{"id":9211,"date":"2026-03-17T14:48:12","date_gmt":"2026-03-17T06:48:12","guid":{"rendered":"https:\/\/www.kpai1.cn\/?p=9211"},"modified":"2026-03-17T14:48:16","modified_gmt":"2026-03-17T06:48:16","slug":"wmax%e8%a1%8c%e4%b8%ba%e9%87%91%e8%9e%8d%ef%bc%9a%e4%ba%a4%e6%98%93%e5%8f%b0%e5%89%8d%e7%9a%84%e6%97%a0%e5%a3%b0%e6%88%98%e5%bd%b9-%e4%ba%a4%e6%98%93%e5%91%98%e7%9a%84%e5%bf%83%e7%90%86%e5%8d%9a","status":"publish","type":"post","link":"https:\/\/www.kpai1.cn\/vi\/luu-tru\/9211","title":{"rendered":"T\u00e0i ch\u00ednh h\u00e0nh vi Wmax: cu\u1ed9c chi\u1ebfn th\u1ea7m l\u1eb7ng tr\u01b0\u1edbc b\u00e0n giao d\u1ecbch, tr\u00f2 ch\u01a1i t\u00e2m l\u00fd c\u1ee7a nh\u00e0 giao d\u1ecbch v\u00e0 s\u1ef1 t\u1ef1 \u0111\u1ed9t ph\u00e1"},"content":{"rendered":"

Tr\u00ean m\u00e0n h\u00ecnh gi\u00e1m s\u00e1t chuy\u00ean m\u1ee5c t\u00e0i ch\u00ednh h\u00e0nh vi c\u1ee7a Wmax, ngo\u00e0i c\u00e1c d\u00f2ng K v\u00e0 b\u00e1o gi\u00e1 nh\u1ea5p nh\u00e1y, c\u00f2n c\u00f3 m\u1ed9t t\u1eadp h\u1ee3p d\u1eef li\u1ec7u kh\u00f3 nh\u1eadn th\u1ea5y nh\u01b0ng r\u1ea5t quan tr\u1ecdng - qu\u1ef9 \u0111\u1ea1o ra quy\u1ebft \u0111\u1ecbnh c\u1ee7a c\u00e1c nh\u00e0 giao d\u1ecbch v\u00e0 nh\u1eefng bi\u1ebfn \u0111\u1ed9ng c\u1ea3m x\u00fac. Khi th\u1ecb tr\u01b0\u1eddng b\u01b0\u1edbc v\u00e0o giai \u0111o\u1ea1n n\u00f3ng b\u1ecfng, \u0111i\u1ec1u th\u1ef1c s\u1ef1 quy\u1ebft \u0111\u1ecbnh k\u1ebft qu\u1ea3 th\u01b0\u1eddng kh\u00f4ng ph\u1ea3i l\u00e0 ch\u1ea5t l\u01b0\u1ee3ng c\u1ee7a chi\u1ebfn l\u01b0\u1ee3c m\u00e0 l\u00e0 li\u1ec7u ng\u01b0\u1eddi giao d\u1ecbch c\u00f3 th\u1ec3 t\u1ec9nh t\u00e1o trong tr\u00f2 ch\u01a1i t\u00e2m l\u00fd hay kh\u00f4ng. Ch\u00fang ta th\u01b0\u1eddng quan s\u00e1t th\u1ea5y m\u1ed9t hi\u1ec7n t\u01b0\u1ee3ng ngh\u1ecbch l\u00fd: c\u00e1c k\u1ebf ho\u1ea1ch giao d\u1ecbch \u0111\u01b0\u1ee3c thi\u1ebft k\u1ebf c\u1ea9n th\u1eadn s\u1ebd th\u1ea5t b\u1ea1i khi \u0111\u1ed1i m\u1eb7t v\u1edbi s\u1ef1 ho\u1ea3ng lo\u1ea1n, trong khi c\u00e1c ho\u1ea1t \u0111\u1ed9ng d\u01b0\u1eddng nh\u01b0 ng\u1eabu nhi\u00ean v\u00e0 tr\u1ef1c quan \u0111\u00f4i khi l\u1ea1i mang l\u1ea1i l\u1ee3i nhu\u1eadn v\u01b0\u1ee3t m\u1ee9c. \u0110\u1eb1ng sau s\u1ef1 t\u00e1ch bi\u1ec7t n\u00e0y l\u00e0 s\u1ef1 \u0111\u1ed1i \u0111\u1ea7u kh\u1ed1c li\u1ec7t gi\u1eefa b\u1ea3n n\u0103ng nguy\u00ean th\u1ee7y c\u1ee7a b\u1ed9 n\u00e3o con ng\u01b0\u1eddi v\u00e0 logic h\u1ee3p l\u00fd trong m\u00f4i tr\u01b0\u1eddng \u00e1p l\u1ef1c cao.<\/p>\n

Nghi\u00ean c\u1ee9u t\u00e0i ch\u00ednh h\u00e0nh vi cho th\u1ea5y giao d\u1ecbch v\u1ec1 c\u01a1 b\u1ea3n l\u00e0 m\u1ed9t cu\u1ed9c \u0111\u1ed1i tho\u1ea1i v\u1edbi ch\u00ednh m\u00ecnh. Nh\u1eefng bi\u1ebfn \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng c\u00f3 th\u1ec3 k\u00edch ho\u1ea1t ph\u1ea3n \u1ee9ng c\u0103ng th\u1eb3ng c\u1ee7a h\u1ec7 th\u1ed1ng limbic c\u1ee7a n\u00e3o, cho ph\u00e9p m\u1ecdi ng\u01b0\u1eddi \u0111\u01b0a ra nh\u1eefng quy\u1ebft \u0111\u1ecbnh \u0111i ng\u01b0\u1ee3c l\u1ea1i c\u00e1c chi\u1ebfn l\u01b0\u1ee3c \u0111\u00e3 thi\u1ebft l\u1eadp v\u00e0o nh\u1eefng th\u1eddi \u0111i\u1ec3m quan tr\u1ecdng. Wmax t\u1eebng ph\u00e1t hi\u1ec7n qua c\u00e1c th\u1eed nghi\u1ec7m theo d\u00f5i b\u1eb1ng m\u1eaft r\u1eb1ng khi m\u1ee9c tho\u00e1i lui c\u1ee7a t\u00e0i kho\u1ea3n \u0111\u1ea1t 5%, 78% nh\u00e0 giao d\u1ecbch s\u1ebd v\u00f4 th\u1ee9c gi\u1ea3m th\u1eddi gian quan s\u00e1t bi\u1ec3u \u0111\u1ed3 k\u1ef9 thu\u1eadt v\u00e0 thay v\u00e0o \u0111\u00f3 th\u01b0\u1eddng xuy\u00ean ki\u1ec3m tra s\u1ed1 d\u01b0 t\u00e0i kho\u1ea3n. S\u1ef1 thay \u0111\u1ed5i ch\u00fa \u00fd n\u00e0y l\u00e0 t\u00edn hi\u1ec7u c\u1ea3nh b\u00e1o s\u1edbm r\u1eb1ng tuy\u1ebfn ph\u00f2ng th\u1ee7 t\u00e2m l\u00fd \u0111ang b\u1ecb l\u1ecfng l\u1ebbo. Hi\u1ec3u \u0111\u01b0\u1ee3c nh\u1eefng c\u01a1 ch\u1ebf t\u00e2m l\u00fd v\u00f4 h\u00ecnh n\u00e0y l\u00e0 b\u01b0\u1edbc \u0111\u1ea7u ti\u00ean trong vi\u1ec7c x\u00e2y d\u1ef1ng kh\u1ea3 n\u0103ng ph\u1ee5c h\u1ed3i trong giao d\u1ecbch.<\/p>\n

B\u1eaby c\u1ee7a hi\u1ec7u \u1ee9ng neo \u0111\u1eadu: Khi c\u00e1c con s\u1ed1 tr\u1edf th\u00e0nh xi\u1ec1ng x\u00edch<\/p>\n

Hi\u1ec7u \u1ee9ng neo \u0111\u1eadu l\u00e0 m\u1ed9t trong nh\u1eefng th\u00e0nh ki\u1ebfn \u200b\u200bnh\u1eadn th\u1ee9c dai d\u1eb3ng nh\u1ea5t c\u1ee7a c\u00e1c nh\u00e0 giao d\u1ecbch. Khi m\u1ed9t nh\u00e0 giao d\u1ecbch mua v\u00e0ng \u1edf m\u1ee9c gi\u00e1 1.800 USD\/ounce, m\u1ee9c gi\u00e1 ban \u0111\u1ea7u n\u00e0y s\u1ebd \u0111\u01b0\u1ee3c c\u1ed1 \u0111\u1ecbnh trong suy ngh\u0129 c\u1ee7a anh ta nh\u01b0 m\u1ed9t chi\u1ebfc m\u1ecf neo, v\u00e0 c\u00e1c quy\u1ebft \u0111\u1ecbnh ti\u1ebfp theo s\u1ebd v\u00f4 th\u1ee9c xoay quanh \u201cchu\u1ea9n m\u1ef1c t\u00e2m l\u00fd\u201d n\u00e0y. Ngay c\u1ea3 khi th\u1ecb tr\u01b0\u1eddng gi\u1ea3m xu\u1ed1ng c\u00f2n 1.750 USD, anh ta v\u1eabn nh\u1ea5t quy\u1ebft \u201c\u0111\u00f3ng v\u1ecb th\u1ebf khi n\u00f3 tr\u1edf v\u1ec1 gi\u00e1 v\u1ed1n\u201d thay v\u00ec \u0111i\u1ec1u ch\u1ec9nh chi\u1ebfn l\u01b0\u1ee3c theo xu h\u01b0\u1edbng hi\u1ec7n t\u1ea1i. Ph\u00e2n t\u00edch tr\u01b0\u1eddng h\u1ee3p c\u1ee7a Wmax cho th\u1ea5y trong \u0111\u1ee3t \u0111i\u1ec1u ch\u1ec9nh v\u00e0ng v\u00e0o th\u00e1ng 3 n\u0103m 2025, nh\u1eefng nh\u00e0 giao d\u1ecbch \u0111\u00e3 b\u1ecf l\u1ee1 c\u01a1 h\u1ed9i d\u1eebng l\u1ed7 t\u1ed1t nh\u1ea5t do neo gi\u00e1 v\u1ed1n \u0111\u00e3 ph\u1ea3i ch\u1ecbu m\u1ee9c l\u1ed7 trung b\u00ecnh nhi\u1ec1u h\u01a1n 12%.<\/p>\n

Nguy hi\u1ec3m h\u01a1n n\u1eefa l\u00e0 s\u1ef1 ch\u1ed3ng ch\u1ea5t c\u1ee7a \u201cng\u1ee5y bi\u1ec7n chi ph\u00ed ch\u00ecm\u201d. Nh\u00e0 giao d\u1ecbch c\u00e0ng \u0111\u1ea7u t\u01b0 sai h\u01b0\u1edbng th\u00ec c\u00e0ng kh\u00f3 th\u1eeba nh\u1eadn sai l\u1ea7m c\u1ee7a m\u00ecnh, b\u1edfi v\u00ec t\u1eeb b\u1ecf \u0111\u1ed3ng ngh\u0129a v\u1edbi vi\u1ec7c th\u1eeba nh\u1eadn s\u1ef1 th\u1ea5t b\u1ea1i ho\u00e0n to\u00e0n trong ph\u00e1n \u0111o\u00e1n ban \u0111\u1ea7u c\u1ee7a m\u00ecnh. T\u00e2m l\u00fd n\u00e0y d\u1eabn \u0111\u1ebfn m\u1ed9t v\u00f2ng lu\u1ea9n qu\u1ea9n \u201cc\u00e0ng thua c\u00e0ng ch\u1ecbu, c\u00e0ng ch\u1ecbu c\u00e0ng thua\u201d. Wmax khuy\u1ebfn ngh\u1ecb thi\u1ebft l\u1eadp m\u1ed9t \"c\u01a1 ch\u1ebf c\u00e1ch ly ra quy\u1ebft \u0111\u1ecbnh\": vi\u1ebft ra logic giao d\u1ecbch \u0111\u1ed9c l\u1eadp tr\u01b0\u1edbc khi m\u1edf m\u1ed9t v\u1ecb th\u1ebf m\u1ed7i l\u1ea7n v\u00e0 ch\u1ec9 \u0111\u00e1nh gi\u00e1 c\u00e1c \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i khi \u0111\u00f3ng m\u1ed9t v\u1ecb th\u1ebf, c\u1eaft ho\u00e0n to\u00e0n n\u00f3 kh\u1ecfi gi\u00e1 m\u1edf c\u1eeda. Nh\u01b0 m\u1ed9t nh\u00e0 giao d\u1ecbch c\u1ea5p cao \u0111\u00e3 n\u00f3i: \u201cTh\u1ecb tr\u01b0\u1eddng kh\u00f4ng bao gi\u1edd quan t\u00e2m \u0111\u1ebfn gi\u00e1 v\u1ed1n c\u1ee7a b\u1ea1n, n\u00f3 ch\u1ec9 th\u01b0\u1edfng cho nh\u1eefng con m\u1eaft theo xu h\u01b0\u1edbng\u201d.<\/p>\n

Hi\u1ec7u \u1ee9ng x\u1eed l\u00fd: thi\u1ebfu ki\u00ean nh\u1eabn v\u00ec l\u1ee3i nhu\u1eadn v\u00e0 ngoan c\u1ed1 thua l\u1ed7<\/p>\n

\u201cHi\u1ec7u \u1ee9ng t\u00e2m l\u00fd\u201d do nh\u00e0 t\u00e2m l\u00fd h\u1ecdc Hersh Shevlin \u0111\u1ec1 xu\u1ea5t \u0111\u01b0\u1ee3c th\u1ec3 hi\u1ec7n r\u00f5 r\u00e0ng nh\u1ea5t trong l\u0129nh v\u1ef1c giao d\u1ecbch. D\u1eef li\u1ec7u cho th\u1ea5y c\u00e1c nh\u00e0 giao d\u1ecbch b\u00ecnh th\u01b0\u1eddng b\u00e1n c\u00e1c v\u1ecb th\u1ebf c\u00f3 l\u00e3i nhanh h\u01a1n 2,3 l\u1ea7n so v\u1edbi vi\u1ec7c h\u1ecd x\u1eed l\u00fd c\u00e1c v\u1ecb th\u1ebf thua - b\u1edfi v\u00ec ni\u1ec1m vui ki\u1ebfm \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn c\u00f3 th\u1ec3 ngay l\u1eadp t\u1ee9c k\u00edch ho\u1ea1t m\u1ea1ch khen th\u01b0\u1edfng c\u1ee7a n\u00e3o, \u0111\u1ed3ng th\u1eddi th\u1eeba nh\u1eadn thua l\u1ed7 c\u00f3 th\u1ec3 g\u00e2y ra n\u1ed7i \u0111au t\u00e2m l\u00fd d\u1eef d\u1ed9i. Wmax \u0111\u00e3 theo d\u00f5i 1.000 giao d\u1ecbch th\u1ef1c v\u00e0 nh\u1eadn th\u1ea5y r\u1eb1ng khi l\u1ee3i nhu\u1eadn th\u1ea3 n\u1ed5i \u0111\u1ea1t 3%, 65% nh\u00e0 giao d\u1ecbch s\u1ebd ch\u1ecdn \u0111\u00f3ng v\u1ecb th\u1ebf s\u1edbm v\u00e0 b\u1ecf l\u1ee1 xu h\u01b0\u1edbng ti\u1ebfp theo; khi m\u1ee9c l\u1ed7 th\u1ea3 n\u1ed5i \u0111\u1ea1t 3%, ch\u1ec9 c\u00f3 28% s\u1ebd d\u1eebng l\u1ed7 k\u1ecbp th\u1eddi.<\/p>\n

Ki\u1ec3u \u01b0a th\u00edch r\u1ee7i ro b\u1ea5t \u0111\u1ed1i x\u1ee9ng n\u00e0y v\u1ec1 c\u01a1 b\u1ea3n l\u00e0 s\u1ef1 theo \u0111u\u1ed5i b\u1ec7nh ho\u1ea1n c\u1ee7a b\u1ed9 n\u00e3o nh\u1eb1m \u0111\u1ea1t \u0111\u01b0\u1ee3c \"nh\u1eefng l\u1ee3i \u00edch nh\u1ea5t \u0111\u1ecbnh\" v\u00e0 tr\u00e1nh n\u00e9 nh\u1eefng \"t\u1ed5n th\u1ea5t kh\u00f4ng ch\u1eafc ch\u1eafn\" theo b\u1ea3n n\u0103ng. \"C\u00f4ng c\u1ee5 ph\u1ea3n chi\u1ebfu h\u00e0nh vi\" do Wmax ph\u00e1t tri\u1ec3n cho th\u1ea5y c\u00e1c nh\u00e0 giao d\u1ecbch xu\u1ea5t s\u1eafc s\u1ebd ch\u1ed1ng l\u1ea1i s\u1ef1 thi\u1ebfu ki\u00ean nh\u1eabn th\u00f4ng qua chi\u1ebfn l\u01b0\u1ee3c \"ch\u1ed1t l\u1eddi theo \u0111\u1ee3t\" \u0111\u01b0\u1ee3c c\u00e0i s\u1eb5n - chia m\u1ee5c ti\u00eau l\u1ee3i nhu\u1eadn th\u00e0nh nhi\u1ec1u b\u01b0\u1edbc \u0111\u1ec3 ch\u1ed1t m\u1ed9t ph\u1ea7n l\u1ee3i nhu\u1eadn trong khi v\u1eabn ch\u1eeba ch\u1ed7 cho c\u00e1c xu h\u01b0\u1edbng theo sau. \u0110\u1ed1i v\u1edbi vi\u1ec7c m\u1ea5t v\u1ecb tr\u00ed, c\u1ea7n thi\u1ebft l\u1eadp m\u1ed9t \"danh s\u00e1ch d\u1eebng l\u1ed7 v\u00f4 \u0111i\u1ec1u ki\u1ec7n\" \u0111\u1ec3 lo\u1ea1i tr\u1eeb c\u00e1c y\u1ebfu t\u1ed1 c\u1ea3m x\u00fac kh\u1ecfi vi\u1ec7c ra quy\u1ebft \u0111\u1ecbnh. H\u00e3y nh\u1edb: B\u1ea3n ch\u1ea5t c\u1ee7a giao d\u1ecbch l\u00e0 m\u1ed9t tr\u00f2 ch\u01a1i x\u00e1c su\u1ea5t. Vi\u1ec7c \u00e1m \u1ea3nh v\u1ec1 \u0111\u00fang hay sai c\u1ee7a m\u1ed9t kho\u1ea3n l\u00e3i ho\u1eb7c l\u1ed7 s\u1ebd ch\u1ec9 l\u00e0m m\u1edd \u0111\u01b0\u1eddng d\u1eabn l\u1ee3i nhu\u1eadn t\u1ed5ng th\u1ec3.<\/p>\n

S\u1ef1 k\u1ebft h\u1ee3p c\u1ee7a s\u1ef1 t\u1ef1 tin th\u00e1i qu\u00e1 v\u00e0 th\u00e0nh ki\u1ebfn \u200b\u200bquy k\u1ebft<\/p>\n

Sau ba l\u1ea7n l\u00e3i li\u00ean ti\u1ebfp, n\u00e3o c\u1ee7a ng\u01b0\u1eddi giao d\u1ecbch s\u1ebd ti\u1ebft ra qu\u00e1 nhi\u1ec1u dopamine, t\u1ea1o ra \u1ea3o t\u01b0\u1edfng \u201cki\u1ec3m so\u00e1t th\u1ecb tr\u01b0\u1eddng\u201d. S\u1ef1 t\u1ef1 tin th\u00e1i qu\u00e1 n\u00e0y s\u1ebd l\u1eb7ng l\u1ebd thay \u0111\u1ed5i s\u1edf th\u00edch r\u1ee7i ro - m\u1ed9t s\u1ed1 ng\u01b0\u1eddi s\u1ebd t\u0103ng \u0111\u00f2n b\u1ea9y t\u1eeb 1:10 l\u00ean 1:50 v\u00e0 m\u1ed9t s\u1ed1 ng\u01b0\u1eddi s\u1ebd b\u1eaft \u0111\u1ea7u b\u1ecf qua ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt v\u00e0 \u0111\u1eb7t l\u1ec7nh tr\u1ef1c ti\u1ebfp d\u1ef1a tr\u00ean tr\u1ef1c gi\u00e1c. Nghi\u00ean c\u1ee9u khoa h\u1ecdc th\u1ea7n kinh c\u1ee7a Wmax cho th\u1ea5y r\u1eb1ng trong tr\u1ea1ng th\u00e1i t\u1ef1 tin th\u00e1i qu\u00e1, ho\u1ea1t \u0111\u1ed9ng c\u1ee7a v\u1ecf n\u00e3o tr\u01b0\u1edbc tr\u00e1n gi\u1ea3m 23% v\u00e0 kh\u1ea3 n\u0103ng \u0111\u01b0a ra ph\u00e1n \u0111o\u00e1n h\u1ee3p l\u00fd sau \u0111\u00f3 b\u1ecb suy y\u1ebfu. V\u00e0o \u0111\u1ea7u n\u0103m 2026, m\u1ed9t nh\u00e0 giao d\u1ecbch ti\u1ec1n \u0111i\u1ec7n t\u1eed \u0111\u00e3 l\u1ea5p \u0111\u1ea7y v\u1ecb th\u1ebf c\u1ee7a m\u00ecnh \u0111\u1ec3 theo \u0111u\u1ed5i s\u1ef1 gia t\u0103ng sau ba l\u1ea7n t\u0103ng Bitcoin li\u00ean ti\u1ebfp, tr\u00f9ng v\u1edbi th\u1eddi \u0111i\u1ec3m C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang t\u0103ng l\u00e3i su\u1ea5t v\u00e0 anh ta \u0111\u00e3 m\u1ea5t h\u1ebft ti\u1ec1n trong v\u00f2ng ba ng\u00e0y.<\/p>\n

\"Bi\u1ec3u<\/p>\n

S\u1ef1 thi\u00ean v\u1ecb v\u1ec1 quy k\u1ebft c\u00e0ng c\u1ee7ng c\u1ed1 th\u00eam xu h\u01b0\u1edbng nguy hi\u1ec3m n\u00e0y. Khi ki\u1ebfm \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn, ng\u01b0\u1eddi ta c\u00f3 xu h\u01b0\u1edbng \u0111\u1ed5 l\u1ed7i cho kh\u1ea3 n\u0103ng c\u1ee7a b\u1ea3n th\u00e2n (\u201ct\u00f4i nh\u00ecn th\u1ea5y xu h\u01b0\u1edbng\u201d), nh\u01b0ng khi m\u1ea5t ti\u1ec1n h\u1ecd l\u1ea1i \u0111\u1ed5 l\u1ed7i cho c\u00e1c y\u1ebfu t\u1ed1 b\u00ean ngo\u00e0i (\u201cthao t\u00fang nh\u00e0 c\u00e1i\u201d, \u201ctin n\u00f3ng\u201d). S\u1ef1 t\u1ef1 nh\u1eadn th\u1ee9c m\u00e9o m\u00f3 n\u00e0y t\u1ea1o ra \u201cc\u1ea3m gi\u00e1c ki\u1ec3m so\u00e1t sai l\u1ea7m\u201d. Wmax khuy\u1ebfn ngh\u1ecb thi\u1ebft l\u1eadp \"ph\u01b0\u01a1ng ph\u00e1p xem x\u00e9t nh\u1eadt k\u00fd giao d\u1ecbch m\u00f9 \u0111\u00f4i\": gi\u1ea5u k\u1ebft qu\u1ea3 giao d\u1ecbch v\u00e0 ch\u1ec9 \u0111\u00e1nh gi\u00e1 l\u1ea1i d\u1ef1a tr\u00ean m\u00f4i tr\u01b0\u1eddng th\u1ecb tr\u01b0\u1eddng v\u00e0 c\u01a1 s\u1edf ra quy\u1ebft \u0111\u1ecbnh v\u00e0o th\u1eddi \u0111i\u1ec3m \u0111\u00f3, bu\u1ed9c b\u1ed9 n\u00e3o ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi m\u1ee9c \u0111\u1ed9 ph\u00e1n \u0111o\u00e1n th\u1ef1c s\u1ef1. Ch\u1ec9 b\u1eb1ng c\u00e1ch lo\u1ea1i b\u1ecf y\u1ebfu t\u1ed1 may m\u1eafn, ch\u00fang ta m\u1edbi c\u00f3 th\u1ec3 th\u1ea5y \u0111\u01b0\u1ee3c ranh gi\u1edbi th\u1ef1c s\u1ef1 c\u1ee7a kh\u1ea3 n\u0103ng v\u00e0 r\u1ee7i ro.<\/p>\n

T\u1eeb \u201c\u0111\u1ea5u nh\u00e2n t\u00ednh\u201d \u0111\u1ebfn \u201cki\u1ec1m ch\u1ebf nh\u00e2n t\u00ednh\u201d<\/p>\n

B\u00ed quy\u1ebft c\u1ee7a nh\u1eefng nh\u00e0 giao d\u1ecbch h\u00e0ng \u0111\u1ea7u kh\u00f4ng ph\u1ea3i l\u00e0 lo\u1ea1i b\u1ecf c\u1ea3m x\u00fac m\u00e0 l\u00e0 t\u1ea1o ra m\u1ed9t \u201cv\u00f9ng \u0111\u1ec7m\u201d c\u1ea3m x\u00fac. Wmax quan s\u00e1t th\u1ea5y r\u1eb1ng c\u00e1c nh\u00e0 giao d\u1ecbch tr\u01b0\u1edfng th\u00e0nh th\u01b0\u1eddng \u00e1p d\u1ee5ng \"ph\u01b0\u01a1ng ph\u00e1p ra quy\u1ebft \u0111\u1ecbnh ba b\u01b0\u1edbc\": b\u01b0\u1edbc \u0111\u1ea7u ti\u00ean l\u00e0 h\u00ecnh th\u00e0nh ph\u00e1n \u0111o\u00e1n s\u01a1 b\u1ed9 d\u1ef1a tr\u00ean c\u00e1c ch\u1ec9 s\u1ed1 kh\u00e1ch quan; b\u01b0\u1edbc th\u1ee9 hai l\u00e0 t\u1ea1m d\u1eebng thao t\u00e1c v\u00e0 quan s\u00e1t ph\u1ea3n \u1ee9ng c\u1ee7a c\u01a1 th\u1ec3 (nh\u01b0 nh\u1ecbp tim t\u0103ng nhanh, l\u00f2ng b\u00e0n tay \u0111\u1ed5 m\u1ed3 h\u00f4i); B\u01b0\u1edbc th\u1ee9 ba l\u00e0 ch\u1ec9 th\u1ef1c hi\u1ec7n giao d\u1ecbch khi ph\u00e2n t\u00edch h\u1ee3p l\u00fd v\u00e0 b\u00ecnh t\u0129nh sinh l\u00fd c\u00f9ng t\u1ed3n t\u1ea1i. S\u1ef1 \"hi\u1ec7u chu\u1ea9n sinh l\u00fd\" n\u00e0y c\u00f3 th\u1ec3 l\u00e0m gi\u1ea3m 42% kh\u1ea3 n\u0103ng \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh b\u1ed1c \u0111\u1ed3ng.<\/p>\n

Tr\u1ea1ng th\u00e1i ti\u00ean ti\u1ebfn h\u01a1n l\u00e0 x\u00e2y d\u1ef1ng \u201ckhu\u00f4n kh\u1ed5 t\u01b0 duy x\u00e1c su\u1ea5t\u201d. H\u00e3y coi m\u1ed7i giao d\u1ecbch nh\u01b0 m\u1ed9t s\u1ef1 ki\u1ec7n \u0111\u1ed9c l\u1eadp v\u00e0 t\u1eadp trung v\u00e0o l\u1ee3i nhu\u1eadn k\u1ef3 v\u1ecdng c\u1ee7a to\u00e0n b\u1ed9 h\u1ec7 th\u1ed1ng thay v\u00ec m\u1ed9t k\u1ebft qu\u1ea3 duy nh\u1ea5t. \u201cTr\u1ea1i hu\u1ea5n luy\u1ec7n d\u1ebbo dai tinh th\u1ea7n\u201d do Wmax ph\u00e1t tri\u1ec3n y\u00eau c\u1ea7u h\u1ecdc vi\u00ean th\u1ef1c hi\u1ec7n \u201cdi\u1ec5n t\u1eadp t\u00ecnh hu\u1ed1ng x\u1ea5u nh\u1ea5t\u201d k\u00e9o d\u00e0i 10 ph\u00fat m\u1ed7i ng\u00e0y - t\u01b0\u1edfng t\u01b0\u1ee3ng chi\u1ebfn l\u01b0\u1ee3c \u1ee9ng ph\u00f3 khi t\u00e0i kho\u1ea3n r\u00fat 30%. \u201cV\u1eafc xin t\u00e2m l\u00fd\u201d n\u00e0y c\u00f3 th\u1ec3 l\u00e0m gi\u1ea3m \u0111\u00e1ng k\u1ec3 ph\u1ea3n \u1ee9ng ho\u1ea3ng lo\u1ea1n khi thua l\u1ed7 th\u1ef1c s\u1ef1. Nh\u01b0 chuy\u00ean gia t\u00e0i ch\u00ednh h\u00e0nh vi Daniel Kahneman \u0111\u00e3 n\u00f3i: \u201cR\u1ee7i ro th\u1ef1c s\u1ef1 kh\u00f4ng ph\u1ea3i l\u00e0 s\u1ef1 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng m\u00e0 l\u00e0 kh\u00f4ng bi\u1ebft khi n\u00e0o b\u1ea1n s\u1ebd s\u1ee5p \u0111\u1ed5\u201d.<\/p>\n

Theo quan \u0111i\u1ec3m c\u1ee7a Wmax, m\u1ed7i tr\u00f2 ch\u01a1i tr\u01b0\u1edbc b\u00e0n giao d\u1ecbch \u0111\u1ec1u l\u00e0 m\u1ed9t th\u1eed th\u00e1ch \u0111\u1ed1i v\u1edbi gi\u1edbi h\u1ea1n nh\u1eadn th\u1ee9c. Nh\u1eefng nh\u00e0 giao d\u1ecbch c\u00f3 th\u1ec3 ki\u1ec1m ch\u1ebf khi tham lam, b\u00ecnh t\u0129nh khi s\u1ee3 h\u00e3i v\u00e0 t\u1ec9nh t\u00e1o khi ki\u00eau ng\u1ea1o \u0111\u00e3 t\u00edch h\u1ee3p c\u00e1c quy t\u1eafc c\u1ee7a tr\u00f2 ch\u01a1i t\u00e2m l\u00fd v\u00e0o tr\u00ed nh\u1edb c\u01a1 b\u1eafp c\u1ee7a h\u1ecd. H\u1ecd hi\u1ec3u r\u1eb1ng h\u1ec7 th\u1ed1ng giao d\u1ecbch t\u1ed1t nh\u1ea5t kh\u00f4ng ph\u1ea3i l\u00e0 m\u1ed9t chi\u1ebfn l\u01b0\u1ee3c \u0111\u01b0\u1ee3c vi\u1ebft tr\u00ean gi\u1ea5y, m\u00e0 l\u00e0 s\u1ef1 h\u1ee3p l\u00fd \u0111\u01b0\u1ee3c kh\u1eafc s\u00e2u v\u00e0o c\u01a1 th\u1ec3 - s\u1ef1 h\u1ee3p l\u00fd n\u00e0y cho ph\u00e9p h\u1ecd \u0111\u1ee9ng v\u1eefng tr\u01b0\u1edbc nh\u1eefng c\u01a1n b\u00e3o th\u1ecb tr\u01b0\u1eddng v\u00e0 gi\u1eef v\u1eefng \u0111i\u1ec3m m\u1ea5u ch\u1ed1t khi \u0111\u1ed1i m\u1eb7t v\u1edbi s\u1ef1 y\u1ebfu \u0111u\u1ed1i c\u1ee7a con ng\u01b0\u1eddi.<\/p>","protected":false},"excerpt":{"rendered":"

Nghi\u00ean c\u1ee9u t\u00e0i ch\u00ednh h\u00e0nh vi c\u1ee7a Wmax ti\u1ebft l\u1ed9 tr\u00f2 ch\u01a1i t\u00e2m l\u00fd trong giao d\u1ecbch. Ph\u00e2n t\u00edch chuy\u00ean s\u00e2u v\u1ec1 t\u00e1c \u0111\u1ed9ng c\u1ee7a c\u00e1c th\u00e0nh ki\u1ebfn \u200b\u200bnh\u1eadn th\u1ee9c nh\u01b0 hi\u1ec7u \u1ee9ng neo \u0111\u1eadu, hi\u1ec7u \u1ee9ng khuynh h\u01b0\u1edbng v\u00e0 s\u1ef1 t\u1ef1 tin th\u00e1i qu\u00e1 \u0111\u1ed1i v\u1edbi vi\u1ec7c ra quy\u1ebft \u0111\u1ecbnh. Th\u00f4ng qua c\u00e1c c\u00f4ng c\u1ee5 ph\u1ea3n chi\u1ebfu h\u00e0nh vi c\u1ee7a Wmax v\u00e0 r\u00e8n luy\u1ec7n s\u1ee9c b\u1ec1n tinh th\u1ea7n, ch\u00fang t\u00f4i c\u00f3 th\u1ec3 gi\u00fap b\u1ea1n x\u00e2y d\u1ef1ng v\u00f9ng \u0111\u1ec7m \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh h\u1ee3p l\u00fd, chuy\u1ec3n t\u1eeb \u0111\u1ea5u tranh ch\u1ed1ng l\u1ea1i b\u1ea3n ch\u1ea5t con ng\u01b0\u1eddi sang ki\u1ec3m so\u00e1t b\u1ea3n ch\u1ea5t con ng\u01b0\u1eddi v\u00e0 duy tr\u00ec \u0111i\u1ec3m m\u1ea5u ch\u1ed1t trong nh\u1eefng bi\u1ebfn \u0111\u1ed9ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/p>","protected":false},"author":1,"featured_media":9212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[120],"tags":[343,374,400],"class_list":["post-9211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-solutions","tag-343","tag-374","tag-400"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/9211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/comments?post=9211"}],"version-history":[{"count":1,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/9211\/revisions"}],"predecessor-version":[{"id":9214,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/9211\/revisions\/9214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media\/9212"}],"wp:attachment":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media?parent=9211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/categories?post=9211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/tags?post=9211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}