Mai nā Mākau Makau i nā Wā a me nā Lēlā
Hoʻomaka ka huahana e like me nā 'āpana a me nā Futures
Mākaʻikaʻi kaʻilikai kūpono i ka nui o ke kālā a me ka hiki ke hana a lawe paha i nā mea lawaiʻa.
No laila, he mau pūʻulu akamai wale nō a hiki i kekahi poʻe pono loa ke komo i kēia mau kālepa. ʻO kaʻoihana kālepaʻoihanaʻaʻole eʻike i kaʻike hohonu wale nō o nāʻano o ke kālepa a me kaʻike a me ke akamai i ka wā e hiki ai i nā loiloi no ka laweʻana i kekahi mea waiwai mai kahi'āpana o ke ao nei i kekahi, mai ka pae hana i kaʻai wahi. ʻO kaʻoihana kālepa waiwai ka meaʻoihana paʻakikī i kūpono no nā mea akamai i kaʻoihana.
ʻO nā makamae a me nā koho o ka wā e hiki mai ana ,ʻo ia nā wahi i kūʻaiʻia ai nā mea kūʻai ma ka loliʻana. ʻO kēia mau huahana he mau mea kūʻai ia o nāʻeke kūʻai kūʻai maoli a hoʻohālike i ka hana o ka uku e loaʻa mai ana i ka hoʻohālike kikowai a me ka noi no nā huahana kūikawā.
ʻO nā wā hou a me nā kohoʻana i ka wā e hiki mai ana, heʻano hana hoʻolaha ka mea e hopena i ka hoʻopiʻiʻana i nā hana kūʻai i nā kumukūʻai waiwai paʻa.
ʻO ka hōʻaihoʻi manawa pinepine e hōʻoiaʻiʻo i ka loli maikaʻi o nā huahana a me nā kumukūʻai kino i ka wā e hoʻopukaʻia ai nā kuʻikahi. He nui nā leverage o kēia mau mea kālepa. Leverage ka unuhiʻana i kahi pōpilikia . ʻO ka mea kūʻai aku a mea kūʻai aku paha i nā palapala likeʻole, hiki iā ia ke hoʻoponopono i ka nui o ke kālā me kahi kālāʻuʻuku wale nō, aiʻole ka waihoʻana i kahiʻoiaʻiʻo e waiho waleʻia he 5 wale nō he 15 pakeneka o ka nui o kaʻaelike kūʻai o ke kumukūʻai.
ʻO ka leverage i loko o nā huahana hana kūʻai e koi ana i nā mea kūʻai ma ka māhele e lawe i ka nui o ka pilikia. ʻOiai ka mea kūʻai aku a kūʻai aku paha i nā mea e hiki aku ana i ka wā e pono ai e waiho i kahi waihona no kahi mau lōʻihi a lōʻihi paha, e noʻonoʻo mau lākou i ka waiwai a pau o kaʻaelike. No laila, he hapa koʻikoʻi ka pāʻani i kēia mau kaʻa. Hoʻohālikelikeʻia nā kuhi helu i kēlā me kēia lā, a i kekahi manawa o ka hoʻonuiʻia o ka volatility, hiki ke kāheaʻia nā pihi kaha ma kēlā me kēia manawa i ka lā kūʻai.
ʻO ka hoʻolahaʻana o nā ETF / ETN
I ka hoʻomakaʻana o ke kenekulia 21 a me ke neʻeneʻeʻana o nā mākaʻikaʻi i ka milenika hou, ua hōʻea mai nā huahana hou i kahi kūʻai no ka hoʻoliloʻana i ka waiwai waiwai e like me ka kūʻai a me ke kūʻai aku i nā waiwai a me nā palapala hoʻopaʻa. ʻO ka hoʻokomoʻana i nā Exchange Traded Funds (ETFs) a me Exchange Traded Notes (ETNs) ua lawe mai i ka kālepa kūʻai kālepa i kahi makai kūʻai nui aku i mua o ka wā i hala.
ʻO ka ETF mua loa ka SPDR Gold Shares (GLD). Keʻike nei kēia huahana i ke kumukūʻai o ka bullion gula a loaʻa i ka nui o ka hoihoi a me ke komoʻana i kaʻoihana kūʻai gula. Nā huahana ETF'ē aʻe i pili i nā kumukūʻai kūʻaiʻia e like me United States Oil ETF (USO) e pili ana i ke kumukūʻai o West Oil Intermediate oil oil, ka United States Natural Gas EFT (UNG), eʻimi ana e hoʻopili hou i ka hana kūʻai ma kaʻeleʻeleʻoʻoleʻa e like me nā mea'ē aʻe.
I kēia lā, aia nā huahana ETF a me nā ETN e huli ana i nā waiwai i nā waiwai nui a me nā mea'ē aʻe, nā ikaika, nā hua'iliʻoluʻu, nā palaoa a me nā huahana mahiʻai, nā meaola holoholona a me nā mea'ē aʻe'ē aʻe e like me ka papa, nā mea kanu, nā mea momona honua a me nā mea'ē aʻe. Eia kekahi, aia nā huahana ETF a me ETN eʻimi ana e hoʻopili hou aku i nā hanaʻoihana i loko o nā papahana waiwai likeʻole me nā kālā, nā kaula, a me nā kālā.
ʻO nā kaʻa mua i hanaʻia e hoʻopili hou i ka hanaʻana o kahi waiwai a waiwai'ē aʻe paha mai kaʻaoʻao lōʻihi, a iʻole ka kūʻai aku o ka mākeke. Eia naʻe, no ka loaʻaʻana o kēia huahana waiwai i ka laulaha, ua komo nā hihia hou ma ETF a me nā ETN e mahalo ana i nā wā o kaʻoihana kūʻai kelepaʻole i loko o nā kumuhana waiwai. Ma nā'ōlelo'ē aʻe,ʻo kēia mau kaʻa e hāʻawi i nā mea kūʻai a mea kūʻai paha e pā i nā kumukūʻai haʻahaʻa me kaʻole e pōkole i ka mākeke.
Nā Huahana Hoʻolālā a me nā Kānaka Pāʻoihana
Ināʻaʻohe lawa kēia mea e māʻona ai i ka makemake o ke kālepa no ka hopena, i loko o nā makahiki i hala aku nei he nui nāʻenehana ETF hou a me ETN iʻikeʻia i kahi i loaʻa ai ka leverage. Hāʻawiʻelua aʻekolu paha mau lōʻihi a me nā hua pōkole i nā mea hana waiwai a me nā mea kālepa iʻoi aku ka hoʻokūkū i nā kumukūʻai o nā hua a me nā waiwai'ē aʻe ma o nā ETF a me nā huahana ETN.
Eia kekahi laʻana, ma ka mahele kūleʻa waiwai maoli loa,ʻelua mau huahana i loaʻa i ka kaulana i nā makahiki i hala iho nei. Nā Wāwae Maʻemaʻe 3x Long Natural Gas ETN (UGAZ) a me nā Mahele Wale 3x Short Natural Gas ETN (DGAZ) ua lilo i huahana kūleʻa kaulana. ʻO kaʻoihana kūʻai iʻoi aku kaʻoi aku o kaʻoi aku ma mua oʻelua miliona mau kālā i kēlā me kēia lā aʻo kaʻoihana DGAZ iʻoi aku ma luna o 9 miliona. ʻO kēia mau huahelu i like ia me ka hoʻomakaʻana oʻOkakopa 2016, a hoʻololi lākou me ka loli a me ka ulu o ka makai kūleʻa maoli ma mua o ka manawa, akā, hiki iāʻoe keʻike i kēia me kahi o 11 miliona mau mahele o kēia mau mea kūʻai nuiʻelua e kūʻai ana i kēlā me kēia lā, ua lilo lākou i mea nui loa kaulana. ʻO ka GLD paha, paha kaʻoihana kūʻai nui a me ka FF aʻoi loa aku ma lalo o 11 miliona mau mahele ma kēlā me kēia hālāwai kūkaʻi ma ke New Exchange Stock Exchange.
Hoʻonuiʻia nā Kuleana i kahi Papa Hana Kūkulu Moinstream Investment
ʻO ka huahana ETF a me nā huahana ETN ua lawe mai i kahi kūʻai waiwai kūpono, kālepa a me nā'ōlelo hoʻopili i kahi makai nui ākea i nā makahiki i hala iho nei. ʻO ka heleʻana o kēia mau kaʻa ua hoʻoili aku i ka waiwai kālepa i ke kālepaʻana mai kahi koho'ē aʻe i kahi papa hana hoʻolaha.
Hoʻonui ka huahana i kaʻoi aku ma mua o ka nui o nā papa waiwai'ē aʻe. ʻO ka uluʻana ma kahi mākeke e hoʻonui ana i nā manawa kūpono no ka waiwai a me nā lilo. No laila,ʻo ka nui o nā kumukūʻai e holo a puni i kēlā me kēia lā ke kumu kūʻai nui loa o nā māhele kūʻai'āina no nā mea he nui loa,ʻoiai, ua loaʻa lākou i nāʻike pilikino.
ʻO ka PyramidʻEke me nā Huahana
ʻOiaiʻoi aku ka maʻalahi o kaʻoihana kūʻai i nā makahiki i hala koke aku nei,ʻo ka poʻe e komo ana i kēia mau mākeke e pono e hoʻomaopopo i nā manawa kūpono a me nā hopena o ka honua o nā mea waiwai. E noʻonoʻo i ke kālepa kūʻai kālepa e like me ke kāpena:
- Ma ke poʻo loa, kahiʻoihana o ke kino. Ma kēia mau kūʻai, hāʻawi nā mea hoʻolako i nā mea kūʻai o ka honua me kā lākou mau koi e pili ana i nā meaʻenehana ikaika.
- ʻO nā maʻamau a me nā koho o ka wā e hiki mai ana ma lalo o ka māhele. he mau meaʻoihana lākou no ke kūʻaiʻana i ka wā e hiki mai ana a me ka hāʻawiʻana i nāʻano kūʻai ma ka nui o kēia mau mākeke eʻae i nā kumukūʻai e hoʻohuli a hoʻoponopono pono.
- ʻO kaʻaoʻao aʻe ma lalo o ka pyramid,ʻo ia nā huahana ETF a me nā ETN i hoʻopukaʻoleʻia e hoʻohana pinepine ana i nā koho a me nā koho o ka wā e hiki mai ana (a me nā hoʻokele, a me nā mea hana'ē aʻe) e like me ka pā e hiki ai iā lākou ke hoʻopili hou i ka hana uku.
- Ma lalo o nā huahana ETF a me nā ETN i hoʻopukaʻoleʻia,ʻo ia nā mea leveraged e manaʻo ana e hilinaʻi i nāʻaelike koho i nā hopena turbocharge. ʻO nā kumu kūʻai a pau o kēia mau mea hana i loaʻa i ko mākou mau'eneke kumukūmaho kūlike i kēia mau lā ma ka honua o nā mea kūʻai, he hōʻailona ia o ke kumukūʻai e hanaʻia ma nā māhele o ke kino. Eia nō naʻe, e hoʻomanaʻo mau i nā huahana ETF / ETN he mau kumuhana o nā huahana.
I ka hoʻolimalimaʻana i nā ETF a me nā huahana ETN, pono nā mākaʻi kūʻai i ka maopopo piha i nā uku a me nā uku kūpono o nā kaʻa pono'ī. Pono lākou e hoʻomaopopo i nā kumuhana o ke kālepa kūʻai. Ināʻaʻole lākou, hiki i ka nui o nā lilo e hoʻonui i ka nui. ʻOiai ka liloʻana o nā mea kūʻai i nāʻoihana hoʻokele waiwai nui, ka waiwai-ʻike mau kaʻike. ʻO ka kūʻaiʻana i kaʻoihana waiwaiʻoihana nui ka hana home a aʻoʻia e loaʻa nā mea hana e hoʻonui ai i kou kūlana o ka holomua.