{"id":1273,"date":"2019-04-17T06:57:18","date_gmt":"2019-04-16T22:57:18","guid":{"rendered":"http:\/\/yutingvpn.tw\/wordpress\/?p=1273"},"modified":"2021-06-30T14:59:38","modified_gmt":"2021-06-30T06:59:38","slug":"2-level-portfolio-management","status":"publish","type":"post","link":"https:\/\/quantbrains.club\/wordpress\/2019\/04\/17\/2-level-portfolio-management\/","title":{"rendered":"[\u8cc7\u91d1\u7ba1\u7406][\u7b56\u7565\u7ba1\u7406]2-level Portfolio Management"},"content":{"rendered":"

2-level Portfolio Management<\/h1>\n\n\n\n
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(\u8a3b: Xeus\u70ba\u5728\u53f0\u7063\u5730\u5340\u7684\u5e73\u53f0\u4ee3\u865f\uff0cDaVinci\u70ba\u5728\u5927\u9678\u5730\u5340\u4f7f\u7528\u7684\u5e73\u53f0\u4ee3\u865f)<\/p>\n\n\n\n

\u8981\u958b\u59cb\u8a0e\u8ad62-level Portfolio Management\u524d\uff0c\u5148\u4f86\u770b\u4e00\u5f35\u67b6\u69cb\u5716\uff0c\u9019\u5f35\u5716\u7c21\u55ae\u5730\u63cf\u7e6a\u4e86Xeus\uff08DaVinci\uff09\u5728\u53c3\u8003\u4e86\u6a5f\u5668\u5b78\u7fd2\u67b6\u69cb\u7684\u6982\u5ff5\u4ee5\u5f8c\u800c\u958b\u767c\u7684\u539f\u59cb\u57fa\u672c\u8a2d\u8a08\u6846\u67b6\u3002\u4e00\u76f4\u4ee5\u4f86\u6211\u5011\u5728\u7c89\u7d72\u5c08\u9801\u4e0a\u7684\u8a0e\u8ad6\uff0c\u5927\u81f4\u4e0a\u90fd\u628a\u91cd\u5fc3\u653e\u5728\uff02\u7b56\u7565\uff08\u6216\u80a1\u7968\/\u5546\u54c1\uff09\u8a55\u50f9\uff02\u3001\uff02\u7b56\u7565\uff08\u6216\u80a1\u7968\/\u5546\u54c1\uff09\u7ba1\u7406\uff02\u4e0a\u9762\uff0c\u4f46\u5176\u5be6\u9019\u500b\u90e8\u5206\uff08\u512a\u52e2\u7be9\u9078<\/strong>\/\u54c1\u8cea\u63a7\u5236<\/strong>\uff09\u50c5\u50c5\u53ea\u662fXeus\uff08DaVinci\uff09\u7684\u524d\u534a\uff08Level 1\uff09\u90e8\u5206\u529f\u80fd\u3002<\/p>\n\n\n\n

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\u800cLevel 2\u7684\u7ba1\u7406\u5c0d\u8c61\u5247\u662f\u7531Level 1\u968e\u6bb5\u9032\u884c\u7b56\u7565\uff08\u6216\u80a1\u7968\uff09\u7ba1\u7406\u5f8c\u6240\u7522\u751f\u7684\u7e3d\u548c\u7d50\u679c<\/strong>\uff08\u53c3\u4e0a\u5716\u4e2d\u7684\uff02\u865b\u64ec\u6a21\u578b\u8f38\u51fa\uff02\uff09\uff0c\u4e5f\u5c31\u662fLevel1\u7684\u7e3d\u548c\u6a21\u64ec\u8cc7\u91d1\u66f2\u7dda\u3002\u63db\u53e5\u8a71\u8aaaLevel 1\u8ca0\u8cac\u7684\u662f\u6bcf\u500b\u5c0f\u6a21\u7d44\u5c0f\u87ba\u7d72\u91d8\u7684\u5c40\u90e8\u54c1\u8cea\uff0c\u7b56\u7565\uff08\u6216\u80a1\u7968\uff09\u9593\u5f7c\u6b64\u4e26\u4e0d\u77e5\u9053\u5f7c\u6b64\u7684\u5b58\u5728\uff0c\u4ea6\u4e0d\u6e05\u695a\u5f7c\u6b64\u7684\u4ea4\u4e92\u4f5c\u7528\uff08\u4e0d\u8ad6\u662f\u98a8\u96aa\u7684\u91cd\u758a\u9084\u662f\u5229\u76ca\u7684\u7cfe\u845b\uff09\uff0c\u800cLevel 2\u5247\u662f\u7ad9\u5728\u4e00\u500b\u5168\u57df\u7684\u8996\u89d2\uff08Global perspective\uff09\uff0c\u4f86\u9032\u884c\u7e3d\u9ad4\u98a8\u96aa\u7684\u6aa2\u8996\u6216\u8cc7\u91d1\u767c\u5c55\u7684\u898f\u5283\u3002\u540c\u6642\u5177\u5099Level 1\u8207Level 2\u7684\u67b6\u69cb\u624d\u662f\u4e00\u500b\u5b8c\u6574\u7684\u8cc7\u91d1\u7ba1\u7406\u5e73\u53f0\uff08\u5176\u5be6\u6211\u66f4\u559c\u6b61\u4f7f\u7528\u201d\u904b\u7c4c\u5e73\u53f0\u201d\u9019\u6a23\u7684\u8aaa\u6cd5\uff09<\/p>\n\n\n\n

\u900f\u904eXeus\uff08DaVinci\uff09\u7279\u6709\u7684\u5c08\u6848\u7e3e\u6548\u4f3a\u670d\u5668<\/strong>\uff08\u53c3\u8003\u624b\u518aEquity\nServer\u6309\u9215\uff09\u529f\u80fd\uff0c\u6211\u5011\u53ef\u4ee5\u5f88\u7c21\u55ae\u5c07Level1\u7684\u865b\u64ec\u6a21\u578b\u904b\u4f5c\u7d50\u679c\u8f38\u51fa\u5230multicharts\u6216excel\u7b49\u7b2c\u4e09\u65b9\u53ef\u7a0b\u5f0f\u5316\u904b\u7b97\u5e73\u53f0\u9032\u884c\u7e3d\u9ad4\u98a8\u96aa\u63a7\u5236(\u5982\u5e33\u6236\u6ce2\u52d5\u7387\u63a7\u5236)\u6216\u662f\u8cc7\u91d1\u898f\u5283\uff08\u5982reinvestment\u6f14\u7b97\u6cd5\uff09\u6f14\u7b97\u6cd5\u7684\u8a2d\u8a08\u8207\u904b\u7b97\uff0c\u518d\u5c07\u76ee\u524d\u6700\u9069\u5b9c\u7684\u69d3\u687f\u8207\u53ef\u7528\u8cc7\u91d1\u904b\u7b97\u7d50\u679c\u56de\u6388\u81f3Xeus\uff08DaVinci\uff09\u9032\u884c\u4e0b\u55ae\u8f38\u51fa\u3002<\/p>\n\n\n\n

Xeus\uff08DaVinci\uff09\u529f\u80fd\u4ecb\u7d39\u63d2\u64ad\uff1a\u5c08\u6848\u7e3e\u6548\u4f3a\u670d\u5668\uff08<\/strong>Equity Server<\/strong>\uff09<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u900f\u904eEquity Server<\/strong>\u6309\u9215\uff0c\u53ef\u958b\u555f\u5c08\u6848\u5e33\u6236\u91d1\u984d\u5831\u50f9\u529f\u80fd\uff0c\u5c07\u5e33\u6236\u7684equity\u8cc7\u8a0a\u7d00\u9304\u81f3multicharts\u7684\u81ea\u8a02\u5546\u54c1\uff0c\u9032\u884c\u5716\u8868\u5206\u6790\u8207\u6f14\u7b97\u6cd5\u8a2d\u8a08\uff08\u5982\u540c\u5beb\u7b56\u7565\u4e00\u822c\uff0c\u4f7f\u7528\u5927\u5bb6\u6700\u719f\u6089\u7684PowerLanguage\uff09\u3002\u900f\u904e\u9019\u500b\u529f\u80fd\u6211\u5011\u53ef\u4ee5\u9032\u884c\u5c08\u6848\u5e33\u6236\u7684\u6a21\u578b\u7e3e\u6548\u5206\u6790\u8207\u7d00\u9304\uff0c\u4f8b\u5982\u6709\u9032\u884c\u591a\u5143\u5316\u5546\u54c1\u5206\u985e\u898f\u5283\uff08\u5982\u5716\u4e0a\u7684\u9664\u7d9c\u5408\u4ee5\u5916\u7684\u500b\u5225\u5c08\u6848\u6307\u6578\u985e<\/strong>\/\u8ca8\u5e63\u985e<\/strong>\/\u8fb2\u7522\u54c1<\/strong>\u7b49\u7b49\uff09\u7684\u7d44\u5408\uff0c\u6211\u5011\u4e0d\u53ea\u53ef\u4ee5\u8f38\u51fa\u7d9c\u5408\u7684\u7e3d\u9ad4\u5e33\u6236\uff0c\u4ea6\u53ef\u4ee5\u4ee5\u5404\u5c08\u6848\u5206\u985e\u5206\u7d44\u7684\u65b9\u5f0f\u500b\u5225\u7684\u9032\u884c\u7e3e\u6548\u7d00\u9304\uff0c\u4ee5\u660e\u77ad\u5404\u7a2e\u5206\u985e\u5206\u7d44\u7684\u904b\u4f5c\u7d50\u679c\u8207\u5206\u6790\u3002<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

\u5728\u6211\u5011\u628a\u7d9c\u5408\u5c08\u6848\u7684Equity\u5831\u50f9\u81f3multicharts\u81ea\u8a02\u5546\u54c1\u88fd\u6210\u5716\u8868\u5f8c\uff0c\u6211\u5011\u4fbf\u53ef\u4ee5\u5728\u6b64\u5716\u8868\u4e0a\u7de8\u5beb\u5404\u7a2e Level2 \u7e3d\u9ad4\u5e33\u6236\u98a8\u96aa\u63a7\u5236\u6f14\u7b97\u6cd5\u6216\u662f\u8cc7\u91d1\u898f\u5283\u6f14\u7b97<\/strong>(\u5982\u4e00\u4e9b\u7279\u6b8a\u7684reinvestment\u8a2d\u8a08)<\/p>\n\n\n\n

\u4f8b\u5982\u4e00\u4e9b\u4f60\u6709\u807d\u904e\u4f46\u537b\u4e0d\u77e5\u9053\u600e\u9ebc\u5728\u73fe\u6709\u5e73\u53f0\u5be6\u4f5c\u7684\u6f14\u7b97\u6cd5\uff08\u5176\u5be6\u6bd4\u5beb\u7b56\u7565\u7c21\u55ae\u591a\u4e86\uff0c\u4f46\u9996\u5148\u4f60\u7684\u5e73\u53f0\u5fc5\u9808\u6709Equity Server\u529f\u80fd\uff0c\u4ee5\u4fbf\u5efa\u7acb\u7e3d\u9ad4\u865b\u64ec\u6a21\u578b\uff09<\/p>\n\n\n

    \n
  1. <平均DD%再投資法> 有獲利先不再投入，但計算總體帳戶的平均DD%或DD%標準差，當總體帳戶遇到該DD%的時候，才將獲利池中的獲利取出再投入資金基底。<\/strong><\/li>\n
  2. <海龜風控法> 這應該是海龜發明人Richard Dennis管理底下的操盤手的作法，如果旗下操盤手（虛擬帳戶）每 DD%達到 10% (N%)，便縮小總體真實可用資金權限 20% (2N%)，類推。依據收復的DD%逐步恢復權限。 <\/strong><\/li>\n
  3. <熔斷法> 海龜風控法的陽春版，直接設定虛擬帳戶DD%達到N%時進行帳戶熔斷，設定buffer%，當虛擬帳戶DD%回到N-buffer%的時候重啟帳戶。<\/strong><\/li>\n
  4. <均線或布林通道法> 對虛擬參考帳戶畫均線或布林通道，通道或均線之下關閉帳戶(總體槓桿下降或歸零)，通道或均線之上重啟帳戶(總體槓桿上升或恢復)。概念直覺簡單，當你的虛擬參考帳戶持續吃DD(均線之下)的時候，實際輸出槓桿減半或為0，你就知道這個方法威力有多大了。 <\/strong><\/li>\n
  5. <回歸線+波動率通道> 同上<\/strong><\/li>\n
  6. 自動槓桿風控演算法(參考討論區裡的自動槓桿控制範例)<\/strong><\/li>\n
  7. 動態輪動資金或分配權重至不同的分類分組（指數類\/貨幣類\/農產\/非農\/利率等）<\/strong><\/li>\n
  8. 當日最大虧損達到２％即暫停交易<\/strong><\/li>\n
  9. 單日最大虧損達到５％即暫停交易３日<\/strong><\/li>\n
  10. 定期定額投資法<\/strong><\/li>\n<\/ol>\n\n\n\n

    \u5982\u679c\u4f60\u6709\u770b\u904e\u300a\u6295\u6a5f\u8005\u7684\u64b2\u514b<\/em>:\u64cd\u76e418\u5e74\u624b\u8a18\u300b\uff08\u597d\u66f8\uff0c\u5927\u63a8\uff09\uff0c\u66f8\u4e2d\u6240\u63d0\u5230\u7684\u4e00\u500b\u7368\u7acb\u7684\uff02\u98a8\u96aa\u7ba1\u7406\u90e8\u9580\uff02\uff0c\u5728\u8b1b\u7684\u5176\u5be6\u5c31\u662f\u9019Level 2\u3002<\/p>\n\n\n\n

    \u6700\u8fd1\u770b\uff02\u6f84\u660e\u4e4b\u5883\uff02\u4e5f\u770b\u5230\u4e86\u9019\u6bb5\u6587\u5b57<\/p>\n\n\n\n

    \"\"<\/figure>\n\n\n\n
    \"\"<\/figure>\n\n\n\n

    \u4e0a\u6587\u4e2d\u6240\u8aaa\u7684\u4ea4\u6613\u54e1\uff0c\u5176\u5be6\u5c31\u662fLevel 1\uff0c\u800c\u4f5c\u8005\u6240\u8acb\u52a9\u624b\u505a\u7684\u4e8b\u60c5\u5c31\u662fLevel 2\uff0c\u96d6\u7136\u53ea\u662f\u4e00\u500b\u7c21\u55ae\u7684\u66ab\u505c\u4e00\u5929\uff0c\u5169\u5929\uff0c\u4e09\u5929\u7684\u6f14\u7b97\u6cd5\u4e5f\u53ef\u4ee5\u53e6\u6574\u9ad4\u6b0a\u76ca\u5f97\u5230\u986f\u8457\u7684\u6539\u5584\u3002<\/p>\n\n\n\n

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    \"\"<\/figure>\n\n\n\n

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    \nhttp:\/\/yutingvpn.tw\/wordpress\/purchase\/\n<\/div><\/figure>\n\n\n\n

    \u7c89\u7d72\u5c08\u9801\uff1a
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