{"id":8289,"date":"2023-11-29T23:16:32","date_gmt":"2023-11-29T23:16:32","guid":{"rendered":"https:\/\/masterskills.org\/blog\/drawdown-trong-dau-tu-la-gi-dac-diem.html"},"modified":"2023-12-21T14:18:26","modified_gmt":"2023-12-21T07:18:26","slug":"drawdown-trong-dau-tu-la-gi-dac-diem","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/drawdown-trong-dau-tu-la-gi-dac-diem.html","title":{"rendered":"Drawdown trong \u0111\u1ea7u t\u01b0 l\u00e0 g\u00ec? \u0110\u1eb7c \u0111i\u1ec3m"},"content":{"rendered":"
\n
\n
<\/div>\n
\n

\u1ea2nh minh h\u1ecda. Ngu\u1ed3n: Clarity Retirement Advisors LLC.<\/p>\n<\/div>\n<\/div>\n

Drawdown<\/font><\/b><\/h2>\n

Kh\u00e1i ni\u1ec7m<\/b><\/p>\n

Drawdown<\/b>\u00a0l\u00e0 m\u1ed9t s\u1ef1 suy gi\u1ea3m t\u1eeb \u0111\u1ec9nh \u0111\u1ebfn \u0111\u00e1y trong m\u1ed9t giai \u0111o\u1ea1n c\u1ee5 th\u1ec3 \u0111\u1ed1i v\u1edbi m\u1ed9t kho\u1ea3n \u0111\u1ea7u t\u01b0, t\u00e0i kho\u1ea3n giao d\u1ecbch ho\u1eb7c qu\u0129. M\u1ed9t drawdown th\u01b0\u1eddng \u0111\u01b0\u1ee3c \u0111\u00e1nh d\u1ea5u b\u1edfi t\u1ec9 l\u1ec7 ph\u1ea7n tr\u0103m gi\u1eefa \u0111\u1ec9nh v\u00e0 \u0111\u00e1y ti\u1ebfp theo.\u00a0<\/p>\n

N\u1ebfu m\u1ed9t t\u00e0i kho\u1ea3n giao d\u1ecbch c\u00f3 10.000 USD trong \u0111\u00f3 v\u00e0 s\u1ed1 ti\u1ec1n gi\u1ea3m xu\u1ed1ng c\u00f2n 9.000 USD tr\u01b0\u1edbc khi quay tr\u1edf l\u1ea1i tr\u00ean 10.000 USD, th\u00ec t\u00e0i kho\u1ea3n giao d\u1ecbch \u0111\u00e3 ch\u1ee9ng ki\u1ebfn m\u1ee9c gi\u1ea3m 10%.<\/p>\n

Theo d\u00f5i drawdown l\u00e0 vi\u1ec7c r\u1ea5t quan tr\u1ecdng \u0111\u1ec3 \u0111o l\u01b0\u1eddng r\u1ee7i ro l\u1ecbch s\u1eed c\u1ee7a c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 kh\u00e1c nhau, so s\u00e1nh hi\u1ec7u su\u1ea5t qu\u0129 ho\u1eb7c gi\u00e1m s\u00e1t hi\u1ec7u su\u1ea5t giao d\u1ecbch c\u00e1 nh\u00e2n.<\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a Drawdown<\/font><\/b><\/h3>\n

M\u1ed9t giai \u0111o\u1ea1n v\u1eabn coi l\u00e0 drawdown khi gi\u00e1 v\u1eabn d\u01b0\u1edbi m\u1ee9c \u0111\u1ec9nh. Trong v\u00ed d\u1ee5 tr\u00ean, m\u1ee9c thua l\u1ed7 ch\u1ec9 l\u00e0 10% cho \u0111\u1ebfn khi t\u00e0i kho\u1ea3n t\u0103ng tr\u1edf l\u1ea1i tr\u00ean 10.000 USD. Khi t\u00e0i kho\u1ea3n t\u0103ng tr\u1edf l\u1ea1i tr\u00ean 10.000 USD th\u00ec k\u1ebft th\u00fac giai \u0111o\u1ea1n drawdown v\u00e0 ph\u1ea7n thua l\u1ed7 \u0111\u01b0\u1ee3c ghi l\u1ea1i.<\/p>\n

Ph\u01b0\u01a1ng ph\u00e1p ghi l\u1ea1i c\u00e1c kho\u1ea3n thua l\u1ed7 n\u00e0y r\u1ea5t h\u1eefu \u00edch v\u00ec kh\u00f4ng th\u1ec3 \u0111o \u0111\u01b0\u1ee3c \u0111\u00e1y cho \u0111\u1ebfn khi \u0111\u1ea1t \u0111\u1ebfn \u0111\u1ec9nh m\u1edbi. Mi\u1ec5n l\u00e0 gi\u00e1 ho\u1eb7c gi\u00e1 tr\u1ecb c\u1ee7a kho\u1ea3n \u0111\u1ea7u t\u01b0 v\u1eabn \u1edf d\u01b0\u1edbi m\u1ee9c c\u0169, m\u1ed9t \u0111\u00e1y th\u1ea5p h\u01a1n c\u00f3 th\u1ec3 x\u1ea3y ra s\u1ebd l\u00e0m t\u0103ng s\u1ed1 ti\u1ec1n thua l\u1ed7.<\/p>\n

Drawdown gi\u00fap x\u00e1c \u0111\u1ecbnh r\u1ee7i ro t\u00e0i ch\u00ednh c\u1ee7a m\u1ed9t kho\u1ea3n \u0111\u1ea7u t\u01b0. C\u00e1c t\u1ec9 l\u1ec7 Sterling s\u1eed d\u1ee5ng drawdown \u0111\u1ec3 so s\u00e1nh ph\u1ea7n l\u00e3i c\u00f3 th\u1ec3 c\u00f3 \u0111\u01b0\u1ee3c c\u1ee7a t\u00e0i s\u1ea3n so v\u1edbi r\u1ee7i ro c\u1ee7a n\u00f3.<\/p>\n

Drawdown c\u00f2n l\u00e0 m\u1ed9t n\u1eeda gi\u00e1 tr\u1ecb \u00e2m c\u1ee7a \u0111\u1ed9 l\u1ec7ch chu\u1ea9n li\u00ean quan \u0111\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu. S\u1ef1 suy gi\u1ea3m gi\u00e1 c\u1ed5 phi\u1ebfu t\u1eeb m\u1ee9c cao xu\u1ed1ng m\u1ee9c th\u1ea5p \u0111\u01b0\u1ee3c coi l\u00e0 s\u1ed1 ti\u1ec1n thua l\u1ed7. N\u1ebfu m\u1ed9t c\u1ed5 phi\u1ebfu gi\u1ea3m t\u1eeb $100 xu\u1ed1ng $50 v\u00e0 sau \u0111\u00f3 t\u0103ng tr\u1edf l\u1ea1i $100,01 tr\u1edf l\u00ean, th\u00ec m\u1ee9c gi\u1ea3m l\u00e0 $50 ho\u1eb7c 50% so v\u1edbi m\u1ee9c \u0111\u1ec9nh.\u00a0<\/p>\n

C\u00f4ng th\u1ee9c t\u00ednh Drawdown t\u1ed1i \u0111a<\/font><\/b><\/h3>\n

Drawdown t\u1ed1i \u0111a (Maximum drawdown) l\u00e0 m\u1ee9c gi\u1ea3m l\u1edbn nh\u1ea5t t\u1eeb m\u1ee9c \u0111\u1ec9nh c\u1ee7a v\u1ed1n ban \u0111\u1ea7u \u0111\u1ebfn m\u1ee9c \u0111\u00e1y c\u1ee7a v\u1ed1n. Nh\u00e0 \u0111\u1ea7u t\u01b0 ch\u1ec9 c\u00f3 th\u1ec3 t\u00ednh \u0111\u01b0\u1ee3c drawdown sau khi m\u1ed9t \u0111\u1ec9nh m\u1edbi \u0111\u01b0\u1ee3c t\u1ea1o. C\u00f4ng th\u1ee9c t\u00ednh nh\u01b0 sau:<\/p>\n

Drawdown = (\u0110\u1ec9nh v\u1ed1n \u2013 \u0110\u00e1y v\u1ed1n) \/ \u0110\u1ec9nh v\u1ed1n<\/p>\n

V\u00ed d\u1ee5, m\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 b\u1eaft \u0111\u1ea7u danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a m\u00ecnh v\u1edbi 5.000 USD, v\u00e0 n\u00f3 t\u0103ng gi\u00e1 tr\u1ecb l\u00ean 10.000 USD, sau \u0111\u00f3 gi\u1ea3m xu\u1ed1ng c\u00f2n 4.000 USD, sau \u0111\u00f3 t\u0103ng l\u00ean 12.000 USD, sau \u0111\u00f3 gi\u1ea3m xu\u1ed1ng c\u00f2n 3.000 USD, sau \u0111\u00f3 t\u0103ng l\u00ean 13.000 USD. Trong tr\u01b0\u1eddng h\u1ee3p n\u00e0y, drawdown t\u1ed1i \u0111a l\u00e0 (12.000 – 3.000) \/ 12.000 = 75%.<\/p>\n

M\u1eb7c d\u00f9 \u0111\u1ec9nh v\u1ed1n cao nh\u1ea5t l\u00e0 13.000 USD, nh\u01b0ng n\u00f3 kh\u00f4ng \u0111\u01b0\u1ee3c d\u00f9ng \u0111\u1ec3 t\u00ednh drawdown t\u1ed1i \u0111a, do sau n\u00f3 kh\u00f4ng c\u00f3 m\u1ee9c \u0111\u00e1y. Ngo\u00e0i ra, vi\u1ec7c gi\u1ea3m t\u1eeb 10.000 USD xu\u1ed1ng c\u00f2n 4.000 USD\u00a0\u00a0kh\u00f4ng \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn ph\u00e9p t\u00ednh drawdown t\u1ed1i \u0111a, do 10.000 USD kh\u00f4ng ph\u1ea3i l\u00e0 \u0111\u1ec9nh cao nh\u1ea5t.\u00a0<\/p>\n

\u0110\u00e1nh gi\u00e1 Drawdown<\/font><\/b><\/h3>\n

Th\u00f4ng th\u01b0\u1eddng, r\u1ee7i ro thua l\u1ed7 \u0111\u01b0\u1ee3c gi\u1ea3m thi\u1ec3u b\u1eb1ng c\u00e1ch n\u1eafm gi\u1eef m\u1ed9t danh m\u1ee5c \u0111\u1ea7u t\u01b0 \u0111a d\u1ea1ng v\u00e0 n\u1eafm r\u00f5 th\u1eddi gian ph\u1ee5c h\u1ed3i. N\u1ebfu m\u1ed9t ng\u01b0\u1eddi s\u1edbm b\u1eaft \u0111\u1ea7u s\u1ef1 nghi\u1ec7p ho\u1eb7c c\u00f3 h\u01a1n 10 n\u0103m cho \u0111\u1ebfn khi ngh\u1ec9 h\u01b0u, gi\u1edbi h\u1ea1n thua l\u1ed7 m\u00e0 h\u1ea7u h\u1ebft c\u00e1c c\u1ed1 v\u1ea5n t\u00e0i ch\u00ednh \u1ee7ng h\u1ed9 l\u00e0 20%, \u0111\u1ee7 \u0111\u1ec3 danh m\u1ee5c \u0111\u1ea7u t\u01b0 ph\u1ee5c h\u1ed3i. Tuy nhi\u00ean, ng\u01b0\u1eddi v\u1ec1 h\u01b0u c\u1ea7n \u0111\u1eb7c bi\u1ec7t c\u1ea9n th\u1eadn v\u1ec1 r\u1ee7i ro thua l\u1ed7 trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a h\u1ecd, v\u00ec h\u1ecd c\u00f3 th\u1ec3 kh\u00f4ng c\u00f3 nhi\u1ec1u n\u0103m \u0111\u1ec3 danh m\u1ee5c \u0111\u1ea7u t\u01b0 ph\u1ee5c h\u1ed3i tr\u01b0\u1edbc khi h\u1ecd b\u1eaft \u0111\u1ea7u thua l\u1ed7.<\/p>\n

\u0110a d\u1ea1ng h\u00f3a danh m\u1ee5c \u0111\u1ea7u t\u01b0 v\u1edbi c\u00e1c c\u1ed5 phi\u1ebfu, tr\u00e1i phi\u1ebfu, kim lo\u1ea1i qu\u00ed, h\u00e0ng h\u00f3a v\u00e0 c\u00f4ng c\u1ee5 ti\u1ec1n m\u1eb7t c\u00f3 th\u1ec3 h\u1ea1n ch\u1ebf t\u00ecnh tr\u1ea1ng thua l\u1ed7, v\u00ec \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n kh\u00e1c nhau theo nh\u1eefng c\u00e1ch kh\u00e1c nhau.<\/p>\n

(Theo\u00a0Investopedia <\/i>v\u00e0 Forex Training Group<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Drawdown l\u00e0 m\u1ed9t s\u1ef1 suy gi\u1ea3m t\u1eeb \u0111\u1ec9nh \u0111\u1ebfn \u0111\u00e1y trong m\u1ed9t giai \u0111o\u1ea1n c\u1ee5 th\u1ec3 \u0111\u1ed1i v\u1edbi m\u1ed9t kho\u1ea3n \u0111\u1ea7u t\u01b0, t\u00e0i kho\u1ea3n giao d\u1ecbch ho\u1eb7c qu\u0129.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/8289"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=8289"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/8289\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=8289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=8289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=8289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}