{"id":585194,"date":"2022-05-12T18:08:17","date_gmt":"2022-05-12T15:08:17","guid":{"rendered":"https:\/\/www.etoro.com\/trading\/short-selling\/"},"modified":"2026-03-31T09:58:52","modified_gmt":"2026-03-31T06:58:52","slug":"short-selling","status":"publish","type":"page","link":"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/","title":{"rendered":"\u505a\u7a7a\u53ca\u5176\u8fd0\u4f5c\u6a21\u5f0f"},"content":{"rendered":"\n<p class=\"is-style-summary\">\u8ce3\u7a7a\uff08Short Selling\uff09\u4f7f\u4ea4\u6613\u8005\u80fd\u5920\u5728\u8cc7\u7522\u50f9\u683c\u4e0b\u8dcc\uff0c\u800c\u975e\u4e0a\u6f32\u6642\u7372\u5229\u4e86\u7d50\u3002\u5b83\u4e5f\u53ef\u7528\u65bc\u6f2b\u9577\u7684\u6295\u8cc7\u7d44\u5408\u4e2d\u4ee5\u5c0d\u6c96\u98a8\u96aa\u3002\u672c\u6307\u5357\u5c07\u5411\u60a8\u8a73\u7d30\u89e3\u8aaa\u8ce3\u7a7a\u7684\u4f5c\u539f\u7406\uff0c\u4ee5\u53ca\u5982\u4f55\u5c07\u5176\u61c9\u7528\u65bc\u4ea4\u6613\u7b56\u7565\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator wp-block-separator-color-dark-grey wp-block-separator-spaces-medium wp-block-separator-weight-1\"\/>\n\n\n\n<p>\u8ce3\u7a7a\u63d0\u4f9b\u4e86\u53e6\u4e00\u7a2e\u4e0d\u540c\u65bc\u50b3\u7d71\u6295\u8cc7\u7684\u65b9\u5f0f\uff0c\u5b83\u53ef\u7528\u65bc\u770b\u8dcc\u7684\u5e02\u5834\uff0c\u4e5f\u5728\u4e00\u5b9a\u7a0b\u5ea6\u4e0a\u53cd\u8f49\u4e86<a href=\"https:\/\/www.etoro.com\/zh\/trading\/pairs-trading\/\">\u5e02\u5834\u4e2d\u6027\u7b56\u7565<\/a>\u3002<\/p>\n\n\n\n<p>\u8ce3\u7a7a\u5b58\u5728\u91cd\u5927\u98a8\u96aa\uff0c\u6295\u8cc7\u8005\u9700\u8981\u5b78\u6703\u5982\u4f55\u958b\u7acb\u548c\u7ba1\u7406\u7a7a\u982d\u982d\u5bf8\u3002\u672c\u6587\u5c07\u901a\u904e<strong>\u6df1\u5165\u7684\u6848\u4f8b\u7814\u7a76\u548c\u6b65\u9a5f\u6307\u5357\uff0c\u6982\u8ff0\u8ce3\u7a7a\u7684\u6982\u6cc1\u53ca\u5176\u904b\u4f5c<\/strong>\u6a21\u5f0f\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u8ce3\u7a7a\u610f\u7fa9\u7740\u4ec0\u9ebc\uff1f<\/h2>\n\n\n\n<p>\u7c21\u55ae\u4f86\u8aaa\uff0c\u8ce3\u7a7a\u662f\u6307<strong>\u51fa\u552e\u67d0\u4e9b\u60a8\u8a8d\u70ba\u50f9\u503c\u6703\u4e0b\u8dcc\u7684\u8cc7\u7522<\/strong>\uff0c\u4e26\u6253\u7b97\u5728\u5c07\u4f86\u4ee5\u66f4\u4f4e\u7684\u50f9\u683c\u8cb7\u56de\u8a72\u8cc7\u7522\u3002<\/p>\n\n\n\n<p><mark>\u8ce3\u7a7a\u4ea4\u6613\u7684\u76ee\u6a19\u53d6\u6c7a\u65bc\u5165\u5834\u50f9\u683c\u8207\u96e2\u5834\u50f9\u683c\u4e4b\u9593\u7684\u5dee\u984d\u3002\u5982\u679c\u60a8\u8ce3\u7a7a\u67d0\u96bb\u80a1\u7968\u5f8c\uff0c\u5176\u50f9\u503c\u53cd\u800c\u4e0a\u6f32\uff0c\u90a3\u9ebc\u60a8\u5c07\u9762\u81e8\u8667\u640d\uff1b\u53cd\u4e4b\uff0c\u5982\u679c\u50f9\u683c\u4e0b\u8dcc\uff0c\u60a8\u5c07\u7372\u5f97\u5229\u6f64\u3002<\/mark><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u6848\u4f8b\u7814\u7a76\uff1a\u8ce3\u7a7a\u77fd\u8c37\u9280\u884c<\/h3>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li>2022 \u5e74 1 \u6708\uff0c\u77fd\u8c37\u9280\u884c\u80a1\u50f9\u7d04\u70ba\u6bcf\u80a1 <strong>447 \u7f8e\u5143<\/strong>\u3002<\/li>\n\n\n\n<li>\u4e4b\u5f8c\uff0c\u53d7\u7d93\u6fdf\u6ce2\u52d5\uff08\u5982\u9810\u671f\u52a0\u606f\u7b49\uff09\u5f71\u97ff\uff0c\u8a72\u516c\u53f8\u80a1\u50f9\u4e0b\u8dcc\u3002<\/li>\n\n\n\n<li>\u5230 2023 \u5e74 3 \u6708\uff0c\u8a72\u9280\u884c\u5012\u9589\uff0c\u5176\u80a1\u7968\u9060\u4f4e\u65bc\u4e00\u5e74\u524d\u3002<\/li>\n<\/ul>\n\n\n\n<p>\u5982\u679c\u60a8\u5728 2022 \u5e74 1 \u6708\u8ce3\u7a7a\u4e86 SVB \u80a1\u7968\uff0c\u60a8\u5c07\u5f9e\u96a8\u5f8c\u7684\u50f9\u683c\u4e0b\u8dcc\u4e2d\u7372\u5229\u5de8\u984d\u5229\u6f64\u3002\u76f8\u53cd\uff0c<strong>\u5982\u679c\u5176\u50f9\u683c\u4e0a\u6f32\uff0c\u8ce3\u7a7a\u7b56\u7565\u5247\u6703\u4f7f\u60a8\u906d\u53d7\u8667\u640d<\/strong>\u3002\u8ce3\u7a7a\u7b56\u7565\u7684\u6838\u5fc3\u5728\u65bc\u6e96\u78ba\u9810\u6e2c\u5e02\u5834\u8d70\u5411\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/04\/Body-Image-1-756-x-400-1-1.png\" alt=\"\" class=\"wp-image-585346 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/04\/Body-Image-1-756-x-400-1-1.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/04\/Body-Image-1-756-x-400-1-1-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">\u8ce3\u7a7a\u5982\u4f55\u904b\u4f5c\uff1f<\/h2>\n\n\n\n<p>\u5728\u4ea4\u6613\u6a5f\u5236\u65b9\u9762\uff0c\u8ce3\u7a7a\u7684\u64cd\u4f5c\u65b9\u5f0f\u662f\uff1a\u9032\u5165\u60a8\u9078\u64c7\u7684\u8cc7\u7522\u9801\u9762\uff0c\u7136\u5f8c\u5728\u5e02\u5834\u9ede\u64ca\u201c \u8ce3\u51fa \u201d\u6309\u9215\u3002<\/p>\n\n\n\n<p>\u8ce3\u7a7a\u5f80\u5f80\u6703\u4f7f\u7528<strong>\u5dee\u50f9\u5408\u7d04 (CFDs)<\/strong> \u3002\u5dee\u50f9\u5408\u7d04\u53ef\u8b93\u60a8\u51fa\u552e\u5c1a\u672a\u6301\u6709\u7684\u8cc7\u7522\uff0c\u56e0\u70ba\u8a72\u201c\u5408\u7d04\u201d\u662f\u8207\u7d93\u7d00\u5546\u7c3d\u8a02\u7684\u3002<\/p>\n\n\n\n<p><mark>\u5927\u591a\u6578\u7d93\u7d00\u5e73\u53f0\u90fd\u6703\u63d0\u4f9b\u5e02\u5834\u4e2d\u501f\u5165\u548c\u51fa\u552e\u8cc7\u7522\u6240\u9700\u7684\u6240\u6709\u6b0a\u8b49\u548c\u884c\u653f\u6d41\u7a0b\uff0c\u4f46\u9700\u8981\u6ce8\u610f\uff0c\u6301\u5009\u904e\u591c\u7684\u7a7a\u982d\u982d\u5bf8\u53ef\u80fd\u6703\u7522\u751f\u984d\u5916\u7684\u8cbb\u7528\u3002<\/mark><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u5982\u4f55\u958b\u7acb\u7a7a\u982d\u982d\u5bf8<\/h3>\n\n\n\n<p>\u6309\u4e0b\u8ff0\u6b65\u9a5f\u53ef\u958b\u555f\u7a7a\u982d\u982d\u5bf8\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>\u67e5\u627e\u8cc7\u7522<\/strong> \u2014\u2014 \u641c\u7d22\u60a8\u60f3\u8981\u8ce3\u7a7a\u7684\u80a1\u7968\u3001\u8ca8\u5e63\u3001ETF\u3001\u6307\u6578\u6216\u5927\u5b97\u5546\u54c1\u3002<\/li>\n\n\n\n<li><strong>\u9ede\u64ca\u201c\u4ea4\u6613\u201d<\/strong> \u2014\u2014 \u6253\u958b\u6240\u6709\u9078\u8cc7\u7522\u7684\u4ea4\u6613\u55ae\u3002<\/li>\n\n\n\n<li><strong>\u9078\u64c7\u201c\u8ce3\u7a7a\u201d<\/strong> \u2014\u2014 \u9078\u64c7\u201c\u8ce3\u7a7a\u201d\u4ee5\u958b\u555f\u7a7a\u982d\u982d\u5bf8\u3002<\/li>\n\n\n\n<li><strong>\u8a2d\u7f6e\u982d\u5bf8<\/strong> \u2014\u2014 \u8f38\u5165\u60a8\u60f3\u8981\u6295\u8cc7\u7684\u91d1\u984d\uff08\u8acb\u8a18\u4f4f\u9019\u662f\u4e00\u500b<a href=\"https:\/\/www.etoro.com\/zh\/trading\/cfd\/what-is-cfd\/\">\u5dee\u50f9\u5408\u7d04<\/a>\u982d\u5bf8\uff09\u3002<\/li>\n\n\n\n<li><strong>\u4e0b\u55ae<\/strong> \u2014\u2014 \u9ede\u64ca\u201c\u8ce3\u7a7a\u201d\u57f7\u884c\u60a8\u7684\u7a7a\u982d\u5b9a\u55ae\u3002<\/li>\n<\/ul>\n\n\n\n<p><strong>\u5728\u8ce3\u7a7a\u4e0b\u55ae\u524d\uff0c\u8acb\u6aa2\u67e5\uff1a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li>\u8a72\u8cc7\u7522\u662f\u5426\u652f\u6301\u8ce3\u7a7a\uff08\u67d0\u4e9b\u8cc7\u7522\u53ef\u80fd\u6709\u9650\u5236\uff09\u3002<\/li>\n\n\n\n<li>\u60a8\u5e33\u6236\u7684\u4fdd\u8b49\u91d1\u8981\u6c42\u3002<\/li>\n\n\n\n<li>\u5730\u5340\u6216\u76e3\u7ba1\u5340\u57df\u7684\u9650\u5236\u3002<\/li>\n\n\n\n<li>\u9810\u8a08\u7684\u904e\u591c\u8cbb<\/li>\n\n\n\n<li>\u662f\u5426\u9700\u8981\u8a2d\u7f6e<a href=\"https:\/\/www.etoro.com\/zh\/trading\/how-to-set-stop-loss-and-take-profit-targets\/\">\u6b62\u640d<\/a>\u548c\u6b62\u76c8\u5b9a\u55ae\u3002<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/04\/Body-Image-2-756-x-400-1-1.png\" alt=\"\" class=\"wp-image-585367 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/04\/Body-Image-2-756-x-400-1-1.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/04\/Body-Image-2-756-x-400-1-1-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">\u8ce3\u7a7a\u6210\u672c<\/h2>\n\n\n\n<p>\u4e86\u89e3\u8ce3\u7a7a\u7684\u76f8\u95dc\u6210\u672c\u5c0d\u65bc<strong>\u8a08\u7b97\u56de\u5831<\/strong>\u81f3\u95dc\u91cd\u8981\u3002\u4ee5\u4e0b\u662f\u4e0d\u540c\u985e\u578b\u91d1\u878d\u5de5\u5177\u901a\u5e38\u6d89\u53ca\u7684\u76f8\u95dc\u8cbb\u7528\u7684\u6982\u8ff0\u3002<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"wp-block-table-content\"><div class=\"wp-block-table-content-nav wp-block-table-content-nav-left\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-left\"><\/div><\/div><div class=\"wp-block-table-content-nav wp-block-table-content-nav-right\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-right\"><\/div><\/div><div class=\"wp-block-table-content-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>\u6295\u8cc7\u5de5\u5177<\/strong><\/th><th><strong>\u8cbb\u7528\u69cb\u6210<\/strong><\/th><th><strong>\u6536\u53d6\u6642\u9593<\/strong><\/th><th><strong>\u5728\u4ea4\u6613\u55ae\u7684\u9ad4\u73fe<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>\u80a1\u7968 (CFD)<\/strong><\/td><td>\u9ede\u5dee \uff08\u5982\u679c\u80a1\u7968\u70ba\u201c\u6613\u501f\u201d\u80a1\u7968\uff0c\u5247\u7121\u904e\u591c\u8cbb\uff09\u3002\u9ede\u5dee + \u904e\u591c\u8cbb\uff08\u5982\u679c\u80a1\u7968\u70ba\u201c\u96e3\u501f\u201d\u80a1\u7968\uff0c\u501f\u5165\u8cbb\u7387&gt; 10%\uff09\u3002<\/td><td>\u9ede\u5dee\u5728\u5165\u5834\/\u96e2\u5834\u6642\u6536\u53d6\u3002\u904e\u591c\u8cbb\uff08\u5982\u6709\uff09\uff1a\u6bcf\u665a9\u9ede\u6536\u53d6\u3002\u591a\u6578\u96e3\u501f\u80a1\u7968\u6703\u5728\u9031\u4e94\u6536\u53d6\u9031\u672b\u904e\u591c\u8cbb\uff0c\u53733\u5929\u7684\u904e\u591c\u8cbb\u3002<\/td><td>\u201c\u4ea4\u6613\u754c\u9762\u7684\u201c\u9810\u8a08\u958b\u5009\u6210\u672c\u201d\u8a73\u7d30\u5c55\u793a\u4e86\u9ede\u5dee\u76f8\u95dc\u8cbb\u7528\u3002<\/td><\/tr><tr><td><strong>ETF (CFD)<\/strong><\/td><td>\u9ede\u5dee + \u904e\u591c\u8cbb\u3002<\/td><td>\u9ede\u5dee\u5728\u5165\u5834\/\u96e2\u5834\u6642\u6536\u53d6\u3002\u904e\u591c\u8cbb\uff08\u5982\u6709\uff09\uff1a\u6bcf\u665a9\u9ede\u6536\u53d6\u3002\u591a\u6578ETF\u6703\u5728\u9031\u4e94\u6536\u53d6\u9031\u672b\u904e\u591c\u8cbb\uff0c\u53733\u5929\u7684\u904e\u591c\u8cbb\u3002<\/td><td>\u201c\u4ea4\u6613\u754c\u9762\u7684\u201c\u9810\u8a08\u958b\u5009\u6210\u672c\u201d\u8a73\u7d30\u5c55\u793a\u4e86\u9ede\u5dee\u76f8\u95dc\u8cbb\u7528\uff0c\u4f46\u672a\u5305\u542b\u73fe\u6709\u904e\u591c\u8cbb\u3002<\/td><\/tr><tr><td><strong>\u6307\u6578 (CFD)<\/strong><\/td><td>\u9ede\u5dee + \u904e\u591c\u8cbb\u3002<\/td><td>\u9ede\u5dee\u5728\u5165\u5834\/\u96e2\u5834\u6642\u6536\u53d6\u3002\u904e\u591c\u8cbb\uff08\u5982\u6709\uff09\uff1a\u6bcf\u665a9\u9ede\u6536\u53d6\u3002\u591a\u6578\u6307\u6578\u6703\u5728\u9031\u4e94\u6536\u53d6\u9031\u672b\u904e\u591c\u8cbb\uff0c\u53733\u5929\u7684\u904e\u591c\u8cbb\u3002<\/td><td>\u4ea4\u6613\u754c\u9762\u7684\u201c\u9810\u8a08\u958b\u5009\u6210\u672c\u201d\u8a73\u7d30\u5c55\u793a\u4e86\u9ede\u5dee\u76f8\u95dc\u8cbb\u7528\u3002\u201c\u9810\u8a08\u958b\u5009\u6210\u672c\u201d\u540c\u6642\u4e5f\u6703\u8a73\u7d30\u5c55\u793a\u904e\u591c\u8cbb\u8a73\u60c5\u3002<\/td><\/tr><tr><td><strong>\u5927\u5b97\u5546\u54c1 (CFD)<\/strong><\/td><td>\u9ede\u5dee + \u904e\u591c\u8cbb\u3002<\/td><td>\u9ede\u5dee\u5728\u5165\u5834\/\u96e2\u5834\u6642\u6536\u53d6\u3002\u904e\u591c\u8cbb\uff08\u5982\u6709\uff09\uff1a\u6bcf\u665a9\u9ede\u6536\u53d6\u3002\u591a\u6578\u5927\u5b97\u5546\u54c1\u6703\u5728\u9031\u4e09\u6536\u53d6\u4e09\u5929\u7684\u9031\u672b\u904e\u591c\u8cbb\u3002\u77f3\u6cb9\u548c\u5929\u7136\u6c23\u7684\u9031\u672b\u904e\u591c\u8cbb\u5728\u9031\u4e94\u6536\u53d6\u3002<\/td><td>\u4ea4\u6613\u754c\u9762\u7684\u201c\u9810\u8a08\u958b\u5009\u6210\u672c\u201d\u8a73\u7d30\u5c55\u793a\u4e86\u9ede\u5dee\u76f8\u95dc\u8cbb\u7528\u3002\u201c\u9810\u8a08\u958b\u5009\u6210\u672c\u201d\u540c\u6642\u4e5f\u6703\u8a73\u7d30\u5c55\u793a\u67d0\u4e9b\uff08\u4e26\u975e\u5168\u90e8\uff09\u5927\u5b97\u5546\u54c1\u7684\u904e\u591c\u8cbb\u8a73\u60c5\u3002<\/td><\/tr><tr><td><strong>\u8ca8\u5e63 (CFD)<\/strong><\/td><td>\u9ede\u5dee + \u904e\u591c\u8cbb\u3002<\/td><td>\u9ede\u5dee\u5728\u5165\u5834\/\u96e2\u5834\u6642\u6536\u53d6\u3002\u904e\u591c\u8cbb\uff08\u5982\u6709\uff09\uff1a\u6bcf\u665a9\u9ede\u6536\u53d6\u3002\u591a\u6578\u8ca8\u5e63\u6703\u5728\u9031\u4e09\u7684\u665a\u4e0a9\u9ede\u6536\u53d6\u4e09\u5929\u7684\u9031\u672b\u904e\u591c\u8cbb\u3002<\/td><td>\u4ea4\u6613\u754c\u9762\u7684\u201c\u9810\u8a08\u958b\u5009\u6210\u672c\u201d\u8a73\u7d30\u5c55\u793a\u4e86\u9ede\u5dee\u76f8\u95dc\u8cbb\u7528\u3002\u201c\u9810\u8a08\u958b\u5009\u6210\u672c\u201d\u540c\u6642\u4e5f\u6703\u8a73\u7d30\u5c55\u793a\u904e\u591c\u8cbb\u8a73\u60c5\u3002<\/td><\/tr><\/tbody><\/table><\/div><\/div><\/figure>\n\n\n\n<p class=\"is-style-disclaimer\">\u4ee5\u4e0a\u63cf\u8ff0\u7d93\u904e\u7c21\u5316\uff0c\u50c5\u7528\u65bc\u8aaa\u660e\u76ee\u7684\u3002\u904e\u591c\u8cbb\u6703\u6839\u64da\u5168\u7403\u5e02\u5834\u60c5\u6cc1\u96a8\u6642\u8b8a\u5316\u3002\u8cbb\u7528\u53ef\u80fd\u6703\u5728\u4e0d\u9810\u5148\u901a\u77e5\u7684\u60c5\u6cc1\u4e0b\u767c\u751f\u8b8a\u52d5\uff0c\u4e26\u6700\u7d42\u9069\u7528\u65bc\u8a72\u5e73\u53f0\u5009\u4f4d\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u70ba\u4ec0\u9ebc\u6709\u4e9b\u80a1\u7968\u201c\u96e3\u4ee5\u501f\u5165\u201d\uff1f<\/h3>\n\n\n\n<p>\u80a1\u7968\u501f\u8cb8\u5e02\u5834\u8207\u5e38\u898f\u5e02\u5834\u5f71\u97ff\u3002\u5982\u679c\u8ce3\u7a7a\u6d41\u52d5\u589e\u52a0\uff0c\u501f\u5165\u67d0\u4e9b\u80a1\u7968\u53ef\u80fd\u6703\u8b8a\u5f97\u66f4\u52a0\u56f0\u96e3\uff0c<strong>\u8cb8\u65b9\u53ef\u80fd\u6703\u6536\u53d6\u66f4\u9ad8\u7684\u8cbb\u7528<\/strong>\u3002\u9019\u5c31\u662f\u70ba\u4ec0\u9ebc\u8ce3\u7a7a\u201c\u96e3\u4ee5\u501f\u5165\u201d\u80a1\u7968\u7684\u5dee\u50f9\u5408\u7d04\u982d\u5bf8\u6703\u7522\u751f\u66f4\u9ad8\u8cbb\u7528\u7684\u539f\u56e0\u3002\u4ea4\u6613\u8005\u61c9\u610f\u8b58\u5230\uff0c\u6839\u64da\u5e02\u5834\u60c5\u6cc1\u8b8a\u5316\uff0c\u201c\u96e3\u4ee5\u501f\u5165\u201d\u7684\u6e05\u55ae\u4e5f\u6703\u96a8\u6642\u9593\u800c\u8b8a\u5316\u3002<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Tip:<\/strong> \u5728\u4f7f\u7528\u771f\u5be6\u8cc7\u91d1\u6295\u8cc7\u4e4b\u524d\uff0c\u53ef\u5148\u4f7f\u7528\u6a21\u64ec\u5e33\u6236\u9032\u884c\u7df4\u7fd2\uff0c\u9019\u662f\u638c\u63e1\u7406\u6027\u7684\u6709\u6548\u65b9\u5f0f\u3002<\/p>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u53ef\u7528\u6027\u8207\u9650\u5236<\/h2>\n\n\n\n<p>\u4e26\u975e\u6240\u6709\u8cc7\u7522\u5728\u4efb\u4f55\u6642\u5019\u90fd\u53ef\u9032\u884c\u8ce3\u7a7a\uff0c\u6709\u5e7e\u500b\u56e0\u7d20\u53ef\u80fd\u6703\u5f71\u97ff\u60a8\u662f\u5426\u80fd\u958b\u5009\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>\u4e0d\u53ef\u501f\u5165\u8cc7\u7522<\/strong> \u2014\u2014 \u8a72\u80a1\u7968\u53ef\u80fd\u66ab\u6642\u6c92\u6709\u53ef\u4f9b\u501f\u5165\u7684\u5eab\u5b58\u3002<\/li>\n\n\n\n<li><strong>\u5e73\u53f0\u5168\u9762\u9650\u5236<\/strong> \u2014\u2014 \u5e73\u53f0\u53ef\u80fd\u6703\u5728\u6975\u7aef\u6ce2\u52d5\u671f\u9593\u9650\u5236\u8ce3\u7a7a\u3002<\/li>\n\n\n\n<li><strong>\u76e3\u7ba1\u9650\u5236<\/strong> \u2014\u2014 \u76e3\u7ba1\u90e8\u9580\u53ef\u80fd\u6703\u5c0d\u8ce3\u7a7a\u5be6\u65bd\u81e8\u6642\u9650\u5236\u4ee5\u7dad\u8b77\u91d1\u878d\u7a69\u5b9a\u3002<\/li>\n\n\n\n<li><strong>\u5730\u5340\u9650\u5236<\/strong> \u2014\u2014 \u8ce3\u7a7a\u5de5\u5177\u7684\u53ef\u7528\u6027\u56e0\u76e3\u7ba1\u5340\u57df\u548c\u5e33\u6236\u985e\u578b\u800c\u6709\u6240\u4e0d\u540c\u3002<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/04\/Body-Image-3-756-x-400-1-1.png\" alt=\"\" class=\"wp-image-585388 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/04\/Body-Image-3-756-x-400-1-1.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/04\/Body-Image-3-756-x-400-1-1-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">\u591a\u982dVS\u7a7a\u982d<\/h2>\n\n\n\n<p>\u591a\u982d\u548c\u7a7a\u982d\u7684\u95dc\u9375\u5340\u5225\u5728\u65bc\uff1a<strong>\u591a\u982d\u5728\u50f9\u683c\u4e0a\u6f32\u6642\u7372\u5229\uff0c\u800c\u7a7a\u982d\u5728\u50f9\u683c\u4e0b\u8dcc\u6642\u7372\u5229<\/strong>\u3002\u6b64\u5916\uff0c\u9084\u5b58\u5728\u4ee5\u4e0b\u7d30\u7bc0\u5340\u5225\uff1a<\/p>\n\n\n\n<p><strong>\u591a\u982d\u982d\u5bf8\uff1a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li>\u50f9\u683c\u4e0a\u6f32\u6642\u7372\u5229\u3002<\/li>\n\n\n\n<li>\u6700\u5927\u8667\u640d\u9650\u65bc\u6295\u8cc7\u672c\u91d1\u3002<\/li>\n\n\n\n<li>\u7121\u6642\u9593\u9650\u5236\u3002<\/li>\n\n\n\n<li>\u7121\u501f\u5165\u6210\u672c\u3002<\/li>\n<\/ul>\n\n\n\n<p><strong>\u7a7a\u982d\u982d\u5bf8 (Short)\uff1a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li>\u50f9\u683c\u4e0b\u8dcc\u6642\u7372\u5229\u3002<\/li>\n\n\n\n<li>\u6f5b\u5728\u8667\u640d\u7121\u4e0a\u9650\uff0c\u56e0\u70ba\u50f9\u683c\u53ef\u4ee5\u7121\u9650\u4e0a\u6f32\u3002<\/li>\n\n\n\n<li>\u9700\u652f\u4ed8\u904e\u591c\u8cbb\u3002<\/li>\n\n\n\n<li>\u53ef\u80fd\u9762\u81e8\u7531\u65bc\u7a7a\u982d\u64e0\u58d3\u6216\u80a1\u7968\u56de\u64a5\u800c\u5c0e\u81f4\u7684\u5f37\u5236\u5e73\u5009\u3002<\/li>\n<\/ul>\n\n\n\n<p>\u4e0b\u8868\u5c55\u793a\u4e86\u591a\u982d\u8207\u7a7a\u982d\u982d\u5bf8\u7684\u4e3b\u8981\u5340\u5225\u8207\u7279\u5fb5\u3002<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"wp-block-table-content\"><div class=\"wp-block-table-content-nav wp-block-table-content-nav-left\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-left\"><\/div><\/div><div class=\"wp-block-table-content-nav wp-block-table-content-nav-right\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-right\"><\/div><\/div><div class=\"wp-block-table-content-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>\u6bd4\u8f03\u7dad\u5ea6<\/strong><\/th><th><strong>\u591a\u982d\u982d\u5bf8<\/strong><\/th><th><strong>\u7a7a\u982d\u982d\u5bf8<\/strong><\/th><\/tr><\/thead><tbody><tr><td><strong>\u5e02\u5834\u89c0\u9ede<\/strong><\/td><td>\u770b\u591a\uff08\u9810\u671f\u50f9\u683c\u4e0a\u6f32\uff09<\/td><td>\u770b\u7a7a\uff08\u9810\u671f\u50f9\u683c\u4e0b\u8dcc\uff09<\/td><\/tr><tr><td><strong>\u76c8\u5229\u6f5b\u529b<\/strong><\/td><td>\u7121\u4e0a\u9650<\/td><td>\u9650\u65bc\u521d\u59cb\u50f9\u683c<\/td><\/tr><tr><td><strong>\u8667\u640d\u6f5b\u529b<\/strong><\/td><td>\u9650\u65bc\u6295\u8cc7\u91d1\u984d<\/td><td>\u7121\u4e0a\u9650<\/td><\/tr><tr><td><strong>\u80a1\u606f<\/strong><\/td><td>\u53ef\u7372\u5229\u80a1\u606f<\/td><td>\u5fc5\u9808\u652f\u4ed8\u80a1\u606f<\/td><\/tr><tr><td><strong>\u8907\u96dc\u7a0b\u5ea6<\/strong><\/td><td>\u57f7\u884c\u7c21\u55ae<\/td><td>\u76f8\u5c0d\u8907\u96dc\uff0c\u9700\u8981\u4fdd\u8b49\u91d1\u5e33\u6236<\/td><\/tr><tr><td><strong>\u501f\u5165\u6210\u672c<\/strong><\/td><td>\u7121<\/td><td>\u904e\u591c\u8cbb<\/td><\/tr><tr><td><strong>\u5f37\u5236\u5e73\u5009<\/strong><\/td><td>\u53ef\u9577\u671f\u6301\u6709<\/td><td>\u53ef\u80fd\u88ab\u5f37\u5236\u5e73\u5009<\/td><\/tr><\/tbody><\/table><\/div><\/div><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">\u7a7a\u982d\u982d\u5bf8\u7684\u98a8\u96aa<\/h3>\n\n\n\n<p>\u5982\u679c\u60a8\u8003\u616e\u8ce3\u7a7a\u80a1\u7968\uff0c\u52d9\u5fc5<strong>\u8003\u616e\u8a72\u6295\u8cc7\u65b9\u5f0f\u7368\u6709\u7684\u98a8\u96aa<\/strong>\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>\u7121\u9650\u8667\u640d<\/strong>\uff1a\u8cc7\u7522\u50f9\u683c\u4e0a\u6f32\u6c92\u6709\u7406\u8ad6\u4e0a\u9650\uff0c\u53ef\u80fd\u5c0e\u81f4\u7121\u9650\u8667\u640d\u3002<\/li>\n\n\n\n<li><strong>\u7a7a\u982d\u64e0\u58d3<\/strong>\uff1a\u50f9\u683c\u4e0a\u6f32\u8feb\u4f7f\u7a7a\u982d\u5e73\u5009\uff08\u8cb7\u5165\uff09\uff0c\u9032\u800c\u63a8\u52d5\u50f9\u683c\u9032\u4e00\u6b65\u4e0a\u6f32\u3002<\/li>\n\n\n\n<li><strong>\u80a1\u606f\u8abf\u6574<\/strong>\uff1a\u8ce3\u7a7a\u8005\u5fc5\u9808\u5411\u80a1\u7968\u8cb8\u65b9\u652f\u4ed8<a href=\"https:\/\/www.etoro.com\/zh\/investing\/what-are-dividends\/\">\u80a1\u606f<\/a>\u3002<\/li>\n\n\n\n<li><strong>\u76e3\u7ba1\u5e72\u9810<\/strong>\uff1a\u76e3\u7ba1\u6a5f\u69cb\u53ef\u80fd\u6703\u5728\u5e02\u5834\u6ce2\u52d5\u52a0\u5287\u6642\u7981\u6b62\u8ce3\u7a7a\u3002<\/li>\n\n\n\n<li><strong>\u6d41\u52d5\u6027\u98a8\u96aa<\/strong>\uff1a\u5c0d\u65bc\u4ea4\u6613\u5c11\u7684\u80a1\u7968\uff0c\u5e73\u5009\u53ef\u80fd\u975e\u5e38\u56f0\u96e3\u3002<\/li>\n\n\n\n<li><strong>\u501f\u8cb8\u53ec\u56de<\/strong>\uff1a\u80a1\u7968\u8cb8\u65b9\u53ef\u96a8\u6642\u8981\u6c42\u6b78\u9084\u5176\u80a1\u7968\u3002<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Tip:<\/strong> \u5982\u679c\u67d0\u500b\u5e02\u5834\u88ab\u5927\u91cf\u4ea4\u6613\u8005\u8ce3\u7a7a\u6216\u80a1\u7968\u501f\u8cb8\u982d\u5bf8\u88ab\u6536\u56de\uff0c\u7a7a\u982d\u64e0\u58d3\u7684\u98a8\u96aa\u5c31\u6703\u589e\u52a0\u3002<\/p>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u5982\u4f55\u5236\u5b9a\u8ce3\u7a7a\u7b56\u7565<\/h2>\n\n\n\n<p>\u8ce3\u7a7a\u53ef\u7528\u65bc\u9810\u6e2c<strong>\u5e02\u5834\u65b9\u5411<\/strong>\uff0c\u9032\u884c\u76f4\u63a5\u6295\u6a5f\uff0c\u4e5f\u53ef\u6574\u5408\u5230\u5176\u4ed6\u4ea4\u6613\u7b56\u7565\u4e2d\u4ee5<strong>\u7ba1\u7406\u98a8\u96aa\u655e\u53e3<\/strong>\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u5e02\u5834\u4e2d\u6027\u591a\u7a7a\u7b56\u7565<\/h3>\n\n\n\n<p>\u8ce3\u7a7a\u53ef\u4f5c\u70ba\u201c<a href=\"https:\/\/www.etoro.com\/zh\/investing\/hedging-guide\/\">\u5c0d\u6c96<\/a>\u201d\u624b\u6bb5\u4f86\u5e73\u8861\u6295\u8cc7\u7d44\u5408\u3002\u4f8b\u5982\uff0c\u5982\u679c\u60a8\u770b\u597d\u860b\u679c (Apple) \u516c\u53f8\u4f46\u5c0d\u5927\u76e4\u6301\u60b2\u89c0\u614b\u5ea6\uff0c\u5247\u53ef\u4ee5\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>\u958b\u8a2d\u5b9a\u591a\u982d\u982d\u5bf8<\/strong>\uff1a\u8cb7\u5165 <a href=\"https:\/\/www.etoro.com\/zh\/markets\/AAPL\">AAPL <\/a>\u80a1\u7968\u3002<\/li>\n\n\n\n<li><strong>\u540c\u6642\u958b\u8a2d\u5b9a\u7a7a\u982d\u982d\u5bf8<\/strong>\uff1a\u8ce3\u7a7a <a href=\"https:\/\/www.etoro.com\/zh\/markets\/MSFT\">MSFT<\/a> \u80a1\u7968\u3002<\/li>\n<\/ul>\n\n\n\n<p>\u60a8\u7684\u6de8\u56de\u5831\u5c07\u662f<strong>\u5169\u7b46\u4ea4\u6613\u56de\u5831\u7684\u7e3d\u548c<\/strong>\u3002\u5982\u679c\u5169\u96bb\u80a1\u7968\u90fd\u4e0a\u6f32\uff0c\u4f46\u860b\u679c\u8868\u73fe\u512a\u65bc\u5fae\u8edf\uff0c\u60a8\u7684\u6de8\u56de\u5831\u4ecd\u53ef\u80fd\u70ba\u6b63\u3002<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Tip:<\/strong> \u5dee\u50f9\u5408\u7d04\u662f\u8907\u96dc\u5de5\u5177\uff0c\u96d6\u7136\u80fd\u653e\u5927\u6536\u76ca\uff0c\u4f46\u4e5f\u4f34\u96a8\u7740\u5de8\u5927\u7684\u984d\u5916\u98a8\u96aa\u3002<\/p>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">\u5229\u7528\u8ce3\u7a7a\u7ba1\u7406\u98a8\u96aa<\/h3>\n\n\n\n<p>\u9577\u671f\u6295\u8cc7\u8005\u53ef<strong>\u4f7f\u7528\u7a7a\u982d\u982d\u5bf8\u4f86\u5c0d\u6c96\u98a8\u96aa<\/strong>\u3002\u4f8b\u5982\uff0c\u4e00\u500b\u6295\u8cc7\u8005\u901a\u904e\u8cb7\u5165\u4e26\u6301\u6709\u7b56\u7565\u8cb7\u5165\u4e86\u4e00\u652c\u5b50\u80a1\u7968\uff0c\u7576\u5e02\u5834\u4e0d\u78ba\u5b9a\u6027\u589e\u52a0\uff0c<strong>\u8ce3\u51fa\u4e00\u96bb\u80a1\u7968<\/strong><a href=\"https:\/\/www.etoro.com\/zh\/trading\/guide-to-trading-indices\/\"><strong>\u6307\u6578<\/strong><\/a><strong>\u53ef\u4ee5\u62b5\u6d88\u500b\u4eba\u6301\u5009\u5728\u5927\u76e4\u666e\u8dcc\u6642\u7684\u50f9\u503c\u640d\u5931<\/strong>\uff0c\u800c\u7121\u9700\u55ae\u7368\u51fa\u552e\u5176\u5be6\u7269\u80a1\u7968\u3002<\/p>\n\n\n\n<p>\u5728\u8003\u616e\u5c0d\u6c96\u6574\u9ad4\u98a8\u96aa\u6642\uff0c\u9700\u8981\u8861\u91cf<strong>\u64cd\u4f5c\u56e0\u7d20<\/strong>\uff0c\u5f9e\u800c\u512a\u5316\u8ce3\u7a7a\u7b56\u7565\u2014\u2014\u5c0d\u65bc\u8a08\u5283\u5728\u5e02\u5834\u56de\u6696\u5f8c\u56de\u8cfc\u80a1\u7968\u7684\u6295\u8cc7\u8005\u4f86\u8aaa\uff0c\u9019\u4e9b\u64cd\u4f5c\u56e0\u7d20\u9700\u8981\u683c\u5916\u7559\u610f\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li>\u5118\u7ba1\u8ce3\u7a7a\u6703\u7522\u751f\u76f8\u95dc\u6210\u672c\uff0c\u4f46<strong>\u55ae\u7368\u80a1\u7968\u53ca\u5176\u6f5b\u5728\u7684\u56de\u8cfc\u6210\u672c<\/strong>\u53ef\u80fd\u6703\u66f4\u9ad8\uff0c\u7279\u5225\u662f\u5c0d\u65bc\u67d0\u4e9b\u80a1\u7968\uff0c\u5176\u8cb7\u8ce3\u9700\u7e73\u7d0d<a href=\"https:\/\/guangdong.chinatax.gov.cn\/gdsw\/zjfg\/2023-03\/06\/content_1f02a0e8bc254856aa0cc68a8cae0c74.shtml\" target=\"_blank\" rel=\"noreferrer noopener\">\u5370\u82b1\u7a05<\/a>\uff08SDRT\uff09\u7b49\u7a05\u8cbb\u3002<\/li>\n\n\n\n<li>\u82e5\u5728\u7a05\u52d9\u512a\u60e0\u5e33\u6236\u4e2d\u51fa\u552e\u6301\u6709\u7684\u8cc7\u7522\uff0c<strong>\u5e74\u5ea6\u514d\u7a05\u984d\u5ea6\u9650\u5236<\/strong>\u53ef\u80fd\u6703\u5c0e\u81f4\u6295\u8cc7\u8005\u5728\u56de\u8cfc\u80a1\u7968\u6642\u7121\u6cd5\u5b8c\u5168\u4f7f\u7528\u8a72\u5e33\u6236\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"is-style-disclaimer\">\u4ee5\u4e0a\u63cf\u8ff0\u7d93\u904e\u7c21\u5316\uff0c\u50c5\u7528\u65bc\u8aaa\u660e\u76ee\u7684\uff1b\u5be6\u969b\u7a05\u52d9\u8655\u7406\u53d6\u6c7a\u65bc\u500b\u4eba\u60c5\u6cc1\u548c\u7576\u5730\u6cd5\u898f\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u5982\u4f55\u5c0d\u6c96\u7a7a\u982d\u982d\u5bf8<\/h2>\n\n\n\n<p>\u8ce3\u7a7a\u4ea4\u6613\u59cb\u7d42\u9762\u81e8\u7740\u50f9\u683c\u4e0d\u8dcc\u53cd\u6f32\u7684\u98a8\u96aa\uff0c\u4f46\u8207\u591a\u982d\u982d\u5bf8\u985e\u4f3c\uff0c\u4ea4\u6613\u8005\u53ef\u901a\u904e\u4e00\u7cfb\u5217\u7b56\u7565\u4f86\u5c0d\u6c96\u98a8\u96aa\uff0c\u964d\u4f4e\u6f5b\u5728\u8667\u640d\u3002<\/p>\n\n\n\n<p><strong>\u5e38\u898b\u7684\u5c0d\u6c96\u7b56\u7565\u5305\u62ec\uff1a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>\u6307\u6578\u5c0d\u6c96<\/strong>\uff1a\u5982\u679c\u60a8\u57fa\u65bc<a href=\"https:\/\/www.etoro.com\/zh\/trading\/valuation-methods\/\">\u57fa\u672c\u9762\u5206\u6790<\/a>\u8ce3\u7a7a\u4e86\u67d0\u96bb\u7279\u5b9a\u80a1\u7968\uff0c\u53ef\u540c\u6642\u5728\u76f8\u95dc\u7684\u5e02\u5834\u6307\u6578\uff08\u5982<a href=\"https:\/\/www.etoro.com\/zh\/markets\/SPX500\">\u6a19\u6e96\u666e\u723e 500 \u6307\u6578<\/a>\uff09\u4e2d\u958b\u7acb\u591a\u982d\u982d\u5bf8\u3002\u9019\u6a23\uff0c\u5982\u679c\u6574\u9ad4\u5927\u76e4\u4e0a\u6f32\u5e36\u52d5\u8a72\u80a1\u7968\u56de\u5347\uff0c\u6307\u6578\u591a\u982d\u7684\u76c8\u5229\u53ef\u62b5\u6d88\u90e8\u5206\u7a7a\u982d\u8667\u640d\u3002<\/li>\n\n\n\n<li><strong>\u8de8\u884c\u696d\u5c0d\u6c96<\/strong>\uff1a\u9019\u662f\u4e00\u7a2e\u66f4\u7cbe\u7d30\u7684\u65b9\u6cd5\uff0c\u5373\u7528\u76f8\u95dc<a href=\"https:\/\/www.etoro.com\/zh\/investing\/economic-cycle\/\">\u884c\u696d<\/a>\u7684\u591a\u982d\u982d\u5bf8\u4f86\u62b5\u6d88\u53e6\u4e00\u884c\u696d\u7684\u7a7a\u982d\u98a8\u96aa\uff0c\u800c\u4e0d\u662f\u7c21\u55ae\u5730\u5c0d\u6c96\u6574\u500b\u5927\u76e4\u3002<\/li>\n\n\n\n<li><strong>\u671f\u6b0a\u7b56\u7565<\/strong>\uff1a\u901a\u904e\u8cb7\u5165\u770b\u6f32<a href=\"https:\/\/www.etoro.com\/zh\/trading\/options-trading\/\">\u671f\u6b0a<\/a>\uff0c\u4ea4\u6613\u8005\u7372\u5229\u4e86\u5728\u7279\u5b9a\u65e5\u671f\u524d\u4ee5\u9810\u5b9a\u50f9\u683c\u8cb7\u5165\u67d0\u7a2e\u8cc7\u7522\u7684\u6b0a\u5229\uff08\u800c\u975e\u7fa9\u52d9\uff09\u3002\u5982\u679c\u80a1\u50f9\u5927\u5e45\u98c6\u5347\uff0c\u770b\u6f32\u671f\u6b0a\u7684\u6536\u76ca\u5c07\u70ba\u60a8\u7684\u7a7a\u982d\u982d\u5bf8\u63d0\u4f9b\u201c\u4fdd\u969c\u5098\u201d\u3002<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">\u5be6\u4f8b\u8aaa\u660e\uff1a\u5c0d\u6c96\u4e9e\u99ac\u905c (AMZN) \u7a7a\u982d\u982d\u5bf8<\/h3>\n\n\n\n<p>\u5047\u8a2d\u60a8\u7684\u5206\u6790\u986f\u793a\u4e9e\u99ac\u905c\u80a1\u50f9\u5df2\u88ab\u9ad8\u4f30\uff0c\u60a8\u6c7a\u5b9a\u958b\u7acb\u7a7a\u982d\u982d\u5bf8\uff0c\u6b64\u6642\u6709\u591a\u7a2e\u5c0d\u6c96\u65b9\u6848\u53ef\u4f9b\u9078\u64c7\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>\u8ce3\u591a<\/strong><a href=\"https:\/\/www.etoro.com\/zh\/markets\/NSDQ100\"><strong>\u7d0d\u65af\u9054\u514b 100 \u6307\u6578<\/strong><\/a>\uff1a\u7531\u65bc\u8a72\u6307\u6578\u5305\u542b\u7f8e\u570b\u6700\u5927\u7684\u540c\u985e\u79d1\u6280\u80a1\uff0c\u8ce3\u591a\u8a72\u6307\u6578\u53ef\u5c0d\u6c96 AMZN \u56e0\u79d1\u6280\u884c\u696d\u6574\u9ad4\u8da8\u52e2\u800c\u4e0a\u6f32\u7684\u98a8\u96aa\u3002<\/li>\n\n\n\n<li><strong>\u8de8\u884c\u696d\u5c0d\u6c96<\/strong>\uff1a\u4f8b\u5982\uff0c\u5728\u6301\u6709 AMZN \u7a7a\u982d\u982d\u5bf8\u7684\u540c\u6642\uff0c\u5728\u4f11\u9592\u4fe1\u8a17\u7b49\u9632\u79a6\u6027\u884c\u696d\u958b\u7acb\u591a\u982d\u982d\u5bf8\u3002<\/li>\n\n\n\n<li><strong>\u8cb7\u5165\u770b\u6f32\u671f\u6b0a<\/strong>\uff1a\u8cb7\u5165\u57f7\u884c\u50f9\u683c\u9ad8\u65bc\u7576\u524d\u80a1\u50f9\u7684\u4e9e\u99ac\u905c\u770b\u6f32\u671f\u6b0a\u3002\u4e00\u65e6\u80a1\u50f9\u51fa\u73fe\u8d85\u9810\u671f\u4e0a\u6f32\uff0c\u671f\u6b0a\u884c\u6b0a\u7522\u751f\u7684\u6536\u76ca\u5c07\u5f4c\u88dc\u7a7a\u982d\u5b9a\u55ae\u7684\u8667\u640d\u3002<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">\u5be6\u4f8b\u8aaa\u660e\uff1a\u8ce3\u7a7a\u9644\u5e36\u6210\u672c<\/h2>\n\n\n\n<p>\u8b93\u6211\u5011\u901a\u904e\u4e00\u500b\u5177\u9ad4\u6848\u4f8b\uff0c\u8a08\u7b97\u8a08\u5165\u5404\u9805\u8cbb\u7528\u5f8c\u7684\u8ce3\u7a7a\u56de\u5831\u3002<\/p>\n\n\n\n<p><strong>\u4ea4\u6613\u60c5\u6cc1\uff1a<\/strong>\u8ce3\u7a7a 100 \u80a1<a href=\"https:\/\/www.etoro.com\/zh\/markets\/baba\">\u963f\u91cc\u5df4\u5df4<\/a>\uff08Alibaba\uff09\u80a1\u7968\uff0c\u6301\u5009 5 \u5929<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>\u5165\u5834\u50f9\u683c\uff08\u8ce3\u51fa\uff09<\/strong>\uff1a$50.00<\/li>\n\n\n\n<li><strong>\u96e2\u5834\u50f9\u683c\uff08\u8cb7\u56de\uff09<\/strong>\uff1a$45.00<\/li>\n\n\n\n<li><strong>\u982d\u5bf8\u898f\u6a21<\/strong>\uff1a$5,000<\/li>\n\n\n\n<li><strong>\u6301\u5009\u9031\u671f<\/strong>\uff1a5 \u5929<\/li>\n\n\n\n<li><strong>\u80a1\u7968\u985e\u578b<\/strong>\uff1a\u6613\u501f\uff08Easy-to-borrow\uff09<\/li>\n\n\n\n<li><strong>\u9ede\u5dee\u8cbb\u7528<\/strong>\uff1a\u55ae\u908a 0.1%<\/li>\n<\/ul>\n\n\n\n<p><strong>\u56de\u5831\u8a08\u7b97\uff1a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>\u6bdb\u5229\u6f64<\/strong>\uff1a($50 &#8211; $45) \u00d7 100 = <strong>$500<\/strong><\/li>\n\n\n\n<li><strong>\u5165\u5834\u9ede\u5dee\u6210\u672c<\/strong>\uff1a$5,000 \u00d7 0.1% = <strong>$5<\/strong><\/li>\n\n\n\n<li><strong>\u96e2\u5834\u9ede\u5dee\u6210\u672c<\/strong>\uff1a$4,500 \u00d7 0.1% = <strong>$4.50<\/strong><\/li>\n\n\n\n<li><strong>\u904e\u591c\u8cbb<\/strong>\uff1a$0\uff08\u6613\u501f\u80a1\u7968\uff09<\/li>\n\n\n\n<li><strong>\u6de8\u5229\u6f64<\/strong>\uff1a$500 &#8211; $5.00 &#8211; $4.50 = <strong>$490.50<\/strong><\/li>\n<\/ul>\n\n\n\n<p><strong>\u8b8a\u52d5\u60c5\u6cc1\uff1a<\/strong>\u5982\u679c\u8a72\u80a1\u7968\u5c6c\u65bc\u201c\u96e3\u501f\u201d\u80a1\u7968\uff08\u5e74\u5ea6\u501f\u5165\u6210\u672c\u70ba 15%\uff09\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>\u984d\u5916\u904e\u591c\u8cbb<\/strong>\uff1a($5,000 \u00d7 15% \u00f7 365) \u00d7 5 \u5929 = <strong>$10.27<\/strong><\/li>\n\n\n\n<li><strong>\u6700\u7d42\u6de8\u5229\u6f64<\/strong>\uff1a$490.50 &#8211; $10.27 = <strong>$480.23<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"is-style-disclaimer\">\u4ee5\u4e0a\u63cf\u8ff0\u50c5\u7528\u65bc\u8aaa\u660e\u8a08\u7b97\u539f\u7406\uff0c\u50c5\u4f9b\u53c3\u8003\uff1b\u5be6\u969b\u56de\u5831\u53ca\u7a05\u8cbb\u8655\u7406\u53d6\u6c7a\u65bc\u500b\u4eba\u60c5\u6cc1\u548c\u7576\u5730\u6cd5\u898f\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u7d50\u8ad6<\/h2>\n\n\n\n<p>\u8ce3\u7a7a\u70ba\u4ea4\u6613\u8005\u63d0\u4f9b\u4e86\u5728\u5e02\u5834\u4e0b\u8dcc\u4e2d\u7372\u5229\u4ee5\u53ca\u5c0d\u6c96\u73fe\u6709\u982d\u5bf8\u7684\u624b\u6bb5\uff0c\u4f46\u9019\u7a2e\u64cd\u4f5c\u9700\u8981\u6295\u8cc7\u8005\u5c0d\u7368\u6709\u7684\u98a8\u96aa\u6709\u6df1\u523b\u8a8d\u8b58\uff0c\u7279\u5225\u662f<strong>\u7406\u8ad6\u4e0a\u7684\u7121\u9650\u8667\u640d<\/strong>\u4ee5\u53ca\u7a7a\u982d\u64e0\u58d3\u98a8\u96aa\u3002<\/p>\n\n\n\n<p>\u6210\u529f\u7684\u8ce3\u7a7a\u4ea4\u6613\u6709\u8cf4\u65bc\u6e96\u78ba\u7684\u5e02\u5834\u5206\u6790\u3001\u56b4\u8b39\u7684<a href=\"https:\/\/www.etoro.com\/zh\/investing\/risk-management\/\">\u98a8\u96aa\u7ba1\u7406<\/a>\u7db1\u9818\u4ee5\u53ca\u5c0d\u6240\u6709\u4ea4\u6613\u6210\u672c\u7684\u6df1\u523b\u628a\u63e1\u3002\u8ce3\u7a7a<strong>\u96d6\u80fd\u63d0\u4f9b\u6295\u8cc7\u7d44\u5408\u7684\u9748\u6d3b\u6027\uff0c\u4f46<\/strong>\u5728\u958b\u59cb\u4e4b\u524d<strong>\u52d9\u5fc5\u8981\u5145\u5206\u5b78\u7fd2\u4e26\u8b39\u614e\u8a55\u4f30<\/strong>\u3002<\/p>\n\n\n\n<p>\u60a8\u53ef\u4ee5\u8a2a\u554f <a href=\"https:\/\/www.etoro.com\/zh\/academy\/\">eToro \u5b78\u9662<\/a>\u7372\u53d6\u66f4\u591a\u5c08\u696d\u7b56\u7565\u6307\u5357\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u5e38\u898b\u554f\u984c<\/h2>\n\n\n\n<dl class=\"wp-block-etoro-faq\">\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">\u5728 eToro \u4e0a\u8ce3\u7a7a\u6703\u6536\u53d6\u54ea\u4e9b\u8cbb\u7528\uff1f<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>\u80a1\u7968\u7684\u8ce3\u7a7a\u5b9a\u55ae\u548c\u8907\u96dc\u982d\u5bf8\u901a\u904e\u5dee\u50f9\u5408\u7d04\uff08CFD\uff09\u57f7\u884c\uff0c\u56e0\u6b64 CFD \u9ede\u5dee\u53ca\u6f5b\u5728\u7684<a href=\"https:\/\/help.etoro.com\/s\/article\/how-are-the-overnight-fees-on-stocks-calculated?language%3Dzh_CN\">\u904e\u591c\u8cbb<\/a>\u3002\u201c\u6613\u501f\u201d\u80a1\u7968\u50c5\u7522\u751f\u9ede\u5dee\u6210\u672c\uff0c\u800c\u201c\u96e3\u501f\u201d\u80a1\u7968\uff08\u5e74\u5ea6\u501f\u5165\u6210\u672c\u901a\u5e38\u8d85\u904e 10%\uff09\u5f80\u5f80\u9084\u6703\u6536\u53d6\u904e\u591c\u8cbb\u3002<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">\u70ba\u4ec0\u9ebc\u6211\u7684\u201c\u8ce3\u7a7a\u201d\u6309\u9215\u986f\u793a\u70ba\u7070\u8272\uff1f<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>\u8a72\u6309\u9215\u7121\u6cd5\u9ede\u64ca\u901a\u5e38\u7531\u65bc\u4ee5\u4e0b\u539f\u56e0\u89f8\u767c\uff1a\u66ab\u6642\u6c92\u6709\u53ef\u4f9b\u501f\u5165\u7684\u5eab\u5b58\uff0c\u5e73\u53f0\u5728\u5e02\u5834\u6975\u7aef\u6ce2\u52d5\u671f\u9593\u958b\u555f\u4e86\u5168\u9762\u9650\u5236\uff0c\u6216\u53d7\u5230l\u4e86\u7279\u5b9a\u5730\u5340\u76e3\u7ba1\u898f\u5b9a\u7684\u9650\u5236\u3002\u8acb\u53c3\u95b1 eToro \u5e6b\u52a9\u4e2d\u5fc3\uff0c\u7372\u53d6\u5be6\u6642\u4fe1\u606f\uff0c\u4e26\u8981\u610f\u8b58\u5230\uff0c\u501f\u8cb8\u5e02\u5834\u7684\u6d41\u52d5\u6027\u6703\u96a8<a href=\"https:\/\/www.etoro.com\/zh\/investing\/bull-vs-bear-markets\/\">\u5e02\u6cc1<\/a>\u8b8a\u5316\u3002<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">\u5728\u54ea\u88e1\u53ef\u4ee5\u67e5\u770b\u80a1\u7968\u501f\u5165\u6210\u672c\uff1f<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>\u5c0d\u65bc\u201c\u96e3\u501f\u201d\u80a1\u7968\uff0c\u501f\u5165\u6210\u672c\u6703\u9ad4\u73fe\u5728\u60a8\u982d\u5bf8\u7684\u904e\u591c\u8cbb\u4e2d\uff08\u8a08\u7b97\u516c\u5f0f\u70ba\uff1a\u5e74\u5ea6\u6210\u672c \u00f7 365\uff09\u3002\u5728\u4e0b\u55ae\u524d\uff0c\u60a8\u53ef\u4ee5\u901a\u904e<a href=\"https:\/\/www.etoro.com\/zh\/trading\/buy-sell-and-close-position\/\">\u4ea4\u6613\u55ae<\/a>\u4e0a\u7684\u201c\u9810\u8a08\u6210\u672c\u201d\u6b04\u76ee\u9810\u89bd\u76f8\u95dc\u8cbb\u7528\u3002<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">\u4ec0\u9ebc\u662f\u7a7a\u982d\u64e0\u58d3\uff1f<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>\u201c\u7a7a\u982d\u64e0\u58d3\u201d\u662f\u6307\u67d0\u96bb\u88ab\u5927\u91cf\u8ce3\u7a7a\u7684\u8cc7\u7522\u7531\u65bc\u50f9\u683c\u610f\u5916\u4e0a\u6f32\uff0c\u8feb\u4f7f\u7a7a\u982d\u5e73\u5009\uff08\u8cb7\u5165\uff09\uff0c\u9032\u800c\u63a8\u52d5\u50f9\u683c\u9032\u4e00\u6b65\u4e0a\u6f32\uff0c\u5f62\u6210\u4e00\u500b\u60e1\u6027\u5faa\u74b0\uff0c\u50f9\u683c\u7e7c\u7e8c\u4e0a\u6f32\uff0c\u6709\u6642\u751a\u81f3\u662f\u6025\u5287\u4e0a\u6f32\u3002\u5982\u679c\u50f9\u683c\u6301\u7e8c\u98c6\u5347\uff0c\u8a72\u5e73\u53f0\u7684\u4ea4\u6613\u8005\u5c07<a href=\"https:\/\/www.etoro.com\/zh\/stocks\/handling-financial-loss-and-recovery-in-the-share-market\/\">\u9762\u81e8\u56b4\u91cd\u8667\u640d<\/a>\u3002<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">\u6240\u6709\u8cc7\u7522\u985e\u578b\u90fd\u652f\u6301\u8ce3\u7a7a\u55ce\uff1f<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>\u4e26\u975e\u5982\u6b64\u3002\u96d6\u7136\u80a1\u7968\u3001<a href=\"https:\/\/www.etoro.com\/zh\/trading\/forex-strategy\/\">\u5916\u532f<\/a>\u548c\u6307\u6578\u5e02\u5834\u6301\u6709\u6210\u719f\u7684\u8ce3\u7a7a\u6a5f\u5236\uff0c\u4f46\u4e26\u975e\u6240\u6709\u8cc7\u7522\u90fd\u652f\u6301\u8ce3\u7a7a\u3002\u6b64\u5916\uff0c\u96a8\u7740\u5e02\u5834\u74b0\u5883\u7684\u8f49\u8b8a\uff0c\u67d0\u4e9b\u539f\u4f86\u652f\u6301\u8ce3\u7a7a\u7684\u5de5\u5177\u4e5f\u53ef\u80fd\u4e0d\u518d\u652f\u6301\u8ce3\u7a7a\u3002\u8ce3\u7a7a\u662f\u5426\u53d7\u5230\u8cc7\u7522\u985e\u578b\u3001\u76e3\u7ba1\u5340\u57df\u3001\u76e3\u7ba1\u6c7a\u7b56\u548c\u5be6\u6642\u6d41\u52d5\u6027\u7684\u5f71\u97ff\uff0c\u8acb\u96a8\u6642\u67e5\u770b\u7d93\u7d00\u5546\u7684\u6700\u65b0\u6c7a\u7b56\u3002<\/p>\n<\/dd><\/div>\n<\/dl>\n\n\n\n\t\t<style>\n\t\t\t.rtl .etoro-block-shortcode-disclaimer {\n\t\t\t\ttext-align:right;\n\t\t\t}\n\t\t\t.etoro-block-shortcode-disclaimer {\n\t\t\t\tmargin-bottom:18px;\n\t\t\t\ttext-align:left;\n\t\t\t}\n\t\t\t.etoro-block-shortcode-disclaimer p{\n\t\t\t\tfont-size: 12px;\n\t\t\t\tline-height: 18px;\n\t\t\t}\n\t\t\t@media (min-width: 768px) {\n\t\t\t\t.etoro-block-shortcode-disclaimer {\n\t\t\t\t\tmax-width:1176px;\n\t\t\t\t\ttext-align:center;\n\t\t\t\t}\n\t\t\t\t.etoro-block-shortcode-disclaimer p {\n\t\t\t\t\tfont-size: 14px;\n\t\t\t\t\tline-height: 20px;\n\t\t\t\t}\n\t\t\t}\n\t\t<\/style>\n\t\t<div class='etoro-block-shortcode-disclaimer'><p>\u672c\u6750\u6599\u4ec5\u7528\u4e8e\u63d0\u4f9b\u4fe1\u606f\u548c\u6559\u80b2\u7528\u9014\uff0c\u4e0d\u5e94\u88ab\u89c6\u4e3a\u6295\u8d44\u5efa\u8bae\u3001\u4e2a\u4eba\u63a8\u8350\u6216\u4e70\u5356\u4efb\u4f55\u91d1\u878d\u5de5\u5177\u7684\u8981\u7ea6\u6216\u9080\u7ea6\u3002<\/p>\n<p>\u672c\u6750\u6599\u7684\u7f16\u5199\u5e76\u672a\u8003\u8651\u5230\u4efb\u4f55\u7279\u5b9a\u53d7\u4f17\u7684\u6295\u8d44\u76ee\u6807\u6216\u8d22\u52a1\u72b6\u51b5\uff0c\u4ea6\u672a\u6309\u7167\u4fc3\u8fdb\u72ec\u7acb\u7814\u7a76\u7684\u6cd5\u5f8b\u548c\u76d1\u7ba1\u8981\u6c42\u7f16\u5199\u3002<\/p>\n<p><strong>\u6750\u6599\u4e2d\u6240\u63d0\u53ca\u7684\u91d1\u878d\u5de5\u5177\u548c\u670d\u52a1\u5e76\u975e\u5168\u7531eToro\u63d0\u4f9b<\/strong>\uff0c\u5e76\u4e14\u6240\u63d0\u53ca\u7684\u6240\u6709\u91d1\u878d\u5de5\u5177\u3001\u6307\u6570\u6216\u4e00\u63fd\u5b50\u6295\u8d44\u4ea7\u54c1\u7684\u5386\u53f2\u8868\u73b0\u90fd\u4e0d\u662f\uff0c\u4e5f\u4e0d\u5e94\u88ab\u89c6\u4e3a\u672a\u6765\u4e1a\u7ee9\u7684\u53ef\u9760\u6307\u6807\u3002<strong>\u4e0a\u8ff0\u4ea7\u54c1\u548c\u670d\u52a1\u7684\u53ef\u7528\u6027\u53ef\u80fd\u56e0\u53f8\u6cd5\u7ba1\u8f96\u533a\u548c\u56fd\u5bb6\/\u5730\u533a\u800c\u6709\u6240\u4e0d\u540c\u3002<\/strong><\/p>\n<p>eToro\u5bf9\u672c\u6307\u5357\u5185\u5bb9\u7684\u51c6\u786e\u6027\u6216\u5b8c\u6574\u6027\u4e0d\u4f5c\u4efb\u4f55\u58f0\u660e\uff0c\u4e5f\u4e0d\u627f\u62c5\u4efb\u4f55\u8d23\u4efb\u3002\u5728\u6295\u5165\u4efb\u4f55\u8d44\u91d1\u4e4b\u524d\uff0c\u786e\u4fdd\u60a8\u4e86\u89e3\u4ea4\u6613\u4e2d\u6d89\u53ca\u7684\u98ce\u9669\u3002\u5207\u52ff\u627f\u62c5\u8d85\u8fc7\u60a8\u613f\u610f\u627f\u53d7\u635f\u5931\u7684\u98ce\u9669\u3002<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u8ce3\u7a7a\uff08Short Selling\uff09\u4f7f\u4ea4\u6613\u8005\u80fd\u5920\u5728\u8cc7\u7522\u50f9\u683c\u4e0b\u8dcc\uff0c\u800c\u975e\u4e0a\u6f32\u6642\u7372\u5229\u4e86\u7d50\u3002\u5b83\u4e5f\u53ef\u7528\u65bc\u6f2b\u9577\u7684\u6295\u8cc7\u7d44\u5408\u4e2d\u4ee5\u5c0d\u6c96\u98a8\u96aa\u3002\u672c\u6307\u5357\u5c07\u5411\u60a8\u8a73\u7d30\u89e3\u8aaa\u8ce3\u7a7a\u7684\u4f5c\u539f\u7406\uff0c\u4ee5\u53ca\u5982\u4f55\u5c07\u5176\u61c9\u7528\u65bc\u4ea4\u6613\u7b56\u7565\u3002 \u8ce3\u7a7a\u63d0\u4f9b\u4e86\u53e6\u4e00\u7a2e\u4e0d\u540c\u65bc\u50b3\u7d71\u6295\u8cc7\u7684\u65b9\u5f0f\uff0c\u5b83\u53ef\u7528\u65bc\u770b\u8dcc\u7684\u5e02\u5834\uff0c\u4e5f\u5728\u4e00\u5b9a\u7a0b\u5ea6\u4e0a\u53cd\u8f49\u4e86\u5e02\u5834\u4e2d\u6027\u7b56\u7565\u3002 \u8ce3\u7a7a\u5b58\u5728\u91cd\u5927\u98a8\u96aa\uff0c\u6295\u8cc7\u8005\u9700\u8981\u5b78\u6703\u5982\u4f55\u958b\u7acb\u548c\u7ba1\u7406\u7a7a\u982d\u982d\u5bf8\u3002\u672c\u6587\u5c07\u901a\u904e\u6df1\u5165\u7684\u6848\u4f8b\u7814\u7a76\u548c\u6b65\u9a5f\u6307\u5357\uff0c\u6982\u8ff0\u8ce3\u7a7a\u7684\u6982\u6cc1\u53ca\u5176\u904b\u4f5c\u6a21\u5f0f\u3002 \u8ce3\u7a7a\u610f\u7fa9\u7740\u4ec0\u9ebc\uff1f \u7c21\u55ae\u4f86\u8aaa\uff0c\u8ce3\u7a7a\u662f\u6307\u51fa\u552e\u67d0\u4e9b\u60a8\u8a8d\u70ba\u50f9\u503c\u6703\u4e0b\u8dcc\u7684\u8cc7\u7522\uff0c\u4e26\u6253\u7b97\u5728\u5c07\u4f86\u4ee5\u66f4\u4f4e\u7684\u50f9\u683c\u8cb7\u56de\u8a72\u8cc7\u7522\u3002 \u8ce3\u7a7a\u4ea4\u6613\u7684\u76ee\u6a19\u53d6\u6c7a\u65bc\u5165\u5834\u50f9\u683c\u8207\u96e2\u5834\u50f9\u683c\u4e4b\u9593\u7684\u5dee\u984d\u3002\u5982\u679c\u60a8\u8ce3\u7a7a\u67d0\u96bb\u80a1\u7968\u5f8c\uff0c\u5176\u50f9\u503c\u53cd\u800c\u4e0a\u6f32\uff0c\u90a3\u9ebc\u60a8\u5c07\u9762\u81e8\u8667\u640d\uff1b\u53cd\u4e4b\uff0c\u5982\u679c\u50f9\u683c\u4e0b\u8dcc\uff0c\u60a8\u5c07\u7372\u5f97\u5229\u6f64\u3002 \u6848\u4f8b\u7814\u7a76\uff1a\u8ce3\u7a7a\u77fd\u8c37\u9280\u884c \u5982\u679c\u60a8\u5728 2022 \u5e74 1 \u6708\u8ce3\u7a7a\u4e86 SVB \u80a1\u7968\uff0c\u60a8\u5c07\u5f9e\u96a8\u5f8c\u7684\u50f9\u683c\u4e0b\u8dcc\u4e2d\u7372\u5229\u5de8\u984d\u5229\u6f64\u3002\u76f8\u53cd\uff0c\u5982\u679c\u5176\u50f9\u683c\u4e0a\u6f32\uff0c\u8ce3\u7a7a\u7b56\u7565\u5247\u6703\u4f7f\u60a8\u906d\u53d7\u8667\u640d\u3002\u8ce3\u7a7a\u7b56\u7565\u7684\u6838\u5fc3\u5728\u65bc\u6e96\u78ba\u9810\u6e2c\u5e02\u5834\u8d70\u5411\u3002 \u8ce3\u7a7a\u5982\u4f55\u904b\u4f5c\uff1f \u5728\u4ea4\u6613\u6a5f\u5236\u65b9\u9762\uff0c\u8ce3\u7a7a\u7684\u64cd\u4f5c\u65b9\u5f0f\u662f\uff1a\u9032\u5165\u60a8\u9078\u64c7\u7684\u8cc7\u7522\u9801\u9762\uff0c\u7136\u5f8c\u5728\u5e02\u5834\u9ede\u64ca\u201c \u8ce3\u51fa \u201d\u6309\u9215\u3002 \u8ce3\u7a7a\u5f80\u5f80\u6703\u4f7f\u7528\u5dee\u50f9\u5408\u7d04 (CFDs) \u3002\u5dee\u50f9\u5408\u7d04\u53ef\u8b93\u60a8\u51fa\u552e\u5c1a\u672a\u6301\u6709\u7684\u8cc7\u7522\uff0c\u56e0\u70ba\u8a72\u201c\u5408\u7d04\u201d\u662f\u8207\u7d93\u7d00\u5546\u7c3d\u8a02\u7684\u3002 \u5927\u591a\u6578\u7d93\u7d00\u5e73\u53f0\u90fd\u6703\u63d0\u4f9b\u5e02\u5834\u4e2d\u501f\u5165\u548c\u51fa\u552e\u8cc7\u7522\u6240\u9700\u7684\u6240\u6709\u6b0a\u8b49\u548c\u884c\u653f\u6d41\u7a0b\uff0c\u4f46\u9700\u8981\u6ce8\u610f\uff0c\u6301\u5009\u904e\u591c\u7684\u7a7a\u982d\u982d\u5bf8\u53ef\u80fd\u6703\u7522\u751f\u984d\u5916\u7684\u8cbb\u7528\u3002 \u5982\u4f55\u958b\u7acb\u7a7a\u982d\u982d\u5bf8 \u6309\u4e0b\u8ff0\u6b65\u9a5f\u53ef\u958b\u555f\u7a7a\u982d\u982d\u5bf8\uff1a \u5728\u8ce3\u7a7a\u4e0b\u55ae\u524d\uff0c\u8acb\u6aa2\u67e5\uff1a \u8ce3\u7a7a\u6210\u672c \u4e86\u89e3\u8ce3\u7a7a\u7684\u76f8\u95dc\u6210\u672c\u5c0d\u65bc\u8a08\u7b97\u56de\u5831\u81f3\u95dc\u91cd\u8981\u3002\u4ee5\u4e0b\u662f\u4e0d\u540c\u985e\u578b\u91d1\u878d\u5de5\u5177\u901a\u5e38\u6d89\u53ca\u7684\u76f8\u95dc\u8cbb\u7528\u7684\u6982\u8ff0\u3002 \u6295\u8cc7\u5de5\u5177 \u8cbb\u7528\u69cb\u6210 \u6536\u53d6\u6642\u9593 \u5728\u4ea4\u6613\u55ae\u7684\u9ad4\u73fe \u80a1\u7968 (CFD) \u9ede\u5dee \uff08\u5982\u679c\u80a1\u7968\u70ba\u201c\u6613\u501f\u201d\u80a1\u7968\uff0c\u5247\u7121\u904e\u591c\u8cbb\uff09\u3002\u9ede\u5dee + \u904e\u591c\u8cbb\uff08\u5982\u679c\u80a1\u7968\u70ba\u201c\u96e3\u501f\u201d\u80a1\u7968\uff0c\u501f\u5165\u8cbb\u7387&gt; 10%\uff09\u3002 \u9ede\u5dee\u5728\u5165\u5834\/\u96e2\u5834\u6642\u6536\u53d6\u3002\u904e\u591c\u8cbb\uff08\u5982\u6709\uff09\uff1a\u6bcf\u665a9\u9ede\u6536\u53d6\u3002\u591a\u6578\u96e3\u501f\u80a1\u7968\u6703\u5728\u9031\u4e94\u6536\u53d6\u9031\u672b\u904e\u591c\u8cbb\uff0c\u53733\u5929\u7684\u904e\u591c\u8cbb\u3002 \u201c\u4ea4\u6613\u754c\u9762\u7684\u201c\u9810\u8a08\u958b\u5009\u6210\u672c\u201d\u8a73\u7d30\u5c55\u793a\u4e86\u9ede\u5dee\u76f8\u95dc\u8cbb\u7528\u3002 ETF (CFD) \u9ede\u5dee + \u904e\u591c\u8cbb\u3002 \u9ede\u5dee\u5728\u5165\u5834\/\u96e2\u5834\u6642\u6536\u53d6\u3002\u904e\u591c\u8cbb\uff08\u5982\u6709\uff09\uff1a\u6bcf\u665a9\u9ede\u6536\u53d6\u3002\u591a\u6578ETF\u6703\u5728\u9031\u4e94\u6536\u53d6\u9031\u672b\u904e\u591c\u8cbb\uff0c\u53733\u5929\u7684\u904e\u591c\u8cbb\u3002 \u201c\u4ea4\u6613\u754c\u9762\u7684\u201c\u9810\u8a08\u958b\u5009\u6210\u672c\u201d\u8a73\u7d30\u5c55\u793a\u4e86\u9ede\u5dee\u76f8\u95dc\u8cbb\u7528\uff0c\u4f46\u672a\u5305\u542b\u73fe\u6709\u904e\u591c\u8cbb\u3002 \u6307\u6578 (CFD) \u9ede\u5dee + \u904e\u591c\u8cbb\u3002 \u9ede\u5dee\u5728\u5165\u5834\/\u96e2\u5834\u6642\u6536\u53d6\u3002\u904e\u591c\u8cbb\uff08\u5982\u6709\uff09\uff1a\u6bcf\u665a9\u9ede\u6536\u53d6\u3002\u591a\u6578\u6307\u6578\u6703\u5728\u9031\u4e94\u6536\u53d6\u9031\u672b\u904e\u591c\u8cbb\uff0c\u53733\u5929\u7684\u904e\u591c\u8cbb\u3002 \u4ea4\u6613\u754c\u9762\u7684\u201c\u9810\u8a08\u958b\u5009\u6210\u672c\u201d\u8a73\u7d30\u5c55\u793a\u4e86\u9ede\u5dee\u76f8\u95dc\u8cbb\u7528\u3002\u201c\u9810\u8a08\u958b\u5009\u6210\u672c\u201d\u540c\u6642\u4e5f\u6703\u8a73\u7d30\u5c55\u793a\u904e\u591c\u8cbb\u8a73\u60c5\u3002&hellip;<\/p>\n","protected":false},"author":33,"featured_media":1250228,"parent":18381,"menu_order":467,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":true,"inline_featured_image":false,"sticky_cta_settings":"","footnotes":""},"asset_type":[],"class_list":["post-585194","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<title>\u4ec0\u4e48\u662f\u505a\u7a7a\uff1f\u505a\u7a7a\u4ea4\u6613\u5165\u95e8\u6307\u5357 | eToro<\/title>\n<meta name=\"description\" content=\"\u4e86\u89e3\u505a\u7a7a\u4ea4\u6613\u7684\u8fd0\u4f5c\u539f\u7406\uff0c\u5b66\u4e60\u5982\u4f55\u4ece\u5e02\u573a\u4e0b\u8dcc\u4e2d\u83b7\u5229\uff0c\u5982\u4f55\u7ba1\u7406\u98ce\u9669\u4ee5\u53ca\u5982\u4f55\u4f7f\u7528\u5bf9\u51b2\u7b56\u7565\u3002\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/pages\/585194\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u4ec0\u4e48\u662f\u505a\u7a7a\uff1f\u505a\u7a7a\u4ea4\u6613\u5165\u95e8\u6307\u5357 | eToro\" \/>\n<meta property=\"og:description\" content=\"\u4e86\u89e3\u505a\u7a7a\u4ea4\u6613\u7684\u8fd0\u4f5c\u539f\u7406\uff0c\u5b66\u4e60\u5982\u4f55\u4ece\u5e02\u573a\u4e0b\u8dcc\u4e2d\u83b7\u5229\uff0c\u5982\u4f55\u7ba1\u7406\u98ce\u9669\u4ee5\u53ca\u5982\u4f55\u4f7f\u7528\u5bf9\u51b2\u7b56\u7565\u3002\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/pages\/585194\" \/>\n<meta property=\"og:site_name\" content=\"e\u6295\u777f\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/eToro\/\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-31T06:58:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2022\/05\/Mobile-short-selling.png\" \/>\n\t<meta property=\"og:image:width\" content=\"375\" \/>\n\t<meta property=\"og:image:height\" content=\"270\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2022\/05\/Mobile-short-selling.png\" \/>\n<meta name=\"twitter:site\" content=\"@eToro\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"12 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/\",\"url\":\"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/\",\"name\":\"\u4ec0\u4e48\u662f\u505a\u7a7a\uff1f\u505a\u7a7a\u4ea4\u6613\u5165\u95e8\u6307\u5357 | eToro\",\"isPartOf\":{\"@id\":\"https:\/\/www.etoro.com\/zh\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2026\/03\/ZH-Short-Selling_1200x630.png\",\"datePublished\":\"2022-05-12T15:08:17+00:00\",\"dateModified\":\"2026-03-31T06:58:52+00:00\",\"description\":\"\u4e86\u89e3\u505a\u7a7a\u4ea4\u6613\u7684\u8fd0\u4f5c\u539f\u7406\uff0c\u5b66\u4e60\u5982\u4f55\u4ece\u5e02\u573a\u4e0b\u8dcc\u4e2d\u83b7\u5229\uff0c\u5982\u4f55\u7ba1\u7406\u98ce\u9669\u4ee5\u53ca\u5982\u4f55\u4f7f\u7528\u5bf9\u51b2\u7b56\u7565\u3002\",\"breadcrumb\":{\"@id\":\"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/#breadcrumb\"},\"inLanguage\":\"zh-hans\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-hans\",\"@id\":\"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/#primaryimage\",\"url\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2026\/03\/ZH-Short-Selling_1200x630.png\",\"contentUrl\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2026\/03\/ZH-Short-Selling_1200x630.png\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u4e3b\u9875\",\"item\":\"https:\/\/www.etoro.com\/zh\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"\u4ea4\u6613\",\"item\":\"https:\/\/www.etoro.com\/zh\/trading\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"\u505a\u7a7a\u53ca\u5176\u8fd0\u4f5c\u6a21\u5f0f\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.etoro.com\/zh\/#website\",\"url\":\"https:\/\/www.etoro.com\/zh\/\",\"name\":\"e\u6295\u777f\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.etoro.com\/zh\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.etoro.com\/zh\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"zh-hans\"},[]]}<\/script>","yoast_head_json":{"title":"\u4ec0\u4e48\u662f\u505a\u7a7a\uff1f\u505a\u7a7a\u4ea4\u6613\u5165\u95e8\u6307\u5357 | eToro","description":"\u4e86\u89e3\u505a\u7a7a\u4ea4\u6613\u7684\u8fd0\u4f5c\u539f\u7406\uff0c\u5b66\u4e60\u5982\u4f55\u4ece\u5e02\u573a\u4e0b\u8dcc\u4e2d\u83b7\u5229\uff0c\u5982\u4f55\u7ba1\u7406\u98ce\u9669\u4ee5\u53ca\u5982\u4f55\u4f7f\u7528\u5bf9\u51b2\u7b56\u7565\u3002","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/pages\/585194","og_locale":"en_US","og_type":"article","og_title":"\u4ec0\u4e48\u662f\u505a\u7a7a\uff1f\u505a\u7a7a\u4ea4\u6613\u5165\u95e8\u6307\u5357 | eToro","og_description":"\u4e86\u89e3\u505a\u7a7a\u4ea4\u6613\u7684\u8fd0\u4f5c\u539f\u7406\uff0c\u5b66\u4e60\u5982\u4f55\u4ece\u5e02\u573a\u4e0b\u8dcc\u4e2d\u83b7\u5229\uff0c\u5982\u4f55\u7ba1\u7406\u98ce\u9669\u4ee5\u53ca\u5982\u4f55\u4f7f\u7528\u5bf9\u51b2\u7b56\u7565\u3002","og_url":"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/pages\/585194","og_site_name":"e\u6295\u777f","article_publisher":"https:\/\/www.facebook.com\/eToro\/","article_modified_time":"2026-03-31T06:58:52+00:00","og_image":[{"width":375,"height":270,"url":"https:\/\/www.etoro.com\/wp-content\/uploads\/2022\/05\/Mobile-short-selling.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_image":"https:\/\/www.etoro.com\/wp-content\/uploads\/2022\/05\/Mobile-short-selling.png","twitter_site":"@eToro","twitter_misc":{"Est. reading time":"12 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/","url":"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/","name":"\u4ec0\u4e48\u662f\u505a\u7a7a\uff1f\u505a\u7a7a\u4ea4\u6613\u5165\u95e8\u6307\u5357 | eToro","isPartOf":{"@id":"https:\/\/www.etoro.com\/zh\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/#primaryimage"},"image":{"@id":"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/#primaryimage"},"thumbnailUrl":"https:\/\/www.etoro.com\/wp-content\/uploads\/2026\/03\/ZH-Short-Selling_1200x630.png","datePublished":"2022-05-12T15:08:17+00:00","dateModified":"2026-03-31T06:58:52+00:00","description":"\u4e86\u89e3\u505a\u7a7a\u4ea4\u6613\u7684\u8fd0\u4f5c\u539f\u7406\uff0c\u5b66\u4e60\u5982\u4f55\u4ece\u5e02\u573a\u4e0b\u8dcc\u4e2d\u83b7\u5229\uff0c\u5982\u4f55\u7ba1\u7406\u98ce\u9669\u4ee5\u53ca\u5982\u4f55\u4f7f\u7528\u5bf9\u51b2\u7b56\u7565\u3002","breadcrumb":{"@id":"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/#breadcrumb"},"inLanguage":"zh-hans","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.etoro.com\/zh\/trading\/short-selling\/"]}]},{"@type":"ImageObject","inLanguage":"zh-hans","@id":"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/#primaryimage","url":"https:\/\/www.etoro.com\/wp-content\/uploads\/2026\/03\/ZH-Short-Selling_1200x630.png","contentUrl":"https:\/\/www.etoro.com\/wp-content\/uploads\/2026\/03\/ZH-Short-Selling_1200x630.png","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/www.etoro.com\/zh\/trading\/short-selling\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u4e3b\u9875","item":"https:\/\/www.etoro.com\/zh\/"},{"@type":"ListItem","position":2,"name":"\u4ea4\u6613","item":"https:\/\/www.etoro.com\/zh\/trading\/"},{"@type":"ListItem","position":3,"name":"\u505a\u7a7a\u53ca\u5176\u8fd0\u4f5c\u6a21\u5f0f"}]},{"@type":"WebSite","@id":"https:\/\/www.etoro.com\/zh\/#website","url":"https:\/\/www.etoro.com\/zh\/","name":"e\u6295\u777f","description":"","publisher":{"@id":"https:\/\/www.etoro.com\/zh\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.etoro.com\/zh\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"zh-hans"},[]]}},"_links":{"self":[{"href":"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/pages\/585194"}],"collection":[{"href":"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/comments?post=585194"}],"version-history":[{"count":0,"href":"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/pages\/585194\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/pages\/18381"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/media\/1250228"}],"wp:attachment":[{"href":"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/media?parent=585194"}],"wp:term":[{"taxonomy":"asset_type","embeddable":true,"href":"https:\/\/www.etoro.com\/zh\/wp-json\/wp\/v2\/asset_type?post=585194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}