交易者

Bagger"- a stock that rises 10-fold - acts differently from a successful short-term trader who goes short to sell him that stock.

林奇，研究找到他独特的"十垒打"--涨10倍的股票--和短线交易者不同，短线交易者做空，把股票卖给他。

Result indicates that lowest standard of market liquidity is that bargainer colony of buyer and seller both must have an appropriate proportion.

结果表明，市场流动性的最低标准是买卖双方的交易者群体要有一个恰当的比例，市场达到稳定流动性的时间与描述离开股市交易者的参数有关，通过交易制度对交易者群体参数的影响，可实现对市场过程的控制，最后给出仿真计算。

From the microcosmic structure of securities market,the problems of stock market liquidity and bargain amount change were analyzed. The dispersed model of amount dynamic state of bargainers was discussed. By neglecting price change,an appropriate proportion of bargainer quantity of both buyer and seller is the lowest standard of the market liquidity. The time achieving stable market liquidity has relation to parameters for bargainer to leave the stock market. Finally,simulation calculation of bargainer quan...

从证券市场的微观结构角度，对股票市场的流动性及交易数量变动问题进行分析·讨论了交易者数量动态离散模型，在忽略价格变动情况下，指出市场流动性的最低标准是买卖双方的交易者数量有一个恰当的比例，市场达到稳定流动性的时间与描述离开股市交易者的参数有关·最后给出股市交易者数量变动的仿真计算

From the angle of the microcosmic structure of the securities market, using alterable dynamic model of the bargainer colony, separately under ascertained and incertitude finance circumstance, we have studied the form process of the market under disperse bargaining estate and we have analysis chaos conditions of bargainer colony of alteration.

从证券市场微观结构角度，利用交易者群体可变的动态模型，分别在确定与不确定性金融环境下，研究离散交易状态下市场的形成过程，并分析了交易者群体变动的混沌条件。

Recently Blume and Easley(1992) find that nonrational trades can survive better than rational trades if nonrational trades' utility is closer to log-utility than their rational opponents'.

最近，Blume和Easley（1992）发现，如果非理性交易者的效用接近于竞争对手理性交易者的对数效用，那么非理性交易者能够比理性交易者生存得更好。

This artificial order-driven stock market with relatively sophiscated trading mechanism is comprised of the two types of traders: fundamentalists and technicalist interacting with each other, differing from its predecessors that consist of the only one type of heterogeneous agents interacting in a simple trading mechanism.

另外，本文所建立的订单驱动的股票市场不仅具有比较复杂的交易机制，而且由异质的基础交易者和技术交易者两类交易者共同组成，不同于以往单一性质的交易者构成的只具有简单交易机制的金融市场。

An alien convicted of ,or who admits having commited ,a crime involving moral turpitude or violation of any law relating to a controlled substance or who is the spouse ,son or daughter of such a trafficker who knowingly has benefited from the trafficking activities inthe past five years ;who has been convicted of 2 or more offenses for which the aggregate sentences were 5years or more;who is vowing to the United States to engage in prostiution or commercialized vice or who has engaged in prostitution or procuring within the past 10 years ;who is or has been an illicit trafficker in any controlled substance;who has committed a serious criminal offense in the United States and who has asserted immunity from prosecution;who ,while serving as a foreign govement official and within the previous 24-month perios ,was respinsible for or directly carried out particularly severe violations of religious freedom ;or whom the president has identified as a person who plays a significant role in a severe form of trafficking in persons ,who otherwise has or daughter of such a trafficker who knowingly has benefited from thetrafficking activities within the past five years.

外籍人承认被犯，a 罪介入道德的被判罪，or 卑鄙或侵害任何法律与一种受控物质相关或谁是配偶，熟悉受益于交易这样交易者的儿子或女儿活动inthe 通过五年；who 的被判了罪2 次或更多进攻聚集句子是5.years 或more；who 发誓到美国参与prostiution 或商业化的恶习或谁参与了卖淫或获得在过去10 年之内；who 是或是一名违法交易者在任何受控substance；who 做了一个严肃的刑事罪在美国并且谁断言了免疫从prosecution；who，当担当外国 govement 官员和在早先24 个月的perios 之内，是respinsible 为或直接地被执行的特殊严厉侵害宗教自由；or 总统辨认了作为充当一个重大角色以严厉形式的人交易在人，否则有或这样交易者女儿熟悉受益于thetrafficking 的活动在过去五年之内。

In our model,traders are classified into fundamentalists and chartists who have different expectation about the mean and variance of prices.

这类基于个体行为的模型大都假设市场中交易者由几类交易者构成，一般分为基础交易者和图表交易者，也有的分为噪声交易者和理性交易者，每类交易者对未来资产价格具有不同的信念(指价格的预期、价格的方差等)。

Stretches in the sun, and the third goes jogging and runs head on into a tree.

场内交易者和机构交易者的表现一般比个人交易者好。

I've worked at a personal level, one on one, with virtually every type of trader in the business, including some of the biggest floor traders, hedgers, option specialists, and CTAs, as well as neophytes.

我采用一对一的方式几乎和每种类型的交易者都接触过，这些交易者包括最大的场内交易者，避险者，期权专家，商品交易顾问和新手。

Plunder melds and run with this jewel!

掠夺melds和运行与此宝石！

My dream is to be a crazy growing tree and extend at the edge between the city and the forest.

此刻，也许正是在通往天国的路上，我体验着这白色的晕旋。