{"id":109743,"date":"2021-01-18T08:56:46","date_gmt":"2021-01-18T08:56:46","guid":{"rendered":"https:\/\/www.zfx.com\/?post_type=academy&p=109743"},"modified":"2022-02-17T14:35:36","modified_gmt":"2022-02-17T14:35:36","slug":"huong-dan-choi-co-phieu-qua-chien-luoc-ban-khong-sieu-loi-nhuan","status":"publish","type":"academy","link":"https:\/\/www.zfxvn.com\/vi\/academy\/huong-dan-choi-co-phieu-qua-chien-luoc-ban-khong-sieu-loi-nhuan\/","title":{"rendered":"H\u01b0\u1edbng d\u1eabn ch\u01a1i c\u1ed5 phi\u1ebfu t\u1eeb chi\u1ebfn l\u01b0\u1ee3c b\u00e1n kh\u1ed1ng (short) si\u00eau l\u1ee3i nhu\u1eadn, b\u1ea1n c\u00f3 bi\u1ebft?"},"content":{"rendered":"

Th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh trong 2 n\u0103m v\u1eeba qua \u0111\u1ea7y bi\u1ebfn \u0111\u1ed9ng. C\u1ee5 th\u1ec3, t\u1eeb n\u0103m 2019 – 2020, s\u1ef1 xu\u1ea5t hi\u1ec7n v\u00e0 b\u00f9ng ph\u00e1t d\u1ecbch b\u1ec7nh Covid \u0111\u00e3 l\u00e0m \u1ea3nh h\u01b0\u1edfng r\u1ea5t nghi\u00eam tr\u1ecdng \u0111\u1ebfn n\u1ec1n kinh t\u1ebf th\u1ebf gi\u1edbi. T\u1eeb \u0111\u00f3, k\u00e9o theo c\u00e1c giao d\u1ecbch ch\u1ee9ng kho\u00e1n M\u1ef9 v\u00e0 gi\u00e1 d\u1ea7u th\u00f4 gi\u1ea3m \u201c\u0111\u00e1y k\u1ecbch s\u00e0n\u201d. Nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 r\u00fat v\u1ed1n, ch\u1ea5p nh\u1eadn l\u1ed7 \u0111\u1ec3 tr\u00e1nh r\u1ee7i ro. Tuy nhi\u00ean, c\u0169ng c\u00f3 kh\u00f4ng \u00edt ng\u01b0\u1eddi \u0111\u00e3 kh\u00e9o l\u00e9o d\u00f9ng chi\u1ebfn thu\u1eadt \u201cB\u00e1n kh\u1ed1ng\u201d khi s\u1ea3n ph\u1ea9m \u0111ang d\u01b0\u1edbi \u0111\u00e1y th\u1ecb tr\u01b0\u1eddng \u0111\u1ec3 ki\u1ebfm l\u1eddi.<\/span><\/p>\n

V\u1eady th\u00ec, ch\u00ednh x\u00e1c cho \u201cB\u00e1n kh\u1ed1ng\u201d (short selling) trong <\/span>h\u01b0\u1edbng d\u1eabn ch\u01a1i c\u1ed5 phi\u1ebfu<\/b> l\u00e0 g\u00ec? V\u00ec sao n\u00f3i B\u00e1n kh\u1ed1ng l\u00e0 1 trong 5 c\u00e1ch mua\/b\u00e1n c\u1ed5 phi\u1ebfu \u0111\u1ea1t hi\u1ec7u qu\u1ea3 nh\u1ea5t? B\u00e0i vi\u1ebft sau \u0111\u00e2y s\u1ebd l\u00e0 c\u00e2u tr\u1ea3 l\u1eddi cho nh\u1eefng n\u1ed9i dung c\u00f3 li\u00ean quan \u0111\u1ebfn nguy\u00ean l\u00fd, ph\u01b0\u01a1ng th\u1ee9c ho\u1ea1t \u0111\u1ed9ng v\u00e0 r\u1ee7i ro ti\u1ec1m \u1ea9n. N\u00e0o c\u00f9ng nhau \u0111\u1ecdc nh\u00e9. <\/span><\/p>\n

<\/p>\n

H\u01b0\u1edbng d\u1eabn ch\u01a1i c\u1ed5 phi\u1ebfu tr\u1ef1c tuy\u1ebfn \u0111\u1ec3 c\u00f3 th\u1ec3 ki\u1ebfm l\u1eddi \u201cngon l\u00e0nh\u201d theo c\u00e1ch b\u00e1n kh\u1ed1ng\u00a0<\/strong><\/span><\/h2>\n

Ch\u1eafc h\u1eb3n b\u1ea1n \u0111\u00e3 qu\u00e1 quen thu\u1ed9c v\u1edbi nhi\u1ec1u c\u00e1ch h\u01b0\u1edbng d\u1eabn ch\u01a1i c\u1ed5 phi\u1ebfu nh\u01b0 \u201cmua \u0111\u00e1y b\u00e1n \u0111\u1ec9nh\u201d, \u201cb\u1eaft \u0111\u00e1y ki\u1ebfm l\u1eddi\u201d… \u1edf th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n. Nh\u01b0ng \u0111\u1ebfn v\u1edbi th\u1ecb tr\u01b0\u1eddng ngo\u1ea1i h\u1ed1i, c\u1ee5 th\u1ec3 l\u00e0 tr\u00ean c\u00e1c s\u00e0n Forex, th\u00ec chi\u1ebfn l\u01b0\u1ee3c hay \u0111\u01b0\u1ee3c g\u1ecdi t\u00ean l\u00e0 B\u00e1n kh\u1ed1ng. V\u1edbi chi\u1ebfn l\u01b0\u1ee3c n\u00e0y, nh\u00e0 giao d\u1ecbch c\u00f3 th\u1ec3 \u201cl\u1eadt ng\u01b0\u1ee3c\u201d t\u00ecnh th\u1ebf ngay c\u1ea3 khi gi\u00e1 \u0111ang s\u1ee5t gi\u1ea3m. Tuy nhi\u00ean, c\u00e1ch s\u1eed d\u1ee5ng l\u1ec7nh n\u00e0y kh\u00f4ng h\u1ec1 \u0111\u01a1n gi\u1ea3n, \u0111\u00f2i h\u1ecfi nh\u00e0 giao d\u1ecbch ph\u1ea3i bi\u1ebft n\u1eafm ch\u1eafc k\u1ef9 thu\u1eadt v\u00e0 kinh nghi\u1ec7m ph\u00e2n t\u00edch khi th\u1ef1c hi\u1ec7n.<\/p>\n

\"Short<\/p>\n

B\u00e1n kh\u1ed1ng trong h\u01b0\u1edbng d\u1eabn ch\u01a1i c\u1ed5 phi\u1ebfu l\u00e0 g\u00ec? Ph\u01b0\u01a1ng th\u1ee9c ho\u1ea1t \u0111\u1ed9ng cho chi\u1ebfn thu\u1eadt \u0111\u1ea7u t\u01b0<\/strong><\/span><\/h3>\n
    \n
  • \u0110\u1ecbnh ngh\u0129a:<\/strong><\/li>\n<\/ul>\n

    \u201cShorting\u201d ho\u1eb7c \u201cShort Selling\u201d (B\u00e1n kh\u1ed1ng) l\u00e0 m\u1ed9t thu\u1eadt ng\u1eef chuy\u00ean d\u00f9ng trong h\u01b0\u1edbng d\u1eabn ch\u01a1i c\u1ed5 phi\u1ebfu n\u00f3i ri\u00eang v\u00e0 tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh n\u00f3i chung. \u0110\u00e2y l\u00e0 t\u1eeb ch\u1ec9 h\u00e0nh \u0111\u1ed9ng b\u00e1n v\u00e0 mua l\u1ea1i d\u1ef1a tr\u00ean quy tr\u00ecnh m\u01b0\u1ee3n 1 c\u1ed5 phi\u1ebfu v\u00e0 b\u00e1n c\u1ed5 phi\u1ebfu \u0111\u00f3, sau \u0111\u00f3 mua l\u1ea1i \u0111\u1ec3 tr\u1ea3 cho ng\u01b0\u1eddi cho vay. \u0110\u00e2y l\u00e0 h\u00ecnh th\u1ee9c giao d\u1ecbch ch\u1ee9ng kho\u00e1n m\u00e0 ng\u01b0\u1eddi b\u00e1n kh\u00f4ng th\u1ef1c s\u1ef1 s\u1edf h\u1eefu.Thay v\u00e0o \u0111\u00f3, ng\u01b0\u1eddi giao d\u1ecbch n\u00e0y m\u01b0\u1ee3n ch\u1ee9ng kho\u00e1n \u0111\u1ec3 b\u00e1n v\u1edbi mong mu\u1ed1n ki\u1ebfm l\u1ee3i nhu\u1eadn b\u1eb1ng c\u00e1ch mua v\u00e0 tr\u1ea3 l\u1ea1i ch\u1ee9ng kho\u00e1n n\u00e0y ngay khi gi\u00e1 ch\u1ee9ng kho\u00e1n gi\u1ea3m \u0111i.<\/p>\n

    V\u00ed d\u1ee5, c\u00f3 lo\u1ea1i c\u1ed5 phi\u1ebfu A v\u1edbi gi\u00e1 5,000 USD v\u00e0 b\u1ea1n d\u1ef1 \u0111o\u00e1n \u0111\u01b0\u1ee3c gi\u00e1 s\u1ebd gi\u1ea3m trong t\u01b0\u01a1ng lai, b\u1ea1n b\u1eaft \u0111\u1ea7u ti\u1ebfn h\u00e0nh (m\u01b0\u1ee3n) c\u1ed5 phi\u1ebfu A. Sau \u0111\u00f3 b\u00e1n ch\u00fang v\u1edbi gi\u00e1 hi\u1ec7n t\u1ea1i l\u00e0 5,000 USD v\u00e0 \u0111\u1ee3i gi\u00e1 gi\u1ea3m 4,000 USD, b\u1ea1n mua\u200a l\u1ea1i tr\u1ea3 cho ng\u01b0\u1eddi cho vay. L\u00fac \u0111\u00f3, b\u1ea1n s\u1ebd h\u01b0\u1edfng l\u1eddi t\u1eeb kho\u1ea3n ch\u00eanh l\u1ec7ch khi gi\u00e1 b\u00e1n ra mua v\u00e0o trong xu h\u01b0\u1edbng gi\u1ea3m l\u00e0 5,000 – 4,000= 1,000 USD. Ng\u01b0\u1eddi giao d\u1ecbch c\u00f3 th\u1ec3 ch\u1ecdn l\u1ec7nh mua m\u1ed9t v\u1ecb th\u1ebf v\u00e0 k\u1ebft th\u00fac H\u1ee3p \u0111\u1ed3ng, n\u1ebfu nh\u01b0 th\u1ecb tr\u01b0\u1eddng \u0111i \u0111\u00fang nh\u01b0 d\u1ef1 \u0111o\u00e1n th\u00ec b\u1ea1n ki\u1ebfm \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn.<\/p>\n

      \n
    • Ph\u01b0\u01a1ng th\u1ee9c ho\u1ea1t \u0111\u1ed9ng<\/strong><\/li>\n<\/ul>\n

      T\u1eeb nh\u1eefng \u0111i\u1ec1u tr\u00ean, ch\u00fang ta c\u00f3 th\u1ec3 th\u1ea5y r\u1eb1ng gi\u00e1 gi\u1ea3m l\u00e0 \u0111i\u1ec1u ki\u1ec7n c\u1ea7n thi\u1ebft \u0111\u1ec3 t\u1ea1o ra l\u1ee3i nhu\u1eadn b\u1eb1ng c\u00e1ch b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu. Tuy nhi\u00ean, b\u00e0i vi\u1ebft h\u01b0\u1edbng d\u1eabn ch\u01a1i c\u1ed5 phi\u1ebfu d\u1ef1a tr\u00ean ph\u01b0\u01a1ng ph\u00e1p b\u00e1n kh\u00f4ng s\u1ebd kh\u00f4ng ch\u1ec9 ph\u1ee5 thu\u1ed9c v\u00e0o m\u1ed9t chi\u1ec1u l\u00e0 gi\u00e1 gi\u1ea3m. Th\u1ef1c t\u1ebf, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u0169ng s\u1ebd t\u00ecm ki\u1ebfm nh\u1eefng c\u1ed5 phi\u1ebfu \u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 th\u1ea5p \u0111\u1ec3 mua v\u00e0o v\u1edbi gi\u00e1 th\u1ea5p v\u00e0 b\u00e1n ra v\u1edbi gi\u00e1 cao v\u1edbi k\u1ef3 v\u1ecdng t\u0103ng gi\u00e1 trong t\u01b0\u01a1ng lai. Hay c\u00f2n \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 \u201cMua \u0111\u00e1y b\u00e1n \u0111\u1ec9nh\u201d.<\/p>\n

      M\u1eb7t kh\u00e1c, \u201cShorting\u201d l\u00e0 chi\u1ebfn l\u01b0\u1ee3c t\u00ecm ki\u1ebfm nh\u1eefng c\u1ed5 phi\u1ebfu \u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 cao \u0111\u1ec3 b\u00e1n v\u1edbi gi\u00e1 cao h\u01a1n v\u1edbi d\u1ef1 \u0111o\u00e1n gi\u00e1 gi\u1ea3m trong t\u01b0\u01a1ng lai. Sau \u0111\u00f3 mua l\u1ea1i v\u1edbi gi\u00e1 th\u1ea5p h\u01a1n. C\u1ea7n l\u01b0u \u00fd r\u1eb1ng, nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00f4ng nh\u1ea5t thi\u1ebft ph\u1ea3i mua c\u1ed5 phi\u1ebfu \u0111\u00e3 b\u1ecb b\u00e1n kh\u1ed1ng. N\u1ebfu kh\u00f4ng c\u00f3 c\u1ed5 phi\u1ebfu t\u01b0\u01a1ng \u1ee9ng trong tay, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 m\u01b0\u1ee3n c\u1ed5 phi\u1ebfu c\u01a1 b\u1ea3n t\u1eeb nh\u00e0 m\u00f4i gi\u1edbi c\u1ee7a ch\u00ednh b\u1ea1n. H\u1ea7u h\u1ebft c\u00e1c s\u00e0n m\u00f4i gi\u1edbi c\u00f3 th\u1ec3 cung c\u1ea5p d\u1ecbch v\u1ee5 n\u00e0y sau khi ki\u1ec3m tra s\u1ed1 d\u01b0 t\u00e0i kho\u1ea3n v\u00e0 tr\u1ea1ng th\u00e1i v\u1ecb th\u1ebf c\u1ee7a b\u1ea1n.<\/p>\n

      H\u01b0\u1edbng d\u1eabn ch\u01a1i c\u1ed5 phi\u1ebfu b\u1eb1ng c\u00e1ch s\u1eed d\u1ee5ng 3 \u01b0u \u0111i\u1ec3m b\u00e1n kh\u1ed1ng \u0111\u1ec3 l\u00e0m \u201cb\u00e0n \u0111\u1ea1p\u201d ki\u1ebfm l\u1eddi<\/strong><\/span><\/h3>\n

      H\u00ecnh th\u1ee9c \u0111\u1ea7u t\u01b0 theo \u201cShorting\u201d m\u1edf ra h\u01b0\u1edbng \u0111i m\u1edbi, t\u00edch c\u1ef1c h\u01a1n cho h\u00ecnh th\u1ee9c \u0111\u1ea7u t\u01b0 truy\u1ec1n th\u1ed1ng. Thay v\u00ec nh\u00e0 \u0111\u1ea7u t\u01b0 ch\u1ec9 c\u00f3 th\u1ec3 ki\u1ebfm l\u1ee3i nhu\u1eadn t\u1eeb th\u1ecb tr\u01b0\u1eddng \u0111ang t\u0103ng th\u00ec gi\u1edd \u0111\u00e2y c\u0169ng c\u00f3 th\u1ec3 thu l\u1ee3i t\u1eeb chi\u1ec1u gi\u1ea3m. Ph\u01b0\u01a1ng th\u1ee9c B\u00e1n kh\u1ed1ng trong h\u01b0\u1edbng d\u1eabn ch\u01a1i c\u1ed5 phi\u1ebfu c\u00f3 t\u00e1c \u0111\u1ed9ng kh\u00f4ng nh\u1ecf \u0111\u1ed1i v\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh. Sau \u0111\u00e2y l\u00e0 3 \u01b0u \u0111i\u1ec3m c\u1ea7n bi\u1ebft:<\/p>\n

      1. C\u00f3 th\u1ec3 \u0111\u00e1nh Hedge – Ph\u00f2ng ng\u1eeba r\u1ee7i ro<\/strong><\/h4>\n

      B\u00e1n kh\u1ed1ng v\u1eabn c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng Hedging \u0111\u1ec3 ph\u00f2ng ng\u1eeba r\u1ee7i ro. Khi th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n bi\u1ebfn \u0111\u1ed9ng l\u1edbn ho\u1eb7c xu h\u01b0\u1edbng th\u1ecb tr\u01b0\u1eddng di chuy\u1ec3n kh\u00f4ng \u0111\u00fang theo k\u1ef3 v\u1ecdng, nh\u00e0 giao d\u1ecbch c\u00f3 th\u1ec3 ph\u00f2ng ng\u1eeba r\u1ee7i ro th\u00f4ng qua chi\u1ebfn l\u01b0\u1ee3c n\u00e0y n\u1ebfu v\u1eabn c\u00f2n v\u1ecb th\u1ebf trong tay.<\/p>\n

      \"H\u01b0\u1edbng<\/p>\n

      2. Ng\u0103n ng\u1eeba bong b\u00f3ng<\/strong><\/h4>\n

      Khi gi\u00e1 tr\u1ecb c\u1ee7a c\u1ed5 phi\u1ebfu c\u01a1 s\u1edf \u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 qu\u00e1 cao, m\u1ed9t s\u1ed1 nh\u00e0 giao d\u1ecbch l\u1edbn s\u1ebd \u201cb\u00e1n kh\u1ed1ng\u201d c\u1ed5 phi\u1ebfu, t\u1ea1o ra \u00e1p l\u1ef1c gi\u1ea3m gi\u00e1. \u00c1p l\u1ef1c n\u00e0y c\u00f3 th\u1ec3 c\u00e2n b\u1eb1ng gi\u00e1 tr\u1ecb c\u1ee7a c\u1ed5 phi\u1ebfu v\u00e0 gi\u00fap cho th\u1ecb tr\u01b0\u1eddng \u1ed5n \u0111\u1ecbnh, ng\u0103n ng\u1eeba \u201cbong b\u00f3ng\u201d x\u1ea3y ra.<\/p>\n

      3. T\u0103ng t\u00ednh thanh kho\u1ea3n c\u1ee7a th\u1ecb tr\u01b0\u1eddng<\/strong><\/h4>\n

      Qua chi\u1ebfn thu\u1eadt h\u01b0\u1edbng d\u1eabn ch\u01a1i c\u1ed5 phi\u1ebfu \u201cB\u00e1n kh\u1ed1ng\u201d c\u00f3 th\u1ec3 gi\u00fap t\u0103ng t\u00ednh thanh kho\u1ea3n c\u1ee7a th\u1ecb tr\u01b0\u1eddng. Gi\u1ea3 \u0111\u1ecbnh, ch\u1ec9 c\u00f3 duy nh\u1ea5t c\u00e1ch ki\u1ebfm ti\u1ec1n tr\u00ean th\u1ecb tr\u01b0\u1eddng b\u1eb1ng c\u00e1ch h\u01b0\u1edfng l\u1ee3i t\u1eeb gi\u00e1 t\u0103ng nh\u01b0ng l\u00fac n\u00e0y ho\u1ea1t \u0111\u1ed9ng mua nhi\u1ec1u h\u01a1n b\u00e1n. Kh\u00f4ng ai ch\u1ecbu b\u00e1n m\u00e0 nhi\u1ec1u ng\u01b0\u1eddi mua v\u1eady ch\u1eb3ng ph\u1ea3i nh\u00e0 \u0111\u1ea7u t\u01b0 b\u1ecb h\u1ea1n ch\u1ebf c\u01a1 h\u1ed9i h\u01a1n hay sao? N\u1ebfu c\u00f3 c\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ea3 th\u1ecb tr\u01b0\u1eddng t\u0103ng v\u00e0 gi\u1ea3m th\u00ec t\u00ednh thanh kho\u1ea3n s\u1ebd t\u0103ng l\u00ean t\u01b0\u01a1ng x\u1ee9ng.<\/p>\n

      H\u01b0\u1edbng d\u1eabn ch\u01a1i c\u1ed5 phi\u1ebfu hi\u1ec7u qu\u1ea3 kh\u00f4ng th\u1ec3 thi\u1ebfu c\u00e1ch nh\u1eadn di\u1ec7n R\u1ee7i ro khi b\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu<\/strong><\/span><\/h3>\n

      Khi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 mua c\u1ed5 phi\u1ebfu tr\u1ef1c tuy\u1ebfn s\u1ebd ch\u1ecbu r\u1ee7i ro r\u1edbt gi\u00e1 v\u00e0 c\u00e1c nh\u00e0 giao d\u1ecbch tr\u00ean s\u00e0n Forex l\u1ef1a ch\u1ecdn chi\u1ebfn l\u01b0\u1ee3c B\u00e1n kh\u1ed1ng c\u1ed5 phi\u1ebfu c\u0169ng s\u1ebd ph\u1ea3i ch\u1ecbu r\u1ee7i ro gi\u00e1 t\u0103ng. Nh\u1eefng r\u1ee7i ro khi b\u00e1n kh\u1ed1ng bao g\u1ed3m 2 d\u1ea1ng sau:<\/p>\n

      1. L\u1ee3i nhu\u1eadn c\u00f3 h\u1ea1n, l\u1ed7 kh\u00f4ng gi\u1edbi h\u1ea1n<\/strong><\/h4>\n

      Nh\u01b0 c\u00e1c b\u1ea1n \u0111\u00e3 bi\u1ebft \u0111i\u1ec1u ki\u1ec7n ti\u00ean quy\u1ebft \u0111\u1ec3 \u201cb\u00e1n kh\u1ed1ng\u201d l\u00e0 gi\u00e1 t\u00e0i s\u1ea3n gi\u1ea3m. Tr\u01b0\u1eddng h\u1ee3p n\u1ebfu gi\u00e1 trong t\u01b0\u01a1ng lai t\u0103ng thay v\u00ec gi\u1ea3m nh\u01b0 d\u1ef1 ki\u1ebfn th\u00ec c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi kho\u1ea3n l\u1ed7 l\u1edbn. V\u1ec1 l\u00fd thuy\u1ebft, gi\u00e1 c\u00f3 th\u1ec3 t\u0103ng v\u00f4 th\u1eddi h\u1ea1n v\u00e0 kh\u00f4ng d\u1ec5 quay tr\u1edf l\u1ea1i m\u1ee9c gi\u00e1 m\u00e0 b\u1ea1n mong mu\u1ed1n. L\u1ee3i nhu\u1eadn t\u1eeb b\u00e1n kh\u1ed1ng l\u00e0 c\u00f3 gi\u1edbi h\u1ea1n, nh\u01b0ng l\u1ed7 l\u00e0 kh\u00f4ng gi\u1edbi h\u1ea1n.<\/p>\n

      VD: B\u1ea1n m\u01b0\u1ee3n 100 c\u1ed5 phi\u1ebfu B v\u00e0 th\u1ef1c hi\u1ec7n b\u00e1n ra v\u1edbi gi\u00e1 10,000 USD. L\u00fac n\u00e0y b\u1ea1n d\u1ef1 \u0111o\u00e1n c\u1ed5 phi\u1ebfu n\u00e0y s\u1ebd gi\u1ea3m th\u1ea5p h\u01a1n, b\u1ea1n ch\u1edd khi c\u1ed5 phi\u1ebfu th\u1ea5p h\u01a1n 10,000 USD th\u00ec s\u1ebd mua l\u1ea1i \u0111\u1ec3 ki\u1ebfm l\u1eddi. Nh\u01b0ng k\u1ec3 t\u1eeb l\u00fac b\u1ea1n b\u00e1n n\u00f3 \u0111i th\u00ec gi\u00e1 \u0111\u00e3 t\u0103ng \u0111\u1ebfn 15,000 USD v\u00e0 \u0111ang ti\u1ebfp t\u1ee5c t\u0103ng, kh\u00f4ng c\u00f3 d\u1ea5u hi\u1ec7u gi\u1ea3m \u0111i.<\/p>\n

      \u00a0=> Phi v\u1ee5 <\/span>h\u01b0\u1edbng d\u1eabn ch\u01a1i c\u1ed5 phi\u1ebfu <\/b>\u201cb\u00e1n kh\u1ed1ng\u201d n\u00e0y c\u1ee7a b\u1ea1n \u0111ang l\u1ed7 n\u1eb7ng v\u00e0 kh\u00f4ng bi\u1ebft \u0111\u1ebfn khi n\u00e0o d\u1eebng l\u1ea1i v\u00ec th\u1ecb tr\u01b0\u1eddng l\u00fac n\u00e0y \u0111ang tr\u00ean \u0111\u00e0 t\u0103ng kh\u00f4ng d\u1ef1 \u0111o\u00e1n \u0111\u01b0\u1ee3c.<\/span><\/p>\n

      2. R\u1ee7i ro bu\u1ed9c thanh l\u00fd
      \n<\/strong><\/h4>\n

      Th\u00f4ng th\u01b0\u1eddng, c\u00e1c nh\u00e0 giao d\u1ecbch \u0111ang s\u1eed d\u1ee5ng c\u1ed5 phi\u1ebfu B\u00e1n kh\u1ed1ng t\u1eeb nh\u00e0 m\u00f4i gi\u1edbi, do \u0111\u00f3 quy\u1ec1n s\u1edf h\u1eefu c\u1ed5 phi\u1ebfu v\u1eabn thu\u1ed9c v\u1ec1 nh\u00e0 m\u00f4i gi\u1edbi.<\/p>\n