c0\u503c\u4ece$10,000\u589e\u957f\u5230$50,000\uff0c\u56fa\u5b9a\u6bd4\u4f8b\u6cd5\u7684\u4ed3\u4f4d\u4f1a\u589e\u957f5\u500d\uff0c\u53ef\u80fd\u8d85\u51fa\u5fc3\u7406\u627f\u53d7\u8303\u56f4\u3002\u56fa\u5b9a\u91d1\u989d\u6cd5\u4fdd\u6301\u4ed3\u4f4d\u7a33\u5b9a\u3002\n<\/p>\n

2. \u65b0\u624b\u9636\u6bb5<\/strong>\uff1a\u5728\u7b56\u7565\u5c1a\u672a\u9a8c\u8bc1\u7a33\u5b9a\u76c8\u5229\u524d\uff0c\u7528\u6700\u5c0f\u53ef\u63a5\u53d7\u91d1\u989d\u9501\u5b9a\u98ce\u9669\u3002\n<\/p>\n

3. \u591a\u7b56\u7565\u5e76\u884c<\/strong>\uff1a\u4e0d\u540c\u7b56\u7565\u5206\u914d\u56fa\u5b9a\u91d1\u989d\uff0c\u907f\u514d\u8d44\u91d1\u4e89\u593a\u3002\n<\/p>\n\n

\u65b9\u6cd5\u4e09\uff1a\u6ce2\u52a8\u7387\u8c03\u6574\u6cd5\uff08Volatility-Adjusted Position Sizing\uff09<\/h2>\n

\u6838\u5fc3\u516c\u5f0f<\/h3>\n

\u6bcf\u7b14\u4ea4\u6613\u624b\u6570 = (\u8d26\u6237\u51c0\u503c \u00d7 \u76ee\u6807\u6ce2\u52a8\u7387) \u00f7 (\u54c1\u79cd\u6ce2\u52a8\u7387 \u00d7 \u5408\u7ea6\u89c4\u6a21)<\/strong>\n<\/p>\n

\u5176\u4e2d”\u54c1\u79cd\u6ce2\u52a8\u7387”\u901a\u5e38\u7528ATR\uff08\u771f\u5b9e\u6ce2\u5e45\u5747\u503c\uff09\u8861\u91cf\u3002\n<\/p>\n

\u5b9e\u6218\u6848\u4f8b<\/h3>\n

\u5047\u8bbe\uff1a\n<\/p>\n

\u2022 \u8d26\u6237\u51c0\u503c\uff1a$10,000<\/p>\n

\u2022 \u76ee\u6807\u65e5\u6ce2\u52a8\u7387\uff1a1%\uff08\u8d26\u6237\u65e5\u5747\u6ce2\u52a8\u4e0d\u8d85\u8fc7$100\uff09<\/p>\n

\u2022 XAUUSD ATR(14)\uff1a$25.00\uff08\u5f53\u524d\u65e5\u5747\u6ce2\u52a8\uff09<\/p>\n

\u2022 \u5408\u7ea6\u89c4\u6a21\uff1a100\u76ce\u53f8<\/p>\n

\u624b\u6570 = ($10,000 \u00d7 1%) \u00f7 ($25.00 \u00d7 100) = $100 \u00f7 $2,500 = 0.04\u624b<\/strong>\n<\/p>\n

\u5f53ATR\u4e0a\u5347\u5230$40\u65f6\uff1a
\n
\u624b\u6570 = $100 \u00f7 ($40 \u00d7 100) = 0.025\u624b<\/strong>\uff08\u81ea\u52a8\u7f29\u5c0f\u4ed3\u4f4d\uff09\n<\/p>\n

\u6838\u5fc3\u4f18\u52bf<\/h3>\n

\u6ce2\u52a8\u7387\u8c03\u6574\u6cd5\u7684\u7cbe\u5999\u4e4b\u5904\u5728\u4e8e\uff1a\u4ed3\u4f4d\u5927\u5c0f\u4e0e\u5e02\u573a\u6ce2\u52a8\u7387\u6210\u53cd\u6bd4\u3002\u6ce2\u52a8\u5927\u65f6\u4ed3\u4f4d\u81ea\u52a8\u7f29\u5c0f\uff0c\u6ce2\u52a8\u5c0f\u65f6\u4ed3\u4f4d\u81ea\u52a8\u653e\u5927\u3002\u8fd9\u610f\u5473\u7740\u4f60\u7684\u8d26\u6237\u6bcf\u65e5\u9762\u4e34\u7684\u7edd\u5bf9\u98ce\u9669\u662f\u7a33\u5b9a\u7684\uff0c\u4e0d\u4f1a\u56e0\u5e02\u573a\u5267\u70c8\u6ce2\u52a8\u800c\u7a81\u7136\u653e\u5927\u4e8f\u635f\u3002\n<\/p>\n

\u8fd9\u662f\u5bf9\u51b2\u57fa\u91d1\u548c\u4e13\u4e1a\u91cf\u5316\u56e2\u961f\u6700\u5e38\u7528\u7684\u4ed3\u4f4d\u7ba1\u7406\u65b9\u6cd5\u3002<\/strong>\n<\/p>\n\n

\u65b9\u6cd5\u56db\uff1a\u51ef\u5229\u5224\u636e\uff08Kelly Criterion\uff09<\/h2>\n

\u6838\u5fc3\u516c\u5f0f<\/h3>\n

\u6700\u4f18\u8d44\u91d1\u6bd4\u4f8b f* = W – [(1 – W) \u00f7 R]<\/strong>\n<\/p>\n

\u5176\u4e2d\uff1a\n<\/p>\n

\u2022 W = \u80dc\u7387\uff08\u8d62\u7684\u4ea4\u6613\u5360\u6bd4\uff09<\/p>\n

\u2022 R = \u76c8\u4e8f\u6bd4\uff08\u5e73\u5747\u76c8\u5229 \u00f7 \u5e73\u5747\u4e8f\u635f\uff09<\/p>\n

\u5b9e\u6218\u8ba1\u7b97<\/h3>\n

\u5047\u8bbe\u4f60\u7684XAUUSD\u4ea4\u6613\u7cfb\u7edf\uff1a\n<\/p>\n

\u2022 \u80dc\u7387 W = 55%<\/p>\n

\u2022 \u76c8\u4e8f\u6bd4 R = 1.8:1<\/p>\n

f* = 0.55 – [(1 – 0.55) \u00f7 1.8] = 0.55 – 0.25 = 0.30\uff0830%\uff09<\/strong>\n<\/p>\n

\u8fd9\u610f\u5473\u7740\u51ef\u5229\u5224\u636e\u5efa\u8bae\u4f60\u6bcf\u7b14\u4ea4\u6613\u4f7f\u7528\u8d26\u6237\u51c0\u503c\u768430%\u4f5c\u4e3a\u4ed3\u4f4d\u3002\n<\/p>\n

\u4f46\u8fd9\u592a\u6fc0\u8fdb\u4e86\u3002<\/strong> \u5b8c\u6574\u51ef\u5229\u5224\u636e\u8ffd\u6c42\u957f\u671f\u589e\u957f\u7387\u6700\u5927\u5316\uff0c\u4f46\u4f1a\u5bfc\u81f4\u77ed\u671f\u6ce2\u52a8\u6781\u5927\uff08\u53ef\u80fd\u8fde\u7eed\u4e8f\u635f\u5bfc\u81f4\u51c0\u503c\u8170\u65a9\u518d\u53cd\u5f39\uff09\u3002\n<\/p>\n

\u534a\u51ef\u5229\uff08Half Kelly\uff09\u2014\u2014\u5b9e\u6218\u63a8\u8350<\/h3>\n

\u5b9e\u6218\u4e2d\u4f7f\u7528”\u534a\u51ef\u5229”\u66f4\u4e3a\u7a33\u59a5\uff1af = f* \u00f7 2 = 15%<\/strong>\n<\/p>\n

\u534a\u51ef\u5229\u7684\u6536\u76ca\u7ea6\u4e3a\u5b8c\u6574\u51ef\u5229\u768475%\uff0c\u4f46\u6ce2\u52a8\u7387\u964d\u4f4e\u7ea650%\u3002\u8fd9\u662f\u5b66\u672f\u754c\u548c\u5b9e\u6218\u754c\u516c\u8ba4\u7684\u5e73\u8861\u70b9\u3002\n<\/p>\n

\u51ef\u5229\u5224\u636e\u7684\u5c40\u9650\u6027<\/h3>\n

1. \u9700\u8981\u8db3\u591f\u6837\u672c\u91cf<\/strong>\uff1a\u81f3\u5c11100\u7b14\u4ee5\u4e0a\u4ea4\u6613\u624d\u80fd\u53ef\u9760\u4f30\u8ba1\u80dc\u7387\u548c\u76c8\u4e8f\u6bd4
\n
2. \u5047\u8bbe\u56fa\u5b9a\u80dc\u7387\u548c\u76c8\u4e8f\u6bd4<\/strong>\uff1a\u5b9e\u9645\u4ea4\u6613\u4e2d\u8fd9\u4e24\u4e2a\u53c2\u6570\u4f1a\u968f\u5e02\u573a\u73af\u5883\u53d8\u5316
\n
3. \u4e0d\u9002\u7528\u4e8e\u4f4e\u9891\u4ea4\u6613<\/strong>\uff1a\u6bcf\u6708\u4e0d\u523010\u7b14\u4ea4\u6613\u7684\u7cfb\u7edf\uff0c\u51ef\u5229\u5224\u636e\u7684\u6307\u5bfc\u610f\u4e49\u6709\u9650\n<\/p>\n\n

\u65b9\u6cd5\u4e94\uff1a\u6700\u4f18f\u5206\u6570\uff08Optimal f\uff09<\/h2>\n

\u6838\u5fc3\u516c\u5f0f<\/h3>\n

\u6700\u4f18f = \u80dc\u7387 – (1-\u80dc\u7387)\/\u76c8\u4e8f\u6bd4<\/strong>\n<\/p>\n

\u4e0e\u51ef\u5229\u5224\u636e\u516c\u5f0f\u76f8\u540c\uff0c\u4f46\u5e94\u7528\u573a\u666f\u4e0d\u540c\u3002\u6700\u4f18f\u7531Ralph Vince\u63d0\u51fa\uff0c\u5f3a\u8c03\u7684\u662f\u8d26\u6237\u51c0\u503c\u7684\u51e0\u4f55\u589e\u957f\u7387\u6700\u5927\u5316\u3002\n<\/p>\n

\u51ef\u5229 vs \u6700\u4f18f<\/h3>\n

| \u5bf9\u6bd4\u7ef4\u5ea6 | \u51ef\u5229\u5224\u636e | \u6700\u4f18f |
\n
| ———- | ——— | ——- |
\n
| \u521b\u59cb\u4eba | John Kelly (1956) | Ralph Vince (1992) |
\n
| \u4f18\u5316\u76ee\u6807 | \u957f\u671f\u5bf9\u6570\u589e\u957f\u7387\u6700\u5927 | \u8d26\u6237\u51e0\u4f55\u589e\u957f\u7387\u6700\u5927 |
\n
| \u9002\u7528\u573a\u666f | \u4e8c\u5143\u7ed3\u679c\uff08\u8d62\/\u8f93\u56fa\u5b9a\u91d1\u989d\uff09 | \u53ef\u53d8\u76c8\u4e8f\u91d1\u989d |
\n
| \u5b9e\u9645\u5dee\u5f02 | \u516c\u5f0f\u76f8\u540c\u4f46\u5047\u8bbe\u4e0d\u540c | \u9700\u8003\u8651\u76c8\u4e8f\u5206\u5e03 |\n<\/p>\n

\u5bf9\u4e8e\u5927\u591a\u6570\u96f6\u552e\u5916\u6c47\u4ea4\u6613\u8005\uff0c\u4e24\u8005\u7ed3\u679c\u63a5\u8fd1\uff0c\u53ef\u89c6\u4e3a\u7b49\u4ef7\u3002\n<\/p>\n\n

\u4e94\u79cd\u65b9\u6cd5\u7684\u5bf9\u6bd4\u4e0e\u9009\u62e9\u6307\u5357<\/h2>\n

| \u65b9\u6cd5 | \u590d\u6742\u5ea6 | \u9002\u7528\u4eba\u7fa4 | \u6838\u5fc3\u4f18\u52bf | \u4e3b\u8981\u5c40\u9650 |
\n
| —— | ——– | ———- | ———- | ———- |
\n
| \u56fa\u5b9a\u6bd4\u4f8b\u6cd5 | \u2605\u2606\u2606 | \u65b0\u624b-\u4e2d\u7ea7 | \u7b80\u5355\u76f4\u89c2 | \u4e0d\u8003\u8651\u6ce2\u52a8\u7387 |
\n
| \u56fa\u5b9a\u91d1\u989d\u6cd5 | \u2605\u2606\u2606 | \u65b0\u624b | \u98ce\u9669\u7a33\u5b9a | \u8d44\u91d1\u589e\u957f\u540e\u6548\u7387\u4f4e |
\n
| \u6ce2\u52a8\u7387\u8c03\u6574\u6cd5 | \u2605\u2605\u2606 | \u4e2d\u7ea7-\u9ad8\u7ea7 | \u9002\u5e94\u5e02\u573a\u53d8\u5316 | \u9700\u8981ATR\u8ba1\u7b97 |
\n
| \u51ef\u5229\u5224\u636e | \u2605\u2605\u2605 | \u9ad8\u7ea7 | \u6570\u5b66\u6700\u4f18 | \u9700\u5927\u91cf\u6837\u672c |
\n
| \u6700\u4f18f | \u2605\u2605\u2605 | \u9ad8\u7ea7 | \u51e0\u4f55\u589e\u957f\u6700\u4f18 | \u5047\u8bbe\u6761\u4ef6\u4e25\u683c |\n<\/p>\n

\u4e0d\u540c\u9636\u6bb5\u7684\u63a8\u8350\u8def\u5f84<\/h3>\n

\u65b0\u624b\u671f\uff080-6\u4e2a\u6708\uff09\uff1a<\/strong> \u56fa\u5b9a\u91d1\u989d\u6cd5\uff0c\u6bcf\u7b14\u6700\u591a\u4e8f$50-$100\uff0c\u4e13\u6ce8\u9a8c\u8bc1\u7b56\u7565\u3002\n<\/p>\n

\u6210\u957f\u671f\uff086-18\u4e2a\u6708\uff09\uff1a<\/strong> \u56fa\u5b9a\u6bd4\u4f8b\u6cd5\uff0c\u98ce\u9669\u6bd4\u4f8b1%-1.5%\uff0c\u5f00\u59cb\u611f\u53d7\u590d\u5229\u6548\u5e94\u3002\n<\/p>\n

\u6210\u719f\u671f\uff0818\u4e2a\u6708+\uff09\uff1a<\/strong> \u6ce2\u52a8\u7387\u8c03\u6574\u6cd5\u6216\u534a\u51ef\u5229\uff0c\u6839\u636e\u5e02\u573a\u73af\u5883\u548c\u7b56\u7565\u8868\u73b0\u52a8\u6001\u8c03\u6574\u3002\n<\/p>\n\n

XAUUSD\u4ed3\u4f4d\u7ba1\u7406\u5b9e\u6218\u6a21\u677f<\/h2>\n

\u4ee5\u4e0b\u662f\u4e00\u4e2a\u53ef\u76f4\u63a5\u4f7f\u7528\u7684XAUUSD\u4ed3\u4f4d\u7ba1\u7406\u6a21\u677f\uff0c\u57fa\u4e8e\u56fa\u5b9a\u6bd4\u4f8b\u6cd5+\u6ce2\u52a8\u7387\u68c0\u67e5\uff1a\n<\/p>\n

\u7b2c\u4e00\u6b65\uff1a\u8ba1\u7b97\u57fa\u7840\u624b\u6570<\/h3>\n

\u2022 \u8d26\u6237\u51c0\u503c\uff1a$10,000<\/p>\n

\u2022 \u98ce\u9669\u6bd4\u4f8b\uff1a1.5%\uff08$150\uff09<\/p>\n

\u2022 \u6b62\u635f\u8ddd\u79bb\uff1aATR(14) \u00d7 1.5\uff08\u52a8\u6001\u6b62\u635f\uff09<\/p>\n

\u5047\u8bbeATR(14) = $20\uff1a\u6b62\u635f = $30\uff08300\u70b9\uff09
\n
\u624b\u6570 = $150 \u00f7 (300 \u00d7 $1.00) = 0.5\u624b<\/strong>\n<\/p>\n

\u7b2c\u4e8c\u6b65\uff1a\u6ce2\u52a8\u7387\u68c0\u67e5<\/h3>\n

\u2022 \u5f53\u524dATR(14) \/ 30\u65e5\u5747\u503cATR\uff1a<\/p>\n

\u2022 < 0.8\uff1a\u4f4e\u6ce2\u52a8\uff0c\u53ef\u7ef4\u6301\u6216\u7565\u589e\u4ed3\u4f4d<\/p>\n

\u2022 0.8-1.2\uff1a\u6b63\u5e38\u6ce2\u52a8\uff0c\u7ef4\u6301\u4ed3\u4f4d<\/p>\n

\u2022 \\> 1.2\uff1a\u9ad8\u6ce2\u52a8\uff0c\u4ed3\u4f4d\u7f29\u51cf\u81f370%<\/p>\n

\u7b2c\u4e09\u6b65\uff1a\u5173\u8054\u4ed3\u4f4d\u68c0\u67e5<\/h3>\n

\u5982\u679c\u5df2\u6709\u540c\u65b9\u5411\u6301\u4ed3\uff0c\u603b\u98ce\u9669\u4e0d\u8d85\u8fc7\u8d26\u6237\u76843%\u3002\n<\/p>\n\n

\u4ed3\u4f4d\u7ba1\u7406\u7684\u5e38\u89c1\u8bef\u533a<\/h2>\n

\u8bef\u533a\u4e00\uff1a”\u6211\u80dc\u7387\u9ad8\uff0c\u53ef\u4ee5\u91cd\u4ed3\u3002”<\/strong>\n<\/p>\n

\u5373\u4f7f\u80dc\u738780%\uff0c\u8fde\u7eed\u4e8f\u635f5\u7b14\u7684\u6982\u7387\u4ecd\u670932.8%\u3002\u5982\u679c\u6bcf\u7b14\u752810%\u4ed3\u4f4d\uff0c\u8fde\u7eed5\u7b14\u4e8f\u635f\u610f\u5473\u7740\u51c0\u503c\u7f29\u6c3441%\u3002\n<\/p>\n

\u8bef\u533a\u4e8c\uff1a”\u6b62\u635f\u8bbe\u5bbd\u4e00\u70b9\u5c31\u4e0d\u4f1a\u88ab\u626b\u3002”<\/strong>\n<\/p>\n

\u6b62\u635f\u5bbd\u5ea6\u589e\u52a0\u610f\u5473\u7740\u624b\u6570\u5fc5\u987b\u51cf\u5c0f\u624d\u80fd\u4fdd\u6301\u76f8\u540c\u7684\u91d1\u989d\u98ce\u9669\u3002\u5bbd\u6b62\u635f+\u5927\u624b\u6570 = \u707e\u96be\u3002\n<\/p>\n

\u8bef\u533a\u4e09\uff1a”\u52a0\u4ed3\u53ef\u4ee5\u644a\u4f4e\u6210\u672c\u3002”<\/strong>\n<\/p>\n

\u5728\u6ca1\u6709\u660e\u786e\u52a0\u4ed3\u4fe1\u53f7\u7684\u60c5\u51b5\u4e0b\uff0c\u4ec5\u56e0\u6d6e\u4e8f\u800c\u52a0\u4ed3\u5c31\u662f\u9a6c\u4e01\u683c\u5c14\u2014\u2014\u8fd9\u6070\u6070\u662f\u4ed3\u4f4d\u7ba1\u7406\u7684\u53cd\u9762\u6559\u6750\u3002\n<\/p>\n\n

\u5e38\u89c1\u95ee\u9898\uff08FAQ\uff09<\/h2>\n

Q1\uff1a\u4e0d\u540c\u54c1\u79cd\u7684\u4ed3\u4f4d\u6bd4\u4f8b\u5e94\u8be5\u4e00\u6837\u5417\uff1f<\/h3>\n

\u4e0d\u5e94\u8be5\u3002\u4e0d\u540c\u54c1\u79cd\u6ce2\u52a8\u7387\u5dee\u5f02\u5de8\u5927\u3002XAUUSD\u65e5\u5747\u6ce2\u52a8$20-30\uff0cEURUSD\u65e5\u5747\u6ce2\u52a860-80\u70b9\u3002\u5982\u679c\u4f7f\u7528\u76f8\u540c\u7684\u98ce\u9669\u6bd4\u4f8b\uff0cXAUUSD\u7684\u5b9e\u9645\u624b\u6570\u4f1a\u66f4\u5c0f\u3002\u5efa\u8bae\u4ee5”\u8d26\u6237\u51c0\u503c\u767e\u5206\u6bd4\u98ce\u9669”\u4e3a\u57fa\u51c6\uff0c\u518d\u901a\u8fc7\u6ce2\u52a8\u7387\u8c03\u6574\u4e0d\u540c\u54c1\u79cd\u7684\u4ed3\u4f4d\u3002\n<\/p>\n

Q2\uff1a\u4e00\u5929\u6700\u591a\u4ea4\u6613\u591a\u5c11\u7b14\uff1f<\/h3>\n

\u5bf9\u4e8e\u56fa\u5b9a\u6bd4\u4f8b\u6cd5\uff0c\u5efa\u8bae\u6bcf\u65e5\u6700\u5927\u98ce\u9669\u66b4\u9732\u4e0d\u8d85\u8fc7\u8d26\u6237\u51c0\u503c\u76845%\u3002\u5373\u5982\u679c\u4f60\u6bcf\u7b14\u98ce\u96691.5%\uff0c\u4e00\u5929\u6700\u591a3-4\u7b14\u4ea4\u6613\u3002\u8d85\u8fc7\u8fd9\u4e2a\u6570\u91cf\uff0c\u8981\u4e48\u964d\u4f4e\u5355\u7b14\u98ce\u9669\uff0c\u8981\u4e48\u63d0\u9ad8\u4ea4\u6613\u7b5b\u9009\u6807\u51c6\u3002\n<\/p>\n

Q3\uff1a\u8d26\u6237\u589e\u957f\u540e\u5e94\u8be5\u589e\u52a0\u4ed3\u4f4d\u5417\uff1f<\/h3>\n

\u5e94\u8be5\uff0c\u4f46\u8981\u6e10\u8fdb\u5f0f\u3002\u6bcf\u589e\u957f25%\u589e\u52a0\u4e00\u6b21\u4ed3\u4f4d\uff08\u6309\u56fa\u5b9a\u6bd4\u4f8b\u91cd\u65b0\u8ba1\u7b97\uff09\uff0c\u907f\u514d\u9891\u7e41\u8c03\u6574\u3002\u540c\u65f6\u5173\u6ce8\u5fc3\u7406\u8212\u9002\u5ea6\u2014\u2014\u4ed3\u4f4d\u589e\u52a0\u540e\u7684\u5fc3\u7406\u538b\u529b\u662f\u6b63\u5e38\u7684\uff0c\u5982\u679c\u5f71\u54cd\u5230\u4ea4\u6613\u51b3\u7b56\uff0c\u9002\u5f53\u56de\u8c03\u3002\n<\/p>\n

Q4\uff1a\u8ddf\u5355\u4ea4\u6613\u8fd8\u9700\u8981\u81ea\u5df1\u505a\u4ed3\u4f4d\u7ba1\u7406\u5417\uff1f<\/h3>\n

\u4f7f\u7528ECMarkets\u8ddf\u5355\u670d\u52a1<\/a>\u65f6\uff0c\u4ed3\u4f4d\u7531\u4fe1\u53f7\u6e90\u63a7\u5236\u3002\u4f46\u4f60\u9700\u8981\u8bbe\u7f6e”\u8ddf\u5355\u6bd4\u4f8b”\u6765\u63a7\u5236\u81ea\u5df1\u7684\u98ce\u9669\u66b4\u9732\u3002\u5efa\u8bae\u521d\u59cb\u8ddf\u5355\u6bd4\u4f8b50%\uff0c\u9a8c\u8bc1\u7b56\u7565\u7a33\u5b9a\u6027\u540e\u518d\u9010\u6b65\u63d0\u9ad8\u3002\n<\/p>\n\n

\u603b\u7ed3<\/h2>\n

\u4ed3\u4f4d\u7ba1\u7406\u662f\u5916\u6c47\u4ea4\u6613\u4e2d\u6700\u88ab\u4f4e\u4f30\u7684\u6280\u80fd\u3002\u8bb0\u4f4f\u4ee5\u4e0b\u6838\u5fc3\u539f\u5219\uff1a\n<\/p>\n

1. \u5148\u5b9a\u98ce\u9669\u91d1\u989d\uff0c\u518d\u7b97\u4ed3\u4f4d\u624b\u6570<\/strong>\u2014\u2014\u6c38\u8fdc\u4e0d\u8981\u53cd\u8fc7\u6765
\n
2. \u5355\u7b14\u98ce\u9669\u4e0d\u8d85\u8fc7\u8d26\u6237\u51c0\u503c\u76842%<\/strong>\u2014\u2014\u8fd9\u662f\u957f\u671f\u751f\u5b58\u7684\u5e95\u7ebf
\n
3. \u6839\u636e\u6ce2\u52a8\u7387\u52a8\u6001\u8c03\u6574<\/strong>\u2014\u2014\u5e02\u573a\u75af\u72c2\u65f6\u4f60\u8981\u66f4\u4fdd\u5b88
\n
4. \u7528\u51ef\u5229\u5224\u636e\u68c0\u9a8c\u7b56\u7565<\/strong>\u2014\u2014\u5982\u679c\u534a\u51ef\u5229\u5efa\u8bae\u7684\u4ed3\u4f4d\u4f4e\u4e8e0.5%\uff0c\u8bf4\u660e\u7b56\u7565\u8fd8\u4e0d\u591f\u597d
\n
5. \u8fde\u7eed\u4e8f\u635f\u65f6\u7f29\u5c0f\u4ed3\u4f4d<\/strong>\u2014\u2014\u4fdd\u62a4\u672c\u91d1\u662f\u7b2c\u4e00\u8981\u52a1\n<\/p>\n

> \ud83d\udcc8 \u60f3\u8ddf\u6284\u4e13\u4e1a\u91cf\u5316\u7b56\u7565\uff1f<\/strong> \u901a\u8fc7\u4e1c\u4e00\u8d22\u7ecf\u4e13\u5c5e\u94fe\u63a5<\/a>\u6ce8\u518cECMarkets\u8d26\u6237\uff0c\u4eab30%\u4f63\u91d1\u8fd4\u8fd8<\/strong>\uff0c\u6700\u4f4e\u5165\u91d1$2,000\u5373\u53ef\u8ddf\u5355\u4f5c\u8005\u7684XAUUSD\u91cf\u5316\u5b9e\u76d8\u3002
\n
>
\n
> \u8054\u7cfb\u65b9\u5f0f\uff1a<\/strong>
\n
> – \u5fae\u4fe1\uff1aDongyiTrade
\n
> – Telegram\uff1a@DongyiTrade
\n
>
\n
> \u8ba9\u79d1\u5b66\u7684\u4ed3\u4f4d\u7ba1\u7406+\u4e13\u4e1a\u7b56\u7565\uff0c\u4e3a\u4f60\u7684\u4ea4\u6613\u4e4b\u8def\u4fdd\u9a7e\u62a4\u822a\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u6838\u5fc3\u7ed3\u8bba\uff1a\u6ca1\u6709\u4ed3\u4f4d\u7ba1\u7406\u7684\u5916\u6c47\u4ea4\u6613\u7b49\u540c\u4e8e\u8d4c\u535a\u3002\u672c\u6587\u7cfb\u7edf\u8bb2\u89e35\u79cd...<\/p>\n","protected":false},"author":1,"featured_media":2274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[280,260],"tags":[286,303,289,299],"class_list":["post-2324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-risk","category-jiaoyixueyuan","tag-ecmarkets","tag-303","tag-289","tag-quantitative-trading"],"_links":{"self":[{"href":"https:\/\/dongyicaijing.com\/index.php\/wp-json\/wp\/v2\/posts\/2324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dongyicaijing.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dongyicaijing.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dongyicaijing.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dongyicaijing.com\/index.php\/wp-json\/wp\/v2\/comments?post=2324"}],"version-history":[{"count":3,"href":"https:\/\/dongyicaijing.com\/index.php\/wp-json\/wp\/v2\/posts\/2324\/revisions"}],"predecessor-version":[{"id":2331,"href":"https:\/\/dongyicaijing.com\/index.php\/wp-json\/wp\/v2\/posts\/2324\/revisions\/2331"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dongyicaijing.com\/index.php\/wp-json\/wp\/v2\/media\/2274"}],"wp:attachment":[{"href":"https:\/\/dongyicaijing.com\/index.php\/wp-json\/wp\/v2\/media?parent=2324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dongyicaijing.com\/index.php\/wp-json\/wp\/v2\/categories?post=2324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dongyicaijing.com\/index.php\/wp-json\/wp\/v2\/tags?post=2324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}