(Chapter10)The use of Golden Ratio set to enter the market price, out of the market’s bottom line. Do you have mastered this technique?


認識五個基本的黃金分割率數值

Five basic understanding of the value of the golden ratio

黃金分割比率數值:0.191、0.382、0.5、0.618、0.809,可以分割為五個黃金分割點,

Golden ratio values ​​; 0.191, 0.382, 0.5, 0.618, 0.809, can be divided into five golden points,

根據這個數值,從股價近期走勢中,找出最高點或最低點,作為計算基數,這樣的做法,便能找到,即將出現的支撐位置或阻力位置。

According to this value, from the recent share price movements, find the highest or lowest point, as the calculation base, such an approach, can be found, the upcoming location of the support or resistance.

不過,要注意的是:找尋最高點與最低點的數值,是需要結合,時間運動規律來確認的。

Note, however, is: find the highest and lowest points of value, is the need to combine the time to confirm the law of motion.

因為市場隨時會出現波動,有時,是時間週期首先出現,有時,是價位首先出現,兩個因素,都有可能同時出現。

Because the market will always fluctuate, sometimes, is the time period first appeared, and sometimes, the price comes first, two factors are likely to occur simultaneously.

當時間、價格同時出現,那麼,就意味着,將會有大幅度的運行趨勢,極有可能形成,大級別的趨勢移動。

When the time, the price simultaneously, then it means there will be substantial run trend is likely to form, the trend of moving large level.

  1. 0.382:

0.382在黃金分割比率裡面,所代表的意義,就是在一個上升波段,回調的第一個重要支撐位置或是一個下跌波段,反彈的第一個重要壓力位置;

Inside the golden ratio 0.382, represents the meaning is in a rising band, the first important support callback location or a drop-band, a significant rebound in the first pressure position;

我們都知道當一個趨勢在運行的過程中,是不會一口氣的直奔終點的,

We all know that when a trend in the running process, not the straight end of the breath,

這種運行當中,都會有一些回調的震盪,

This operation which will shock some of the callback,

而當一個趨勢在運行的時候,我們去判別這個趨勢,是否一個強勢的趨勢,就可以利用,回調幅度的大小,來做一個很有效的判斷,

When a trend in the run, we to judge this trend is a strong trend, you can use the callback rate of size, to do a very effective judge,

假設,一個趨勢的波動過程中,其回調幅度,沒有跌穿0.382的位置,

Assumptions, fluctuations in the course of a trend, the callback rate, did not fall to below 0.382 positions,

那麼就意味,這是一個強勁的趨勢,也代表這個趨勢,尚未結束,價位稍為整理後,這個趨勢,將有極大的機會,再創出新高點或新低點。

Then it means that this is a strong trend, but also on behalf of this trend is not over yet, after finishing the price slightly, this trend will have a great opportunity for another new highs or new lows.

  1. 0.5:

0.5在黃金分割比率裡面,所代表的意義,

0.5  In the golden ratio which, by the meaning,

就是在一個上升趨勢裡面,回調的過程中,第二個重要支撐位置或是一個下跌趨勢中,反彈的第二個重要支持位置;

There is a rising trend, the callback process, the second important support position or a down trend, the rally to support the second important position;

當一個趨勢,到達暫時的頂點或低點時,在這過程中,出現了回調0.5的幅度,通常表示,市場可能會出現,比較長時期的調整期,

When a trend, reaching a temporary peak or low, in the process, the magnitude of 0.5 occurred callback, usually indicates the market may appear relatively long period of adjustment,

行情出現震盪的機會,短時期內,再創新高點或出現新低點的機會降低,

Shock in market opportunities, a short time, a new high or new low-point opportunities to reduce,

但整體的市場運行現況,仍以原先的趨勢為主要方向。

However, the status of the overall operation of the market, the trend is still the main direction of the original.

  1. 0.618:

0.618在黃金分割比率裡面,所代表的意義:

0.618 In the golden ratio which, by the meaning,

這是在一個上升趨勢中,股票價格,回調期間,最重要阻力位置;或是一個下跌趨勢中,反彈期間,最重要支持位置;

This is a rising trend in stock prices, during the callback, the most important resistance levels; or a decline in the rebound period, the most important support for the position;

若一個趨勢的運行,出現了回調0.618的幅度,

If the operation of a trend, there has been a callback rate of 0.618,

代表股票市場的運行,出現反轉趨勢的可能性大增,

Representative of the stock market run, the trend reversal, the possibility of greatly increased,

一旦下跌趨勢,向上突破0.618的回調幅度,或上升趨勢,向下跌破0.618的回調幅度

Once the downward trend, break up the callback rate of 0.618, or an upward trend, the callback rate down below the 0.618

那麼便顯示,不論上升趨勢或下跌趨勢,正式完結。

Then it shows an upward trend or downward trend in both the formal end.

股票市場隨著的運行,將會以全新的型態移動。

With the stock market run, will be a new type of mobile.

怎樣利用,不同組合的,黃金分割比率,在股票市場裡,進行明智的交易?

How to use different combinations, the golden ratio, in the stock market, trading wisely?

我在這裡,提供一些意見給您。

I am here to provide some advice to you.

黃金分割比率,在投資過程的運用:

Golden ratio, the use of the investment process:

黃金分割比率,在眾多的技術分析工具裡面,可以算是,參考價值最高的一種,也是我個人最喜愛使用的技術分析工具,

Golden ratio in many technical analysis tools which can be regarded as the reference value of the highest kind, but also my personal favorite use of technical analysis tools,

我個人認為,0.382、0.5、0.618 這三個黃金分割比率,特別重要;

Personally, I think, 0.382, 0.5, 0.618 three golden ratio, is particularly important;

黃金分割比率的應用、不需要設置任何工具,簡單容易使用,而且非常有效果,尤其是在計算成交量巨大的股票或指數,具有十分神奇的效果,

Golden ratio of applications, without setting any tools, simple and easy to use and very effective, especially in large volume in the calculation of the stock or index, has a very magical effect,

黃金分割比率有高效果的原因,我可以解釋為:因為黃金分割比率,蘊含着宇宙間的自然定律,

金融市場裡,所有的交易,都由人所促成,所以人類的交易行為,也不會跳出大自然的定律。

Golden ratio has a high effect of reasons, I can be explained as follows: because golden ratio contains the natural laws of the universe.
Financial markets, all transactions, led by the people, so the human transactions it will not jump out of the law of nature.

事實上,在我們的生活環境中,到處可以看見,符合黃金分割比率的生活體驗。

In fact, in our living environment, can be seen everywhere, meet the golden ratio of life experience.

例如:我們到處可以看見的香煙包裝盒子、雜誌的長度和寬度比例;普通樹葉的寬度與長度之比例;蝴蝶身體長度與翅膀展開後,兩者長度的比例,也是接近0.618。

For example: we can see everywhere, cigarette packaging boxes, magazines, the length and width ratio; ordinary leaf width and length ratio; butterfly body length, with wings expanded, the ratio between the length is close to 0.618.

美麗的事物如:金字塔、巴黎鐵塔,甚至所謂俊男美女的臉型,或身材,也都符合黃金分割比率,

Beautiful things such as: Pyramids, the Eiffel Tower, even the so-called attractive men and women face, or body, are also in line with the golden ratio,

再從更玄妙的角度來看,地球上陸地的面積,和海洋面積,兩方面的比較,都接近0.618。

More mysterious from the perspective of Earth’s land area, and marine area, two aspects of the comparison, are close to 0.618

人們睡眠所需的時間,與日間生活所需的時間,兩者比較;人類身體的溫度和最舒適溫度的比較,都極度接近黃金分割比率0.618

The time required for people to sleep, and daytime life time, in comparison; human body temperature and the most comfortable temperature comparisons are extremely close to the golden ratio 0.618

學習使用黃金分割比率,很多人,無法把黃金分割比率運用得很好,主要原因是找不到正確的高點和低點,

Learning to use the golden ratio, a lot of people cannot use the golden ratio very well, mainly due to not find the right high and low points,

當我們要運用黃金分割比率,分析指數時,必須採用數據的最高價位,和最低價位,在這個時候,投資者,最容易犯的兩個錯誤是:

When we use the golden section ratio analysis index, the data must be the highest price, and the lowest position, at this time, investors most likely to commit two errors are:

在股價預測中,有兩種黃金分割比率的分析方法:

In the stock price prediction, there are two golden ratio analysis methods:

第一種方法:找尋近期指數趨勢中,指數上升的頂端位置,或下跌的最低位置,用來計算,未來走勢的基礎,

The first method: find the recent trend in the index, rose to the top position, or drop the lowest position, used to calculate the future movements of the foundation,

當股價上升時,選擇上升起點的股價,作為計算基礎,當上升趨勢,到達黃金分割比率時,股價因為受到阻力,持續上升的趨勢,可能發生逆轉。

When the stock price rises, selects the starting point of the stock, as calculated on the basis, when the upward trend to reach the golden ratio, the stock price because of resistance, and the rising trend could be reversed.

當股價下跌時,選擇下跌前,最高的股價,作為計算基礎,當下跌趨勢,到達黃金分割比率時,股價因為受到支持,持續下跌的趨勢,可能發生逆轉。

When stock prices fall, the choice fell before the highest stock price, as calculated on the basis, when the downward trend to reach the golden ratio, the share price since been supported and sustained downward trend could be reversed.

第二種方法:

股價下跌趨勢,發生逆轉後,股價運行的趨勢,由下跌轉為向上攀升,當出現這種情況後,採取的辦法:

舉例:

The second method:
Stock price decline, reversed, the trend of stock prices run from fall to rise up, when this happens, the approach taken:
For example:

²  當下跌趨勢逐漸緩慢下來時,假設A股的最低價格是10元,那麼,股價有機會逆轉攀升時,投資人可以預先計算出,各種不同的阻力價位:

  • When the downward trend gradually slow down, assuming the minimum A-share price is $ 10, then have the opportunity to reverse the rise in stock prices, investors can pre-calculate a variety of different resistance levels:

10×(1+19.1%)=11.9

10×(1+38.2%)=13.8

10×(1+50.0%)=15

10×(1+61.8%)=16.2

10×(1+80.9%)=18.1

10×(1+100%)=20

10×(1+119.1%)=21.9

然後,投資者,審視股價在市場實際變動的情形,作出對應措施。

Then, investors look at price changes in actual market situation, make the corresponding measures.

²  當上升趨勢逐漸緩慢下來時,假設B股的最高價格是30元,那麼,股價有機會逆轉下跌時,投資人可以預先計算出,各種不同的支持價位:

  • When the upward trend gradually slow down, the assumption B share the maximum price is $ 30, then have the opportunity to reverse the falling stock price, investors can be calculated in advance, supported by a variety of different price points:

30×(1-19.1%)=24.3

30×(1-38.2%)=18.5

30×(1-50.0%)=15

30×(1-61.8%)=11.5

30×(1-80.9%)=5.7

然後,投資者,審視股價在市場實際變動的情形,作出對應措施。

Then, investors look at price changes in actual market situation, make the corresponding measures.

黃金分割比率,內涵的神秘數字,由於沒有理論,作為依據,所以有人批評是迷信,是巧合,但自然界的確充滿一些奇妙的巧合,一直難以說出道理。

Golden ratio, meaning the mysterious figure, because there is no theory as a basis, so the criticism is a superstition, is a coincidence, but nature is full of some really wonderful coincidence, has been difficult to tell truth.

神秘數字是否真的只是巧合呢?

Mysterious figure is really just a coincidence?

還是,大自然一切生態,都可以用神秘數字解釋呢?

Or, all the ecological nature can be used to explain the mysterious figure it?

這個問題只能見仁見智。

This problem can only be a matter of opinion.

黃金分割比率,在金融市場上,廣泛為精明投資者採用,並且,深入研究,只是,不能太過執著而已。

Golden ratio, in the financial markets, widely used for the smart investor, and in-depth study, but, it cannot be too persistent.

使用黃金分割比率,進行買賣股票,必須留意下列三大問題:

Using the golden ratio, the sale of stock, must pay attention to the following three questions:

 

確定股價的出發點,即是黃金分割比率的0線位置。

To determine the starting price point, that is, golden ratio, the 0 line position.

確定找出,第二個黃金分割比率的0.382位置。

 

Determine the second golden ratio of 0.382 positions.

運用黃金分割比率,把握進入,或退出市場的機會,進行買賣股票。

The use of golden ratio, take into, or out of the market opportunity for buying and selling stocks.

不論在上升趨勢或下降趨勢的反彈過程中,當到達黃金分割比率0.5點的時候,您會考慮離場嗎?

Whether the rise or decline in the rebound process, when the golden ratio to reach 0.5 point, will you consider to leave it?

為甚麼選擇黃金分割比率?

Why, select the golden ratio?

 

在股票市場投資,是投資未來的行為,預測趨勢,在股市買、賣過程中的重要性,不言而喻。

Invest in the stock market, is investing in the future behavior, predict trends in the stock market to buy, sell the importance of the process, self-evident.

黃金分割比率,具備有極頑強的自然屬性。

Golden ratio, with a very tenacious natural attributes.

人體的臉部上,假如從一個人兩眉之間的中間線,一直測量至下巴位置,其間的長度基本上,大約是整個臉部長度的0.618位置;

On the human face, if a person from between the two eyebrows, the middle line, has been measured to, chin position, during which the length of, basically, about the length of the face, the location of 0.618;

從一個人乳房之間,的中間線,一直測量到腳跟的長度,基本上約為整個人,身高的0.618位置;

From the breast of a person between the median lines, the length of the heel has been measured, basically about the whole person, height 0.618 position;

向日葵花有89個花瓣,55個朝一方,34個朝向另一方,它們彼此之間,存在下列比例關係:34/55=0.618,89/55=1.618,89/34=2.618。

Sunflower has 89 petals, 55 toward the side, 34 toward the other, between them, there is the following proportional relationship: 34/55 = 0.618,89 / 55 = 1.618,89 / 34 = 2.618.

可以這麼說,黃金分割比率,是世界事物運動,永恆的轉捩點,萬事萬物,只有在這些位置有轉折點,事物的運行,才會變得和諧,才會持續永遠。

It can be said, golden ratio, is the world movement of things, the eternal turning point, all things, there are only a turning point in these locations, things to run, will become harmonious, will continue forever.

黃金分割比率,是人們深層潛意識裡的客觀規律。

.

Golden ratio, is that people subconsciously, of the objective laws.

金融市場裡,最基本的規律,是高點、低點,互相交替,沒有永遠的上升的股票市場,也沒有永遠的下降的金融市場,股票市場,經常在價格的高點和價格的低點之間運行。

Financial markets, the basic rule is high, low, alternating with each other, not always the rising stock market, and no permanent decline in the financial markets, stock market, often in the high price point and low prices between the run.

那些懂得運用,黃金分割比率的投資者,便經常能在短線買賣中,賺取金錢。

Those who know how to use the golden ratio, the investor will often be able, in the short-term trading to earn money.

使用黃金分割比率:進行金融,投資,買賣,的基本法則:

Using the golden ratio: the financial, investment, trading, and the basic rule:

 

黃金分割比率0.618,符合自然界的和諧法則,運用於股票買賣的投資上,準確性很令人滿意:

Golden ratio 0.618, in line with nature, harmony rules, used in stock trading, investment, and accuracy is very satisfactory:

指數由從高位下落,不能到達0.618線段附近,不要作為黃金分割比率線段的起點。

Index falling from a high level, cannot reach the line near 0.618, not as the golden ratio line, the starting point.

指數在下降趨勢中,回調向上升的情況:

Downward trend in the index, to rise in the callback:

以階段性的低點(1.000),作為黃金分割線,可以分為:1.191、1.382、1.500、1.618、1.809五線段,

With low stage (1.000), as golden line, can be divided into: 1.191, 1.382, 1.500, 1.618, 1.809  five segments,

每一條線段的位置,就是阻力位,一般只要有交易行情,每一股票上升時都會衝破1.191,到達1.382線段,

The location of each segment is resistance, in general, as long as the transaction price, each stock will rise to break through 119.1, to reach 1.382 lines,

部分強勢股票,會上升到1.618線段上,甚至上升到1.809線段,不過,只有極少數股票,能夠突破1.809線段,甚至攀升更高點。

Part of a strong stock will rise to 1.618 on the line, even up to 1.809 line, however, only a very small number of stocks that can break through the 1.809 line, and even climbed higher point.

我覺得根據黃金分割比率,在金融市場,進行買賣,比較安全。

I think under the golden ratio, in the financial markets, traded, relatively safe.

使用黃金分割比率進行股票交易,五項必須遵守的買賣法則:

Using the golden ratio for stock trading, the sale of five rules must be observed:

 

耐心持有,等待突破:

Patient holding, waiting for a breakthrough:

 

   在1.191線段附近,進入市場購買股票是最安全的,因為這是股票價格的整固期間,在此價位內,應該耐心持有。

119.1 lines in the vicinity of the market, buying stocks, is the safest, because this is the stock price, the consolidation period, at this price point, the patient should be held.

第一步黃金分割比率線段,是股票價格的整固時期。當價格突破1.191線段,便會上升到1.382線段,這時候便要及早沽出。

The first step golden ratio line, the stock price consolidation period. When prices break through the 119.1 section of line will be increased to 1.382, this time we have to sell as soon as possible.

否則,價格便會很快回落,這是首次的上升浪,應該把握機會出售,當價格重新回到1.191線段附近時,您一定要買回來。

Otherwise, the price will soon fall, this is the first rise in waves, should grasp the opportunity to sell when prices returned to near 119.1 line, you have to buy back.

價高拋售,價低吸納,採取差價買賣策略:

Price rise, sell, prices fall to absorb, to take the difference trading strategies:

 

價格徘徊在1.191—1.382區域,可作差價買賣,高拋低吸,不必害怕,

Prices hovering in the 1.191-1.382 region, the difference can be used for sale, buy low sell high, do not be afraid,

 

價格在此區域,一般不會把投資者套住,因為股票莊家獲得的利益,不是很大,在目前價格升降不定的過程中,莊家也會利用,價格高時出售、價錢低落時買入,目的是降低持有股票的成本,

Prices in this area, investors generally will not trap, because the gain from stock dealer, not great, in the current volatile price movements, of course, the dealer will use, sell when prices are high, buy when the price is low the purpose is to reduce the cost of holding stocks,

在這階段,對自己熟悉的股票,要多利用機會,進行買賣,也要敢於作差價買賣。

At this stage, the familiar stock, make more use of opportunities to trade, but also the courage to make the difference trading.

1.382線段是強大阻力位,所以會有很長時間的浮動,如果出現顯著跡象,向上突破,股價就很難再下跌,跌破1.382線,

1.382 is a strong resistance line, so there will be a long time floating, if there is a significant sign of the break up, the stock may be hard to fall below the 1.382 line,

投資者,賣出股票最佳時機是在:1.191線段+(1.382線段-1.191 線段)*0.618線段的情況下,

暫時離場。

Investors, the best time to sell in stock is: 119.1 line + (1.382 -1.191 line segments) * 0.618 line, in

this case, a temporary leave.

如果要進入市場交易,加倍小心:

If you want to enter the market transaction, be cautious:

 

 在1.382—1.618線段,可以繼續進行股票買賣,不過,要冒風險,應加倍小心。

In the 1.382-1.618 line, you can continue trading, however, to take risks, be cautious.

每當持有的股票,到達以下價位時,應該及時賣出:1.382線段+(1.618線段-1.382線段)*0.618。

Stocks, when the price reaches the following should be sold in time: 1.382 line + (1.618 -1.382 line segments) * 0.618.

從高位下跌的股票,不要在1.809價位,期望會繼續反彈,

The stock fell from a high level, not to 1.809 price, expect to continue to rebound,

反而要在1.618的價位,開始計算,漲幅有10%利潤,必須及時離場,不要戀戀不捨。

Instead, the price to 1.618 begins, or 10% of profits, we must promptly leave, not reluctantly.

當股票價格高企時,不要購進股票:

When stock prices are high, do not purchase stock:

 

股票價格在1.618線段以上的股票,意味著從低位,已經上漲了62%,

Stock price above the stock line at 1.618, which means from the low, has risen 62%,

  

市場如果沒有特別利好消息,切勿購買位於1.618線段,附近的股票。股價在該線段附近,浮動越持久,股票公司的代理人,賣出股票的機會率越大。讀者們必須加倍小心。

Market, if not particularly good news, not to buy in the 1.618 line, near the stock. Stock in the vicinity of the line, the more durable the floating stock agent of the company, the greater the chance of selling the stock. Readers must be especially careful.

大贏特贏:

Special win big win :

 

 

價格位於1.809線段以上的股票,賺錢的機會,無可限量,

Line at 1.809 above the price of the stock, money-making opportunities, limitless,

這階段的股票價格,有兩倍上漲的機會,例如:1.809線段的價格是$7.98,突破後有機會上升到$16.00附近,這時候,已經不要理會,黃金分割比率的使用。

This phase of the stock price, have the opportunity to double up, for example: 1.809 line price is $ 7.98, after the break near the organic rise to $ 16.00, this time, has been to ignore, use the golden ratio.

怎樣計算黃金分割比率:

How to calculate the golden ratio:

 

l  1.618減去基數1,得0.618,1再減去0.618得0.382。

1.618 minus the base 1 was 0.618,1 minus 0.618 was 0.382.

黃金分割比率,在個別股票當中,應用的方式有:

Golden ratio, which in individual stocks, the application of the method is:

A有一些分析人員的觀點認為是:

  Some analysts view that is:

直接從趨勢的低點,加上(1)0.382倍、(2)0.618倍、(3)1.382倍、

(4)1.618倍。作為其上升趨勢的阻力點。

Lows directly from the trend, coupled with (1) 0.382-fold, (2) 0.618-fold, (3) 1.382-fold,

(4) 1.618-fold. Take its upward trend as the resistance point.

或者,直接從趨勢的最高點減去0.382倍及0.618倍,作為其下跌的支持點。

Or directly from the highest point of the trend minus 0.382 times and 0.618 times, as

Part of its support points down.

B有一些分析人員的觀點認為是:

Some analysts view that is:

不應該以趨勢的最高點或最低點,作為其計算基礎。應該以上一次趨勢的上升或下跌的百

分率,作為計算基礎。

Trend should not be the highest point or lowest point, as the basis. Trends should be more

than a percentage increase or decrease, as the basis.

黃金分割比率的支持點,可以使用下列公式計算:

Golden ratio of the support points, you can use the following formula:

a 某一段趨勢,阻力的最高支持點 = 某一段趨勢的終點 -(某一段趨勢的終點 - 某一段趨勢的最低點) 0.382。

(a)       A period of trend, the highest support point resistance = The end of a period of

trend - (The end of a period of trend - a trend the lowest point of ) 0.382.

b 某一段趨勢,支持的最低支持點 = 某一段趨勢的終點 -(某一段趨勢的終點 - 某一段趨勢的最低點) 0.618

b)A period of trend, the lowest support point of support = The end of a period of

trend -(The end of a period of trend – a trend the lowest point of ) 0.618

計算實際價格:可用下列公式計算 :

Calculate the actual price: available to the following formula:

前一階段趨勢的最低點(或最高點)=(前一階段趨勢的最高點 - 現在趨勢的上升

點) 1.382(或1.618)

The lowest point of the previous stage trends (or the highest point) = (The highest

point of the trend of the previous stage – now rising trend points) 1.382 (or 1.618)

個案舉例:

Case example:

托普軟體(000583):我們根據股票的走勢,使用黃金分割比率的原則:

TOP Software (000 583): Based on the trend of the stock, using the golden ratio principle:

1999年3月份,股票價格從$14.31,開始上升,直到6月底,價格上升到$34.31,完成

這一階段的升勢,讓我們來看看,股票的支持價位:

March 1999, the stock price from $ 14.31, start to rise until the end of June, the price

rose to $ 34.31, to complete this phase of the rally, let’s take a look at the support the stock price:

根據公式:

下跌低點支持位置 = 34.31-(34.31-14.35)× 0.618=$22

According to the formula:

down low to support position = 34.31-(34.31-14.35)× 0.618=$22

事實上,股票(000583)由1999年11月份,下跌的支持最低點為$22.48,誤差極小,投

資者,只要在$22價格附近,進行吸納,就可以找到獲利機會。

Indeed, the stock (000,583) by November 1999, down to the lowest point of support

is $ 22.48, the error is extremely small, investors, as long as prices near $ 22, to absorb, you

can find profit opportunities.

進行買賣的目標價位,也可通過公式計算:

Target price to trade can also be calculated by the formula:

上升趨勢,上升阻力點=21.97+(34.31-21.97)× 1.618=$42

Upward trend, rising resistance point = 21.97 + (34.31-21.97) × 1.618 = $ 42

股票(000583)由2000年2月份開始,一直上升到$45,投資者,在$42的時候,可以從容賣出股票,獲取盈利。

Stock (000,583) by February 2000, has been increased to $ 45, investors in the $ 42

they can comfortably sell the stock, for profits.

上述股票的趨勢,可以說明,學習黃金分割比率,只要掌握透徹,可以成功利用它,賺取金錢。

The trend of the stock, can explain, to learn the golden ratio, once you have a

thorough, can successfully use it to earn money.

使用黃金分割比率,進入金融市場,當進行買賣時,要注意下列守則:

Using the golden ratio, access to financial markets, when to trade, we should note

the following guidelines:

a進入市場的購買點,在下跌趨勢過程中,當價位到達0.618位置時,進入市場購

買,比較安全。對於進攻型投資者而言,當價格下跌到達0.382位置時,選擇進

入市場購買,也未常不可。

(a)Point of purchase to enter the market, the downward trend in the process, when the price reaches 0.618 positions, to enter the market to buy, relatively safe. For aggressive investors, when prices reached 0.382 positions, choose to enter the market to buy, nor does it often is not.

穩健型投資者:還是選擇,下跌趨勢到達0.618位置時,進行買入股票。

Steady investors: or choose, the downward trend to reach 0.618 positions, to buy stocks.

b進入市場的購買點,在股票價格趨勢上升過程中,當股票價格上升到1.382位置

時,只要趨勢保持上升,可以選擇,到達1.618位置時,把股票出售,獲取利潤。

Point of purchase to enter the market, the trend in stock prices rising process, when

the stock price rises to 1.382 location, as long as the trend to keep rising, you can

choose to reach the 1.618 position, the stock sold for profit.

(Chapter 9)Smart investors have the necessary skills, the use of Golden Ratio(2)


黃金分割比率,在投資過程的運用:

Golden ratio, the use of the investment process:

黃金分割比率,在眾多的技術分析工具裡面,可以算是,參考價值最高的一種,也是我個人最喜愛使用的技術分析工具,

Golden ratio in many technical analysis tools which can be regarded as the reference value of the highest kind, but also my personal favorite use of technical analysis tools,

我個人認為,0.382、0.5、0.618 這三個黃金分割比率,特別重要;

Personally, I think, 0.382, 0.5, 0.618 three golden ratio, is particularly important;

黃金分割比率的應用、不需要設置任何工具,簡單容易使用,而且非常有效果,尤其是在計算成交量巨大的股票或指數,具有十分神奇的效果,

Golden ratio of applications, without setting any tools, simple and easy to use and very effective, especially in large volume in the calculation of the stock or index, has a very magical effect,

黃金分割比率有高效果的原因,我可以解釋為:因為黃金分割比率,蘊含着宇宙間的自然定律,

金融市場裡,所有的交易,都由人所促成,所以人類的交易行為,也不會跳出大自然的定律。

Golden ratio has a high effect of reasons, I can be explained as follows: because golden ratio contains the natural laws of the universe.
Financial markets, all transactions, led by the people, so the human transactions it will not jump out of the law of nature.

事實上,在我們的生活環境中,到處可以看見,符合黃金分割比率的生活體驗。

In fact, in our living environment, can be seen everywhere, meet the golden ratio of life experience.

例如:我們到處可以看見的香煙包裝盒子、雜誌的長度和寬度比例;普通樹葉的寬度與長度之比例;蝴蝶身體長度與翅膀展開後,兩者長度的比例,也是接近0.618。

For example: we can see everywhere, cigarette packaging boxes, magazines, the length and width ratio; ordinary leaf width and length ratio; butterfly body length, with wings expanded, the ratio between the length is close to 0.618.

美麗的事物如:金字塔、巴黎鐵塔,甚至所謂俊男美女的臉型,或身材,也都符合黃金分割比率,

Beautiful things such as: Pyramids, the Eiffel Tower, even the so-called attractive men and women face, or body, are also in line with the golden ratio,

再從更玄妙的角度來看,地球上陸地的面積,和海洋面積,兩方面的比較,都接近0.618。

More mysterious from the perspective of Earth’s land area, and marine area, two aspects of the comparison, are close to 0.618

人們睡眠所需的時間,與日間生活所需的時間,兩者比較;人類身體的溫度和最舒適溫度的比較,都極度接近黃金分割比率0.618

The time required for people to sleep, and daytime life time, in comparison; human body temperature and the most comfortable temperature comparisons are extremely close to the golden ratio 0.618

學習使用黃金分割比率,很多人,無法把黃金分割比率運用得很好,主要原因是找不到正確的高點和低點,

Learning to use the golden ratio, a lot of people cannot use the golden ratio very well, mainly due to not find the right high and low points,

當我們要運用黃金分割比率,分析指數時,必須採用數據的最高價位,和最低價位,在這個時候,投資者,最容易犯的兩個錯誤是:

When we use the golden section ratio analysis index, the data must be the highest price, and the lowest position, at this time, investors most likely to commit two errors are:

在股價預測中,有兩種黃金分割比率的分析方法:

In the stock price prediction, there are two golden ratio analysis methods:

第一種方法:找尋近期指數趨勢中,指數上升的頂端位置,或下跌的最低位置,用來計算,未來走勢的基礎,

The first method: find the recent trend in the index, rose to the top position, or drop the lowest position, used to calculate the future movements of the foundation,

當股價上升時,選擇上升起點的股價,作為計算基礎,當上升趨勢,到達黃金分割比率時,股價因為受到阻力,持續上升的趨勢,可能發生逆轉。

When the stock price rises, selects the starting point of the stock, as calculated on the basis, when the upward trend to reach the golden ratio, the stock price because of resistance, and the rising trend could be reversed.

當股價下跌時,選擇下跌前,最高的股價,作為計算基礎,當下跌趨勢,到達黃金分割比率時,股價因為受到支持,持續下跌的趨勢,可能發生逆轉。

When stock prices fall, the choice fell before the highest stock price, as calculated on the basis, when the downward trend to reach the golden ratio, the share price since been supported and sustained downward trend could be reversed.

第二種方法:

股價下跌趨勢發生逆轉後,股價運行的趨勢,由下跌轉為向上攀升。處理辦法

舉例:

當下跌趨勢逐漸緩慢下來時,假設某A股的最低價格是10元,那麼,股價有機會逆轉攀升時,投資人可以預先計算出各種不同的阻力價位:

$10×(1+19.1%)=$11.9

$10×(1+38.2%)=$13.8

$10×(1+50.0%)=$15

$10×(1+61.8%)=$16.2

$10×(1+80.9%)=$18.1

$10×(1+100%)=$20

$10×(1+119.1%)=$21.9

然後,再依照實際股價變動情形做斟酌。

上升趨勢發生逆轉後,轉升止跌的處理和部署

以近期走勢中重要的峰位和底位之間的漲額作為計量的基數,

將原漲升幅按0.191、0.382、0.5、0.618、0.809分割為五個黃金點。股價在後轉的走勢將有可能在這些黃金點上遇到暫時的阻力。

反之上升行情結束前,某股最高價為30元,那麼,股價反轉下跌時,投資人也可以計算出各種不同的持價位,也就是

$30×(1-19.1%)=$24.3

$30×(1-38.2%)=$18.5

$30×(1-0.5%)=$15

$30×(1-61.8%)=$11.5

$30×(1-80.9%)=$5.7

然後,依照實際趨勢,演變的情形,再作最後決定。

Then, follow the actual trends, the evolution of the situation, making the final decision.

黃金分割比率,由於沒有理論作為根據,所以有人批評這是迷信,是巧合,但自然界,的確充滿一些奇妙的巧合,一直難以說出道理。

Golden ratio, because there is no theory as a basis, it has been criticized as a superstition, is a coincidence, but nature is indeed full of some amazing coincidence, has been difficult to tell truth.

艾略特的波浪理論,都是採用黃金分割比率的理論,成為世界聞名的波浪理論,廣泛地為投資人士所採用。

Elliott wave theory, are based on the golden ratio theory, as the world famous wave theory, widely used for the investors.

神秘數字是否真的只是巧合呢?

Mysterious figure is really just a coincidence?

還是大自然一切生態,都可以用神秘數字作為解釋呢?

Or the nature of all ecological can be used to explain it as a mysterious figure?

這個問題,只能見仁見智。但黃金分割比率,在投資市場上,無人不知,無人不用,作為一個投資者,不能不深入研究,只是,不能太過執著。

This problem can only be a matter of opinion. But the golden ratio, in the investment market, no one does not know, no one not in use, as an investor, cannot fail to in-depth study, but not too persistent.

能夠快人一步,採取適當行動的投資人士,將會更加穩操勝券。

To quick step, to take appropriate action investors will be more surer of success.

認識五個基本的黃金分割率數值

 

Five basic understanding of the value of the golden ratio

 

黃金分割比率數值:0.191、0.382、0.5、0.618、0.809,可以分割為五個黃金分割點,

Golden ratio values ​​; 0.191, 0.382, 0.5, 0.618, 0.809, can be divided into five golden points,

 

根據這個數值,從股價近期走勢中,找出最高點或最低點,作為計算基數,這樣的做法,便能找到,即將出現的支撐位置或阻力位置。

According to this value, from the recent share price movements, find the highest or lowest point, as the calculation base, such an approach, can be found, the upcoming location of the support or resistance.

不過,要注意的是:找尋最高點與最低點的數值,是需要結合,時間運動規律來確認的。

Note, however, is: find the highest and lowest points of value, is the need to combine the time to confirm the law of motion.

因為市場隨時會出現波動,有時,是時間週期首先出現,有時,是價位首先出現,兩個因素,都有可能同時出現。

Because the market will always fluctuate, sometimes, is the time period first appeared, and sometimes, the price comes first, two factors are likely to occur simultaneously.

 

當時間、價格同時出現,那麼,就意味着,將會有大幅度的運行趨勢,極有可能形成,大級別的趨勢移動。

When the time, the price simultaneously, then it means there will be substantial run trend is likely to form, the trend of moving large level.

(A)當股市上升時,投資者最關心的,是上升的頂點,會停留在甚麼位置?

When the stock market rises, investors are most concerned about is the rise of the vertices will stay in what position?

 

事實上,影響股價變動的因素很多,要想準確地,掌握上升行情的最高價,是絕對不可能的事情,

In fact, many factors affect the stock price changes, in order to accurately grasp the highest increase in market price, it is absolutely impossible,

 

因此,投資人所能做的,就是依照黃金分割律,計算可能出現的股價反轉點,以供實際操作時的參考。

Therefore, investors can do, is to follow the golden rule to calculate the stock price reversal points that may arise, for the actual operation of the reference.

 

當股價向上升期間,逐漸脫離低位點,

When the stock price to rise during the period, moving away from the low point,

 

從上升的速度與持久性,依照黃金分割律,它的漲勢會在上漲幅度,接近或達到0.382與0.618時,會發生變化。

From the rising speed and persistence, according to the golden rule, it gains in the rate of increase, close to or reach 0.382 and 0.618, it will change.

 

也就是說,當上升接近或超越38.2%或61.8%時,就會出現相反壓力,有違反上升趨勢,轉變為下跌的現象,換言之,暫時停止,上升的走勢。

That is, when close to or exceeds the 38.2% increase, or 61.8%, there will be pressure on the contrary, in violation of the rise, fall into the phenomenon, in other words, to temporarily stop rising trend.

應用黃金分割律,除了固定的0.382與0.618,是上漲趨勢過程中,相反走勢的轉接點,

Application of Golden Section, in addition to a fixed 0.382 and 0.618, the trend is rising process, the opposite trend of the transfer point,

 

其中,也要注意,這一小距離的相反走勢轉接點,即0.382的一半,也就是0.191,也是重要的依據。

One should also note that this small transfer point from the opposite trend, that is half of 0.382, which is 0.191, is also an important basis.

 

因此,當股市上升趨勢開始時,要預測股價上升的動力及相反走勢轉接點時,

Therefore, when the stock market upward trend began, the power to predict stock prices rise and the opposite trend of transfer points,

 

將即場股價行情,下跌的最低點,乘以0.191、0.382、0.809與1,作為上升的幅度的預測。

The spot market price fell to its lowest point multiplied by 0.191, 0.382, 0.809 and 1, as the forecast rate of increase.

 

當股價上漲幅度越過1倍,走勢轉接點,以1.191、1.382、1.809和2倍,進行計算。依此類推。

When the stock price rises over 1 times, the trend transfer point to 1.191, 1.382, 1.809, and 2-fold, calculated. And so on.

例如,當股票指數下跌趨勢結束時,假設A股票的最低價為4元,(股票上升趨勢的起步點)

For example, when stock indexes decline at the end of the stock’s lowest price assumption A $ 4(Starting point for the upward trend in stock)

那麼,當股價逆轉上升時,投資人可以預先計算出來,各種不同狀況,股價上升的轉接點,

也就是:

Then, when the stock price reversal to rise, investors can pre-calculate a variety of different circumstances, rising trend of switching points.
That is:

 

4×(1+0.191)=4.764元;

4×(1+0.382)=5.528元;

4×(1+0.618)=6.472元;

4×(1+0.809)=7.236元;

4×(1+1.0)=8元;

4×(1+1.191)=8.764元。

投資者計算出數據後,再根據實際股票價格變動的情形,然後採取,是進攻或是退出的決定。

Investors calculate the data, then the stock price movements based on the actual situation, then take, offensive or out of the decision.

 

(B)當股市下跌時,投資者最關心的,是下降的低點,會停留在甚麼位置?

(B) When the stock market declines, investors are most concerned about is the low down, what will remain in place?

影響股市下跌的因素極多,投資人根本無法完全掌握。不過,投資者可以從黃金分割比率,計算跌勢進行中,的支持價位,增加投資人,能夠用低位的價格,買進股票。

Factors that affect stock prices very much, investors cannot fully grasp. However, investors from the golden ratio to calculate the decline in progress, the support price, increased investor can use the low price, buy the stock.

 

當股價下跌時,股票價格,逐漸脫離高點,

從下跌趨勢的速度和持久性,依照黃金分割比率的理論,當下跌趨勢的幅度,接近或達到0.382與0.618時,便會發生變化。也就是說,當下跌幅度,接近或超越38.2%或61.8%時,隨時會發生逆轉。換言之,股票價格,雖然在下跌趨勢中,但是卻出現了支持力,下跌趨勢有可能反轉上升,結束下跌行情的可能。

 

When prices decline, the stock price, moving away from the high point, Downward trend from the speed and persistence, according to golden ratio theory, when the magnitude of the downward trend, close to or reach 0.382 and 0.618, they will change. That is, when decreased, close to or exceeds 38.2% or 61.8%, at any time is reversed. In other words, stock prices, although in decline, but it appeared to support, could reverse the downward trend rise, ending the possibility of market decline.

 

下跌趨勢行情展開時,除了0.382和0.618有支持之外,在0.191、0.809位置,都有可能發揮,強大支持的力量。

Market decline started, in addition to 0.382 and 0.618 with support, in 0.191, 0.809 position, are likely to play a strong supporting force.

 

 

例如,上升行情結束前,(A)股最高價格是$3,那麼,股票價格下跌時,投資人,可以計算各種不同的支持價位,也就是:

For example, before the end of rising prices, (A) share the highest price is $ 3, then stock prices fall, investors can calculate a variety of support price, which is:

3×(1-0.191)=$2.427;

3×(1-0.382)=$1.854;

3×(1-0.618)=$1.46;

3×(1-0.809)=$0.573。

在大多數的情況下,將黃金分割比律,運用於股票市場,投資人會發現,在大趨勢的判斷上,它的有效性,高於使用在個別股票上。

 

In most cases, than the golden rule, applied to the stock market, investors will find that, in judging the trend, its validity, than the use of the individual stocks.

 

這是因為,個別股票的投機性較強,有部分股票,會有幕後的經理人,某些股票,極容易出現急促上升或急促下跌的趨勢,這樣,如果利用,刻板的計算公式,尋找頂點與低點,其中的準確性就會降低。

This is because the strong speculative individual stocks, some stocks, there will be the manager behind the scenes, some stock, very prone to rapid increases or rapid downward trend, so that if the use of a rigid formula, find the vertex and low, which will reduce the accuracy.

使用黃金分割比率,預測股票指數的趨勢,相對來說,會較為準確。雖然,也會存在人為因素,但與個別股票比較,受到的影響,要緩和得多。因此,掌握最高點與最低點的準確性,機會也會大一些。

Using the golden ratio, predict the trend of stock indices, relatively speaking, would be more accurate. Although there will be human factors, but compared with individual stocks, impact, much more to ease. Thus, taking the highest and lowest points of accuracy, the opportunity will be larger.

 

大部份的投資者,每一次,當股市調整至,0.618這一個水平時,把金錢投入股票市場,進行買入或賣出,你這麼做,他這麼做,這個黃金分割比率,就變成了「神奇」數字了。

Most investors, and each time, when the stock market to, a level of 0.618 which, to put their money into the stock market, to buy or sell, you do so, he did, the golden ratio, it becomes a “magic" figures.

從數學到美術到股市,投資,也都成為一門藝術呢?

From mathematics to fine arts to the stock market, investment, have also become an Art?

(B)當股市下跌時,投資者最關心的,是下降的低點,會停留在甚麼位置?

(B) When the stock market declines, investors are most concerned about is the low down, what will remain in place?

影響股市下跌的因素極多,投資人根本無法完全掌握。不過,投資者可以從黃金分割比率,計算跌勢進行中,的支持價位,增加投資人,能夠用低位的價格,買進股票。

Factors that affect stock prices very much, investors cannot fully grasp. However, investors from the golden ratio to calculate the decline in progress, the support price, increased investor can use the low price, buy the stock.

 

當股價下跌時,股票價格,逐漸脫離高點,

從下跌趨勢的速度和持久性,依照黃金分割比率的理論,當下跌趨勢的幅度,接近或達到0.382與0.618時,便會發生變化。也就是說,當下跌幅度,接近或超越38.2%或61.8%時,隨時會發生逆轉。換言之,股票價格,雖然在下跌趨勢中,但是卻出現了支持力,下跌趨勢有可能反轉上升,結束下跌行情的可能。

 

When prices decline, the stock price, moving away from the high point, Downward trend from the speed and persistence, according to golden ratio theory, when the magnitude of the downward trend, close to or reach 0.382 and 0.618, they will change. That is, when decreased, close to or exceeds 38.2% or 61.8%, at any time is reversed. In other words, stock prices, although in decline, but it appeared to support, could reverse the downward trend rise, ending the possibility of market decline.

 

下跌趨勢行情展開時,除了0.382和0.618有支持之外,在0.191、0.809位置,都有可能發揮,強大支持的力量。

Market decline started, in addition to 0.382 and 0.618 with support, in 0.191, 0.809 position, are likely to play a strong supporting force.

 

例如,上升行情結束前,(A)股最高價格是$3,那麼,股票價格下跌時,投資人,可以計算各種不同的支持價位,也就是:

For example, before the end of rising prices, (A) share the highest price is $ 3, then stock prices fall, investors can calculate a variety of support price, which is:

3×(1-0.191)=$2.427;

3×(1-0.382)=$1.854;

3×(1-0.618)=$1.46;

3×(1-0.809)=$0.573。

在大多數的情況下,將黃金分割比律,運用於股票市場,投資人會發現,在大趨勢的判斷上,它的有效性,高於使用在個別股票上。

 

In most cases, than the golden rule, applied to the stock market, investors will find that, in judging the trend, its validity, than the use of the individual stocks.

 

這是因為,個別股票的投機性較強,有部分股票,會有幕後的經理人,某些股票,極容易出現急促上升或急促下跌的趨勢,這樣,如果利用,刻板的計算公式,尋找頂點與低點,其中的準確性就會降低。

This is because the strong speculative individual stocks, some stocks, there will be the manager behind the scenes, some stock, very prone to rapid increases or rapid downward trend, so that if the use of a rigid formula, find the vertex and low, which will reduce the accuracy.

使用黃金分割比率,預測股票指數的趨勢,相對來說,會較為準確。雖然,也會存在人為因素,但與個別股票比較,受到的影響,要緩和得多。因此,掌握最高點與最低點的準確性,機會也會大一些。

Using the golden ratio, predict the trend of stock indices, relatively speaking, would be more accurate. Although there will be human factors, but compared with individual stocks, impact, much more to ease. Thus, taking the highest and lowest points of accuracy, the opportunity will be larger.

 

大部份的投資者,每一次,當股市調整至,0.618這一個水平時,把金錢投入股票市場,進行買入或賣出,你這麼做,他這麼做,這個黃金分割比率,就變成了「神奇」數字了。

Most investors, and each time, when the stock market to, a level of 0.618 which, to put their money into the stock market, to buy or sell, you do so, he did, the golden ratio, it becomes a “magic" figures.

從數學到美術到股市,投資,也都成為一門藝術呢?

From mathematics to fine arts to the stock market, investment, have also become an Art?

(Chapter 9)Smart investors have the necessary skills, the use of Golden Ratio(1)


神奇的數字,自我實現出來

Magic number, out of self-realization

黃金分割比率,是如何得到的?

Golden ratio is how to get it?

這是一個古代西方數學家與美術家,不約而同,共同發現的數字,

This is an ancient Western Mathematician and Artists, coincidentally, co-discovered the figures,

如果你拿一個長方形的紙:比率長度是1,寬度是0.618,之後,你以寬度,即0.618為邊,在這個長方形裏,切出一個兩邊相等的正方形,剩下的那一邊,很有趣的,也會是另一張,比例為1對0.618的長方形,如此不斷割切,比例永遠一樣,對數學家而言,這只是一個有趣的數字。西方美術家認為,這是美學的分割,一幅畫,畫中的主題,應該放在0.618,這個位置上,才是最完美。

If you take a rectangle of paper: the length ratio is 1, the width is 0.618, after you order width, that is, 0.618 for the side, In this rectangle, the sides cut out a square equal to the remaining side, very interesting they will be another, the ratio 0.618 for the one pair of rectangular, So keep cutting, the ratio is always the same, the mathematician, this is just an interesting number. Western artists believe that this is the aesthetics of the division, a painting, the painting’s subject, should be placed 0.618; this position is the most perfect.

黃金分割比率,原本是數學家與美術家,專用的數字,從甚麼時候開始,變成了股市技術分析的技巧,就不得而知。

Golden ratio was originally a mathematician and artist, dedicated to digital, from when to start, into the stock market technical analysis techniques, it is not known.

股票技術分析的專業者,引用這項定律,在股票市場進行股票交易,

Stock technical analysis professionals, citing the law, in the stock market stock trading,

技術分析人員,利用黃金分割定律,探討股價變動中,最高點的位置和最低點的位置,發現準確性很高,

Technical analysts, the use of golden law of price changes, the highest point and lowest point of the position of the location and found a very high accuracy,

由於黃金分割比率,有高度的準確性,所以,股票市場的技術分析人員,利用黃金分割比率,預測未來股票價格變動,主要測試標準之一。

As the golden ratio, a high degree of accuracy, so the stock market technical analysts use Fibonacci ratios to predict future stock price movements, the main test criteria.

其實,這種技術分析學問,只是技術分析人員,自我完成的數據,

In fact, this knowledge of technical analysis, but technical analysts, self-complete data,

當越來越多人,學習技術分析,知道有黃金分割定律,這數字的存在,

When more and more people, learn technical analysis, know the law of the golden section, the existence of this figure,

大眾人士,在股市價格趨勢,上升或下跌到黃金分割比率時,進入股票市場,賣出或買入股票,當有許多人,都不約而同地做相同的行動,表現在股票指數上的趨勢,便會相對地有一致性,所謂神奇數字,如此而已。

People who, in the stock market price trends, up or down to the golden ratio, into the stock market, sell or buy shares, when many people are invariably doing the same action, the performance trend on the stock index, it there will be relatively consistent, the so-called magic number, that’s all.

讀者要注意的是:黃金分割比率,只是一個參考工具,不能就此武斷或執著。投資股票,還要參考其他因素和經濟指標。

Readers should note that: golden ratio, is only a reference tool, this cannot be arbitrary or persistent. Invest in stocks, but also of other factors and economic indicators.

另外,黃金分割點和黃金分割區域,是有區別的,不應該教條地,必須等待,黃金分割點的出現,才作出決定,

In addition, the golden section point and the Golden area, there is a difference, should not be dogmatic, must wait, the appearance of golden point, before making a decision,

實際運用中,應該把黃金分割區域的出現,作為決策的依據。

Practical application, should the emergence of the golden zone, as decision-making.

例如,上文提及的人體身材例子。

理論上,測算人體的腰部到頭部的距離,最理想的距離是0.6685,

腰部到腳部的距離,最好是1,805。

但是,實際中,絲毫不差真正達到此標準的,可以說根本不可能。

因此,只要人的腰部到頭部的距離,大約在0.6685區域,腰部到腳部的距離,大約在1.0815區域,就相當標準了,事實上也會令人覺得舒服。

黃金分割比率在生活上的應用

一條線段分割為A、B兩部份,使其中A線段的一部份,與原有線段全長之比例,相等於B線段那一部份,與A線段這部份之比例。

A line segment divided into A, B two parts, so that one part of the segment A, the ratio of the original line length equal to that part of segment B, and A portion of this line ratio.

有趣的是,這個數字在自然界和人們生活中隨處都可以見到:

Interestingly, this figure in nature and in people’s lives can be seen everywhere:

人們肚臍的位置,正好是人體身高的黃金分割點,

People navel position, just the body height of the golden point,

人體的膝蓋,由肚臍到腳跟,正是黃金分割點。

Human knee, the navel to the heel, it is golden point.

黃金分割比率,在其他方面的應用:

²  人的標準體溫是37度,室內溫度是25度,這是人們感受最舒適的溫度,

進行計算之後:25÷37=0.676很接近0.618。

  • Golden ratio, in other areas of application:

People’s standard temperature is 37 degrees; the indoor temperature is 25 degrees, which is that people feel the most comfortable temperature.
After the calculations: 25 ÷ 37 = 0.676 is very close to 0.618.

²  電腦顯示屏的長度與寬度比值,大約為1.6。經過計算之後:1/0.618=1.618。

  • The length and width of the computer screen ratio of about 1.6. Calculated after: 1/0.618 = 1.618.

²  人們理想的體重計算,十分接近:身高×(1-0.618)。

  • The ideal body weight, are very close: height × (1-0.618).

²  人們每一天上班工作8小時:8×0.618=4.944。

  • People go to work eight hours each day: 8 × 0.618 = 4.944.

²  人們上班工作第5個小時之後,正是最需要休息的時候,同時也是期待下班回家的時候。

  • People go to work 5 hours later, it is most in need of rest, but also expect to come home from work.

²  小學生每一節上課的時間是40分鐘,而他們的注意力只有:

40×(1-0.618)=15.28分鐘,

因此,教師必須把握,學生學習的情緒。

  • Each section of students in class time is 40 minutes, while their attention only:

 40 × (1-0.618) = 15.28 minutes.

Therefore, teachers must grasp the mood of students.

²  建築師們對數字0.618也特別偏愛,

無論是古埃及的金字塔,

還是巴黎聖母院,或者是近世紀的法國埃菲爾鐵塔,都有與0.618有關的資料。

  • Architects are particularly preferred for digital 0.618,

Whether it is the ancient pyramids of Egypt,

Or Notre Dame or the Eiffel Tower in France the last century, have the relevant information with 0.618.

²  人們還發現,一些著名的油畫、雕塑、攝影作品的主體位置,大多數放置在畫面的0.618處。

  • It also found that some well-known painting, sculpture, photography of the subject position, the majority placed in screen 0.618.

²  音樂家們一致認為,管絃樂器的絃線,放在琴弦的0.618處,能使發出的音樂聲響,更加柔和甜美。

  • Musicians agreed that the orchestra’s string line device, on the strings of 0.618, can send the music sound more soft and sweet.

認識重要的黃金分割比率,基本位置,然後

Understanding of important golden ratio, the basic position, and then

利用黃金分割比率,找出合適的交易價格。

Golden ratio, can find the right trading price.

  1. 0.382:

0.382在黃金分割比率裡面,所代表的意義,就是在一個上升波段,回調的第一個重要支撐位置或是一個下跌波段,反彈的第一個重要壓力位置;

Inside the golden ratio 0.382, represents the meaning is in a rising band, the first important support callback location or a drop-band, a significant rebound in the first pressure position;

我們都知道當一個趨勢在運行的過程中,是不會一口氣的直奔終點的,

We all know that when a trend in the running process, not the straight end of the breath,

這種運行當中,都會有一些回調的震盪,

This operation which will shock some of the callback,

而當一個趨勢在運行的時候,我們去判別這個趨勢,是否一個強勢的趨勢,就可以利用,回調幅度的大小,來做一個很有效的判斷,

When a trend in the run, we to judge this trend is a strong trend, you can use the callback rate of size, to do a very effective judge,

假設,一個趨勢的波動過程中,其回調幅度,沒有跌穿0.382的位置,

Assumptions, fluctuations in the course of a trend, the callback rate, did not fall to below 0.382 positions,

那麼就意味,這是一個強勁的趨勢,也代表這個趨勢,尚未結束,價位稍為整理後,這個趨勢,將有極大的機會,再創出新高點或新低點。

Then it means that this is a strong trend, but also on behalf of this trend is not over yet, after finishing the price slightly, this trend will have a great opportunity for another new highs or new lows.

  1. 0.5:

0.5在黃金分割比率裡面,所代表的意義,

0.5  In the golden ratio which, by the meaning,

就是在一個上升趨勢裡面,回調的過程中,第二個重要支撐位置或是一個下跌趨勢中,反彈的第二個重要支持位置;

There is a rising trend, the callback process, the second important support position or a down trend, the rally to support the second important position;

當一個趨勢,到達暫時的頂點或低點時,在這過程中,出現了回調0.5的幅度,通常表示,市場可能會出現,比較長時期的調整期,

When a trend, reaching a temporary peak or low, in the process, the magnitude of 0.5 occurred callback, usually indicates the market may appear relatively long period of adjustment,

行情出現震盪的機會,短時期內,再創新高點或出現新低點的機會降低,

Shock in market opportunities, a short time, a new high or new low-point opportunities to reduce,

但整體的市場運行現況,仍以原先的趨勢為主要方向。

However, the status of the overall operation of the market, the trend is still the main direction of the original.

  1. 0.618:

0.618在黃金分割比率裡面,所代表的意義:

0.618 In the golden ratio which, by the meaning,

這是在一個上升趨勢中,股票價格,回調期間,最重要阻力位置;或是一個下跌趨勢中,反彈期間,最重要支持位置;

This is a rising trend in stock prices, during the callback, the most important resistance levels; or a decline in the rebound period, the most important support for the position;

若一個趨勢的運行,出現了回調0.618的幅度,

If the operation of a trend, there has been a callback rate of 0.618,

代表股票市場的運行,出現反轉趨勢的可能性大增,

Representative of the stock market run, the trend reversal, the possibility of greatly increased,

一旦下跌趨勢,向上突破0.618的回調幅度,或上升趨勢,向下跌破0.618的回調幅度

Once the downward trend, break up the callback rate of 0.618, or an upward trend, the callback rate down below the 0.618

那麼便顯示,不論上升趨勢或下跌趨勢,正式完結。

Then it shows an upward trend or downward trend in both the formal end.

股票市場隨著的運行,將會以全新的型態移動。

With the stock market run, will be a new type of mobile.

 

 

(Chapter 9)Smart investors have the necessary skills, the use of Golden Ratio


神奇的數字,自我實現出來

Magic number, out of self-realization

黃金分割比率,是如何得到的?

Golden ratio is how to get it?

這是一個古代西方數學家與美術家,不約而同,共同發現的數字,

This is an ancient Western Mathematician and Artists, coincidentally, co-discovered the figures,

如果你拿一個長方形的紙:比率長度是1,寬度是0.618,之後,你以寬度,即0.618為邊,在這個長方形裏,切出一個兩邊相等的正方形,剩下的那一邊,很有趣的,也會是另一張,比例為1對0.618的長方形,如此不斷割切,比例永遠一樣,對數學家而言,這只是一個有趣的數字。西方美術家認為,這是美學的分割,一幅畫,畫中的主題,應該放在0.618,這個位置上,才是最完美。

If you take a rectangle of paper: the length ratio is 1, the width is 0.618, after you order width, that is, 0.618 for the side, In this rectangle, the sides cut out a square equal to the remaining side, very interesting they will be another, the ratio 0.618 for the one pair of rectangular, So keep cutting, the ratio is always the same, the mathematician, this is just an interesting number. Western artists believe that this is the aesthetics of the division, a painting, the painting’s subject, should be placed 0.618; this position is the most perfect.

黃金分割比率,原本是數學家與美術家,專用的數字,從甚麼時候開始,變成了股市技術分析的技巧,就不得而知。

Golden ratio was originally a mathematician and artist, dedicated to digital, from when to start, into the stock market technical analysis techniques, it is not known.

股票技術分析的專業者,引用這項定律,在股票市場進行股票交易,

Stock technical analysis professionals, citing the law, in the stock market stock trading,

技術分析人員,利用黃金分割定律,探討股價變動中,最高點的位置和最低點的位置,發現準確性很高,

Technical analysts, the use of golden law of price changes, the highest point and lowest point of the position of the location and found a very high accuracy,

由於黃金分割比率,有高度的準確性,所以,股票市場的技術分析人員,利用黃金分割比率,預測未來股票價格變動,主要測試標準之一。

As the golden ratio, a high degree of accuracy, so the stock market technical analysts use Fibonacci ratios to predict future stock price movements, the main test criteria.

其實,這種技術分析學問,只是技術分析人員,自我完成的數據,

In fact, this knowledge of technical analysis, but technical analysts, self-complete data,

當越來越多人,學習技術分析,知道有黃金分割定律,這數字的存在,

When more and more people, learn technical analysis, know the law of the golden section, the existence of this figure,

大眾人士,在股市價格趨勢,上升或下跌到黃金分割比率時,進入股票市場,賣出或買入股票,當有許多人,都不約而同地做相同的行動,表現在股票指數上的趨勢,便會相對地有一致性,所謂神奇數字,如此而已。

People who, in the stock market price trends, up or down to the golden ratio, into the stock market, sell or buy shares, when many people are invariably doing the same action, the performance trend on the stock index, it there will be relatively consistent, the so-called magic number, that’s all.

讀者要注意的是:黃金分割比率,只是一個參考工具,不能就此武斷或執著。投資股票,還要參考其他因素和經濟指標。

Readers should note that: golden ratio, is only a reference tool, this cannot be arbitrary or persistent. Invest in stocks, but also of other factors and economic indicators.

另外,黃金分割點和黃金分割區域,是有區別的,不應該教條地,必須等待,黃金分割點的出現,才作出決定,

In addition, the golden section point and the Golden area, there is a difference, should not be dogmatic, must wait, the appearance of golden point, before making a decision,

實際運用中,應該把黃金分割區域的出現,作為決策的依據。

Practical application, should the emergence of the golden zone, as decision-making.

例如,上文提及的人體身材例子。

理論上,測算人體的腰部到頭部的距離,最理想的距離是0.6685,

腰部到腳部的距離,最好是1,805。

但是,實際中,絲毫不差真正達到此標準的,可以說根本不可能。

因此,只要人的腰部到頭部的距離,大約在0.6685區域,腰部到腳部的距離,大約在1.0815區域,就相當標準了,事實上也會令人覺得舒服。

黃金分割比率在生活上的應用

一條線段分割為A、B兩部份,使其中A線段的一部份,與原有線段全長之比例,相等於B線段那一部份,與A線段這部份之比例。

A line segment divided into A, B two parts, so that one part of the segment A, the ratio of the original line length equal to that part of segment B, and A portion of this line ratio.

有趣的是,這個數字在自然界和人們生活中隨處都可以見到:

Interestingly, this figure in nature and in people’s lives can be seen everywhere:

人們肚臍的位置,正好是人體身高的黃金分割點,

People navel position, just the body height of the golden point,

人體的膝蓋,由肚臍到腳跟,正是黃金分割點。

Human knee, the navel to the heel, it is golden point.

黃金分割比率,在其他方面的應用:

²  人的標準體溫是37度,室內溫度是25度,這是人們感受最舒適的溫度,

進行計算之後:25÷37=0.676很接近0.618。

  • Golden ratio, in other areas of application:

People’s standard temperature is 37 degrees; the indoor temperature is 25 degrees, which is that people feel the most comfortable temperature.
After the calculations: 25 ÷ 37 = 0.676 is very close to 0.618.

²  電腦顯示屏的長度與寬度比值,大約為1.6。經過計算之後:1/0.618=1.618。

  • The length and width of the computer screen ratio of about 1.6. Calculated after: 1/0.618 = 1.618.

²  人們理想的體重計算,十分接近:身高×(1-0.618)。

  • The ideal body weight, are very close: height × (1-0.618).

²  人們每一天上班工作8小時:8×0.618=4.944。

  • People go to work eight hours each day: 8 × 0.618 = 4.944.

²  人們上班工作第5個小時之後,正是最需要休息的時候,同時也是期待下班回家的時候。

  • People go to work 5 hours later, it is most in need of rest, but also expect to come home from work.

²  小學生每一節上課的時間是40分鐘,而他們的注意力只有:

40×(1-0.618)=15.28分鐘,

因此,教師必須把握,學生學習的情緒。

  • Each section of students in class time is 40 minutes, while their attention only:

 40 × (1-0.618) = 15.28 minutes.

Therefore, teachers must grasp the mood of students.

²  建築師們對數字0.618也特別偏愛,

無論是古埃及的金字塔,

還是巴黎聖母院,或者是近世紀的法國埃菲爾鐵塔,都有與0.618有關的資料。

  • Architects are particularly preferred for digital 0.618,

Whether it is the ancient pyramids of Egypt,

Or Notre Dame or the Eiffel Tower in France the last century, have the relevant information with 0.618.

²  人們還發現,一些著名的油畫、雕塑、攝影作品的主體位置,大多數放置在畫面的0.618處。

  • It also found that some well-known painting, sculpture, photography of the subject position, the majority placed in screen 0.618.

²  音樂家們一致認為,管絃樂器的絃線,放在琴弦的0.618處,能使發出的音樂聲響,更加柔和甜美。

  • Musicians agreed that the orchestra’s string line device, on the strings of 0.618, can send the music sound more soft and sweet.

認識重要的黃金分割比率,基本位置,然後

Understanding of important golden ratio, the basic position, and then

利用黃金分割比率,找出合適的交易價格。

Golden ratio, can find the right trading price.

  1. 0.382:

0.382在黃金分割比率裡面,所代表的意義,就是在一個上升波段,回調的第一個重要支撐位置或是一個下跌波段,反彈的第一個重要壓力位置;

Inside the golden ratio 0.382, represents the meaning is in a rising band, the first important support callback location or a drop-band, a significant rebound in the first pressure position;

我們都知道當一個趨勢在運行的過程中,是不會一口氣的直奔終點的,

We all know that when a trend in the running process, not the straight end of the breath,

這種運行當中,都會有一些回調的震盪,

This operation which will shock some of the callback,

而當一個趨勢在運行的時候,我們去判別這個趨勢,是否一個強勢的趨勢,就可以利用,回調幅度的大小,來做一個很有效的判斷,

When a trend in the run, we to judge this trend is a strong trend, you can use the callback rate of size, to do a very effective judge,

假設,一個趨勢的波動過程中,其回調幅度,沒有跌穿0.382的位置,

Assumptions, fluctuations in the course of a trend, the callback rate, did not fall to below 0.382 positions,

那麼就意味,這是一個強勁的趨勢,也代表這個趨勢,尚未結束,價位稍為整理後,這個趨勢,將有極大的機會,再創出新高點或新低點。

Then it means that this is a strong trend, but also on behalf of this trend is not over yet, after finishing the price slightly, this trend will have a great opportunity for another new highs or new lows.

  1. 0.5:

0.5在黃金分割比率裡面,所代表的意義,

0.5  In the golden ratio which, by the meaning,

就是在一個上升趨勢裡面,回調的過程中,第二個重要支撐位置或是一個下跌趨勢中,反彈的第二個重要支持位置;

There is a rising trend, the callback process, the second important support position or a down trend, the rally to support the second important position;

當一個趨勢,到達暫時的頂點或低點時,在這過程中,出現了回調0.5的幅度,通常表示,市場可能會出現,比較長時期的調整期,

When a trend, reaching a temporary peak or low, in the process, the magnitude of 0.5 occurred callback, usually indicates the market may appear relatively long period of adjustment,

行情出現震盪的機會,短時期內,再創新高點或出現新低點的機會降低,

Shock in market opportunities, a short time, a new high or new low-point opportunities to reduce,

但整體的市場運行現況,仍以原先的趨勢為主要方向。

However, the status of the overall operation of the market, the trend is still the main direction of the original.

  1. 0.618:

0.618在黃金分割比率裡面,所代表的意義:

0.618 In the golden ratio which, by the meaning,

這是在一個上升趨勢中,股票價格,回調期間,最重要阻力位置;或是一個下跌趨勢中,反彈期間,最重要支持位置;

This is a rising trend in stock prices, during the callback, the most important resistance levels; or a decline in the rebound period, the most important support for the position;

若一個趨勢的運行,出現了回調0.618的幅度,

If the operation of a trend, there has been a callback rate of 0.618,

代表股票市場的運行,出現反轉趨勢的可能性大增,

Representative of the stock market run, the trend reversal, the possibility of greatly increased,

一旦下跌趨勢,向上突破0.618的回調幅度,或上升趨勢,向下跌破0.618的回調幅度

Once the downward trend, break up the callback rate of 0.618, or an upward trend, the callback rate down below the 0.618

那麼便顯示,不論上升趨勢或下跌趨勢,正式完結。

Then it shows an upward trend or downward trend in both the formal end.

股票市場隨著的運行,將會以全新的型態移動。

With the stock market run, will be a new type of mobile.

黃金分割比率,在投資過程的運用:

Golden ratio, the use of the investment process:

黃金分割比率,在眾多的技術分析工具裡面,可以算是,參考價值最高的一種,也是我個人最喜愛使用的技術分析工具,

Golden ratio in many technical analysis tools which can be regarded as the reference value of the highest kind, but also my personal favorite use of technical analysis tools,

我個人認為,0.382、0.5、0.618 這三個黃金分割比率,特別重要;

Personally, I think, 0.382, 0.5, 0.618 three golden ratio, is particularly important;

黃金分割比率的應用、不需要設置任何工具,簡單容易使用,而且非常有效果,尤其是在計算成交量巨大的股票或指數,具有十分神奇的效果,

Golden ratio of applications, without setting any tools, simple and easy to use and very effective, especially in large volume in the calculation of the stock or index, has a very magical effect,

黃金分割比率有高效果的原因,我可以解釋為:因為黃金分割比率,蘊含着宇宙間的自然定律,

金融市場裡,所有的交易,都由人所促成,所以人類的交易行為,也不會跳出大自然的定律。

Golden ratio has a high effect of reasons, I can be explained as follows: because golden ratio contains the natural laws of the universe.
Financial markets, all transactions, led by the people, so the human transactions it will not jump out of the law of nature.

事實上,在我們的生活環境中,到處可以看見,符合黃金分割比率的生活體驗。

In fact, in our living environment, can be seen everywhere, meet the golden ratio of life experience.

例如:我們到處可以看見的香煙包裝盒子、雜誌的長度和寬度比例;普通樹葉的寬度與長度之比例;蝴蝶身體長度與翅膀展開後,兩者長度的比例,也是接近0.618。

For example: we can see everywhere, cigarette packaging boxes, magazines, the length and width ratio; ordinary leaf width and length ratio; butterfly body length, with wings expanded, the ratio between the length is close to 0.618.

美麗的事物如:金字塔、巴黎鐵塔,甚至所謂俊男美女的臉型,或身材,也都符合黃金分割比率,

Beautiful things such as: Pyramids, the Eiffel Tower, even the so-called attractive men and women face, or body, are also in line with the golden ratio,

再從更玄妙的角度來看,地球上陸地的面積,和海洋面積,兩方面的比較,都接近0.618。

More mysterious from the perspective of Earth’s land area, and marine area, two aspects of the comparison, are close to 0.618

人們睡眠所需的時間,與日間生活所需的時間,兩者比較;人類身體的溫度和最舒適溫度的比較,都極度接近黃金分割比率0.618

The time required for people to sleep, and daytime life time, in comparison; human body temperature and the most comfortable temperature comparisons are extremely close to the golden ratio 0.618

學習使用黃金分割比率,很多人,無法把黃金分割比率運用得很好,主要原因是找不到正確的高點和低點,

Learning to use the golden ratio, a lot of people cannot use the golden ratio very well, mainly due to not find the right high and low points,

當我們要運用黃金分割比率,分析指數時,必須採用數據的最高價位,和最低價位,在這個時候,投資者,最容易犯的兩個錯誤是:

When we use the golden section ratio analysis index, the data must be the highest price, and the lowest position, at this time, investors most likely to commit two errors are:

在股價預測中,有兩種黃金分割比率的分析方法:

In the stock price prediction, there are two golden ratio analysis methods:

第一種方法:找尋近期指數趨勢中,指數上升的頂端位置,或下跌的最低位置,用來計算,未來走勢的基礎,

The first method: find the recent trend in the index, rose to the top position, or drop the lowest position, used to calculate the future movements of the foundation,

當股價上升時,選擇上升起點的股價,作為計算基礎,當上升趨勢,到達黃金分割比率時,股價因為受到阻力,持續上升的趨勢,可能發生逆轉。

When the stock price rises, selects the starting point of the stock, as calculated on the basis, when the upward trend to reach the golden ratio, the stock price because of resistance, and the rising trend could be reversed.

當股價下跌時,選擇下跌前,最高的股價,作為計算基礎,當下跌趨勢,到達黃金分割比率時,股價因為受到支持,持續下跌的趨勢,可能發生逆轉。

When stock prices fall, the choice fell before the highest stock price, as calculated on the basis, when the downward trend to reach the golden ratio, the share price since been supported and sustained downward trend could be reversed.

第二種方法:

股價下跌趨勢發生逆轉後,股價運行的趨勢,由下跌轉為向上攀升。處理辦法

舉例:

當下跌趨勢逐漸緩慢下來時,假設某A股的最低價格是10元,那麼,股價有機會逆轉攀升時,投資人可以預先計算出各種不同的阻力價位:

$10×(1+19.1%)=$11.9

$10×(1+38.2%)=$13.8

$10×(1+50.0%)=$15

$10×(1+61.8%)=$16.2

$10×(1+80.9%)=$18.1

$10×(1+100%)=$20

$10×(1+119.1%)=$21.9

然後,再依照實際股價變動情形做斟酌。

上升趨勢發生逆轉後,轉升止跌的處理和部署

以近期走勢中重要的峰位和底位之間的漲額作為計量的基數,

將原漲升幅按0.191、0.382、0.5、0.618、0.809分割為五個黃金點。股價在後轉的走勢將有可能在這些黃金點上遇到暫時的阻力。

反之上升行情結束前,某股最高價為30元,那麼,股價反轉下跌時,投資人也可以計算出各種不同的持價位,也就是

$30×(1-19.1%)=$24.3

$30×(1-38.2%)=$18.5

$30×(1-0.5%)=$15

$30×(1-61.8%)=$11.5

$30×(1-80.9%)=$5.7

然後,依照實際趨勢,演變的情形,再作最後決定。

Then, follow the actual trends, the evolution of the situation, making the final decision.

黃金分割比率,由於沒有理論作為根據,所以有人批評這是迷信,是巧合,但自然界,的確充滿一些奇妙的巧合,一直難以說出道理。

Golden ratio, because there is no theory as a basis, it has been criticized as a superstition, is a coincidence, but nature is indeed full of some amazing coincidence, has been difficult to tell truth.

艾略特的波浪理論,都是採用黃金分割比率的理論,成為世界聞名的波浪理論,廣泛地為投資人士所採用。

Elliott wave theory, are based on the golden ratio theory, as the world famous wave theory, widely used for the investors.

神秘數字是否真的只是巧合呢?

Mysterious figure is really just a coincidence?

還是大自然一切生態,都可以用神秘數字作為解釋呢?

Or the nature of all ecological can be used to explain it as a mysterious figure?

這個問題,只能見仁見智。但黃金分割比率,在投資市場上,無人不知,無人不用,作為一個投資者,不能不深入研究,只是,不能太過執著。

This problem can only be a matter of opinion. But the golden ratio, in the investment market, no one does not know, no one not in use, as an investor, cannot fail to in-depth study, but not too persistent.

能夠快人一步,採取適當行動的投資人士,將會更加穩操勝券。

To quick step, to take appropriate action investors will be more surer of success.

認識五個基本的黃金分割率數值

Five basic understanding of the value of the golden ratio

黃金分割比率數值:0.191、0.382、0.5、0.618、0.809,可以分割為五個黃金分割點,

Golden ratio values ​​; 0.191, 0.382, 0.5, 0.618, 0.809, can be divided into five golden points,

根據這個數值,從股價近期走勢中,找出最高點或最低點,作為計算基數,這樣的做法,便能找到,即將出現的支撐位置或阻力位置。

According to this value, from the recent share price movements, find the highest or lowest point, as the calculation base, such an approach, can be found, the upcoming location of the support or resistance.

不過,要注意的是:找尋最高點與最低點的數值,是需要結合,時間運動規律來確認的。

Note, however, is: find the highest and lowest points of value, is the need to combine the time to confirm the law of motion.

因為市場隨時會出現波動,有時,是時間週期首先出現,有時,是價位首先出現,兩個因素,都有可能同時出現。

Because the market will always fluctuate, sometimes, is the time period first appeared, and sometimes, the price comes first, two factors are likely to occur simultaneously.

當時間、價格同時出現,那麼,就意味着,將會有大幅度的運行趨勢,極有可能形成,大級別的趨勢移動。

When the time, the price simultaneously, then it means there will be substantial run trend is likely to form, the trend of moving large level.

(A)當股市上升時,投資者最關心的,是上升的頂點,會停留在甚麼位置?

When the stock market rises, investors are most concerned about is the rise of the vertices will stay in what position?

事實上,影響股價變動的因素很多,要想準確地,掌握上升行情的最高價,是絕對不可能的事情,

In fact, many factors affect the stock price changes, in order to accurately grasp the highest increase in market price, it is absolutely impossible,

因此,投資人所能做的,就是依照黃金分割律,計算可能出現的股價反轉點,以供實際操作時的參考。

Therefore, investors can do, is to follow the golden rule to calculate the stock price reversal points that may arise, for the actual operation of the reference.

當股價向上升期間,逐漸脫離低位點,

When the stock price to rise during the period, moving away from the low point,

從上升的速度與持久性,依照黃金分割律,它的漲勢會在上漲幅度,接近或達到0.382與0.618時,會發生變化。

From the rising speed and persistence, according to the golden rule, it gains in the rate of increase, close to or reach 0.382 and 0.618, it will change.

也就是說,當上升接近或超越38.2%或61.8%時,就會出現相反壓力,有違反上升趨勢,轉變為下跌的現象,換言之,暫時停止,上升的走勢。

That is, when close to or exceeds the 38.2% increase, or 61.8%, there will be pressure on the contrary, in violation of the rise, fall into the phenomenon, in other words, to temporarily stop rising trend.

應用黃金分割律,除了固定的0.382與0.618,是上漲趨勢過程中,相反走勢的轉接點,

Application of Golden Section, in addition to a fixed 0.382 and 0.618, the trend is rising process, the opposite trend of the transfer point,

其中,也要注意,這一小距離的相反走勢轉接點,即0.382的一半,也就是0.191,也是重要的依據。

One should also note that this small transfer point from the opposite trend, that is half of 0.382, which is 0.191, is also an important basis.

因此,當股市上升趨勢開始時,要預測股價上升的動力及相反走勢轉接點時,

Therefore, when the stock market upward trend began, the power to predict stock prices rise and the opposite trend of transfer points,

將即場股價行情,下跌的最低點,乘以0.191、0.382、0.809與1,作為上升的幅度的預測。

The spot market price fell to its lowest point multiplied by 0.191, 0.382, 0.809 and 1, as the forecast rate of increase.

當股價上漲幅度越過1倍,走勢轉接點,以1.191、1.382、1.809和2倍,進行計算。依此類推。

When the stock price rises over 1 times, the trend transfer point to 1.191, 1.382, 1.809, and 2-fold, calculated. And so on.

例如,當股票指數下跌趨勢結束時,假設A股票的最低價為4元,(股票上升趨勢的起步點)

For example, when stock indexes decline at the end of the stock’s lowest price assumption A $ 4(Starting point for the upward trend in stock)

那麼,當股價逆轉上升時,投資人可以預先計算出來,各種不同狀況,股價上升的轉接點,

也就是:

Then, when the stock price reversal to rise, investors can pre-calculate a variety of different circumstances, rising trend of switching points.
That is:

4×(1+0.191)=4.764元;

4×(1+0.382)=5.528元;

4×(1+0.618)=6.472元;

4×(1+0.809)=7.236元;

4×(1+1.0)=8元;

4×(1+1.191)=8.764元。

投資者計算出數據後,再根據實際股票價格變動的情形,然後採取,是進攻或是退出的決定。

Investors calculate the data, then the stock price movements based on the actual situation, then take, offensive or out of the decision.

(B)當股市下跌時,投資者最關心的,是下降的低點,會停留在甚麼位置?

(B) When the stock market declines, investors are most concerned about is the low down, what will remain in place?

影響股市下跌的因素極多,投資人根本無法完全掌握。不過,投資者可以從黃金分割比率,計算跌勢進行中,的支持價位,增加投資人,能夠用低位的價格,買進股票。

Factors that affect stock prices very much, investors cannot fully grasp. However, investors from the golden ratio to calculate the decline in progress, the support price, increased investor can use the low price, buy the stock.

當股價下跌時,股票價格,逐漸脫離高點,

從下跌趨勢的速度和持久性,依照黃金分割比率的理論,當下跌趨勢的幅度,接近或達到0.382與0.618時,便會發生變化。也就是說,當下跌幅度,接近或超越38.2%或61.8%時,隨時會發生逆轉。換言之,股票價格,雖然在下跌趨勢中,但是卻出現了支持力,下跌趨勢有可能反轉上升,結束下跌行情的可能。

When prices decline, the stock price, moving away from the high point, Downward trend from the speed and persistence, according to golden ratio theory, when the magnitude of the downward trend, close to or reach 0.382 and 0.618, they will change. That is, when decreased, close to or exceeds 38.2% or 61.8%, at any time is reversed. In other words, stock prices, although in decline, but it appeared to support, could reverse the downward trend rise, ending the possibility of market decline.

下跌趨勢行情展開時,除了0.382和0.618有支持之外,在0.191、0.809位置,都有可能發揮,強大支持的力量。

Market decline started, in addition to 0.382 and 0.618 with support, in 0.191, 0.809 position, are likely to play a strong supporting force.

例如,上升行情結束前,(A)股最高價格是$3,那麼,股票價格下跌時,投資人,可以計算各種不同的支持價位,也就是:

For example, before the end of rising prices, (A) share the highest price is $ 3, then stock prices fall, investors can calculate a variety of support price, which is:

3×(1-0.191)=$2.427;

3×(1-0.382)=$1.854;

3×(1-0.618)=$1.46;

3×(1-0.809)=$0.573。

在大多數的情況下,將黃金分割比律,運用於股票市場,投資人會發現,在大趨勢的判斷上,它的有效性,高於使用在個別股票上。

In most cases, than the golden rule, applied to the stock market, investors will find that, in judging the trend, its validity, than the use of the individual stocks.

這是因為,個別股票的投機性較強,有部分股票,會有幕後的經理人,某些股票,極容易出現急促上升或急促下跌的趨勢,這樣,如果利用,刻板的計算公式,尋找頂點與低點,其中的準確性就會降低。

This is because the strong speculative individual stocks, some stocks, there will be the manager behind the scenes, some stock, very prone to rapid increases or rapid downward trend, so that if the use of a rigid formula, find the vertex and low, which will reduce the accuracy.

使用黃金分割比率,預測股票指數的趨勢,相對來說,會較為準確。雖然,也會存在人為因素,但與個別股票比較,受到的影響,要緩和得多。因此,掌握最高點與最低點的準確性,機會也會大一些。

Using the golden ratio, predict the trend of stock indices, relatively speaking, would be more accurate. Although there will be human factors, but compared with individual stocks, impact, much more to ease. Thus, taking the highest and lowest points of accuracy, the opportunity will be larger.

大部份的投資者,每一次,當股市調整至,0.618這一個水平時,把金錢投入股票市場,進行買入或賣出,你這麼做,他這麼做,這個黃金分割比率,就變成了「神奇」數字了。

Most investors, and each time, when the stock market to, a level of 0.618 which, to put their money into the stock market, to buy or sell, you do so, he did, the golden ratio, it becomes a “magic" figures.

從數學到美術到股市,投資,也都成為一門藝術呢?

From mathematics to fine arts to the stock market, investment, have also become an Art?

(B)當股市下跌時,投資者最關心的,是下降的低點,會停留在甚麼位置?

(B) When the stock market declines, investors are most concerned about is the low down, what will remain in place?

影響股市下跌的因素極多,投資人根本無法完全掌握。不過,投資者可以從黃金分割比率,計算跌勢進行中,的支持價位,增加投資人,能夠用低位的價格,買進股票。

Factors that affect stock prices very much, investors cannot fully grasp. However, investors from the golden ratio to calculate the decline in progress, the support price, increased investor can use the low price, buy the stock.

當股價下跌時,股票價格,逐漸脫離高點,

從下跌趨勢的速度和持久性,依照黃金分割比率的理論,當下跌趨勢的幅度,接近或達到0.382與0.618時,便會發生變化。也就是說,當下跌幅度,接近或超越38.2%或61.8%時,隨時會發生逆轉。換言之,股票價格,雖然在下跌趨勢中,但是卻出現了支持力,下跌趨勢有可能反轉上升,結束下跌行情的可能。

When prices decline, the stock price, moving away from the high point, Downward trend from the speed and persistence, according to golden ratio theory, when the magnitude of the downward trend, close to or reach 0.382 and 0.618, they will change. That is, when decreased, close to or exceeds 38.2% or 61.8%, at any time is reversed. In other words, stock prices, although in decline, but it appeared to support, could reverse the downward trend rise, ending the possibility of market decline.

下跌趨勢行情展開時,除了0.382和0.618有支持之外,在0.191、0.809位置,都有可能發揮,強大支持的力量。

Market decline started, in addition to 0.382 and 0.618 with support, in 0.191, 0.809 position, are likely to play a strong supporting force.

例如,上升行情結束前,(A)股最高價格是$3,那麼,股票價格下跌時,投資人,可以計算各種不同的支持價位,也就是:

For example, before the end of rising prices, (A) share the highest price is $ 3, then stock prices fall, investors can calculate a variety of support price, which is:

3×(1-0.191)=$2.427;

3×(1-0.382)=$1.854;

3×(1-0.618)=$1.46;

3×(1-0.809)=$0.573。

在大多數的情況下,將黃金分割比律,運用於股票市場,投資人會發現,在大趨勢的判斷上,它的有效性,高於使用在個別股票上。

In most cases, than the golden rule, applied to the stock market, investors will find that, in judging the trend, its validity, than the use of the individual stocks.

這是因為,個別股票的投機性較強,有部分股票,會有幕後的經理人,某些股票,極容易出現急促上升或急促下跌的趨勢,這樣,如果利用,刻板的計算公式,尋找頂點與低點,其中的準確性就會降低。

This is because the strong speculative individual stocks, some stocks, there will be the manager behind the scenes, some stock, very prone to rapid increases or rapid downward trend, so that if the use of a rigid formula, find the vertex and low, which will reduce the accuracy.

使用黃金分割比率,預測股票指數的趨勢,相對來說,會較為準確。雖然,也會存在人為因素,但與個別股票比較,受到的影響,要緩和得多。因此,掌握最高點與最低點的準確性,機會也會大一些。

Using the golden ratio, predict the trend of stock indices, relatively speaking, would be more accurate. Although there will be human factors, but compared with individual stocks, impact, much more to ease. Thus, taking the highest and lowest points of accuracy, the opportunity will be larger.

大部份的投資者,每一次,當股市調整至,0.618這一個水平時,把金錢投入股票市場,進行買入或賣出,你這麼做,他這麼做,這個黃金分割比率,就變成了「神奇」數字了。

Most investors, and each time, when the stock market to, a level of 0.618 which, to put their money into the stock market, to buy or sell, you do so, he did, the golden ratio, it becomes a “magic" figures.

從數學到美術到股市,投資,也都成為一門藝術呢?

From mathematics to fine arts to the stock market, investment, have also become an Art?

2009-08-19 11-39-58


2009-08-19 11-39-58

圖片

(8) Disintegration of the euro, there is the fact that sooner or later, you should prepare as soon as possible, the policy response to large storm?


這篇博客寫於07/12/2011

ING上周發表報告,指歐元區一旦瓦解,區內首兩年國內生產總值(GDP)將大幅萎縮12%

 

This blog was written in 07/12/2011

The ING Group published a report last week, referring to the collapse of the euro area, once the region’s first two years of gross domestic product (GDP) will decline significantly 12%.

目前金融市場惡劣的情況,比對雷曼兄弟破產時,對金融市場的傷害更大。

The current poor financial market conditions, when compared to the Lehman Brothers bankruptcy, the Financial markets hurt more.

該報告指出,美國首年經濟將下跌9%,美元將飆升到0.85歐元,油價將瀉至每桶55美元。

The report noted that the first year of the U.S. economy will decline by 9%.

The dollar will rise to 0.85 Euros, and oil prices will crash to $ 55 per barrel.

 

相反,歐元區邊緣國家,包括西班牙通脹將達雙位數字。

On the contrary, the edge of the Euro area countries, including Spain will reach double-digit inflation.

《華爾街日報》報導,國際炒家索羅斯認為,全球金融體系,目前正處在崩潰的邊緣。

“Wall Street Journal" reported that international speculators George Soros said that Global financial system is now in the brink of collapse.

 

索羅斯日前出席一公開場合時警告,目前的世界金融體系正處於「自動化解體過程」,可能帶來相當災難性的後果,各個國家應該盡力阻止這一個趨勢。索羅斯現時認為,在新興市場與發達國家的分歧已越來越明顯,而他對開發中國家抱持更多信心。

Soros has warned at a public occasion, the current world financial system is in“Self-Reinforcing Process of Disintegration.” Quite possible disastrous consequences, each country should try to prevent this trend. Soros now believes that the differences between emerging markets and developed

Countries have become increasingly evident, and his contribution to developing countries holds more confidence.
華倫·愛德華·巴菲特和艾倫·格林斯潘與索羅斯都認為,歐元最後的結果,會被迫解體。

Warren Edward Buffett and Alan Greenspan, they all agreed that the final result the Euro will be forced disintegration.

你應該預早為即將出現的衝擊作好準備。

You should advance to prepare for the upcoming impact.

一個月之前,雖然歐債危機已經不斷升溫,市場上依然有很多人認為,歐債危機會隨着歐盟領導層的努力斡旋,而獲得舒緩。

A month ago, although the debt crisis in Europe has been heating up, the market still has a lot of people think that European debt crisis with the European Union mediation efforts of the leadership, and to obtain relief.

現在,擺上桌面上,最理想的方案,是由德國提出;德國和歐洲中央銀行認為,要解決歐洲債務危機,必須從根本着手,

Now, on the table, the best option, raised by Germany; Germany and the European Central Bank believes that to resolve the debt crisis in Europe must proceed from the fundamental.

德國領袖認為,各成員國必須採取,與德國一致的公共理財政策,只要歐盟各國同意修改歐盟條約。

German leaders believe that all member states must adopt, consistent with Germany’s public finance policy. As long as the European League countries agreed to amend the EU treaties.

換言之,歐盟各成員國,必須提交每年的財政預算,由歐洲聯盟審查。

In other words, the EU Member States, must submit the annual budget review by the European Union,

或更直接的說,各會員國的財政預算,首先交給德國來批核,當會員國發生經濟困難時,才能在財政上,

獲得歐洲聯盟及歐洲中央銀行的支持,當各成員國的財政支出,收入回復平衡,歐債危機便可迎刃而解。

Or, more bluntly, the Member States of the budget, first to Germany, to approve, when Member States are fall into economic difficulties, in order to be financially, the European Union and the European Central Bank’s support.When Member States of the expenditure, revenue to redress the balance, the debt crisis can be resolved.

可是,要修改歐盟條約是一項廢時耗日的工程,就算各成員國的領袖同意,但各成員國的國會,是否願意交出財政主導權,將是一連串難以克服的關卡,目前的情況,已經到達,不能容許歐債危機,拖延超過多一年,所以整個歐元區宣布解體,已是不可逆轉的事實。

However, to modify the EU treaty is a waste of time-consuming on the project.Even the leaders of the Member States agreed, but the members of Congress, is willing to hand over financial dominance, it will be difficult to overcome a series of checkpoints.The current situation has been reached, cannot allow the debt crisis, delayed more than one more year, so that the disintegration of the entire Euro zone, has become an irreversible fact.

歐元區的政客提出另一個解決歐洲債務的方法,是推行歐洲版的量化寬鬆措施。開動機器印刷鈔票的,

大量供應貨幣的結果,負債國的欠款會不斷增加,貨幣只會不斷貶值。

Eurozone politicians propose another method to solve the debt in Europe is to launch a European version of quantitative easing measures. Start the machine to print money, the result of large supply of currency, the country’s outstanding debt will continue to increase, and the currency will continue to depreciate.

量化寬鬆措施,假如落實施行的話,生活在歐洲而持有現金的人,各會員國的人民,害怕國家脫離歐元區,為了避免手上的貨幣貶值,便會把現金匯出歐洲,歐洲銀行體系內的鈔票,便會越來越少。

Quantitative easing measures, if to put the words, living in Europe and the people who hold cash, member States of the people, afraid of leaving the Euro zone countries, in order to avoid the hands of the currency devaluation, cash will be exported to Europe; the European banking system’s money will be less and less.

隨着歐元的購買力下跌,那些依賴政府支付生活開支的歐洲人,如何生活下去?

With the euro’s purchasing power fell, those who rely on the government to pay living expenses of the Europeans, how to live?

在法國,已經退休的年老長者,生活費中,85%的支出,都是來自政府的資助。

In France, the old retired elderly, living expenses, 85% of the expenditures are funded from the government.

歐元貶值後,當退休人士生活艱難時,便會向政府施壓,要求救助,政府為保持政治穩定,被迫出手救助。

Depreciation of the euro, when retired life is hard, they will pressure the government to require assistance, the government in order to maintain political stability, was forced to bail them out.

那麼,實行緊縮開支,節省得來的金錢,政客受到壓力,最終又要派發給人民,但是,國家的總負債額,

隨着高昂的利息,一路上升,要欠債纍纍的國家,達到收支平衡?真是天方夜譚。誰人能解決這些周而復始的難題?

So, the implementation of austerity, savings to the money, politicians under pressure, and ultimately distributed to the people again, but the country’s total liabilities, with the high interest rates, rising up, debt-ridden countries to achieve the balance of payments balance? It is really a fairy tale. Who can solve these problems again and again?

我認為,解決歐洲債務危機,最後,也是最有可能的辦法是:歐洲中央銀行推行歐洲版量化寬鬆措施,讓歐元貶值。

In my view, to solve the debt crisis in Europe, finally, is the most likely way is: the European Central Bank to implement the European version of quantitative easing, the euro depreciated.

不過,要靠貶值減輕債務負擔,規模一定要宏大,貶值幅度至少要令歐元失去一半以上的購買力。

However, to rely on depreciation to reduce the debt burden, the scale must be grand, at least to make the Euro depreciated by more than half of the loss of purchasing power.

歐洲許多人,都要靠政府支援生活費用,貨幣貶值,必定帶來通貨膨脹,人們生活陷入艱難,又會把生活艱難的現實,變成為政治壓力,不斷增加壓力之下,政府便要增加開支,最終又回到,債務危機的起步點。

 

Europe, many people have to rely on government support for living costs, currency devaluation, will certainly lead to inflation, people living in a difficult, but will the reality of life is hard, turned into a political pressure, increasing pressure, the government will have to increase spending and, eventually, back to the debt crisis of the starting point.

債務發生危機,貨幣貶值,債務纍積起來,於是又發生債務危機,貨幣再貶值,債款便越積越多,???

Debt crisis, currency devaluation, debt accumulated, so the debt crisis took place again, then the currency devaluation, debt will be piled up,???

面對當前的惡劣形勢,歐元區如果真的解體,全球金融市場,肯定掀起滔天巨浪。

Given the current adverse situation, the euro zone if it disintegrated, the global financial markets, certainly set off a tidal wave,

假如你是金融市場的投資者,不管您手上持有的投資產品,是屬於何種類別,都必須未雨綢繆。

If you are a financial market investors, regardless of your hand holding the investment products, is what kind of category, must take precautions.

當然,有危機存在,也會提供賺大錢的機會。

Of course, there is a crisis, will also provide the opportunity to make big money.

假如您能提早裝備起來,您不但能反敗為勝,並且說不定,還能擠身成為,千萬富翁之列。

If you can equip up early, you not only win the game, and perhaps, also crowd into millionaires list.

目前的發生的危機,猶如用紙球,包着火種,各國的政客們,用美麗的花紋紙,將燃燒着的火種,層層

疊疊包封着,用紙包裹的火種,暫時因為缺少氧氣助燃,火勢暫時尚可控制,但是,當評級公司戳破紙

球後,氧氣開始滲進紙球內,包着火種的紙球,瞬即燒成灰燼。

The current crises, like wrapped in paper with fire.

National politicians, with a beautiful pattern paper, the burning fire, with layers of encapsulation,paper wrapped in fire, a temporary lack of oxygen combustion, and the fire was still being controlled,

However, when rating companies punctured paper ball, the oxygen began infiltrated the paper balls, paper balls wrapped in fire, was immediately burnt to ashes.

這一波的金融風暴,將會是十分迅猛的,甚至會令人措手不及。

This wave of financial crisis, will be very rapid, even surprising.

「焦頭爛額」與「名成利就」。

“Serious damage" and “Not only with money and celebrity"

「家破人亡」與「大富大貴」兩者之間,互相對換,速戰速決。

“Broken up" and “make a lot of money" between each other on the exchange, a quick fix.

下期預告:

(第九章)精明投資者,是否必須熟悉黃金比率的原理?

Next Issue:

(Chapter 9)Savvy investors, is to be familiar with the principle of the Golden Ratio?

(第十章)運用黃金比率,設定進入市場的價位,退出市場的底線。你有沒有掌握這項技巧?

(Chapter10)The use of Golden Ratio set to enter the market price, out of the market’s bottom line. Do you have mastered this technique?

(Chapter 7):Do you possess, smart investors, the necessary conditions?


(第七章):您是否都具備,精明投資者,必備的條件?

 

投資者,把金錢交給基金經理管理,把金錢投資在金融市場,基金經理結果把資金虧損了,投資者除了自嘆運氣欠佳之外,投資人士,究竟有沒有值得檢討的地方?

 

Investors put their money to the fund manager to invest the money in the financial markets, the fund manager results to a loss of funds, investors except itself to blame bad luck, the investors, is there a place worthy of review?

 

基金業績虧損,投資基金的客戶,小投資者及公眾,看起來是好像是受害者,根據我自己的觀點,投資者是有不可推卸的責任。

 

Fund performance losses, investment fund clients, small investors and the public, looks like the victim, according to my own point of view, investors cannot shirk its responsibility.

大家把自己的金錢交給專業投資人或基金為我們投資增值,利用金錢賺取利潤,希望收益勝過通貨膨脹,大家其實都在接受,甚至鼓勵投資人,打茅波及巧取豪奪。

 

Everyone put their money to professional investors or investment funds for our value-added, using the money to make a profit, hope returns than inflation, actually we are to accept, even encourage investors, against the rules affect predatory.

 

老實說,每一年都要找到,能夠戰勝通貨膨脹的機會,根本是不可能的事,再加上投進的資金,越來越多,基金公司,互相競爭下,找到獲利的投資工具,越來越困難。

 

Honestly, every year must be found, the chance to beat inflation is virtually impossible to do, coupled with the input of funds, more and more fund companies compete with each other, find profitable investment tools , more and more difficult.

 

就是這樣,各種包裝精美,派頭十足,但風險不明顯的金融產品,應運而生;

 

Is such that a variety of packaged, flamboyant, but the risk is not obvious financial products, came into being;

 

有的標榜,提供的投資產品,經過科學運算,失敗風險很低;有些利用諾貝爾經濟學獎得主,以作招徠;有些則以回報高於股市指數,吸引客戶投入金錢。

 

Some profess to provide investment products, a scientific computing, risk of failure is low; some use of the Nobel laureate in economics, as an attraction; while others return higher than the stock market index, to attract customers to invest money.

 

市場上的金融產品,對投資人為害很深遠,基金的管理者,說明白一些,他們只是追求投資增長的人。

Financial products on the market, far-reaching harm to investors, fund managers, to understand some of that, they are just people who pursue investment growth.

 

追逐利潤的最極端表現,基金經理便要卸下(誠信)這件美麗的外衣。

 

The most extreme manifestation of the pursuit of profit, fund managers will have to remove the (Integrity) this beautiful coat.

 

基金經理的產品銷售合約,永遠都是嚴謹,投資人難於追索的,因為它們背後,都有龐大的法律顧問團隊作支援。

 

Fund manager’s sales contracts are always strict, hard investor recourse, because behind them, have a huge team of legal counsel for assistance.

 

這些金融產品,包裝再包裝,整合再整合,產品內究竟包括甚麼東西、回報如何,已難以計算及令人明白。

 

These financial products, packaging re-packaging, re-integration integration, including what exactly the product, how the return has been calculated and it is difficult to understand.

 

所以每一次有金融巨浪湧來,投資人發現手上持有的東西價值成疑時,泡沫便爆破,投資升值遊戲完結,金融危機便來臨,科網股熱潮爆破,按揭風暴,令投資人損失慘重。

 

So every time a financial waves coming in, investors found something worth holding hands in doubt, the bubble will burst, investment appreciation end of the game, the financial crisis will come, dot.com shares boom burst, mortgage crisis, and so investor losses.

 

這些金融產品都不堪一擊,小投資者都焦頭爛額,血本無歸,投訴無門。

 

These financial products are vulnerable, small investors are bruised and battered down the drain, lodge complaints.

 

您投資在基金公司,銀行高利息的產品,無聲無息中消失得無影無踪,您情願嗎?

 

Your investment in the fund companies, banks high interest products, quietly disappeared without a trace, you prefer it?

 

 

在目前金融體制下,每一個人,都按貪婪的本性,扮演自己的角色,作出各種指定的動作。

 

In the current financial system, everyone is greedy by nature, to play their role, to make a variety of specific actions.

 

真正的分別是,有些人及時全身而退,賺得一筆金錢;有些人,沒有保護自己的能力,當音樂停止的時候,還在傳遞炸彈,他們不願離開座位,最終成為受害者。

 

The real difference is that some people get out in time, earn a sum of money; some people, there is no ability to protect themselves, when the music stops, still pass the bomb, they do not want to leave the seat, eventually become victims.

 

這就是一個沉鬱的故事。這是一個殘酷的現實。

This is a gloomy story. This is a harsh reality.

 

現實既然是這樣無情,您為甚麼還要把金錢,交給別人管理?

Since it is so cruel reality, why put your money over to someone else manage?

 

金融危機,根本是金融制度的一部份,就算政府嚴密監管,增加更多法例,也是不能避免的。

Financial crisis, there is a part of the financial system, even if the government closely monitored, adding more laws, but also inevitable.

 

現實既然如此,那麼,您應該訓練自己,成為一個精明的投資者。

Reality being the case, then you should train yourself to become a smart investor.

 

 

寫這篇博客的時候,傳來一則電訊:2011年11月30日(11:13 am) Hong Kong time

When writing this blog, came a telecommunications: November 30, 2011 (11:13 am) Hong Kong time

 

歐元集團主席表示,由於希臘已經達到相關要求,歐元區財長開會同意,向希臘發放第六次價值80億歐元援助貸款。

Euro Group Chairman said that as Greece has reached the relevant requirements, the Euro zone finance ministers meeting agreed to grant Greece the sixth value of 80 billion Euros aid loans.

 


另外,受政府瘦身影響,超過1.4萬名希臘公務員於本月28日被迫提前退休(原定2013年)。同日,約4000名已達退休年齡卻仍在國家單位留任的員工被勒令立即退休

In addition, the impact of downsizing by the government, more than 14,000 civil servants on the 28th of this month Greece was forced to retire early (scheduled 2013). On the same day, about 4,000 units in the country has reached retirement age are still remaining staff were ordered to retire immediately.

 

當我看到這則通訊時,我不禁遙搖頭嘆息,不斷借錢給一名負債累累的人,究竟是幫助他脫困,抑或陷他於泥濘中?越多的債款,越高的利息,只靠緊縮開支,沒有創造經濟復甦的辦法,以增加收入,償還欠款,怎能解決財困?

 

When I see this communication, I cannot help but shake my heads away, and constantly lend money to a debt-ridden people, whether it is to help him rescue, or trap him in the mud? The more debt, higher interest rates, rely on belt-tightening, there is no way to create economic recovery, to increase income, to pay the debt, how to solve financial difficulties?

 

目前,就算將歐洲的共公財政的制定權,收歸布魯塞爾,讓歐洲央行用整個歐洲作抵押,發行歐元債券。

 

At present, even if the total of public finances in Europe to develop the right reverted to Brussels, so that the whole of Europe with the European Central Bank as collateral to issue Euro bonds.

 

 

集權中央的提議,剝削歐洲人的民主自治,這種行為,實際上這是不帶血的奪權。

Authoritarian central proposal, the exploitation of European democracy and autonomy, such behavior, in fact, it is not bloody seizure of power.

 

今天歐洲的政治矛盾,日益加深,事態發展下去,只有一個結果,便是欠債國被逐出歐元區。

Today, Europe’s political conflicts, deepening, the situation continues, there is only one result in the debtor country was expelled from the Euro zone.

 

歐盟和國際貨幣基金組織2010年5月決定向希臘提供1100億歐元救援貸款,以幫助其擺脫債務危機。

 

European Union and the International Monetary Fund in May 2010 decided to provide € 110 billion rescue of Greece loans to help them get rid of the debt crisis.

 

希臘當時未能按期實現,減少財政赤字等主要目標,歐盟推遲發放,原定2010年9月份發放的第6次救援貸款。

 

Greece was not achieved on schedule; reduce the fiscal deficit and other major targets, the EU delayed release, scheduled for release in September 2010, the 6th rescue loans.

 

事隔一年多,方案還未真正落實並執行。明年聖誕節前後,當歐洲新上任的領袖表現出,無法解決債務危機時,便是歐元解體日。

More than a year later, the program has not yet been implemented and executed. Next year around Christmas, when the newly appointed leader of the European show, cannot solve the debt crisis, the disintegration of the Euro is the day.

 

我們從大局判斷,只要您能認定歐債危機一定爆發,並且不可收拾,那麼,現在這正是適當時候作出部署,做一名精明的投資者。

 

We judge the overall situation, as long as you are able to identify certain debt crisis broke out, and out of control, then this is now an appropriate time to make arrangements, to be a shrewd investor.

 

 

Next Issue:

(Chapter 8) Disintegration of the euro, there is the fact that sooner or later, you should prepare as soon as possible, the policy response to large storm?

But how can I do? Come on, friends! I have here a series of views available to you to consider.