{"id":659149,"date":"2025-05-16T15:00:19","date_gmt":"2025-05-16T13:00:19","guid":{"rendered":"https:\/\/ftmo.com\/?p=659149"},"modified":"2025-05-16T15:22:56","modified_gmt":"2025-05-16T13:22:56","slug":"chcete-jit-proti-trhu-pozor-na-risk-management-a-ego","status":"publish","type":"post","link":"https:\/\/ftmo.com\/cs\/chcete-jit-proti-trhu-pozor-na-risk-management-a-ego\/","title":{"rendered":"Chcete j\u00edt proti trhu? Pozor na risk management a ego"},"content":{"rendered":"
Mezi tradery a investory existuje nezanedbateln\u00e1 skupina t\u011bch, kte\u0159\u00ed nejsou ochotni nebo schopni otev\u00edrat kr\u00e1tk\u00e9 pozice a spekuluj\u00ed pouze na r\u016fst dan\u00e9ho investi\u010dn\u00edho instrumentu. Krom\u011b nich v\u0161ak existuj\u00ed tak\u00e9 trade\u0159i, kte\u0159\u00ed to zase d\u011blaj\u00ed \u00fapln\u011b opa\u010dn\u011b.<\/em><\/p>\n To, \u017ee n\u011bkte\u0159\u00ed trade\u0159i maj\u00ed probl\u00e9m s\u00a0otev\u00edr\u00e1n\u00edm kr\u00e1tk\u00fdch pozic<\/a>, se m\u016f\u017ee zd\u00e1t na prvn\u00ed pohled logick\u00e9. Zejm\u00e9na u dlouhodob\u00fdch investor\u016f, kte\u0159\u00ed ukl\u00e1daj\u00ed sv\u00e9 prost\u0159edky nap\u0159\u00edklad do akci\u00ed, je shortov\u00e1n\u00ed nepraktick\u00e9 nebo technicky t\u00e9m\u011b\u0159 nemo\u017en\u00e9, tak\u017ee se tomuto postoji nelze moc divit. U kr\u00e1tkodob\u00fdch obchod\u016f vyu\u017e\u00edvaj\u00edc\u00edch p\u00e1ku u\u017e to moc smysl ned\u00e1v\u00e1, ale neochota shortovat se zde d\u00e1 omluvit psychologick\u00fdmi bloky nebo strachem.<\/p>\n Opa\u010dn\u00fdm extr\u00e9mem je skupina trader\u016f, kte\u0159\u00ed naopak otev\u00edraj\u00ed pouze short pozice a long pozic\u00edm se vyh\u00fdbaj\u00ed. Jedn\u00edm z jejich nej\u010dast\u011bj\u0161\u00edch d\u016fvod\u016f je mo\u017enost na vyd\u011blat shortech rychleji velk\u00e9 pen\u00edze, proto\u017ee propady jsou mnohem rychlej\u0161\u00ed ne\u017e r\u016fst. Je pravdou, \u017ee r\u016fst nap\u0159\u00edklad u akci\u00ed je ve v\u011bt\u0161in\u011b p\u0159\u00edpad\u016f pozvoln\u00fd a dlouhodob\u00fd, ale kdy\u017e u\u017e dojde k propadu ceny, je to pom\u011brn\u011b rychl\u00e9. Medv\u011bd\u00ed trhy v\u011bt\u0161inou netrvaj\u00ed dlouho (relativn\u011b \u0159e\u010deno), ale jsou velmi v\u00fdrazn\u00e9, tak\u017ee na tom m\u016f\u017ee b\u00fdt n\u011bco pravdy. Jeden diskutuj\u00edc\u00ed na Redditu to shrnul slovy, \u017ee shorty se pohybuj\u00ed v\u00fdtahem, zat\u00edmco longy jedou na eskal\u00e1torech (nebo jsou po schodech).<\/p>\n Krom\u011b toho tento p\u0159\u00edstup vych\u00e1z\u00ed z\u00a0p\u0159esv\u011bd\u010den\u00ed, \u017ee nic nem\u016f\u017ee r\u016fst donekone\u010dna. To je sice pravda, a dokonce to plat\u00ed i u akci\u00ed, u nich\u017e maj\u00ed investo\u0159i nej\u010dast\u011bji tendenci o\u010dek\u00e1vat neust\u00e1l\u00fd r\u016fst sm\u011brem nahoru. Probl\u00e9m s\u00a0t\u00edmto p\u0159\u00edstupem ale m\u016f\u017ee b\u00fdt v tom, \u017ee odhadnout spr\u00e1vn\u00fd moment, kdy se trhy obr\u00e1t\u00ed a za\u010dnou klesat, je pom\u011brn\u011b slo\u017eit\u00e9. Mnoho ne\u00fasp\u011b\u0161n\u00fdch kontrari\u00e1n\u016f mezi akciov\u00fdmi investory to potvrd\u00ed, proto\u017ee t\u00edmto p\u0159\u00edstupem p\u0159i\u0161li o mnoho pen\u011bz.<\/p>\n<\/a><\/p>\n
Short v\u00e1m vyd\u011bl\u00e1 rychleji?<\/h2>\n
Nic neroste do nebes<\/h2>\n