{"id":3905,"date":"2020-05-09T00:34:21","date_gmt":"2020-05-08T17:34:21","guid":{"rendered":"https:\/\/hoclamgiau.vn\/?p=3905"},"modified":"2020-05-09T00:37:30","modified_gmt":"2020-05-08T17:37:30","slug":"lam-the-nao-de-ban-khong-co-phieu","status":"publish","type":"post","link":"https:\/\/hoclamgiau.vn\/lam-the-nao-de-ban-khong-co-phieu\/","title":{"rendered":"L\u00e0m th\u1ebf n\u00e0o \u0111\u1ec3 b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu v\u00e0 4 b\u01b0\u1edbc th\u1ef1c hi\u1ec7n\u00a0"},"content":{"rendered":"

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n gi\u1ea3m nhanh v\u00e0 d\u1eef d\u1ed9i trong th\u1eddi k\u1ef3 bi\u1ebfn \u0111\u1ed9ng kinh t\u1ebf nh\u01b0 virus COVID-19, kh\u1ee7ng ho\u1ea3ng kinh t\u1ebf n\u0103m 2008 hay s\u1ef1 s\u1ee5p \u0111\u1ed5 bong b\u00f3ng c\u00f4ng ngh\u1ec7 n\u0103m 2000-2002. B\u00e1n kh\u1ed1ng l\u00e0 m\u1ed9t c\u00e1ch kh\u00e1c \u0111\u1ec3 ph\u00f2ng ng\u1eeba r\u1ee7i ro thua l\u1ed7 v\u00e0 ki\u1ebfm l\u1eddi khi th\u1ecb tr\u01b0\u1eddng suy gi\u1ea3m. L\u00e0m th\u1ebf n\u00e0o \u0111\u1ec3 th\u1ef1c hi\u1ec7n b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu v\u00e0 c\u00e1c b\u01b0\u1edbc th\u1ef1c hi\u1ec7n chi ti\u1ebft s\u1ebd \u0111\u01b0\u1ee3c <\/span>hoclamgiau<\/span><\/a> \u0111\u1ec1 c\u1eadp d\u01b0\u1edbi \u0111\u00e2y.<\/span><\/span><\/p>\n

1. T\u1ea1i sao n\u00ean b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu<\/b><\/span><\/h2>\n

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n ho\u1ea1t \u0111\u1ed9ng theo chu k\u1ef3 nh\u01b0 m\u1ed9t chi\u1ebfc \u0111\u1ed3ng h\u1ed3, gi\u00e1 c\u1ed5 phi\u1ebfu s\u1ebd c\u00f3 nh\u1eefng \u0111\u1ee3t suy gi\u1ea3m s\u00e2u trung b\u00ecnh kho\u1ea3ng m\u1ed9t l\u1ea7n m\u1ed7i th\u1eadp k\u1ef7. V\u00e0o l\u00fac n\u00e0y, h\u1ea7u h\u1ebft c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1ebd gi\u1eef ti\u1ec1n m\u1eb7t v\u00e0o th\u1eddi \u0111i\u1ec3m kh\u00f4ng \u1ed5n \u0111\u1ecbnh v\u00e0 c\u1ea7u nguy\u1ec7n cho th\u1ecb tr\u01b0\u1eddng t\u1ed1t \u0111\u1eb9p tr\u1edf l\u1ea1i. \u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 giao d\u1ecbch ng\u1eafn h\u1ea1n mu\u1ed1n ki\u1ebfm l\u1ee3i nhu\u1eadn t\u1eeb vi\u1ec7c gi\u1ea3m gi\u00e1 c\u1ed5 phi\u1ebfu, s\u1ebd r\u1ea5t h\u1ee3p l\u00fd khi h\u1ecdc c\u00e1ch b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu. B\u1edfi v\u00ec chu k\u1ef3 kinh doanh s\u1ebd khi\u1ebfn th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n l\u00ean, xu\u1ed1ng theo th\u1eddi gian. <\/span><\/p>\n

Nh\u1eefng huy\u1ec1n tho\u1ea1i \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n \u0111\u1ec1u cho r\u1eb1ng th\u1ecb tr\u01b0\u1eddng leo l\u00ean m\u1ed9t m\u1ee9c gi\u00e1 cao h\u01a1n, gi\u1ea3m xu\u1ed1ng th\u1ea5p h\u01a1n v\u00e0 sau \u0111\u00f3 l\u1eb7p l\u1ea1i chu k\u1ef3 n\u00e0y. N\u1ebfu b\u1ea1n bi\u1ebft c\u00e1ch b\u00e1n kh\u1ed1ng, b\u1ea1n c\u00f3 th\u1ec3 thu l\u1ee3i t\u1eeb vi\u1ec7c gi\u1ea3m gi\u00e1 c\u1ed5 phi\u1ebfu thay v\u00ec ki\u00ean nh\u1eabn ch\u1edd \u0111\u1ee3i th\u1ecb tr\u01b0\u1eddng ph\u1ee5c h\u1ed3i. V\u00ec th\u1ecb tr\u01b0\u1eddng lu\u00f4n mang t\u00ednh chu k\u1ef3, c\u00e1c ch\u1ec9 s\u1ed1 di chuy\u1ec3n l\u00ean v\u00e0 xu\u1ed1ng, b\u1ea1n n\u00ean bi\u1ebft c\u00e1ch ki\u1ebfm l\u1ee3i nhu\u1eadn theo c\u1ea3 hai h\u01b0\u1edbng.<\/span><\/p>\n

2. 4 B\u01b0\u1edbc c\u01a1 b\u1ea3n \u0111\u1ec3 b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu\u00a0<\/b><\/span><\/h2>\n

2.1 B\u01af\u1edaC 1: VAY V\u1ed0N CH\u1ee8NG KHO\u00c1N<\/b><\/span><\/h3>\n

\u0110\u1ec3 vay c\u1ed5 phi\u1ebfu t\u1eeb nh\u00e0 m\u00f4i gi\u1edbi c\u1ee7a b\u1ea1n, b\u1ea1n s\u1ebd c\u1ea7n m\u1ed9t t\u00e0i kho\u1ea3n k\u00fd qu\u1ef9. C\u00e1c nh\u00e0 m\u00f4i gi\u1edbi t\u1ed1t \u0111\u1ec1u c\u00f3 d\u1ecbch v\u1ee5 cung c\u1ea5p ti\u1ec1n k\u00fd qu\u1ef9 cho kh\u00e1ch h\u00e0ng. V\u00ec v\u1eady, n\u1ebfu b\u1ea1n \u0111\u00e1p \u1ee9ng c\u00e1c ti\u00eau ch\u00ed, \u0111i\u1ec1u ki\u1ec7n c\u1ee7a nh\u00e0 m\u00f4i gi\u1edbi, b\u1ea1n c\u00f3 th\u1ec3 m\u1edf m\u1ed9t t\u00e0i kho\u1ea3n k\u00fd qu\u1ef9. T\u00f9y theo s\u00e0n giao d\u1ecbch m\u00e0 \u0111i\u1ec1u ki\u1ec7n m\u1edf t\u00e0i kho\u1ea3n k\u00fd qu\u1ef9 s\u1ebd kh\u00e1c nhau. Tuy nhi\u00ean, n\u1ebfu b\u1ea1n \u0111\u00e3 c\u00f3 th\u1eddi gian tham gia th\u1ecb tr\u01b0\u1eddng l\u00e2u d\u00e0i th\u00ec nhi\u1ec1u kh\u1ea3 n\u0103ng b\u1ea1n s\u1ebd m\u1edf \u0111\u01b0\u1ee3c t\u00e0i kho\u1ea3n k\u00fd qu\u1ef9 d\u1ec5 d\u00e0ng h\u01a1n r\u1ea5t nhi\u1ec1u.\u00a0<\/span><\/p>\n

\"l\u00e0m<\/p>\n

L\u00fd do b\u1ea1n c\u1ea7n m\u1ed9t t\u00e0i kho\u1ea3n k\u00fd qu\u1ef9 l\u00e0 v\u00ec vi\u1ec7c b\u00e1n kh\u1ed1ng \u0111\u00f2i h\u1ecfi b\u1ea1n ph\u1ea3i vay c\u1ed5 phi\u1ebfu. Gi\u1ed1ng nh\u01b0 b\u1ea5t k\u1ef3 kho\u1ea3n vay n\u00e0o kh\u00e1c, b\u1ea1n ph\u1ea3i tr\u1ea3 chi ph\u00ed l\u00e3i su\u1ea5t cho kho\u1ea3n vay n\u00e0y, \u0111\u1ee7 t\u00edn nhi\u1ec7m \u0111\u1ec3 c\u00f3 \u0111\u01b0\u1ee3c l\u00e3i su\u1ea5t \u01b0u \u0111\u00e3i. Khi b\u1ea1n c\u00f3 t\u00e0i kho\u1ea3n k\u00fd qu\u1ef9, b\u1ea1n c\u00f3 th\u1ec3 y\u00eau c\u1ea7u m\u01b0\u1ee3n c\u1ed5 phi\u1ebfu t\u1eeb nh\u00e0 m\u00f4i gi\u1edbi c\u1ee7a m\u00ecnh, ng\u01b0\u1eddi ch\u1ecbu tr\u00e1ch nhi\u1ec7m \u0111\u1ecbnh v\u1ecb c\u1ed5 phi\u1ebfu. C\u00e1ch th\u1ee9c ho\u1ea1t \u0111\u1ed9ng l\u00e0 nh\u00e0 m\u00f4i gi\u1edbi t\u00ecm th\u1ea5y m\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00e1c s\u1edf h\u1eefu c\u1ed5 phi\u1ebfu v\u00e0 t\u1ea1m th\u1eddi m\u01b0\u1ee3n c\u1ed5 phi\u1ebfu trong khi \u0111\u1ed3ng \u00fd tr\u1ea3 l\u1ea1i ch\u00fang v\u00e0o ng\u00e0y c\u1ed1 \u0111\u1ecbnh trong t\u01b0\u01a1ng lai.\u00a0<\/span><\/p>\n

\u1ede th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n M\u1ef9, c\u00e1c nh\u00e0 m\u00f4i gi\u1edbi nh\u01b0 Delicious Works v\u00e0 Thinkorswim cung c\u1ea5p c\u00e1c t\u00e0i kho\u1ea3n k\u00fd qu\u1ef9 cho ph\u00e9p b\u1ea1n b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu.\u00a0<\/span><\/p>\n

2.2 B\u01b0\u1edbc 2: B\u00e1n c\u1ed5 phi\u1ebfu m\u00e0 b\u1ea1n \u0111\u00e3 m\u01b0\u1ee3n<\/b><\/span><\/h3>\n

Khi b\u1ea1n \u0111\u0103ng nh\u1eadp v\u00e0o trong t\u00e0i kho\u1ea3n ch\u1ee9ng kho\u00e1n tr\u1ef1c tuy\u1ebfn c\u1ee7a m\u00ecnh, b\u1ea1n s\u1ebd c\u00f3 t\u00f9y ch\u1ecdn mua, b\u00e1n, mua \u0111\u1ec3 c\u00e2n b\u1eb1ng ( Buy to cover) ho\u1eb7c b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu (ch\u1ec9 c\u00f3 \u1edf c\u00e1c s\u00e0n giao d\u1ecbch n\u01b0\u1edbc ngo\u00e0i). Th\u00f4ng th\u01b0\u1eddng, b\u1ea1n ki\u1ebfm ti\u1ec1n b\u1eb1ng c\u00e1ch mua c\u1ed5 phi\u1ebfu \u1edf m\u1ed9t m\u1ee9c gi\u00e1 th\u1ea5p v\u00e0 b\u00e1n n\u00f3 v\u1edbi gi\u00e1 cao h\u01a1n. Khi b\u1ea1n b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu, b\u1ea1n c\u1ea7n b\u00e1n c\u1ed5 phi\u1ebfu ngay sau khi \u0111\u00e3 vay c\u1ed5 phi\u1ebfu th\u00e0nh c\u00f4ng. Ti\u1ec1n m\u1eb7t t\u1eeb vi\u1ec7c b\u00e1n c\u1ed5 phi\u1ebfu s\u1ebd \u0111\u01b0\u1ee3c g\u1eedi v\u00e0o t\u00e0i kho\u1ea3n c\u1ee7a b\u1ea1n ngay sau khi giao d\u1ecbch th\u00e0nh c\u00f4ng.<\/span><\/p>\n

3.3 B\u01b0\u1edbc 3: Khi gi\u00e1 c\u1ee7a c\u1ed5 phi\u1ebfu suy gi\u1ea3m, mua l\u1ea1i c\u1ed5 phi\u1ebfu<\/b><\/span><\/h3>\n

Khi gi\u00e1 c\u1ed5 phi\u1ebfu gi\u1ea3m, b\u1ea1n c\u00f3 th\u1ec3 mua l\u1ea1i c\u1ed5 phi\u1ebfu v\u1edbi l\u1ec7nh mua \u0111\u1ec3 c\u00e2n b\u1eb1ng ( buy to cover). Ho\u1ea1t \u0111\u1ed9ng n\u00e0y di\u1ec5n ra t\u01b0\u01a1ng t\u1ef1 nh\u01b0 khi b\u1ea1n mua m\u1ed9t c\u1ed5 phi\u1ebfu th\u00f4ng th\u01b0\u1eddng.. S\u1ef1 kh\u00e1c bi\u1ec7t gi\u1eefa b\u00e1n kh\u1ed1ng v\u00e0 mua c\u1ed5 phi\u1ebfu th\u00f4ng th\u01b0\u1eddng ch\u1ec9 l\u00e0 v\u1ea5n \u0111\u1ec1 th\u1eddi gian. Thay v\u00ec b\u1ea1n b\u1eaft \u0111\u1ea7u giao d\u1ecbch b\u1eb1ng mua c\u1ed5 phi\u1ebfu v\u00e0 sau \u0111\u00f3 k\u1ebft th\u00fac giao d\u1ecbch b\u1eb1ng b\u00e1n c\u1ed5 phi\u1ebfu, b\u1ea1n b\u1eaft \u0111\u1ea7u giao d\u1ecbch b\u1eb1ng vi\u1ec7c b\u00e1n c\u1ed5 phi\u1ebfu v\u00e0 k\u1ebft th\u00fac giao d\u1ecbch b\u1eb1ng giao d\u1ecbch mua c\u1ed5 phi\u1ebfu.\u00a0<\/span><\/p>\n

3.4 B\u01b0\u1edbc 4: Tr\u1ea3 l\u1ea1i c\u1ed5 phi\u1ebfu cho nh\u00e0 m\u00f4i gi\u1edbi v\u00e0 ki\u1ebfm l\u1eddi<\/b><\/span><\/h3>\n

Khi b\u1ea1n nh\u1eadp l\u1ec7nh mua \u0111\u1ec3 c\u00e2n b\u1eb1ng, b\u1ea1n s\u1ebd tr\u1ea3 l\u1ea1i c\u1ed5 ph\u1ea7n \u0111\u00e3 m\u01b0\u1ee3n tr\u01b0\u1edbc \u0111\u00f3 cho ng\u01b0\u1eddi m\u00f4i gi\u1edbi c\u1ee7a b\u1ea1n. N\u1ebfu gi\u00e1 c\u1ed5 phi\u1ebfu th\u1ea5p h\u01a1n gi\u1eefa l\u00fac b\u1ea1n nh\u1eadp l\u1ec7nh mua so v\u1edbi khi b\u1ea1n nh\u1eadp l\u1ec7nh b\u00e1n th\u00ec b\u1ea1n s\u1ebd ki\u1ebfm \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn. S\u1ed1 ti\u1ec1n b\u1ea1n ki\u1ebfm \u0111\u01b0\u1ee3c l\u00e0 ch\u00eanh l\u1ec7ch gi\u1eefa gi\u00e1 c\u1ed5 phi\u1ebfu m\u00e0 b\u1ea1n \u0111\u00e3 b\u00e1n v\u00e0 gi\u00e1 c\u1ed5 phi\u1ebfu m\u00e0 sau \u0111\u00f3 b\u1ea1n \u0111\u00e3 mua \u0111\u1ec3 tr\u1ea3 l\u1ea1i c\u1ed5 phi\u1ebfu vay m\u01b0\u1ee3n, \u0111\u00e3 tr\u1eeb hoa h\u1ed3ng v\u00e0 ph\u00ed d\u1ecbch v\u1ee5.<\/span><\/p>\n

3. M\u1ed9t s\u1ed1 th\u01b0\u01a1ng v\u1ee5 b\u00e1n kh\u1ed1ng trong th\u1eddi gian g\u1ea7n \u0111\u00e2y<\/b><\/span><\/h2>\n

Michael Burry v\u00e0 Universal n\u1ed5i b\u1eadt nh\u01b0 m\u1ed9t s\u1ed1 th\u01b0\u01a1ng v\u1ee5 b\u00e1n kh\u1ed1ng n\u1ed5i b\u1eadt nh\u1ea5t. Trong COVID-19, Universal \u0111\u00e3 t\u0103ng 3.612% v\u1ec1 gi\u00e1 tr\u1ecb khi \u0111\u1eb7t c\u01b0\u1ee3c v\u00e0o xu h\u01b0\u1edbng gi\u1ea3m gi\u00e1 c\u1ee7a th\u1ecb tr\u01b0\u1eddng tr\u1edf th\u00e0nh hi\u1ec7n th\u1ef1c. Qu\u1ef9 kh\u00f4ng tin v\u00e0o th\u1eddi \u0111i\u1ec3m th\u1ecb tr\u01b0\u1eddng c\u00f3 th\u1ec3 ph\u1ee5c h\u1ed3i ngay l\u1eadp t\u1ee9c. Thay v\u00e0o \u0111\u00f3, h\u1ecd lu\u00f4n \u0111\u1eb7t c\u01b0\u1ee3c nh\u1ecf v\u00e0 thu l\u1ee3i t\u1eeb s\u1ef1 bi\u1ebfn \u0111\u1ed9ng.\u00a0<\/span><\/p>\n

C\u00e1ch ti\u1ebfp c\u1eadn c\u1ee7a Michael Burry c\u00f3 th\u1ec3 h\u1ea5p d\u1eabn h\u01a1n. Michael Burry \u0111\u1eb7t c\u01b0\u1ee3c th\u1ecb tr\u01b0\u1eddng nh\u00e0 \u0111\u1ea5t suy gi\u1ea3m nghi\u00eam tr\u1ecdng v\u00e0 th\u1eafng l\u1edbn. Nh\u01b0ng ngay c\u1ea3 Michael Burry c\u0169ng ph\u1ea3i ch\u1ecbu \u0111\u1ef1ng m\u1ed9t v\u00e0i n\u0103m kh\u00f3 kh\u0103n tr\u1ea7m tr\u1ecdng tr\u01b0\u1edbc khi th\u01b0\u01a1ng v\u1ee5 b\u00e1n kh\u1ed1ng c\u1ee7a anh ta \u0111\u01b0\u1ee3c \u0111\u1ec1n \u0111\u00e1p.\u00a0<\/span><\/p>\n

>> Kh\u00e1m ph\u00e1 B\u00e1n kh\u1ed1ng l\u00e0 g\u00ec? C\u00e1ch th\u1ee9c ho\u1ea1t \u0111\u1ed9ng v\u00e0 th\u01b0\u01a1ng v\u1ee5 b\u00e1n kh\u1ed1ng v\u0129 \u0111\u1ea1i<\/a><\/strong><\/span><\/p><\/blockquote>\n

4. Nh\u1eefng ch\u00fa \u00fd quan tr\u1ecdng khi b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu<\/b><\/span><\/h2>\n

4.1 C\u1ea3nh b\u00e1o b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu c\u00e1c c\u00f4ng ty ph\u1ea3i tr\u1ea3 c\u1ed5 t\u1ee9c<\/b><\/span><\/h3>\n

N\u1ebfu c\u00f4ng ty tr\u1ea3 c\u1ed5 t\u1ee9c trong th\u1eddi gian b\u1ea1n b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu v\u00e0 tr\u1ea3 l\u1ea1i cho ng\u01b0\u1eddi m\u00f4i gi\u1edbi sau \u0111\u00f3 th\u00ec b\u1ea1n ph\u1ea3i c\u00f3 tr\u00e1ch nhi\u1ec7m tr\u1ea3 c\u1ed5 t\u1ee9c. N\u00f3i chung, c\u00e1c c\u1ed5 phi\u1ebfu nh\u01b0 th\u1ebf n\u00e0y l\u00e0 nh\u1eefng c\u1ed5 phi\u1ebfu \u1ee7ng h\u1ed9 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 mua v\u00e0 n\u1eafm gi\u1eef l\u00e2u d\u00e0i. V\u00ec th\u1ebf, nh\u1eefng c\u1ed5 phi\u1ebfu n\u00e0y n\u00ean \u0111\u01b0\u1ee3c t\u00ecm hi\u1ec3u k\u1ef9 tr\u01b0\u1edbc khi b\u00e1n kh\u1ed1ng.<\/span><\/p>\n

C\u00e1c s\u1ef1 ki\u1ec7n kh\u00f4ng th\u1ec3 \u0111o\u00e1n tr\u01b0\u1edbc kh\u00e1c, ch\u1eb3ng h\u1ea1n nh\u01b0 chia t\u00e1ch c\u1ed5 phi\u1ebfu v\u00e0 ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu m\u1edbi c\u0169ng c\u00f3 th\u1ec3 l\u00e0m t\u1ed5n th\u01b0\u01a1ng c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu.<\/span><\/p>\n

4.2 Th\u1ecb tr\u01b0\u1eddng t\u0103ng \u0111i\u1ec3m tr\u1edf l\u1ea1i<\/b><\/span><\/h3>\n

M\u1ed9t trong nh\u1eefng tr\u00edch d\u1eabn \u0111\u1ea7u t\u01b0 n\u1ed5i ti\u1ebfng nh\u1ea5t \u0111\u1ebfn t\u1eeb John Maynard Keynes, \u00f4ng \u1ea5y \u0111\u00e3 vi\u1ebft r\u1eb1ng:<\/span><\/p>\n

\n

\u201c Markets can remain irrational longer than you can remain solvent\u201d- Th\u1ecb tr\u01b0\u1eddng c\u00f3 th\u1ec3 thay \u0111\u1ed5i b\u1ea5t h\u1ee3p l\u00fd l\u00e2u h\u01a1n b\u1ea1n c\u00f3 th\u1ec3 mong \u0111\u1ee3i. <\/span><\/p>\n<\/blockquote>\n

T<\/span>rong bong b\u00f3ng th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, m\u1ed9t lo\u1ea1t l\u00fd do c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c tr\u00edch d\u1eabn t\u1ea1i sao th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n n\u00ean gi\u1ea3m \u0111i\u1ec3m. Nh\u01b0ng h\u1ebft l\u1ea7n n\u00e0y \u0111\u1ebfn l\u1ea7n kh\u00e1c, th\u1ecb tr\u01b0\u1eddng thay \u0111\u1ed5i th\u1ea5t th\u01b0\u1eddng h\u01a1n nhi\u1ec1u so v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 mong \u0111\u1ee3i, c\u1ea3 v\u1ec1 m\u1eb7t t\u0103ng v\u00e0 gi\u1ea3m.<\/span><\/span><\/p>\n

N\u1ebfu b\u1ea1n l\u00e0 m\u1ed9t nh\u00e0 \u0111\u1ea7u c\u01a1 b\u00e1n kh\u1ed1ng, m\u1ed9t trong nh\u1eefng th\u1eddi \u0111i\u1ec3m r\u1ee7i ro \u0111\u1ec3 b\u1eaft \u0111\u1ea7u b\u00e1n kh\u1ed1ng l\u00e0 khi gi\u00e1 c\u1ed5 phi\u1ebfu \u0111ang \u0111\u1ea9y l\u00ean m\u1ee9c cao m\u1edbi. S\u1ef1 c\u00e1m d\u1ed7 v\u00e0 nh\u1eadn \u0111\u1ecbnh sai l\u1ea7m v\u1ec1 \u0111\u1ec9nh c\u1ee7a gi\u00e1 c\u1ed5 phi\u1ebfu c\u00f3 th\u1ec3 g\u00e2y ra nh\u1eefng thi\u1ec7t h\u1ea1i l\u1edbn. R\u1ea5t \u00edt ng\u01b0\u1eddi th\u00e0nh c\u00f4ng trong th\u1eddi \u0111i\u1ec3m th\u1ecb tr\u01b0\u1eddng c\u00f2n \u0111\u1ea7y \u0111\u1ee7 ni\u1ec1m tin c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0. N\u00f3i chung, b\u1ea1n n\u00ean d\u1eebng l\u1ed7 \u1edf c\u00e1c m\u1ed1c gi\u00e1 nh\u1ea5t \u0111\u1ecbnh \u0111\u1ec3 h\u1ea1n ch\u1ebf r\u1ee7i ro n\u1ebfu v\u1ecb th\u1ebf b\u00e1n kh\u1ed1ng ch\u1ed1ng l\u1ea1i b\u1ea1n. M\u1ed9t c\u00e1ch kh\u00e1c \u0111\u1ec3 ph\u00f2ng ng\u1eeba r\u1ee7i ro thua l\u1ed7 l\u00e0 mua ch\u1ee9ng kho\u00e1n ph\u00e1i sinh quy\u1ec1n ch\u1ecdn mua k\u1ebft h\u1ee3p v\u1edbi b\u00e1n kh\u1ed1ng. \u0110i\u1ec1u n\u00e0y cung c\u1ea5p m\u1ed9t s\u1ed1 bi\u1ec7n ph\u00e1p gi\u1ea3m thi\u1ec7t h\u1ea1i khi gi\u00e1 c\u1ed5 phi\u1ebfu t\u0103ng.<\/span><\/p>\n

4.3 Margin Call – l\u1ec7nh g\u1ecdi k\u00fd qu\u1ef9<\/b><\/span><\/h3>\n

N\u1ebfu m\u1ed9t c\u1ed5 phi\u1ebfu m\u00e0 b\u1ea1n \u0111ang vay c\u1ee7a nh\u00e0 m\u00f4i gi\u1edbi t\u0103ng \u0111\u1ee7 nhi\u1ec1u trong ng\u1eafn h\u1ea1n, b\u1ea1n c\u00f3 th\u1ec3 c\u00f3 nguy c\u01a1 \u0111\u1ed1i m\u1eb7t v\u1edbi Margin Call (l\u1ec7nh g\u1ecdi k\u00fd qu\u1ef9). \u0110i\u1ec1u n\u00e0y \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c b\u1ea1n ph\u1ea3i n\u1ea1p th\u00eam ti\u1ec1n m\u1eb7t v\u00e0o t\u00e0i kho\u1ea3n c\u1ee7a m\u00ecnh.<\/span><\/p>\n

N\u1ebfu b\u1ea1n kh\u00f4ng \u0111\u00e1p \u1ee9ng m\u1ed9t s\u1ed1 d\u01b0 ti\u1ec1n m\u1eb7t nh\u1ea5t \u0111\u1ecbnh trong t\u00e0i kho\u1ea3n c\u1ee7a m\u00ecnh th\u00ec nh\u00e0 m\u00f4i gi\u1edbi c\u1ee7a b\u1ea1n c\u00f3 quy\u1ec1n y\u00eau c\u1ea7u b\u1ea1n g\u1eedi th\u00eam ti\u1ec1n m\u1eb7t ho\u1eb7c thanh l\u00fd c\u1ed5 phi\u1ebfu c\u1ee7a b\u1ea1n.<\/span><\/p>\n

4.4 L\u00e3i su\u1ea5t Margin<\/b><\/span><\/h3>\n

Ti\u1ec1n l\u00e3i b\u1ea1n n\u1ee3 tr\u00ean m\u1ed9t \u0111\u01a1n v\u1ecb c\u1ed5 phi\u1ebfu b\u00e1n kh\u1ed1ng \u0111\u01b0\u1ee3c c\u1ed9ng d\u1ed3n theo th\u1eddi gian. Trong v\u00e0i ng\u00e0y ho\u1eb7c v\u00e0i tu\u1ea7n, n\u00f3 th\u01b0\u1eddng kh\u00f4ng c\u00f3 gi\u00e1 tr\u1ecb l\u1edbn. Tuy nhi\u00ean, n\u1ebfu b\u1ea1n gi\u1eef kho\u1ea3n vay c\u1ed5 phi\u1ebfu n\u00e0y trong nhi\u1ec1u th\u00e1ng ho\u1eb7c nhi\u1ec1u n\u0103m, chi ph\u00ed l\u00e3i vay t\u00edch l\u0169y kh\u00f4ng ph\u1ea3i con s\u1ed1 nh\u1ecf.<\/span><\/p>\n

4.5 R\u1ee7i ro ph\u00e1p l\u00fd v\u00e0 b\u00e1n non (short squeeze)<\/b><\/span><\/h3>\n

Trong th\u1eddi k\u1ef3 th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng cao, c\u00e1c c\u01a1 quan ch\u1ee9c n\u0103ng \u0111\u00f4i khi s\u1ebd \u00e1p \u0111\u1eb7t l\u1ec7nh c\u1ea5m b\u00e1n kh\u1ed1ng. H\u1ecd mu\u1ed1n c\u1ea5m vi\u1ec7c b\u00e1n kh\u1ed1ng \u0111\u1ec3 kh\u00f4i ph\u1ee5c l\u1ea1i ni\u1ec1m tin cho th\u1ecb tr\u01b0\u1eddng. Nh\u1eefng l\u1ec7nh c\u1ea5m quy \u0111\u1ecbnh n\u00e0y c\u00f3 th\u1ec3 khi\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu kh\u00f4ng b\u1ecb h\u1ea1 th\u1ea5p nhi\u1ec1u. T\u1ec7 h\u01a1n n\u1eefa \u0111\u1ed1i v\u1edbi ng\u01b0\u1eddi b\u00e1n kh\u1ed1ng, c\u1ed5 phi\u1ebfu c\u00f3 th\u1ec3 t\u0103ng trong th\u1eddi gian nh\u01b0 v\u1eady. \u0110i\u1ec1u n\u00e0y d\u1eabn \u0111\u1ebfn vi\u1ec7c b\u00e1n non. B\u00e1n non x\u1ea3y ra khi gi\u00e1 c\u1ed5 phi\u1ebfu t\u0103ng \u0111\u1ed9t bi\u1ebfn v\u00ec nh\u1eefng ng\u01b0\u1eddi b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu tranh gi\u00e0nh t\u1ea5t c\u1ea3 c\u00f9ng m\u1ed9t l\u00fac \u0111\u1ec3 tho\u00e1t kh\u1ecfi v\u1ecb th\u1ebf b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu c\u1ee7a h\u1ecd. Nh\u1eefng thi\u1ec7t h\u1ea1i c\u00f3 th\u1ec3 t\u0103ng l\u00ean nhanh ch\u00f3ng v\u00e0o nh\u1eefng th\u1eddi \u0111i\u1ec3m n\u00e0y.<\/span><\/p>\n

Hoclamgiau v\u1eeba chia s\u1ebb \u0111\u1ebfn b\u1ea1n l\u00e0m th\u1ebf n\u00e0o \u0111\u1ec3 b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu<\/strong>. H\u00e3y ti\u1ebfp t\u1ee5c theo d\u00f5i nh\u1eefng b\u00e0i vi\u1ebft m\u1edbi trong chuy\u00ean m\u1ee5c \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n<\/a>. B\u1ea1n \u0111\u00e3 bao gi\u1edd b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu tr\u01b0\u1edbc \u0111\u00e2y? Kinh nghi\u1ec7m c\u1ee7a b\u1ea1n l\u00e0 g\u00ec? H\u00e3y cho ch\u00fang t\u00f4i bi\u1ebft d\u01b0\u1edbi \u0111\u00e2y.<\/span><\/p>\n

\n

Theo d\u00f5i fanpage c\u1ee7a ch\u00fang t\u00f4i t\u1ea1i \u0111\u00e2y<\/a>.<\/span><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

B\u00e1n kh\u1ed1ng l\u00e0 m\u1ed9t c\u00e1ch \u0111\u1ec3 ph\u00f2ng ng\u1eeba r\u1ee7i ro thua l\u1ed7 v\u00e0 ki\u1ebfm l\u1eddi khi th\u1ecb tr\u01b0\u1eddng suy gi\u1ea3m. L\u00e0m th\u1ebf n\u00e0o th\u1ef1c hi\u1ec7n b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu? Nh\u1eefng ch\u00fa \u00fd quan tr\u1ecdng.<\/p>\n","protected":false},"author":155708580,"featured_media":3907,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[433939229],"tags":[],"_links":{"self":[{"href":"https:\/\/hoclamgiau.vn\/wp-json\/wp\/v2\/posts\/3905"}],"collection":[{"href":"https:\/\/hoclamgiau.vn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoclamgiau.vn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoclamgiau.vn\/wp-json\/wp\/v2\/users\/155708580"}],"replies":[{"embeddable":true,"href":"https:\/\/hoclamgiau.vn\/wp-json\/wp\/v2\/comments?post=3905"}],"version-history":[{"count":0,"href":"https:\/\/hoclamgiau.vn\/wp-json\/wp\/v2\/posts\/3905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hoclamgiau.vn\/wp-json\/wp\/v2\/media\/3907"}],"wp:attachment":[{"href":"https:\/\/hoclamgiau.vn\/wp-json\/wp\/v2\/media?parent=3905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoclamgiau.vn\/wp-json\/wp\/v2\/categories?post=3905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoclamgiau.vn\/wp-json\/wp\/v2\/tags?post=3905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}