{"id":8014,"date":"2026-08-24T16:10:43","date_gmt":"2026-08-24T08:10:43","guid":{"rendered":"https:\/\/www.xinyixx.com\/?p=8014"},"modified":"2026-08-24T16:10:43","modified_gmt":"2026-08-24T08:10:43","slug":"stock-2","status":"publish","type":"post","link":"https:\/\/www.xinyixx.com\/index.php\/2026\/08\/24\/stock-2\/","title":{"rendered":"\u4e00\u6587\u8bfb\u61c2\u300a\u80a1\u7968\u5927\u4f5c\u624b\u56de\u5fc6\u5f55\u300b"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>Reminiscences of a Stock Operator<\/em>\uff0cEdwin Lef\u00e8vre\uff0c1923 \u4e00\u672c\u5199\u4e8e\u4e00\u767e\u5e74\u524d\u3001\u81f3\u4eca\u4ecd\u662f\u534e\u5c14\u8857\u5fc5\u8bfb\u4e66\u76ee\u7684\u4ea4\u6613\u8005\u81ea\u767d\u3002 \u672c\u6587\u76ee\u6807\uff1a\u8bfb\u5b8c\u8fd9\u4e00\u7bc7\uff0c\u4f60\u80fd\u638c\u63e1\u8fd9\u672c\u4e66\u7684\u5168\u90e8\u9aa8\u67b6\u3001\u6838\u5fc3\u65b9\u6cd5\u3001\u5386\u53f2\u8bed\u5883\uff0c\u4ee5\u53ca\u5b83<strong>\u6ca1\u544a\u8bc9\u4f60\u7684\u90a3\u90e8\u5206\u771f\u76f8<\/strong>\u3002<\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\u76ee\u5f55<\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li>\u8fd9\u662f\u4e00\u672c\u4ec0\u4e48\u4e66<\/li>\n\n\n\n<li>\u8bfb\u61c2\u5b83\u5fc5\u987b\u5148\u61c2\u7684\u65f6\u4ee3\u80cc\u666f<\/li>\n\n\n\n<li>\u4e3b\u4eba\u516c\u7684\u4e00\u751f\uff1a\u4e94\u8d77\u4e94\u843d<\/li>\n\n\n\n<li>\u6838\u5fc3\u4ea4\u6613\u601d\u60f3\uff08\u672c\u4e66\u7cbe\u534e\uff09<\/li>\n\n\n\n<li>\u516d\u4e2a\u5fc5\u987b\u8bfb\u61c2\u7684\u7ecf\u5178\u6865\u6bb5<\/li>\n\n\n\n<li>\u8fd9\u672c\u4e66\u6ca1\u544a\u8bc9\u4f60\u7684\u4e8b<\/li>\n\n\n\n<li>\u6279\u5224\u6027\u8bc4\u8ff0\uff1a\u54ea\u4e9b\u8fc7\u65f6\u4e86\uff0c\u54ea\u4e9b\u8fd8\u6d3b\u7740<\/li>\n\n\n\n<li>\u4e0e\u73b0\u4ee3\u4ea4\u6613\u6846\u67b6\u7684\u6620\u5c04<\/li>\n\n\n\n<li>\u9605\u8bfb\u6307\u5357<\/li>\n\n\n\n<li>\u4e00\u9875\u901f\u67e5\u5361<\/li>\n<\/ol>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\u4e00\u3001\u8fd9\u662f\u4e00\u672c\u4ec0\u4e48\u4e66<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">1.1 \u57fa\u672c\u4fe1\u606f<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u9879\u76ee<\/th><th>\u5185\u5bb9<\/th><\/tr><\/thead><tbody><tr><td>\u539f\u540d<\/td><td><em>Reminiscences of a Stock Operator<\/em><\/td><\/tr><tr><td>\u4f5c\u8005<\/td><td>\u57c3\u5fb7\u6e29\u00b7\u52d2\u83f2\u5f17\uff08Edwin Lef\u00e8vre\uff09\uff0c\u8d22\u7ecf\u8bb0\u8005\u3001\u5c0f\u8bf4\u5bb6<\/td><\/tr><tr><td>\u6210\u4e66<\/td><td>1922\u20131923 \u5e74\u8fde\u8f7d\u4e8e\u300a\u661f\u671f\u516d\u665a\u90ae\u62a5\u300b\uff0c1923 \u5e74\u7ed3\u96c6\u51fa\u7248<\/td><\/tr><tr><td>\u4f53\u88c1<\/td><td><strong>\u7b2c\u4e00\u4eba\u79f0\u5c0f\u8bf4\u4f53\u4f20\u8bb0<\/strong>\u2014\u2014\u4e0d\u662f\u81ea\u4f20\uff0c\u4e5f\u4e0d\u662f\u7eaf\u865a\u6784<\/td><\/tr><tr><td>\u4e3b\u4eba\u516c<\/td><td>\u62c9\u91cc\u00b7\u5229\u6587\u65af\u987f\uff08Larry Livingston\uff09\uff0c\u5316\u540d<\/td><\/tr><tr><td>\u539f\u578b<\/td><td><strong>\u6770\u897f\u00b7\u5229\u5f17\u83ab\u5c14<\/strong>\uff08Jesse Lauriston Livermore\uff0c1877\u20131940\uff09<\/td><\/tr><tr><td>\u65f6\u95f4\u8de8\u5ea6<\/td><td>\u7ea6 1893 \u5e74\u81f3 1923 \u5e74\uff0c\u4e09\u5341\u5e74<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">1.2 \u4e00\u4e2a\u5173\u952e\u7684\u4f53\u88c1\u95ee\u9898<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u672c\u4e66<strong>\u4e0d\u662f\u5229\u5f17\u83ab\u5c14\u5199\u7684<\/strong>\u3002\u5b83\u662f\u8bb0\u8005\u52d2\u83f2\u5f17\u5bf9\u5229\u5f17\u83ab\u5c14\u505a\u4e86\u5927\u91cf\u8bbf\u8c08\u4e4b\u540e\uff0c\u7528\u5c0f\u8bf4\u7b14\u6cd5\u91cd\u6784\u7684\u7b2c\u4e00\u4eba\u79f0\u53d9\u8ff0\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u5e26\u6765\u4e09\u4e2a\u540e\u679c\uff0c\u8bfb\u7684\u65f6\u5019\u5fc5\u987b\u8bb0\u4f4f\uff1a<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\u53ef\u8bfb\u6027\u6781\u9ad8<\/strong>\u2014\u2014\u5b83\u6709\u5c0f\u8bf4\u7684\u8282\u594f\u3001\u5bf9\u8bdd\u548c\u60ac\u5ff5\uff0c\u8fd9\u662f\u5b83\u80fd\u6d41\u4f20\u767e\u5e74\u7684\u91cd\u8981\u539f\u56e0\uff0c\u4e5f\u662f\u540c\u7c7b\u4ea4\u6613\u4e66\u505a\u4e0d\u5230\u7684\uff1b<\/li>\n\n\n\n<li><strong>\u7ec6\u8282\u7ecf\u8fc7\u6587\u5b66\u52a0\u5de5<\/strong>\u2014\u2014\u5177\u4f53\u6570\u5b57\u3001\u5bf9\u8bdd\u672a\u5fc5\u9010\u5b57\u5c5e\u5b9e\uff0c\u4e0d\u5e94\u5f53\u4f5c\u53f2\u6599\u5f15\u7528\uff1b<\/li>\n\n\n\n<li><strong>\u601d\u60f3\u5185\u6838\u662f\u53ef\u4fe1\u7684<\/strong>\u2014\u2014\u5229\u5f17\u83ab\u5c14\u540e\u6765\u5728\u81ea\u5df1\u5199\u7684\u300a\u80a1\u7968\u5927\u4f5c\u624b\u64cd\u76d8\u672f\u300b\uff08<em>How to Trade in Stocks<\/em>, 1940\uff09\u4e2d\u91cd\u590d\u4e86\u4e66\u91cc\u7684\u7edd\u5927\u591a\u6570\u539f\u5219\uff0c\u4e24\u8005\u9ad8\u5ea6\u4e92\u8bc1\u3002<\/li>\n<\/ol>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>\u4e00\u53e5\u8bdd\u5b9a\u4f4d<\/strong>\uff1a\u8fd9\u4e0d\u662f\u4e00\u672c&#8221;\u6559\u4f60\u600e\u4e48\u8d5a\u94b1&#8221;\u7684\u64cd\u4f5c\u624b\u518c\uff0c\u800c\u662f\u4e00\u4efd<strong>\u5173\u4e8e\u4ea4\u6613\u8005\u5982\u4f55\u88ab\u81ea\u5df1\u7684\u4eba\u6027\u53cd\u590d\u6467\u6bc1\u3001\u53c8\u5982\u4f55\u4e00\u6b21\u6b21\u91cd\u5efa\u7684\u5b9e\u5f55<\/strong>\u3002\u5b83\u7684\u4ef7\u503c\u5728\u5fc3\u7406\u5b66\uff0c\u4e0d\u5728\u6280\u6cd5\u3002<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\">1.3 \u4e3a\u4ec0\u4e48\u4e00\u767e\u5e74\u540e\u8fd8\u5728\u88ab\u8bfb<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u56e0\u4e3a\u5b83\u547d\u4e2d\u4e86\u4e00\u4e2a\u4e0d\u53d8\u91cf\uff1a<strong>\u6280\u672f\u5728\u53d8\u3001\u54c1\u79cd\u5728\u53d8\u3001\u76d1\u7ba1\u5728\u53d8\uff0c\u4f46\u5e02\u573a\u53c2\u4e0e\u8005\u7684\u4eba\u6027\u4e0d\u53d8\u3002<\/strong> \u4e66\u91cc\u90a3\u4e2a 1907 \u5e74\u56e0\u4e3a\u8d2a\u5a6a\u800c\u4e0d\u80af\u6b62\u635f\u7684\u4eba\uff0c\u548c\u4eca\u5929\u5728\u624b\u673a\u4e0a\u8865\u4ed3\u7684\u4eba\uff0c\u662f\u540c\u4e00\u4e2a\u4eba\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\u4e8c\u3001\u8bfb\u61c2\u5b83\u5fc5\u987b\u5148\u61c2\u7684\u65f6\u4ee3\u80cc\u666f<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u7edd\u5927\u591a\u6570\u4eba\u8bfb\u8fd9\u672c\u4e66\u8bfb\u4e0d\u8fdb\u53bb\uff0c\u662f\u56e0\u4e3a\u4e0d\u7406\u89e3 1900 \u5e74\u524d\u540e\u7684\u4ea4\u6613\u73af\u5883\u3002\u8fd9\u4e00\u8282\u662f\u7406\u89e3\u5168\u4e66\u7684\u94a5\u5319\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2.1 \u62a5\u4ef7\u673a\uff08Stock Ticker\uff09<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e00\u53f0\u7535\u62a5\u9a71\u52a8\u7684\u673a\u5668\uff0c\u628a\u4ea4\u6613\u6240\u7684\u6210\u4ea4\u4ef7\u6253\u5370\u5728\u4e00\u6761\u4e0d\u65ad\u5410\u51fa\u7684\u7eb8\u5e26\u4e0a\uff08tape\uff09\u3002\u8fd9\u662f\u5f53\u65f6<strong>\u552f\u4e00\u7684\u5b9e\u65f6\u884c\u60c5<\/strong>\u2014\u2014\u6ca1\u6709 K \u7ebf\u56fe\uff0c\u6ca1\u6709\u5206\u65f6\u56fe\uff0c\u6ca1\u6709\u6307\u6807\uff0c\u53ea\u6709\u4e00\u6761\u4e0d\u65ad\u6eda\u52a8\u7684\u4ef7\u683c\u6570\u5b57\u6d41\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e66\u4e2d\u53cd\u590d\u51fa\u73b0\u7684 <strong>&#8220;read the tape&#8221;\uff08\u8bfb\u7eb8\u5e26\uff09<\/strong>\uff0c\u6307\u7684\u5c31\u662f\u4ece\u8fd9\u6761\u6570\u5b57\u6d41\u4e2d\u8bfb\u51fa\u8d44\u91d1\u8fdb\u51fa\u7684\u8282\u594f\u3002\u5b83\u662f\u4eca\u5929\u6240\u6709&#8221;\u76d8\u611f&#8221;&#8221;\u76d8\u53e3&#8221;\u6982\u5ff5\u7684\u6e90\u5934\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2.2 \u5bf9\u8d4c\u884c\uff08Bucket Shop\uff09<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u662f\u5168\u4e66\u524d\u4e09\u5206\u4e4b\u4e00\u7684\u821e\u53f0\uff0c\u4e5f\u662f\u6700\u5bb9\u6613\u88ab\u4e2d\u6587\u8bfb\u8005\u8bef\u89e3\u7684\u6982\u5ff5\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5bf9\u8d4c\u884c\u4e0d\u662f\u5238\u5546\u3002<\/strong> \u5b83\u662f\u8fd9\u6837\u8fd0\u4f5c\u7684\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u4f60\u8d70\u8fdb\u5e97\u91cc\uff0c\u8bf4&#8221;\u6211\u4e70 100 \u80a1\u67d0\u67d0\u80a1\u7968&#8221;\uff0c\u4ea4\u94b1\uff1b<\/li>\n\n\n\n<li><strong>\u8fd9\u7b14\u5355\u5b50\u6839\u672c\u4e0d\u4f1a\u9001\u5230\u4ea4\u6613\u6240<\/strong>\uff0c\u5e97\u5bb6\u81ea\u5df1\u63a5\u4e0b\u6765\u505a\u4f60\u7684\u5bf9\u624b\u65b9\uff1b<\/li>\n\n\n\n<li>\u4fdd\u8bc1\u91d1\u6781\u4f4e\uff08\u901a\u5e38\u53ea\u9700 <strong>1 \u4e2a\u70b9<\/strong>\uff0c\u5373\u4ef7\u683c\u53cd\u5411\u6ce2\u52a8 1% \u5c31\u7206\u4ed3\uff09\uff1b<\/li>\n\n\n\n<li>\u4f60\u8d5a\u94b1 = \u5e97\u5bb6\u4e8f\u94b1\uff0c\u4f60\u4e8f\u94b1 = \u5e97\u5bb6\u8d5a\u94b1\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u8fd9\u610f\u5473\u7740\u4e24\u4ef6\u4e8b\uff1a<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u540e\u679c<\/th><th>\u8bf4\u660e<\/th><\/tr><\/thead><tbody><tr><td>\u6781\u7aef\u6760\u6746\u8bad\u7ec3<\/td><td>1 \u4e2a\u70b9\u5c31\u7206\u4ed3\uff0c\u903c\u8feb\u5c11\u5e74\u65f6\u671f\u7684\u4e3b\u4eba\u516c\u628a&#8221;\u5224\u65ad\u77ed\u671f\u65b9\u5411&#8221;\u7ec3\u5230\u6781\u81f4<\/td><\/tr><tr><td>\u4e0e\u5e84\u5bb6\u76f4\u63a5\u5bf9\u7acb<\/td><td>\u4f60\u8d62\u591a\u4e86\uff0c\u5e97\u5bb6\u4f1a\u62d2\u7edd\u63a5\u5355\u3001\u628a\u4f60\u8d76\u51fa\u53bb\uff0c\u751a\u81f3\u7528\u5047\u62a5\u4ef7&#8221;\u6d17&#8221;\u4f60\u51fa\u5c40<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e3b\u4eba\u516c\u5341\u51e0\u5c81\u5c31\u628a\u65b0\u82f1\u683c\u5170\u5404\u5730\u7684\u5bf9\u8d4c\u884c\u8d62\u5230\u5168\u90e8\u62d2\u7edd\u63a5\u5f85\uff0c\u56e0\u6b64\u5f97\u5230\u7ef0\u53f7 <strong>&#8220;\u5c11\u5e74\u8d4c\u5ba2&#8221;\uff08Boy Plunger\uff09<\/strong>\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>\u8fd9\u4e2a\u80cc\u666f\u81f3\u5173\u91cd\u8981<\/strong>\uff1a\u4ed6\u7684\u7b2c\u4e00\u5957\u4ea4\u6613\u672c\u9886\uff0c\u662f\u5728\u4e00\u4e2a<strong>\u6ca1\u6709\u6ed1\u70b9\u3001\u6ca1\u6709\u51b2\u51fb\u6210\u672c\u3001\u53ef\u4ee5\u77ac\u95f4\u8fdb\u51fa<\/strong>\u7684\u4eba\u9020\u73af\u5883\u91cc\u7ec3\u6210\u7684\u3002\u540e\u9762\u4ed6\u5230\u771f\u6b63\u7684\u4ea4\u6613\u6240\u8fde\u7eed\u5de8\u4e8f\uff0c\u6839\u6e90\u5c31\u5728\u8fd9\u91cc\u2014\u2014\u8fd9\u662f\u5168\u4e66\u7b2c\u4e00\u4e2a\u3001\u4e5f\u662f\u6700\u91cd\u8981\u7684\u6559\u8bad\u3002<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\">2.3 \u5f53\u65f6\u7684\u5e02\u573a\u751f\u6001<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u6ca1\u6709 SEC<\/strong>\uff08\u7f8e\u56fd\u8bc1\u76d1\u4f1a 1934 \u5e74\u624d\u6210\u7acb\uff09\u3002\u64cd\u7eb5\u80a1\u4ef7\u3001\u62c9\u62ac\u6d3e\u53d1\u3001\u5185\u5e55\u4ea4\u6613\u5728\u5f53\u65f6<strong>\u57fa\u672c\u5408\u6cd5<\/strong>\uff1b<\/li>\n\n\n\n<li><strong>\u6d88\u606f\u6781\u4e0d\u5bf9\u79f0<\/strong>\uff1a\u8d22\u62a5\u6ede\u540e\u3001\u65e0\u5f3a\u5236\u62ab\u9732\uff0c&#8221;\u5185\u5e55\u4eba&#8221;\u7684\u8bdd\u5f80\u5f80\u662f\u523b\u610f\u653e\u51fa\u7684\u8bf1\u9975\uff1b<\/li>\n\n\n\n<li><strong>\u5e02\u573a\u7531\u5927\u8d44\u91d1\u4e3b\u5bfc<\/strong>\uff1aJ.P. \u6469\u6839\u8fd9\u6837\u7684\u4e2a\u4eba\u80fd\u51ed\u4e00\u5df1\u4e4b\u529b\u7a33\u5b9a\u6574\u4e2a\u5e02\u573a\uff1b<\/li>\n\n\n\n<li><strong>\u4ea4\u6613\u54c1\u79cd\u5c11<\/strong>\uff1a\u4e3b\u8981\u662f\u94c1\u8def\u80a1\u3001\u94dc\u77ff\u80a1\u3001\u94a2\u94c1\u80a1\uff0c\u4ee5\u53ca\u5927\u5b97\u5546\u54c1\uff08\u68c9\u82b1\u3001\u5c0f\u9ea6\u3001\u5496\u5561\uff09\u3002<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\u4e09\u3001\u4e3b\u4eba\u516c\u7684\u4e00\u751f\uff1a\u4e94\u8d77\u4e94\u843d<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u662f\u5168\u4e66\u7684\u53d9\u4e8b\u9aa8\u67b6\u3002<strong>\u6bcf\u4e00\u6b21\u7834\u4ea7\u90fd\u5bf9\u5e94\u4e00\u4e2a\u5177\u4f53\u7684\u8ba4\u77e5\u7f3a\u9677\uff0c\u6bcf\u4e00\u6b21\u4e1c\u5c71\u518d\u8d77\u90fd\u5bf9\u5e94\u4e00\u6b21\u539f\u5219\u7684\u5347\u7ea7\u3002<\/strong> \u6309\u8fd9\u6761\u7ebf\u8bfb\uff0c\u5168\u4e66\u7acb\u523b\u6e05\u6670\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u9636\u6bb5\u4e00\uff1a\u5bf9\u8d4c\u884c\u7684\u5c11\u5e74\uff08\u7ea6 14\u201320 \u5c81\uff09<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>15 \u5c81\u5728\u8bc1\u5238\u516c\u53f8\u505a\u62a5\u4ef7\u677f\u6284\u5199\u5458\uff0c\u9760\u8bb0\u5fc6\u4ef7\u683c\u6570\u5b57\u5efa\u7acb\u6700\u521d\u7684\u6a21\u5f0f\u611f\uff1b<\/li>\n\n\n\n<li>\u7b2c\u4e00\u7b14\u4ea4\u6613\u8d5a\u4e86\u51e0\u7f8e\u5143\uff0c\u4ece\u6b64\u8d70\u4e0a\u8fd9\u6761\u8def\uff1b<\/li>\n\n\n\n<li>\u5728\u5bf9\u8d4c\u884c\u4e2d\u6a2a\u626b\uff0c\u79ef\u7d2f\u5230\u7b2c\u4e00\u6876\u91d1\uff1b<\/li>\n\n\n\n<li><strong>\u88ab\u6240\u6709\u5bf9\u8d4c\u884c\u5c01\u6740<\/strong>\uff0c\u88ab\u8feb\u8f6c\u6218\u7ebd\u7ea6\u771f\u6b63\u7684\u4ea4\u6613\u6240\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u8fd9\u4e00\u9636\u6bb5\u5b66\u5230\u7684<\/strong>\uff1a\u4ef7\u683c\u7684\u77ed\u671f\u6ce2\u52a8\u5b58\u5728\u53ef\u8bc6\u522b\u7684\u91cd\u590d\u6a21\u5f0f\u3002 <strong>\u8fd9\u4e00\u9636\u6bb5\u57cb\u4e0b\u7684\u7978\u6839<\/strong>\uff1a\u628a&#8221;\u65e0\u6469\u64e6\u73af\u5883\u4e0b\u7684\u77ed\u7ebf\u5224\u65ad&#8221;\u8bef\u8ba4\u4e3a\u662f\u666e\u904d\u80fd\u529b\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u9636\u6bb5\u4e8c\uff1a\u7ebd\u7ea6\u9996\u8d25\u2014\u2014\u4e3a\u4ec0\u4e48\u5728\u771f\u4ea4\u6613\u6240\u4f1a\u8f93<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u5230\u4e86\u7ebd\u7ea6\uff0c\u540c\u6837\u7684\u65b9\u6cd5\u5f00\u59cb\u5931\u7075\u3002\u539f\u56e0\u4ed6\u82b1\u4e86\u5f88\u4e45\u624d\u660e\u767d\uff1a<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u5bf9\u8d4c\u884c<\/th><th>\u771f\u5b9e\u4ea4\u6613\u6240<\/th><\/tr><\/thead><tbody><tr><td>\u6309\u62a5\u4ef7\u673a\u4e0a\u7684\u4ef7\u683c\u77ac\u95f4\u6210\u4ea4<\/td><td>\u4e0b\u5355\u5230\u6210\u4ea4\u6709<strong>\u65f6\u6ede<\/strong><\/td><\/tr><tr><td>\u65e0\u51b2\u51fb\u6210\u672c<\/td><td>\u5927\u5355\u4f1a<strong>\u63a8\u52a8\u4ef7\u683c<\/strong>\uff0c\u5b9e\u9645\u6210\u4ea4\u4ef7\u8fdc\u5dee\u4e8e\u770b\u5230\u7684\u4ef7<\/td><\/tr><tr><td>\u53ea\u9700\u5224\u65ad\u65b9\u5411<\/td><td>\u8fd8\u5fc5\u987b\u5224\u65ad<strong>\u6d41\u52a8\u6027\u4e0e\u6267\u884c<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ed6\u628a\u5728\u5bf9\u8d4c\u884c\u7ec3\u6210\u7684&#8221;\u770b\u5230\u4ef7\u683c\u7acb\u523b\u6253&#8221;\u7684\u6253\u6cd5\u642c\u5230\u4ea4\u6613\u6240\uff0c\u7ed3\u679c\u662f\uff1a\u6bcf\u6b21\u5224\u65ad\u5bf9\u4e86\u65b9\u5411\uff0c\u5374\u88ab\u6267\u884c\u6210\u672c\u5403\u6389\u5229\u6da6\u3002<strong>\u7b2c\u4e00\u6b21\u7834\u4ea7\u3002<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>\u73b0\u4ee3\u5bf9\u5e94<\/strong>\uff1a\u8fd9\u662f\u6240\u6709&#8221;\u6a21\u62df\u76d8\u8d5a\u94b1\u3001\u5b9e\u76d8\u4e8f\u94b1&#8221;\u73b0\u8c61\u7684\u4e00\u767e\u5e74\u524d\u7248\u672c\u3002<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\">\u9636\u6bb5\u4e09\uff1a1906\u20131907\uff0c\u7b2c\u4e00\u6b21\u771f\u6b63\u7684\u8f89\u714c<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>1906 \u5e74\u505a\u7a7a\u8054\u5408\u592a\u5e73\u6d0b\u94c1\u8def<\/strong>\uff1a\u5728\u6beb\u65e0\u7406\u7531\uff08\u4ed6\u81ea\u5df1\u627f\u8ba4\u8bf4\u4e0d\u6e05\u539f\u56e0\uff09\u7684\u60c5\u51b5\u4e0b\u91cd\u4ed3\u505a\u7a7a\uff0c\u968f\u540e\u65e7\u91d1\u5c71\u5927\u5730\u9707\u5bfc\u81f4\u94c1\u8def\u80a1\u5d29\u76d8\uff0c\u5927\u8d5a\u4e00\u7b14\uff1b<\/li>\n\n\n\n<li><strong>1907 \u5e74\u6050\u614c<\/strong>\uff1a\u4ed6\u5224\u65ad\u6574\u4e2a\u5e02\u573a\u8d44\u91d1\u94fe\u7d27\u7ef7\uff0c\u5168\u9762\u505a\u7a7a\uff0c\u5728\u5d29\u76d8\u65e5\u8d5a\u5230\u5f53\u65f6\u7684\u5de8\u989d\u8d22\u5bcc\uff1b<\/li>\n\n\n\n<li>\u4f20\u8bf4\u4e2d <strong>J.P. \u6469\u6839\u6d3e\u4eba\u8bf7\u4ed6\u505c\u6b62\u505a\u7a7a<\/strong>\u4ee5\u7a33\u5b9a\u5e02\u573a\u2014\u2014\u8fd9\u662f\u4ed6\u4eba\u751f\u7684\u9ad8\u5149\u65f6\u523b\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u8fd9\u4e00\u9636\u6bb5\u5b66\u5230\u7684<\/strong>\uff1a\u771f\u6b63\u7684\u5927\u94b1\u6765\u81ea<strong>\u5224\u65ad\u5927\u52bf<\/strong>\uff0c\u800c\u4e0d\u662f\u9891\u7e41\u4ea4\u6613\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u9636\u6bb5\u56db\uff1a\u68c9\u82b1\u60e8\u8d25\u4e0e\u7834\u4ea7\uff08\u7ea6 1908\uff09<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u662f\u5168\u4e66<strong>\u6700\u75db\u4e5f\u6700\u6709\u4ef7\u503c<\/strong>\u7684\u4e00\u7ae0\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u4ed6\u5728\u68c9\u82b1\u4e0a\u5df2\u7ecf\u5efa\u7acb\u4e86\u6b63\u786e\u7684\u7a7a\u5934\u5934\u5bf8\uff1b<\/li>\n\n\n\n<li>\u9047\u5230\u5f53\u65f6\u7684&#8221;\u68c9\u82b1\u5927\u738b&#8221;\u73c0\u897f\u00b7\u6258\u9a6c\u65af\uff08Percy Thomas\uff09\u2014\u2014\u4e00\u4f4d\u6781\u5177\u4e2a\u4eba\u9b45\u529b\u548c\u8bf4\u670d\u529b\u7684\u884c\u5bb6\uff1b<\/li>\n\n\n\n<li>\u6258\u9a6c\u65af\u7528\u8be6\u5b9e\u7684\u8bba\u636e\u8bf4\u670d\u4ed6\u76f8\u4fe1\u68c9\u82b1\u4f1a\u6da8\uff1b<\/li>\n\n\n\n<li>\u4ed6<strong>\u5e73\u6389\u4e86\u6b63\u786e\u7684\u7a7a\u5355\uff0c\u53cd\u624b\u505a\u591a<\/strong>\uff1b<\/li>\n\n\n\n<li>\u68c9\u82b1\u4e0b\u8dcc\uff0c\u4ed6\u4e0d\u65ad\u8865\u4ed3\u644a\u5e73\uff0c\u6700\u7ec8\u4e8f\u5149\u4e00\u5207\uff0c\u8d1f\u503a\u7d2f\u7d2f\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u56db\u4e2a\u81f4\u547d\u9519\u8bef\u540c\u65f6\u53d1\u751f\uff1a<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\u542c\u4fe1\u4ed6\u4eba\u7684\u5224\u65ad\uff0c\u653e\u5f03\u81ea\u5df1\u7684\u72ec\u7acb\u5206\u6790<\/strong>\uff1b<\/li>\n\n\n\n<li><strong>\u5e73\u6389\u6b63\u786e\u7684\u5934\u5bf8\uff0c\u7559\u7740\u9519\u8bef\u7684\u5934\u5bf8<\/strong>\uff08\u4ed6\u540e\u6765\u603b\u7ed3\uff1a\u6b63\u786e\u7684\u505a\u6cd5\u6070\u6070\u76f8\u53cd\uff09\uff1b<\/li>\n\n\n\n<li><strong>\u5728\u4e8f\u635f\u4e0a\u52a0\u7801<\/strong>\uff1b<\/li>\n\n\n\n<li><strong>\u5728\u60c5\u7eea\u5931\u8861\u65f6\u7ee7\u7eed\u4ea4\u6613<\/strong>\u2014\u2014\u4ed6\u5766\u627f\u90a3\u6bb5\u65f6\u95f4\u4ed6&#8221;\u4e0d\u5bf9\u52b2&#8221;\uff0c\u672c\u8be5\u505c\u624b\u3002<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">\u9636\u6bb5\u4e94\uff1a\u8c37\u5e95\u4e0e 1915 \u5e74\u7684\u590d\u51fa<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u8d1f\u503a\u7ea6\u767e\u4e07\u7f8e\u5143\uff0c\u4e00\u5ea6\u7533\u8bf7\u7834\u4ea7\uff0c\u5fc3\u7406\u4e0e\u8d22\u52a1\u53cc\u91cd\u5d29\u6e83\uff1b<\/li>\n\n\n\n<li>\u590d\u51fa\u65f6\uff0c\u4e00\u4f4d\u5238\u5546\u7ed9\u4e86\u4ed6\u4e00\u4e2a 500 \u80a1\u7684\u5c0f\u989d\u5ea6\uff1b<\/li>\n\n\n\n<li>\u4ed6<strong>\u8db3\u8db3\u7b49\u4e86\u516d\u5468\u4e0d\u52a8\u624b<\/strong>\uff0c\u53ea\u76ef\u7740\u94a2\u94c1\u80a1\u7684\u4ef7\u683c\u7ed3\u6784\uff1b<\/li>\n\n\n\n<li>\u76f4\u5230\u4ef7\u683c\u7a81\u7834\u4ed6\u5fc3\u4e2d\u7684&#8221;\u5173\u952e\u70b9&#8221;\uff0c\u624d\u7b2c\u4e00\u6b21\u51fa\u624b\uff0c\u4e4b\u540e\u9010\u6b65\u52a0\u4ed3\uff0c\u6162\u6162\u8fd8\u6e05\u5168\u90e8\u503a\u52a1\u3002<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>\u5168\u4e66\u6700\u91cd\u8981\u7684\u4e00\u5e55<\/strong>\uff1a\u4ed6\u5728\u6700\u9700\u8981\u94b1\u7684\u65f6\u5019\uff0c\u4ec0\u4e48\u90fd\u4e0d\u505a\uff0c\u53ea\u662f\u7b49\u3002<strong>\u8fd9\u624d\u662f\u4ed6\u771f\u6b63\u7684\u6838\u5fc3\u80fd\u529b\u3002<\/strong><\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\u56db\u3001\u6838\u5fc3\u4ea4\u6613\u601d\u60f3\uff08\u672c\u4e66\u7cbe\u534e\uff09<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ee5\u4e0b\u5341\u6761\u662f\u4ece\u5168\u4e66\u53d9\u4e8b\u4e2d\u63d0\u70bc\u51fa\u7684\u65b9\u6cd5\u8bba\u9aa8\u67b6\u3002\u5b83\u4eec\u5f7c\u6b64\u5173\u8054\uff0c\u6784\u6210\u4e00\u4e2a\u5b8c\u6574\u4f53\u7cfb\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4.1 \u534e\u5c14\u8857\u6ca1\u6709\u65b0\u9c9c\u4e8b<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u56e0\u4e3a<strong>\u6295\u673a\u50cf\u5c71\u5cb3\u4e00\u6837\u53e4\u8001<\/strong>\uff1a\u5e02\u573a\u4e0a\u4eca\u5929\u53d1\u751f\u7684\u4e8b\uff0c\u4ee5\u524d\u53d1\u751f\u8fc7\uff0c\u4ee5\u540e\u8fd8\u4f1a\u53d1\u751f\u3002\u539f\u56e0\u662f\u9a71\u52a8\u4ef7\u683c\u7684\u4e0d\u662f\u903b\u8f91\uff0c\u662f\u4eba\u6027\u2014\u2014\u800c\u4eba\u6027\u4e0d\u53d8\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u63a8\u8bba<\/strong>\uff1a\u7814\u7a76\u5386\u53f2\u884c\u60c5\u662f\u6709\u610f\u4e49\u7684\uff1b\u8ffd\u9010&#8221;\u8fd9\u6b21\u4e0d\u4e00\u6837&#8221;\u662f\u5371\u9669\u7684\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4.2 \u8d5a\u5927\u94b1\u9760\u7684\u662f&#8221;\u5750&#8221;\uff0c\u4e0d\u662f&#8221;\u4ea4\u6613&#8221;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u5168\u4e66\u6700\u8457\u540d\u7684\u6d1e\u89c1\u3002\u4ed6\u53cd\u590d\u5f3a\u8c03\uff1a\u4ed6\u4e00\u751f\u4e2d\u7684\u5927\u94b1\uff0c\u4ece\u6765\u4e0d\u662f\u9760\u806a\u660e\u7684\u77ed\u7ebf\u64cd\u4f5c\u8d5a\u7684\uff0c\u800c\u662f\u9760<strong>\u5224\u65ad\u5bf9\u4e86\u5927\u65b9\u5411\u4e4b\u540e\uff0c\u4e00\u76f4\u62ff\u7740\u4e0d\u52a8<\/strong>\u8d5a\u7684\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u5224\u65ad\u5bf9\u5e02\u573a\u65b9\u5411\u7684\u4eba<strong>\u5f88\u591a<\/strong>\uff1b<\/li>\n\n\n\n<li>\u5224\u65ad\u5bf9\u4e4b\u540e\u80fd\u62ff\u4f4f\u7684\u4eba<strong>\u6781\u5c11<\/strong>\uff1b<\/li>\n\n\n\n<li>\u5927\u591a\u6570\u4eba\u5728\u6b63\u786e\u7684\u8d8b\u52bf\u91cc\uff0c\u56e0\u4e3a\u4e00\u70b9\u56de\u8c03\u5c31\u4e0b\u8f66\uff0c\u7136\u540e\u773c\u7741\u7741\u770b\u7740\u884c\u60c5\u8d70\u5b8c\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u8fd9\u6761\u4e0e&#8221;\u9891\u7e41\u4ea4\u6613&#8221;\u662f\u6839\u672c\u5bf9\u7acb\u7684\u3002<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4.3 \u53ea\u505a&#8221;\u963b\u529b\u6700\u5c0f\u7684\u8def\u7ebf&#8221;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ed6\u4e0d\u95ee&#8221;\u8fd9\u53ea\u80a1\u7968\u8be5\u503c\u591a\u5c11\u94b1&#8221;\uff0c\u53ea\u95ee&#8221;<strong>\u76ee\u524d\u963b\u529b\u6700\u5c0f\u7684\u65b9\u5411\u662f\u54ea\u8fb9<\/strong>&#8220;\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u4e0a\u6da8\u8fc7\u7a0b\u4e2d\u6bcf\u6b21\u56de\u8c03\u90fd\u88ab\u8fc5\u901f\u4e70\u56de \u2192 \u963b\u529b\u6700\u5c0f\u7684\u65b9\u5411\u5411\u4e0a\uff1b<\/li>\n\n\n\n<li>\u53cd\u5f39\u603b\u662f\u65e0\u529b\u3001\u7f13\u6162\u3001\u7f29\u91cf \u2192 \u963b\u529b\u6700\u5c0f\u7684\u65b9\u5411\u5411\u4e0b\uff1b<\/li>\n\n\n\n<li>\u627e\u4e0d\u51fa\u65b9\u5411\u65f6 \u2192 <strong>\u5e02\u573a\u6ca1\u6709\u660e\u786e\u7684\u963b\u529b\u65b9\u5411\uff0c\u6b64\u65f6\u4e0d\u8be5\u6709\u4ed3\u4f4d<\/strong>\u3002<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u8fd9\u662f\u7eaf\u7cb9\u7684<strong>\u53f3\u4fa7\u4ea4\u6613<\/strong>\u601d\u7ef4\uff1a\u4e0d\u9884\u6d4b\u8f6c\u6298\uff0c\u53ea\u786e\u8ba4\u65b9\u5411\u5df2\u7ecf\u5f62\u6210\u3002<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\">4.4 \u5173\u952e\u70b9\uff08Pivotal Point\uff09<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ed6\u7b49\u5f85\u7684\u4e0d\u662f&#8221;\u4f4e\u4ef7&#8221;\uff0c\u800c\u662f<strong>\u4ef7\u683c\u7ed3\u6784\u4e0a\u7684\u5173\u952e\u4f4d\u7f6e<\/strong>\u2014\u2014\u901a\u5e38\u662f\u957f\u671f\u6574\u7406\u533a\u95f4\u7684\u8fb9\u754c\uff0c\u6216\u662f\u6574\u6570\u5173\u53e3\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u4ef7\u683c\u5728\u5173\u952e\u70b9<strong>\u653e\u91cf\u7a81\u7834<\/strong>\u4e14\u4e0d\u56de\u5934 \u2192 \u8d8b\u52bf\u53ef\u80fd\u542f\u52a8\uff0c\u6b64\u65f6\u624d\u662f\u4ecb\u5165\u70b9\uff1b<\/li>\n\n\n\n<li>\u4ef7\u683c\u5230\u8fbe\u5173\u952e\u70b9\u5374<strong>\u65e0\u6cd5\u7a81\u7834<\/strong>\u3001\u8fc5\u901f\u56de\u843d \u2192 \u4fe1\u53f7\u5931\u8d25\uff0c\u53cd\u5411\u53ef\u80fd\u66f4\u5f3a\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u8fd9\u5957\u903b\u8f91\u662f\u540e\u4e16&#8221;\u7a81\u7834\u4ea4\u6613&#8221;\uff08Breakout Trading\uff09\u7684\u76f4\u63a5\u6e90\u5934<\/strong>\uff0c\u4e5f\u5f71\u54cd\u4e86\u540e\u6765\u7684\u8fbe\u74e6\u65af\u7bb1\u4f53\u3001\u6b27\u5948\u5c14\u676f\u67c4\u5f62\u6001\u7b49\u4f53\u7cfb\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4.5 \u8bd5\u63a2\u5efa\u4ed3 + \u53ea\u5728\u76c8\u5229\u4e0a\u52a0\u7801\uff08\u91d1\u5b57\u5854\uff09<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ed6\u7684\u4ed3\u4f4d\u7ba1\u7406\u6a21\u578b\u662f\u8fd9\u6837\u7684\uff1a<\/p>\n\n\n\n<pre class=\"wp-block-code\"><code>\u7b2c\u4e00\u7b14\uff1a\u5c0f\u4ed3\u4f4d\u8bd5\u63a2  \u2192  \u4e8f\u635f\uff1f  \u7acb\u523b\u8ba4\u9519\u79bb\u573a\uff0c\u4e0d\u644a\u5e73\n                    \u2192  \u76c8\u5229\uff1f  \u8bf4\u660e\u5224\u65ad\u6b63\u786e\uff0c\u518d\u52a0\u7b2c\u4e8c\u7b14\n\u7b2c\u4e8c\u7b14\u76c8\u5229  \u2192  \u52a0\u7b2c\u4e09\u7b14\n...\n\u6bcf\u4e00\u7b14\u52a0\u4ed3\u90fd\u5efa\u7acb\u5728\"\u524d\u9762\u7684\u4ed3\u4f4d\u5df2\u7ecf\u8bc1\u660e\u6211\u662f\u5bf9\u7684\"\u4e4b\u4e0a\n<\/code><\/pre>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5173\u952e\u7eaa\u5f8b\uff1a\u7edd\u4e0d\u5411\u4e0b\u644a\u5e73\u4e8f\u635f\u5934\u5bf8\u3002<\/strong> \u4ed6\u628a&#8221;\u644a\u5e73\u4e8f\u635f&#8221;\u79f0\u4e3a\u4ea4\u6613\u8005\u6700\u5e38\u89c1\u4e5f\u6700\u81f4\u547d\u7684\u9519\u8bef\u2014\u2014\u56e0\u4e3a\u5b83\u628a\u4e00\u4e2a\u5c0f\u9519\u8bef\u53d8\u6210\u4e86\u4e00\u573a\u707e\u96be\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4.6 \u65f6\u673a\uff08Timing\uff09\u6bd4\u65b9\u5411\u66f4\u96be<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ed6\u5f3a\u8c03\u81ea\u5df1\u65e0\u6570\u6b21&#8221;\u770b\u5bf9\u4e86\u4f46\u505a\u65e9\u4e86&#8221;\uff0c\u7ed3\u679c\u540c\u6837\u662f\u4e8f\u635f\u51fa\u5c40\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u5224\u65ad\u5bf9\u65b9\u5411\u53ea\u5b8c\u6210\u4e86\u4e00\u534a\uff0c<strong>\u5728\u9519\u8bef\u7684\u65f6\u95f4\u505a\u5bf9\u7684\u4e8b\uff0c\u7b49\u4e8e\u505a\u9519\u4e8b<\/strong>\u3002<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u89e3\u91ca\u4e86\u4e3a\u4ec0\u4e48\u4ed6\u613f\u610f\u82b1\u51e0\u5468\u751a\u81f3\u51e0\u4e2a\u6708\u53ea\u662f\u89c2\u671b\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4.7 \u53ea\u505a\u9f99\u5934\u80a1<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ed6\u660e\u786e\u4e3b\u5f20\uff1a\u53ea\u4ea4\u6613<strong>\u9886\u6da8\u7684\u677f\u5757\u4e2d\u6700\u5f3a\u7684\u80a1\u7968<\/strong>\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u4e0d\u53bb\u731c\u843d\u540e\u80a1\u4ec0\u4e48\u65f6\u5019\u8865\u6da8\uff1b<\/li>\n\n\n\n<li>\u4e00\u65e6\u9f99\u5934\u80a1\u7684\u8868\u73b0\u5f00\u59cb\u5f02\u5e38\uff08\u6da8\u4e0d\u52a8\u3001\u9886\u8dcc\uff09\uff0c\u89c6\u4e3a\u6574\u4e2a\u677f\u5757\u7684\u8b66\u62a5\u3002<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">4.8 \u56db\u4e2a\u5185\u5fc3\u7684\u654c\u4eba<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u662f\u672c\u4e66\u7684\u5fc3\u7406\u5b66\u6838\u5fc3\uff1a\u6295\u673a\u8005\u6700\u5927\u7684\u654c\u4eba\u4e0d\u5728\u5e02\u573a\uff0c\u800c\u5728\u81ea\u5df1\u5fc3\u91cc\u3002<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u654c\u4eba<\/th><th>\u5728\u9519\u8bef\u65f6\u523b\u7684\u8868\u73b0<\/th><th>\u5e94\u6709\u7684\u53cd\u5e94<\/th><\/tr><\/thead><tbody><tr><td><strong>\u5e0c\u671b<\/strong><\/td><td>\u4e8f\u635f\u65f6\u5e0c\u671b&#8221;\u5b83\u4f1a\u56de\u6765\u7684&#8221;\uff0c\u4e8e\u662f\u4e0d\u6b62\u635f<\/td><td>\u4e8f\u635f\u65f6\u5e94\u5f53<strong>\u6050\u60e7<\/strong>\uff0c\u7acb\u523b\u79bb\u573a<\/td><\/tr><tr><td><strong>\u6050\u60e7<\/strong><\/td><td>\u76c8\u5229\u65f6\u5bb3\u6015&#8221;\u5229\u6da6\u4f1a\u6ca1\u7684&#8221;\uff0c\u4e8e\u662f\u8fc7\u65e9\u4e86\u7ed3<\/td><td>\u76c8\u5229\u65f6\u5e94\u5f53<strong>\u5145\u6ee1\u5e0c\u671b<\/strong>\uff0c\u8ba9\u5229\u6da6\u5954\u8dd1<\/td><\/tr><tr><td><strong>\u8d2a\u5a6a<\/strong><\/td><td>\u60f3\u8d5a\u5230\u6bcf\u4e00\u5206\u94b1\uff0c\u60f3\u6293\u4f4f\u6bcf\u4e00\u4e2a\u6ce2\u52a8<\/td><td>\u53ea\u8d5a\u81ea\u5df1\u770b\u5f97\u61c2\u7684\u90a3\u4e00\u6bb5<\/td><\/tr><tr><td><strong>\u65e0\u77e5<\/strong><\/td><td>\u4e0d\u77e5\u9053\u81ea\u5df1\u5728\u8d4c\u4ec0\u4e48<\/td><td>\u627f\u8ba4\u4e0d\u61c2\u5c31\u4e0d\u505a<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>\u4ed6\u7684\u8457\u540d\u5012\u7f6e<\/strong>\uff1a\u4eba\u4eec\u5728\u8be5\u6050\u60e7\u7684\u65f6\u5019\u5e0c\u671b\uff0c\u5728\u8be5\u5e0c\u671b\u7684\u65f6\u5019\u6050\u60e7\u3002\u8fd9\u4e00\u6761\u51e0\u4e4e\u89e3\u91ca\u4e86\u6563\u6237\u7684\u6240\u6709\u5178\u578b\u4e8f\u635f\u7ed3\u6784\u3002<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\">4.9 \u4e0d\u8981\u542c\u5185\u5e55\u6d88\u606f<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e66\u4e2d\u82b1\u4e86\u5927\u91cf\u7bc7\u5e45\u63cf\u5199&#8221;\u5185\u5e55\u4eba&#8221;\u7684\u8c0e\u8a00\u3002\u4ed6\u7684\u7ed3\u8bba\u6781\u5176\u51b7\u5cfb\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u544a\u8bc9\u4f60\u6d88\u606f\u7684\u4eba\uff0c<strong>\u8981\u4e48\u81ea\u5df1\u4e5f\u5728\u88ab\u9a97\uff0c\u8981\u4e48\u6b63\u9700\u8981\u4f60\u5f53\u63a5\u76d8\u7684\u5bf9\u624b\u65b9<\/strong>\uff1b<\/li>\n\n\n\n<li>\u516c\u53f8\u9ad8\u7ba1\u5bf9\u81ea\u5df1\u516c\u53f8\u7684\u80a1\u4ef7\u5224\u65ad\uff0c\u5386\u53f2\u4e0a\u9519\u5f97\u6781\u5176\u9891\u7e41\uff1b<\/li>\n\n\n\n<li>\u552f\u4e00\u53ef\u9760\u7684\u4fe1\u606f\u6e90\u662f<strong>\u4ef7\u683c\u672c\u8eab<\/strong>\u2014\u2014\u56e0\u4e3a\u4ef7\u683c\u662f\u6240\u6709\u4eba\u771f\u91d1\u767d\u94f6\u6295\u7968\u7684\u7ed3\u679c\u3002<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">4.10 \u5927\u52bf &gt; \u4e2a\u80a1<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ed6\u4e0d\u65ad\u91cd\u7533\uff1a\u5728\u718a\u5e02\u91cc\uff0c<strong>\u6ca1\u6709\u4efb\u4f55\u4e00\u53ea\u80a1\u7968\u662f\u5b89\u5168\u7684<\/strong>\uff1b\u5728\u725b\u5e02\u91cc\uff0c\u9009\u80a1\u7684\u91cd\u8981\u6027\u8fdc\u4f4e\u4e8e\u6301\u6709\u7684\u51b3\u5fc3\u3002\u6240\u4ee5\u4ed6\u5148\u5224\u65ad\u6574\u4f53\u5e02\u573a\uff0c\u518d\u8c08\u4e2a\u80a1\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\u4e94\u3001\u516d\u4e2a\u5fc5\u987b\u8bfb\u61c2\u7684\u7ecf\u5178\u6865\u6bb5<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">5.1 \u8001\u706b\u9e21\u5148\u751f\uff08Old Turkey\uff09<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e66\u4e2d\u4e00\u4f4d\u5e74\u957f\u7684\u4ea4\u6613\u8005\uff0c\u522b\u4eba\u95ee\u4ed6\u8981\u4e0d\u8981\u5356\u51fa\u3001\u8981\u4e0d\u8981\u505a\u70b9\u77ed\u5dee\uff0c\u4ed6\u603b\u662f\u56de\u7b54\u540c\u4e00\u53e5\u8bdd\uff1a<strong>\u8fd9\u662f\u4e00\u4e2a\u591a\u5934\u5e02\u573a\u3002<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u542b\u4e49<\/strong>\uff1a\u5728\u4e00\u4e2a\u5df2\u7ecf\u786e\u8ba4\u7684\u725b\u5e02\u91cc\uff0c\u4efb\u4f55\u8bd5\u56fe&#8221;\u9ad8\u629b\u4f4e\u5438&#8221;\u505a\u6ce2\u6bb5\u7684\u806a\u660e\u64cd\u4f5c\uff0c\u6700\u7ec8\u90fd\u4f1a\u8ba9\u4f60\u4e22\u6389\u4e3b\u5347\u6d6a\u7684\u4ed3\u4f4d\u3002\u8fd9\u662f&#8221;\u5750&#8221;\u7684\u601d\u60f3\u6700\u51dd\u7ec3\u7684\u8868\u8fbe\uff0c\u4e5f\u662f\u5168\u4e66\u88ab\u5f15\u7528\u6700\u591a\u7684\u6bb5\u843d\u4e4b\u4e00\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5.2 \u73c0\u897f\u00b7\u6258\u9a6c\u65af\u4e0e\u68c9\u82b1<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u89c1\u7b2c\u4e09\u90e8\u5206\u9636\u6bb5\u56db\u3002<strong>\u6838\u5fc3\u6559\u8bad\uff1a\u4e00\u4e2a\u6bd4\u4f60\u66f4\u61c2\u3001\u66f4\u6709\u8bf4\u670d\u529b\u7684\u4eba\uff0c\u53ef\u80fd\u662f\u4f60\u6700\u5927\u7684\u98ce\u9669\u3002<\/strong> \u72ec\u7acb\u5224\u65ad\u4e00\u65e6\u88ab\u5916\u90e8\u6743\u5a01\u66ff\u6362\uff0c\u4f60\u7684\u6574\u4e2a\u4ea4\u6613\u7cfb\u7edf\u5c31\u5931\u53bb\u4e86\u6839\u57fa\u2014\u2014\u56e0\u4e3a\u4f60\u65e0\u6cd5\u7528\u522b\u4eba\u7684\u4fe1\u5ff5\u53bb\u627f\u53d7\u56de\u64a4\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5.3 1907 \u5e74\u7684\u7a7a\u5934\u4e0e\u6469\u6839<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u6559\u8bad\u4e0d\u662f&#8221;\u4ed6\u505a\u7a7a\u8d5a\u4e86\u5927\u94b1&#8221;\uff0c\u800c\u662f&#8221;\u4ed6\u4e8b\u5148\u5224\u65ad\u4e86\u8d44\u91d1\u73af\u5883&#8221;<\/strong>\uff1a\u4ed6\u6ce8\u610f\u5230\u5e02\u573a\u501f\u8d37\u5229\u7387\u5f02\u5e38\u3001\u4fe1\u7528\u7d27\u7ef7\uff0c\u624d\u5efa\u7acb\u7a7a\u5934\u3002\u8fd9\u662f\u4e00\u6b21\u57fa\u4e8e<strong>\u5b8f\u89c2\u6d41\u52a8\u6027<\/strong>\u800c\u975e\u56fe\u8868\u7684\u5224\u65ad\u2014\u2014\u8bf4\u660e\u4ed6\u5e76\u975e\u7eaf\u7cb9\u7684\u56fe\u8868\u4ea4\u6613\u8005\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5.4 \u8054\u5408\u592a\u5e73\u6d0b\u4e0e&#8221;\u8bf4\u4e0d\u6e05\u7684\u76f4\u89c9&#8221;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ed6\u5728\u65e7\u91d1\u5c71\u5730\u9707\u524d\u91cd\u4ed3\u505a\u7a7a\u8054\u5408\u592a\u5e73\u6d0b\uff0c\u4e8b\u540e\u8fde\u81ea\u5df1\u90fd\u65e0\u6cd5\u89e3\u91ca\u7406\u7531\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u6b63\u786e\u7684\u8bfb\u6cd5<\/strong>\uff1a\u8fd9\u6bb5\u4e0d\u662f\u5728\u9f13\u5439\u76f4\u89c9\uff0c\u800c\u662f\u5728\u5c55\u793a<strong>\u957f\u671f\u79ef\u7d2f\u7684\u6a21\u5f0f\u8bc6\u522b\u4f1a\u4ee5\u76f4\u89c9\u7684\u5f62\u5f0f\u6d6e\u73b0<\/strong>\u3002\u5371\u9669\u5728\u4e8e\u2014\u2014\u4e66\u4e2d\u4ed6\u81ea\u5df1\u4e5f\u627f\u8ba4\uff0c\u8fd9\u7c7b&#8221;\u76f4\u89c9&#8221;\u5728\u5176\u4ed6\u65f6\u5019\u8ba9\u4ed6\u4e8f\u8fc7\u5927\u94b1\u3002<strong>\u4e0d\u53ef\u590d\u5236\uff0c\u4e0d\u5e94\u6a21\u4eff\u3002<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5.5 \u5bf9\u8d4c\u884c\u7684\u6700\u540e\u4e00\u6218<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ed6\u88ab\u5c01\u6740\u540e\u9760\u4f2a\u88c5\u3001\u627e\u4eba\u4ee3\u4e0b\u5355\u7b49\u65b9\u5f0f\u7ee7\u7eed\u8d62\u94b1\uff0c\u6700\u7ec8\u88ab\u5f7b\u5e95\u8d76\u51fa\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u6559\u8bad<\/strong>\uff1a\u5f53\u4f60\u7684\u76c8\u5229\u6765\u6e90\u4f9d\u8d56\u67d0\u4e2a\u7279\u5b9a\u73af\u5883\uff08\u4f4e\u6469\u64e6\u3001\u5bf9\u624b\u65b9\u611a\u8822\uff09\uff0c<strong>\u8fd9\u4e2a\u73af\u5883\u6d88\u5931\u65f6\u4f60\u7684\u80fd\u529b\u4e5f\u968f\u4e4b\u5f52\u96f6<\/strong>\u3002\u4eca\u5929\u7684\u5bf9\u5e94\u662f\uff1a\u4f9d\u8d56\u67d0\u4e2a\u7279\u5b9a\u5e02\u573a\u7ed3\u6784\u3001\u67d0\u4e2a\u5957\u5229\u7a97\u53e3\u3001\u67d0\u4e2a\u5e73\u53f0\u89c4\u5219\u7684\u7b56\u7565\uff0c\u90fd\u6709\u5931\u6548\u65e5\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5.6 \u64cd\u7eb5\u4e0e\u6d3e\u53d1\uff08\u4e66\u7684\u540e\u534a\u90e8\u5206\uff09<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u540e\u534a\u90e8\u5206\u8be6\u7ec6\u63cf\u5199\u4e86\u4ed6\u4f5c\u4e3a\u804c\u4e1a\u64cd\u76d8\u624b\uff0c\u5982\u4f55\u4e3a\u5927\u80a1\u4e1c<strong>\u62c9\u62ac\u80a1\u4ef7\u5e76\u987a\u5229\u6d3e\u53d1<\/strong>\uff1a\u5236\u9020\u6210\u4ea4\u91cf\u3001\u5236\u9020\u4e0a\u6da8\u5047\u8c61\u3001\u5438\u5f15\u8ddf\u98ce\u76d8\u63a5\u624b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5fc5\u987b\u660e\u786e<\/strong>\uff1a\u8fd9\u4e9b\u624b\u6cd5\u5728\u4eca\u5929\u7684\u4e2d\u7f8e\u4e24\u5730\u5e02\u573a<strong>\u90fd\u662f\u91cd\u7f6a<\/strong>\u3002\u8fd9\u51e0\u7ae0\u7684\u4ef7\u503c\u4e0d\u5728\u4e8e\u5b66\u4e60\u65b9\u6cd5\uff0c\u800c\u5728\u4e8e<strong>\u4ece\u64cd\u7eb5\u8005\u89c6\u89d2\u7406\u89e3&#8221;\u4f60\u5728\u76d8\u9762\u4e0a\u770b\u5230\u7684\u6d3b\u8dc3&#8221;\u53ef\u80fd\u662f\u88ab\u5236\u9020\u51fa\u6765\u7684<\/strong>\u2014\u2014\u8fd9\u662f\u666e\u901a\u6295\u8d44\u8005\u6781\u96be\u83b7\u5f97\u7684\u89c6\u89d2\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\u516d\u3001\u8fd9\u672c\u4e66\u6ca1\u544a\u8bc9\u4f60\u7684\u4e8b<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u662f\u672c\u6587\u6700\u91cd\u8981\u7684\u4e00\u8282\u3002<strong>\u53ea\u8bfb\u8fd9\u672c\u4e66\uff0c\u4f60\u4f1a\u5f97\u5230\u4e00\u4e2a\u88ab\u4e25\u91cd\u622a\u65ad\u7684\u6545\u4e8b\u3002<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e66\u7684\u53d9\u8ff0\u6b62\u4e8e 1923 \u5e74\u524d\u540e\uff0c\u6b64\u65f6\u4e3b\u4eba\u516c\u4e8b\u4e1a\u9f0e\u76db\u3002\u800c\u771f\u5b9e\u7684\u6770\u897f\u00b7\u5229\u5f17\u83ab\u5c14\uff0c\u4eba\u751f\u8fd8\u6709 17 \u5e74\uff1a<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u65f6\u95f4<\/th><th>\u4e8b\u4ef6<\/th><\/tr><\/thead><tbody><tr><td>1929<\/td><td>\u5728\u5927\u5d29\u76d8\u4e2d\u505a\u7a7a\uff0c\u8d5a\u5230\u4eba\u751f\u5dc5\u5cf0\u7684\u5de8\u989d\u8d22\u5bcc\uff08\u666e\u904d\u8bf4\u6cd5\u662f\u7ea6\u4e00\u4ebf\u7f8e\u5143\u7ea7\u522b\uff0c\u5177\u4f53\u6570\u5b57\u5404\u7248\u672c\u8bf4\u6cd5\u4e0d\u4e00\uff09<\/td><\/tr><tr><td>1930 \u5e74\u4ee3<\/td><td>\u5a5a\u59fb\u7834\u88c2\u3001\u5bb6\u5ead\u60b2\u5267\u3001\u5065\u5eb7\u4e0e\u7cbe\u795e\u72b6\u51b5\u6076\u5316<\/td><\/tr><tr><td>1934<\/td><td><strong>\u518d\u6b21\u7533\u8bf7\u7834\u4ea7<\/strong><\/td><\/tr><tr><td>1940<\/td><td>\u51fa\u7248\u300a\u80a1\u7968\u5927\u4f5c\u624b\u64cd\u76d8\u672f\u300b\uff0c\u540c\u5e74\u5728\u7ebd\u7ea6\u4e00\u5bb6\u9152\u5e97<strong>\u81ea\u6740\u8eab\u4ea1<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">\u8fd9\u4e2a\u7ed3\u5c40\u610f\u5473\u7740\u4ec0\u4e48<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\u672c\u4e66\u7684\u65b9\u6cd5\u8bba\u6ca1\u6709\u89e3\u51b3\u4ed6\u81ea\u5df1\u7684\u95ee\u9898\u3002<\/strong> \u4ed6\u77e5\u9053\u6240\u6709\u7684\u9053\u7406\u2014\u2014\u4e0d\u8981\u644a\u5e73\u3001\u4e0d\u8981\u542c\u6d88\u606f\u3001\u8981\u6b62\u635f\u2014\u2014\u5e76\u4e14\u628a\u5b83\u4eec\u5199\u6210\u4e86\u4e66\uff1b\u7136\u540e\u4ed6\u53c8\u4e00\u6b21\u8fdd\u53cd\u4e86\u5b83\u4eec\u3002<\/li>\n\n\n\n<li><strong>\u77e5\u9053 \u2260 \u505a\u5230\uff0c\u662f\u8fd9\u672c\u4e66\u6700\u6df1\u523b\u7684\u9690\u85cf\u4e3b\u9898\u3002<\/strong> \u5168\u4e66\u4e09\u5341\u5e74\u8de8\u5ea6\u91cc\uff0c\u4ed6\u81f3\u5c11\u56db\u6b21\u7834\u4ea7\uff0c\u800c\u6bcf\u6b21\u7834\u4ea7\u7684\u539f\u56e0\uff0c\u90fd\u662f\u8fdd\u53cd\u4e86\u4ed6\u81ea\u5df1\u65e9\u5df2\u603b\u7ed3\u51fa\u7684\u539f\u5219\u3002<\/li>\n\n\n\n<li><strong>\u5bf9\u8bfb\u8005\u7684\u771f\u6b63\u542f\u793a<\/strong>\uff1a\u4e0d\u8981\u628a\u5b83\u5f53\u6210&#8221;\u5b66\u4f1a\u8fd9\u5341\u6761\u4f60\u5c31\u80fd\u6210\u529f&#8221;\u7684\u6210\u529f\u5b66\uff0c\u800c\u8981\u5f53\u6210&#8221;<strong>\u5373\u4f7f\u4f60\u5168\u90fd\u77e5\u9053\uff0c\u4f60\u4f9d\u7136\u53ef\u80fd\u88ab\u4eba\u6027\u51fb\u5012<\/strong>&#8220;\u7684\u8b66\u793a\u5f55\u3002<\/li>\n<\/ol>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u8fd9\u4e5f\u662f\u4e3a\u4ec0\u4e48\u5f88\u591a\u8d44\u6df1\u4ea4\u6613\u8005\u8bf4\uff1a\u8fd9\u672c\u4e66\u8981\u8bfb\u4e09\u904d\u2014\u2014<strong>\u7b2c\u4e00\u904d\u8bfb\u6545\u4e8b\uff0c\u7b2c\u4e8c\u904d\u8bfb\u65b9\u6cd5\uff0c\u7b2c\u4e09\u904d\u8bfb\u60b2\u5267\u3002<\/strong><\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\u4e03\u3001\u6279\u5224\u6027\u8bc4\u8ff0\uff1a\u54ea\u4e9b\u8fc7\u65f6\u4e86\uff0c\u54ea\u4e9b\u8fd8\u6d3b\u7740<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">7.1 \u4f9d\u7136\u6210\u7acb\u7684\u90e8\u5206<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u5185\u5bb9<\/th><th>\u4e3a\u4ec0\u4e48\u4f9d\u7136\u6210\u7acb<\/th><\/tr><\/thead><tbody><tr><td>\u5fc3\u7406\u5b66\u90e8\u5206\uff08\u5e0c\u671b\/\u6050\u60e7\u5012\u7f6e\u3001\u72ec\u7acb\u5224\u65ad\uff09<\/td><td>\u4eba\u6027\u672a\u53d8\uff0c\u4e14\u5df2\u88ab\u73b0\u4ee3\u884c\u4e3a\u91d1\u878d\u5b66\uff08\u524d\u666f\u7406\u8bba\u3001\u5904\u7f6e\u6548\u5e94\uff09\u53cd\u590d\u9a8c\u8bc1<\/td><\/tr><tr><td>\u6b62\u635f\u4e0e\u4e0d\u644a\u5e73<\/td><td>\u6570\u5b66\u4e0a\u65e0\u53ef\u8fa9\u9a73\uff1a\u4e8f\u635f 50% \u9700\u8981\u76c8\u5229 100% \u624d\u80fd\u56de\u672c<\/td><\/tr><tr><td>\u76c8\u5229\u52a0\u4ed3\u7684\u91d1\u5b57\u5854\u7ed3\u6784<\/td><td>\u4e0e\u73b0\u4ee3&#8221;\u622a\u65ad\u4e8f\u635f\u3001\u8ba9\u5229\u6da6\u5954\u8dd1&#8221;\u7684\u6b63\u671f\u671b\u503c\u539f\u7406\u5b8c\u5168\u4e00\u81f4<\/td><\/tr><tr><td>&#8220;\u5750&#8221;\u7684\u80fd\u529b<\/td><td>\u8d8b\u52bf\u7b56\u7565\u7684\u6536\u76ca\u9ad8\u5ea6\u96c6\u4e2d\u5728\u5c11\u6570\u51e0\u7b14\u5927\u76c8\u5229\u4e0a\uff0c\u8fd9\u662f\u7edf\u8ba1\u4e8b\u5b9e<\/td><\/tr><tr><td>\u9f99\u5934\u80a1\u4f18\u5148<\/td><td>\u4e0e\u73b0\u4ee3\u52a8\u91cf\u56e0\u5b50\uff08Momentum\uff09\u7814\u7a76\u65b9\u5411\u4e00\u81f4<\/td><\/tr><tr><td>\u4e0d\u542c\u6d88\u606f<\/td><td>\u5728\u4fe1\u606f\u66f4\u6cdb\u6ee5\u7684\u4eca\u5929\uff0c\u91cd\u8981\u6027\u53ea\u589e\u4e0d\u51cf<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">7.2 \u5df2\u7ecf\u8fc7\u65f6\u6216\u9700\u8981\u91cd\u65b0\u6821\u51c6\u7684\u90e8\u5206<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u5185\u5bb9<\/th><th>\u95ee\u9898<\/th><\/tr><\/thead><tbody><tr><td><strong>\u8bfb\u7eb8\u5e26\uff08tape reading\uff09<\/strong><\/td><td>\u5f53\u65f6\u4ef7\u683c\u662f\u552f\u4e00\u5b9e\u65f6\u4fe1\u606f\uff0c\u6240\u4ee5\u6781\u5176\u5b9d\u8d35\u3002\u4eca\u5929\u6570\u636e\u6d77\u91cf\u3001\u9ad8\u9891\u7b97\u6cd5\u5728\u5fae\u79d2\u7ea7\u4f5c\u4e1a\uff0c\u8089\u773c\u8bfb\u76d8\u53e3\u7684\u4fe1\u606f\u4f18\u52bf\u5df2\u57fa\u672c\u6d88\u5931<\/td><\/tr><tr><td><strong>\u5e02\u573a\u7ed3\u6784<\/strong><\/td><td>1907 \u5e74\u7684\u5e02\u573a\u7531\u5c11\u6570\u5927\u8d44\u91d1\u4e3b\u5bfc\u3001\u65e0\u76d1\u7ba1\u3001\u6df1\u5ea6\u6d45\uff0c\u6a21\u5f0f\u91cd\u590d\u6027\u9ad8\uff1b\u4eca\u5929\u7684\u5e02\u573a\u53c2\u4e0e\u8005\u7ed3\u6784\u5b8c\u5168\u4e0d\u540c<\/td><\/tr><tr><td><strong>\u64cd\u7eb5\u624b\u6cd5<\/strong><\/td><td>\u5168\u90e8\u8fdd\u6cd5<\/td><\/tr><tr><td><strong>\u7f3a\u4e4f\u4ed3\u4f4d\u4e0e\u98ce\u9669\u91cf\u5316<\/strong><\/td><td>\u5168\u4e66\u6ca1\u6709\u4efb\u4f55\u5173\u4e8e<strong>\u5355\u7b14\u98ce\u9669\u5360\u603b\u8d44\u91d1\u6bd4\u4f8b<\/strong>\u7684\u7cfb\u7edf\u89c4\u5219\u3002\u4ed6\u7684&#8221;\u91cd\u4ed3+\u5173\u952e\u70b9&#8221;\u6253\u6cd5\u5728\u6ca1\u6709\u4ed3\u4f4d\u4e0a\u9650\u7684\u60c5\u51b5\u4e0b\uff0c\u6b63\u662f\u4ed6\u6570\u6b21\u7834\u4ea7\u7684\u76f4\u63a5\u539f\u56e0<\/td><\/tr><tr><td><strong>\u53d9\u4e8b\u7684\u5e78\u5b58\u8005\u504f\u5dee<\/strong><\/td><td>\u4e00\u4e2a\u4eba\u7684\u4e09\u5341\u5e74\u7ecf\u5386\uff0c\u6837\u672c\u91cf\u4e3a 1\u3002\u540c\u671f\u7528\u540c\u6837\u65b9\u6cd5\u7834\u4ea7\u4e14\u6ca1\u5199\u4e66\u7684\u4eba\uff0c\u6211\u4eec\u6c38\u8fdc\u4e0d\u4f1a\u77e5\u9053<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">7.3 \u6700\u5173\u952e\u7684\u4e00\u6761\u6279\u8bc4<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u8fd9\u672c\u4e66\u63cf\u8ff0\u7684\u662f\u4e00\u5957\u9ad8\u6ce2\u52a8\u3001\u9ad8\u6760\u6746\u3001\u4f9d\u8d56\u6781\u5f3a\u4e2a\u4eba\u5fc3\u7406\u7d20\u8d28\u7684\u6253\u6cd5\u3002<\/strong> \u5b83\u9002\u5408\u7684\u4eba\u7fa4\uff0c\u6bd4\u5927\u591a\u6570\u8bfb\u8005\u4ee5\u4e3a\u7684\u7a84\u5f97\u591a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5177\u4f53\u800c\u8a00\uff0c\u5b83<strong>\u4e0d\u9002\u5408<\/strong>\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u65e0\u6cd5\u627f\u53d7\u8fde\u7eed\u4e8f\u635f\u7684\u8d44\u91d1\uff08\u5982\u5bb6\u5ead\u6838\u5fc3\u8d44\u4ea7\uff09\uff1b<\/li>\n\n\n\n<li>\u65e0\u6cd5\u5168\u804c\u76ef\u76d8\u7684\u4eba\uff08\u4ed6\u7684\u65b9\u6cd5\u9ad8\u5ea6\u4f9d\u8d56\u5bf9\u5e02\u573a\u8282\u594f\u7684\u6301\u7eed\u611f\u77e5\uff09\uff1b<\/li>\n\n\n\n<li>\u6ca1\u6709\u660e\u786e\u8d44\u91d1\u7ba1\u7406\u89c4\u5219\u7684\u4eba\uff08\u4e66\u91cc\u4e5f\u6ca1\u6709\uff0c\u9700\u8981\u81ea\u5df1\u8865\uff09\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5b83\u6700\u6709\u4ef7\u503c\u7684\u8bfb\u6cd5\uff0c\u662f\u5f53\u4f5c&#8221;\u5fc3\u7406\u5b66\u6559\u6750&#8221;\u800c\u975e&#8221;\u7b56\u7565\u624b\u518c&#8221;\u3002<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\u516b\u3001\u4e0e\u73b0\u4ee3\u4ea4\u6613\u6846\u67b6\u7684\u6620\u5c04<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u4e66\u4e2d\u6982\u5ff5<\/th><th>\u73b0\u4ee3\u5bf9\u5e94<\/th><\/tr><\/thead><tbody><tr><td>\u963b\u529b\u6700\u5c0f\u7684\u8def\u7ebf<\/td><td>\u8d8b\u52bf\u8ddf\u8e2a\uff08Trend Following\uff09\u3001\u52a8\u91cf\u56e0\u5b50<\/td><\/tr><tr><td>\u5173\u952e\u70b9\u7a81\u7834<\/td><td>\u7a81\u7834\u4ea4\u6613\u3001\u7bb1\u4f53\u7406\u8bba\uff08\u8fbe\u74e6\u65af\uff09\u3001\u676f\u67c4\u5f62\u6001\uff08\u6b27\u5948\u5c14 CANSLIM\uff09<\/td><\/tr><tr><td>\u8bd5\u63a2\u5efa\u4ed3 + \u76c8\u5229\u52a0\u7801<\/td><td>\u91d1\u5b57\u5854\u52a0\u4ed3\u3001\u51ef\u5229\u516c\u5f0f\u7684\u4fdd\u5b88\u5e94\u7528<\/td><\/tr><tr><td>\u7edd\u4e0d\u644a\u5e73\u4e8f\u635f<\/td><td>\u56fa\u5b9a\u6bd4\u4f8b\u6b62\u635f\u3001\u5355\u7b14\u98ce\u9669 \u2264 \u603b\u8d44\u91d1 1\u20132%<\/td><\/tr><tr><td>\u5927\u52bf\u4f18\u5148\u4e8e\u4e2a\u80a1<\/td><td>\u81ea\u4e0a\u800c\u4e0b\uff08Top-down\uff09\u8d44\u4ea7\u914d\u7f6e\u3001\u5e02\u573a\u62e9\u65f6<\/td><\/tr><tr><td>\u9f99\u5934\u80a1<\/td><td>\u677f\u5757\u9f99\u5934\u3001\u76f8\u5bf9\u5f3a\u5f31\uff08RS\uff09\u6392\u540d<\/td><\/tr><tr><td>\u8001\u706b\u9e21&#8221;\u8fd9\u662f\u591a\u5934\u5e02\u573a&#8221;<\/td><td>\u8ba9\u5229\u6da6\u5954\u8dd1\u3001\u964d\u4f4e\u6362\u624b\u7387<\/td><\/tr><tr><td>\u56db\u4e2a\u5185\u5fc3\u654c\u4eba<\/td><td>\u5904\u7f6e\u6548\u5e94\u3001\u635f\u5931\u538c\u6076\u3001\u786e\u8ba4\u504f\u8bef<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u4e0e&#8221;\u987a\u5927\u52bf\u9006\u5c0f\u52bf&#8221;\u7c7b\u6846\u67b6\u7684\u5173\u952e\u5dee\u5f02<\/strong>\uff08\u503c\u5f97\u5355\u72ec\u6307\u51fa\uff09\uff1a<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5229\u5f17\u83ab\u5c14\u662f<strong>\u5f7b\u5e95\u7684\u53f3\u4fa7\u4ea4\u6613\u8005<\/strong>\u2014\u2014\u4ed6\u5728\u7a81\u7834\u65f6\u4e70\u5165\uff0c\u5728\u8d8b\u52bf\u786e\u8ba4\u540e\u52a0\u4ed3\uff0c\u7edd\u4e0d\u5728\u4e0b\u8dcc\u4e2d\u63a5\u3002\u800c&#8221;\u5927\u8d8b\u52bf\u5411\u4e0a\u65f6\u4e70\u56de\u8c03&#8221;\u5c5e\u4e8e<strong>\u5de6\u4fa7\u6216\u534a\u5de6\u4fa7<\/strong>\u601d\u8def\u3002\u4e24\u8005\u4e0d\u662f\u5bf9\u9519\u4e4b\u5206\uff0c\u800c\u662f\u98ce\u9669\u5f62\u6001\u4e0d\u540c\uff1a<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><\/th><th>\u53f3\u4fa7\u7a81\u7834\uff08\u5229\u5f17\u83ab\u5c14\uff09<\/th><th>\u56de\u8c03\u4e70\u5165<\/th><\/tr><\/thead><tbody><tr><td>\u4e3b\u8981\u6210\u672c<\/td><td>\u5047\u7a81\u7834\u9891\u7e41\uff0c\u80dc\u7387\u4f4e\uff0c\u9760\u76c8\u4e8f\u6bd4\u53d6\u80dc<\/td><td>\u4e70\u5728\u534a\u5c71\u8170\uff0c\u56de\u8c03\u53d8\u53cd\u8f6c<\/td><\/tr><tr><td>\u5fc3\u7406\u538b\u529b<\/td><td>\u8ffd\u9ad8\u7684\u4e0d\u9002\u611f<\/td><td>\u6d6e\u4e8f\u7684\u714e\u71ac<\/td><\/tr><tr><td>\u5fc5\u5907\u7eaa\u5f8b<\/td><td>\u7a81\u7834\u5931\u8d25\u7acb\u523b\u79bb\u573a<\/td><td><strong>\u5fc5\u987b\u9884\u8bbe\u8d8b\u52bf\u5931\u6548\u7684\u5b9a\u4e49<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5982\u679c\u501f\u9274\u8fd9\u672c\u4e66\uff0c\u6700\u8be5\u62ff\u8d70\u7684\u4e00\u6761\u6070\u6070\u662f\u8865\u4e0a\u5de6\u4fa7\u4e70\u5165\u7684\u7f3a\u53e3\uff1a\u65e0\u8bba\u591a\u770b\u597d\uff0c&#8221;\u4e0b\u8dcc\u5230\u4ec0\u4e48\u7a0b\u5ea6\u8bc1\u660e\u6211\u9519\u4e86&#8221;\u5fc5\u987b\u5728\u5efa\u4ed3\u524d\u5199\u4e0b\u6765\u3002<\/strong> \u8fd9\u662f\u5229\u5f17\u83ab\u5c14\u7528\u56db\u6b21\u7834\u4ea7\u9a8c\u8bc1\u8fc7\u7684\u4ee3\u4ef7\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\u4e5d\u3001\u9605\u8bfb\u6307\u5357<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">9.1 \u4e2d\u8bd1\u672c<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e02\u9762\u4e3b\u8981\u6709\u4e24\u6761\u8bd1\u540d\u7ebf\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u300a\u80a1\u7968\u505a\u624b\u56de\u5fc6\u5f55\u300b<\/strong>\uff08\u8f83\u5e38\u89c1\uff09<\/li>\n\n\n\n<li><strong>\u300a\u80a1\u7968\u5927\u4f5c\u624b\u56de\u5fc6\u5f55\u300b<\/strong>\uff08\u4e01\u5723\u5143\u8bd1\u672c\u6d41\u4f20\u8f83\u5e7f\uff0c\u6ce8\u91ca\u4e0e\u80cc\u666f\u8865\u5145\u8f83\u591a\uff0c\u9002\u5408\u521d\u8bfb\u8005\uff09<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u9009\u62e9\u5efa\u8bae\uff1a<strong>\u4f18\u5148\u9009\u5e26\u8bd1\u6ce8\u3001\u8865\u5145\u5386\u53f2\u80cc\u666f\u7684\u7248\u672c<\/strong>\u2014\u2014\u56e0\u4e3a\u5bf9\u8d4c\u884c\u3001\u62a5\u4ef7\u673a\u30011907 \u5e74\u6050\u614c\u8fd9\u4e9b\u80cc\u666f\uff0c\u7f3a\u4e86\u6ce8\u91ca\u4f1a\u8bfb\u5f97\u5f88\u5403\u529b\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">9.2 \u5efa\u8bae\u7684\u9605\u8bfb\u987a\u5e8f<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\u5148\u8bfb\u7b2c\u4e09\u90e8\u5206\u7684\u4eba\u751f\u7ebf<\/strong>\uff08\u672c\u6587\u5df2\u63d0\u4f9b\uff09\uff0c\u5efa\u7acb\u65f6\u95f4\u5750\u6807\uff1b<\/li>\n\n\n\n<li><strong>\u91cd\u70b9\u7cbe\u8bfb<\/strong>\uff1a\u5bf9\u8d4c\u884c\u7ae0\u8282\u3001\u68c9\u82b1\u60e8\u8d25\u30011915 \u5e74\u590d\u51fa\u7b49\u5f85\u516d\u5468\u3001\u8001\u706b\u9e21\uff1b<\/li>\n\n\n\n<li><strong>\u5feb\u901f\u7565\u8bfb<\/strong>\uff1a\u540e\u534a\u90e8\u5206\u7684\u64cd\u7eb5\u4e0e\u6d3e\u53d1\uff08\u4e86\u89e3\u89c6\u89d2\u5373\u53ef\uff0c\u4e0d\u5fc5\u7ec6\u7a76\u624b\u6cd5\uff09\uff1b<\/li>\n\n\n\n<li><strong>\u8bfb\u5b8c\u7acb\u523b\u8865\u4e00\u6bb5<\/strong>\uff1a\u5229\u5f17\u83ab\u5c14 1929 \u4e4b\u540e\u7684\u771f\u5b9e\u7ed3\u5c40\uff08\u672c\u6587\u7b2c\u516d\u90e8\u5206\uff09\u3002<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">9.3 \u914d\u5957\u9605\u8bfb<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>\u4e66<\/th><th>\u4f5c\u7528<\/th><\/tr><\/thead><tbody><tr><td>\u300a\u80a1\u7968\u5927\u4f5c\u624b\u64cd\u76d8\u672f\u300b\uff08\u5229\u5f17\u83ab\u5c14\u672c\u4eba\u8457\uff0c1940\uff09<\/td><td>\u672c\u4e66\u7684&#8221;\u65b9\u6cd5\u8bba\u538b\u7f29\u7248&#8221;\uff0c\u628a\u6563\u843d\u5728\u6545\u4e8b\u91cc\u7684\u89c4\u5219\u7cfb\u7edf\u5316<\/td><\/tr><tr><td>\u300a\u6d77\u9f9f\u4ea4\u6613\u6cd5\u5219\u300b<\/td><td>\u628a\u5229\u5f17\u83ab\u5c14\u7684\u601d\u60f3\u5de5\u7a0b\u5316\uff1a\u660e\u786e\u7684\u5165\u573a\u3001\u6b62\u635f\u3001\u4ed3\u4f4d\u516c\u5f0f<\/td><\/tr><tr><td>\u300a\u91d1\u878d\u602a\u6770\u300b\uff08Market Wizards\uff09<\/td><td>\u73b0\u4ee3\u7248\u7684\u591a\u4eba\u8bbf\u8c08\uff0c\u53ef\u5bf9\u7167\u54ea\u4e9b\u539f\u5219\u88ab\u53cd\u590d\u9a8c\u8bc1<\/td><\/tr><tr><td>\u300a\u4e4c\u5408\u4e4b\u4f17\u300b \/ \u884c\u4e3a\u91d1\u878d\u5b66\u5165\u95e8<\/td><td>\u8865\u9f50&#8221;\u4eba\u6027\u4e3a\u4ec0\u4e48\u4e0d\u53d8&#8221;\u7684\u7406\u8bba\u89e3\u91ca<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">9.4 \u4e09\u4e2a\u8bfb\u6cd5\u5efa\u8bae<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\u4e0d\u8981\u6458\u6284\u91d1\u53e5\uff0c\u8981\u6458\u6284\u9519\u8bef\u3002<\/strong> \u628a\u4e66\u4e2d\u6bcf\u4e00\u6b21\u4e8f\u635f\u7684\u539f\u56e0\u5355\u72ec\u5217\u6210\u6e05\u5355\uff0c\u90a3\u624d\u662f\u771f\u6b63\u7684\u8d44\u4ea7\uff1b<\/li>\n\n\n\n<li><strong>\u5bf9\u7167\u81ea\u5df1\u7684\u4ea4\u6613\u8bb0\u5f55\u8bfb\u3002<\/strong> \u6bcf\u8bfb\u5230\u4e00\u4e2a\u9519\u8bef\uff0c\u7ffb\u81ea\u5df1\u7684\u8d26\u5355\u627e\u5bf9\u5e94\u7684\u90a3\u4e00\u7b14\uff1b<\/li>\n\n\n\n<li><strong>\u8b66\u60d5\u4ee3\u5165\u611f\u3002<\/strong> \u8fd9\u672c\u4e66\u7684\u6587\u5b66\u6027\u6781\u5f3a\uff0c\u8bfb\u7684\u65f6\u5019\u4f60\u4f1a\u4e0d\u81ea\u89c9\u5730\u4ee3\u5165\u4e3b\u89d2\u7684\u6210\u529f\u800c\u975e\u5931\u8d25\u2014\u2014\u8fd9\u6070\u6070\u662f\u5b83\u6700\u5371\u9669\u7684\u5730\u65b9\u3002<\/li>\n<\/ol>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\u5341\u3001\u4e00\u9875\u901f\u67e5\u5361<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">\u5341\u6761\u539f\u5219<\/h3>\n\n\n\n<pre class=\"wp-block-code\"><code>1.  \u534e\u5c14\u8857\u6ca1\u6709\u65b0\u9c9c\u4e8b\u2014\u2014\u4eba\u6027\u4e0d\u53d8\uff0c\u884c\u60c5\u91cd\u6f14\n2.  \u8d5a\u5927\u94b1\u9760\"\u5750\"\uff0c\u4e0d\u9760\u9891\u7e41\u4ea4\u6613\n3.  \u53ea\u505a\u963b\u529b\u6700\u5c0f\u7684\u65b9\u5411\uff0c\u65b9\u5411\u4e0d\u660e\u5c31\u7a7a\u4ed3\n4.  \u5728\u5173\u952e\u70b9\u51fa\u624b\uff0c\u4e0d\u5728\u4fbf\u5b9c\u4ef7\u51fa\u624b\n5.  \u5c0f\u4ed3\u8bd5\u63a2\uff0c\u8d62\u4e86\u624d\u52a0\uff0c\u7edd\u4e0d\u644a\u5e73\u4e8f\u635f\n6.  \u770b\u5bf9\u65b9\u5411 \u2260 \u4f1a\u8d5a\u94b1\uff0c\u65f6\u673a\u540c\u6837\u81f4\u547d\n7.  \u53ea\u505a\u9f99\u5934\uff0c\u4e0d\u731c\u8865\u6da8\n8.  \u4e8f\u635f\u65f6\u8be5\u6050\u60e7\uff0c\u76c8\u5229\u65f6\u8be5\u62b1\u6709\u5e0c\u671b\uff08\u591a\u6570\u4eba\u6b63\u597d\u76f8\u53cd\uff09\n9.  \u4e0d\u542c\u5185\u5e55\uff0c\u4ef7\u683c\u662f\u552f\u4e00\u8bda\u5b9e\u7684\u4fe1\u606f\n10. \u718a\u5e02\u91cc\u6ca1\u6709\u5b89\u5168\u7684\u80a1\u7968\u2014\u2014\u5148\u770b\u5927\u52bf\n<\/code><\/pre>\n\n\n\n<h3 class=\"wp-block-heading\">\u4e09\u53e5\u6700\u8be5\u8bb0\u4f4f\u7684\u8bdd\uff08\u672c\u6587\u6982\u62ec\uff09<\/h3>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>\u4e00\u3001<\/strong> \u5224\u65ad\u5bf9\u65b9\u5411\u7684\u4eba\u5f88\u591a\uff0c\u80fd\u62ff\u4f4f\u7684\u4eba\u6781\u5c11\u3002 <strong>\u4e8c\u3001<\/strong> \u8be5\u6b62\u635f\u65f6\u62b1\u7740\u5e0c\u671b\uff0c\u8be5\u6301\u6709\u65f6\u5145\u6ee1\u6050\u60e7\u2014\u2014\u8fd9\u5c31\u662f\u4e8f\u635f\u7684\u5168\u90e8\u7ed3\u6784\u3002 <strong>\u4e09\u3001<\/strong> \u8fd9\u672c\u4e66\u7684\u4f5c\u8005\u77e5\u9053\u4ee5\u4e0a\u6240\u6709\u9053\u7406\uff0c\u7136\u540e\u53c8\u7834\u4ea7\u4e86\u4e24\u6b21\u3002<\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u672c\u6587\u4e3a\u72ec\u7acb\u6574\u7406\u4e0e\u8bc4\u8ff0\uff0c\u6240\u6709\u5185\u5bb9\u5747\u4e3a\u6982\u62ec\u4e0e\u5206\u6790\uff0c\u4e0d\u542b\u539f\u4e66\u6587\u5b57\u7684\u8f6c\u5f55\u3002<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reminiscences of a Stock Operator\uff0cEdwin Lef\u00e8vre\uff0c1923 \u4e00\u672c [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_import_markdown_pro_load_document_selector":0,"_import_markdown_pro_submit_text_textarea":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-8014","post","type-post","status-publish","format-standard","hentry","category-ai-learn","entry"],"_links":{"self":[{"href":"https:\/\/www.xinyixx.com\/index.php\/wp-json\/wp\/v2\/posts\/8014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.xinyixx.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.xinyixx.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.xinyixx.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.xinyixx.com\/index.php\/wp-json\/wp\/v2\/comments?post=8014"}],"version-history":[{"count":1,"href":"https:\/\/www.xinyixx.com\/index.php\/wp-json\/wp\/v2\/posts\/8014\/revisions"}],"predecessor-version":[{"id":8015,"href":"https:\/\/www.xinyixx.com\/index.php\/wp-json\/wp\/v2\/posts\/8014\/revisions\/8015"}],"wp:attachment":[{"href":"https:\/\/www.xinyixx.com\/index.php\/wp-json\/wp\/v2\/media?parent=8014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.xinyixx.com\/index.php\/wp-json\/wp\/v2\/categories?post=8014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.xinyixx.com\/index.php\/wp-json\/wp\/v2\/tags?post=8014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}