甚麼是「CFD」？你希望學懂的雙刃劍！－施凌教學第一百九十五集
＊甚麼是「CFD」?
＊「CFD」優點
＊「CFD」缺點

＊甚麼是「CFD」
「CFD」－Contract For Different 中文名是差價合約，是一種比較新興的場外交易產品，投資者可以以商品、指數、股票或期貨等等的價格進行買賣，當中不會涉及資產的實物交易。由於當中不涉及資產的實物交易，投資「CFD」不需要交稅，而且可以買升或是跌，每項資產都會有ask價及bid價例如100／99，假設看升，可以買入1單位ask價100，當資產價格ask價升到105的話，就會獲利5元；相反，若看跌，可以買入1單位bid價99，當資產bid價跌到94，就會獲利5元，簡單來說，買升的話升得愈多賺得愈多，看跌的話跌得愈多賺得愈多。

＊「CFD」優點
1） 由於「CFD」投資的資產不涉及實物，所以理論上所有有浮動價格的東西都可以應用這個工具，表示只需要一個「CFD」戶口已可以投資世界各地所有市場的資產。
2） 「CFD」能夠進行保證金交易，對比起普通的股票交易，投資者只需要存入大約5－20％保證金即可。
3） 因為「CFD」交易不涉及實物交易，投資者便用「CFD」可在熊市和牛市中都有機會獲利。

＊「CFD」缺點
本文題目稱「CFD」為雙刃劍﹐原因就是這個工具本身的優點亦可以成為缺點例如：
1） 進行保證金交易時，假設保證金要求是5％，即表示投資者若本金是＄50000的話，已可當＄1,000,000去使用！，一般投資者若不知道當中槓杆的風險的話會十分危險！例如把＄50000都用掉來買價值＄1,000,000的股票，當股票價值下跌5％的時候，本金已會完完全全地消失！，再向下跌而沒有設止蝕的話將被call margin，風險相當高。
2） 由於不涉及實物，投資者投資「CFD」實際上就是和經紀商對賭，你買升他就要買跌，如此一來，若經紀商本身的資金不夠或保險做得不足的話，有機會倒閉而令投資者受損失，所以選擇經紀商的時候一定要選擇一些已做對沖及較安全的有信譽的公司。


撰文︰邱澤峰
—施凌教學第一百九十五集
教學類別：投資工具

「施凌教學」集中於分享某一指標單一用法，「施凌課室」則分享施凌甚樣運用每種基本、量化及技術分析互相配合及實戰，這亦是「施凌部署」。
對「施凌部署」有興趣朋友可以：
1) 亦可透過「施凌課室」及「茶敘」等活動施凌親身分享、交流及探討市況
2) 在這裡可以認識更多「施凌部署」的應用：
「負翁也能變富翁」（經濟日報全資出版）
「施凌部署五十式 - 平民投資致勝解碼 」（經濟日報全資出版）
http://www.sylinghim.com/education（「施凌部署」網站 - 查閱施凌所有文章、影片、最新活動消息）
http://www.youtube.com/sylinghim （施凌教學）
http://weibo.com/sylinghim（新浪微博「施凌部署」-發訊較即時

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背景音樂:影片片尾備註
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Video Clip Sources:
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https://medal.tv/league-of-legends
Fan contribution
music Sources:
youtube.com/user/NoCopyrightSounds
youtube.com/user/MonstercatMedia
youtube.com/user/freemusicwave
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感謝你的觀看，歡迎分享，也可以訂閱我，隨時追蹤最新影片
剪輯好笑的每周VOD精華及噴笑嗑藥台式翻譯
希望能讓精華更有趣 翻譯並非正統可能有錯或超譯 請見諒
我們也經常剪輯英雄聯盟搞笑爆笑，技術，中文翻譯，實況主選手等的影片，也可以在下方留言，讓我幫你剪輯介紹給大家認識。
諮詢信箱:sgdlolhigh69@gmail.com
投稿信箱:sgdlolhigh69@gmail.com(絕地求生暫時停止投稿，僅接受英雄聯盟)
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Video and music has the player's permission to feature their clip .was shared by the owner and allowed for use or we purchased.
-----------------------------------------------------------------------------------------------------------
COPYRIGHT ISSUES:
We make these videos with the intention of educating LoL players how to increase and improve own skills for better playing in some segments of the game, but to share those in quality compilation with other people.
One of our videos was shared by the owner and allowed for use or we purchased. These videos are made as a montage, consist of fragments from several different LoL matches. The content displayed in the video is recorded within the game, If any owner of clips, used in our compilation, has a copyright issue, feel free to contact us by gmail . We will remove the clip, video or come to an agreement. Thank you.
Using or sharing our compilations is allowed, so feel free to share it anywhere, but it would be nice, to use direct link of video, not of copies.
Thanks !

背景音樂:影片片尾備註
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Video Clip Sources:
https://www.reddit.com/r/leagueoflegends/
https://medal.tv/league-of-legends
Fan contribution
music Sources:
youtube.com/user/NoCopyrightSounds
youtube.com/user/MonstercatMedia
youtube.com/user/freemusicwave
-----------------------------------------------------------------------------------------------------------
感謝你的觀看，歡迎分享，也可以訂閱我，隨時追蹤最新影片
剪輯好笑的每周VOD精華及噴笑嗑藥台式翻譯
希望能讓精華更有趣 翻譯並非正統可能有錯或超譯 請見諒
我們也經常剪輯英雄聯盟搞笑爆笑，技術，中文翻譯，實況主選手等的影片，也可以在下方留言，讓我幫你剪輯介紹給大家認識。
諮詢信箱:sgdlolhigh69@gmail.com
投稿信箱:sgdlolhigh69@gmail.com(絕地求生暫時停止投稿，僅接受英雄聯盟)
-----------------------------------------------------------------------------------------------------------
Video and music has the player's permission to feature their clip .was shared by the owner and allowed for use or we purchased.
-----------------------------------------------------------------------------------------------------------
COPYRIGHT ISSUES:
We make these videos with the intention of educating LoL players how to increase and improve own skills for better playing in some segments of the game, but to share those in quality compilation with other people.
One of our videos was shared by the owner and allowed for use or we purchased. These videos are made as a montage, consist of fragments from several different LoL matches. The content displayed in the video is recorded within the game, If any owner of clips, used in our compilation, has a copyright issue, feel free to contact us by gmail . We will remove the clip, video or come to an agreement. Thank you.
Using or sharing our compilations is allowed, so feel free to share it anywhere, but it would be nice, to use direct link of video, not of copies.
Thanks !