Blog
文章
關於交易、記錄交易日誌，以及我們在 Tradeways 打造的各項工具。
How to Read a Central Bank Statement
A rate decision is rarely the news. The news is what changed since the last one: the guidance, the votes, the projections, the balance sheet. This is how to read a policy statement the way desks do, by comparison.
基礎術語表Hawkish vs. Dovish: What They Actually Mean
Two words carry most of the meaning in central-bank commentary. Hawkish leans toward tighter money; dovish leans toward easier money. The nuance, and the mistakes, come from what they are measured against.
閱讀時間 3 分鐘
基礎Why the Change Matters More Than the Statement
The market has read this month’s rate decision before it prints. What it hasn’t priced is the wording that quietly changed since last time. The edge is in reading the diff, not the document.
閱讀時間 4 分鐘
術語表指標R-multiple
An R-multiple expresses a trade result as profit or loss measured in units of the initial risk you put at stake when you entered.
閱讀時間 3 分鐘
術語表指標Realized vs. unrealized P&L
Realized P&L is profit booked when you close a position; unrealized P&L is the open, mark-to-market gain or loss on positions still running.
閱讀時間 3 分鐘
術語表指標Breakeven win rate
The minimum percentage of trades you need to win to break even at a given reward-to-risk ratio, before costs.
閱讀時間 3 分鐘
術語表指標Trading expectancy
Expectancy is the average profit or loss you can expect per trade, measured across a large sample of trades rather than any single outcome.
閱讀時間 3 分鐘
術語表指標Profit factor
Profit factor is your gross profit divided by your gross loss — the total dollars your winners made against the total dollars your losers cost.
閱讀時間 3 分鐘
術語表指標Win rate
Win rate is the share of your closed trades that finished in profit, expressed as a percentage.
閱讀時間 3 分鐘
術語表指標Average win / average loss
The payoff ratio: your mean profit per winning trade divided by your mean loss per losing trade, measuring how much winners outsize losers.
閱讀時間 3 分鐘
術語表指標Sharpe ratio
The Sharpe ratio measures risk-adjusted return: your average excess return over the risk-free rate divided by the volatility of your returns.
閱讀時間 3 分鐘
術語表部位大小Position sizing
Position sizing is deciding how much to trade so each position risks a controlled, predetermined slice of your account.
閱讀時間 3 分鐘