跳到正文

教育内容，不构成投资建议。

Souq Dailyسوق ديليSouq Daily

第 9 课 / 共 10 课4:054 出处

心理：恐惧、贪婪、报复性交易、过度交易

已录制，即将发布

主讲：Nour阿拉伯语讲解，配有字幕。更多语言即将推出。

教育内容，不构成投资建议。Nour 讲解市场如何运作，从不告诉你该买什么或卖什么。

本课的完整中文翻译即将上线，你现在看到的是英文版。

People are not fully rational, and their deviations are systematic (Barber & Odean, Financial Analysts Journal).

  • Fear: closing winners too early and holding losers too long (CME Group).
  • Greed and overconfidence lead to excessive trading.
  • Revenge trading: a bigger trade right after a loss to win it back.
  • Overtrading pays costs every time and weakens expectancy.
  • Regulators: the FCA found 82% of sampled CFD clients lost money; ESMA cites 74–89% of retail accounts losing.
  • Fix it with written rules: small size, daily loss limit, stop after 2–3 losses, log emotions, take breaks.

快速自测

三道题。选一个答案，查看原因。

0/3

  1. 1.According to CME Group, fear of losses often makes traders…

  2. 2.What share of sampled CFD clients lost money in the FCA's review?

  3. 3.Barber & Odean link overconfidence mainly to…

出处

本课中的每个事实都有以下出处支撑。

  1. 1.Barber & Odean (1999), 'The Courage of Misguided Convictions', Financial Analysts Journal — CFA InstitutePeople deviate from rationality systematically; overconfidence → excessive trading; holding losers/selling winners
  2. 2.CME Group Education — Misconceptions of Taking LossesTraders sell winners too early and hold losers too long; fear of loss overcomes rational thinking
  3. 3.FCA (2016) — FCA proposes stricter rules for contract for difference products82% of clients in a representative sample of CFD firms' accounts lost money; leverage concerns
  4. 4.ESMA (2018) — ESMA agrees to prohibit binary options and restrict CFDs74–89% of retail accounts typically lose money on CFDs; leverage limits

教育内容，不构成投资建议。 风险提示：外汇、差价合约（CFD）、黄金和加密资产交易风险很高，未必适合所有人，你的亏损可能超过投入。Souq Daily 是教育平台，本站任何内容均不构成投资建议、推荐或要约，过往表现不代表未来结果。