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Holger Zechmann Vortrag Aktiencamp Berlin

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Holger Zechmann, Börse München.
"Beating Adam Monk - Know-how für Krisen- und Boomzeiten"

Published in: Economy & Finance, Business
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  • DOWNLOAD THIS BOOKS INTO AVAILABLE FORMAT (2019 Update) ......................................................................................................................... ......................................................................................................................... Download Full PDF EBOOK here { https://soo.gd/irt2 } ......................................................................................................................... Download Full EPUB Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download Full doc Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download PDF EBOOK here { https://soo.gd/irt2 } ......................................................................................................................... Download EPUB Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download doc Ebook here { https://soo.gd/irt2 } ......................................................................................................................... ......................................................................................................................... ................................................................................................................................... eBook is an electronic version of a traditional print book THIS can be read by using a personal computer or by using an eBook reader. (An eBook reader can be a software application for use on a computer such as Microsoft's free Reader application, or a book-sized computer THIS is used solely as a reading device such as Nuvomedia's Rocket eBook.) Users can purchase an eBook on diskette or CD, but the most popular method of getting an eBook is to purchase a downloadable file of the eBook (or other reading material) from a Web site (such as Barnes and Noble) to be read from the user's computer or reading device. Generally, an eBook can be downloaded in five minutes or less ......................................................................................................................... .............. Browse by Genre Available eBooks .............................................................................................................................. Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, ......................................................................................................................... ......................................................................................................................... .....BEST SELLER FOR EBOOK RECOMMEND............................................................. ......................................................................................................................... Blowout: Corrupted Democracy, Rogue State Russia, and the Richest, Most Destructive Industry on Earth,-- The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company,-- Call Sign Chaos: Learning to Lead,-- StrengthsFinder 2.0,-- Stillness Is the Key,-- She Said: Breaking the Sexual Harassment Story THIS Helped Ignite a Movement,-- Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones,-- Everything Is Figureoutable,-- What It Takes: Lessons in the Pursuit of Excellence,-- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money THIS the Poor and Middle Class Do Not!,-- The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness,-- Shut Up and Listen!: Hard Business Truths THIS Will Help You Succeed, ......................................................................................................................... .........................................................................................................................
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  • DOWNLOAD THIS BOOKS INTO AVAILABLE FORMAT (2019 Update) ......................................................................................................................... ......................................................................................................................... Download Full PDF EBOOK here { https://soo.gd/irt2 } ......................................................................................................................... Download Full EPUB Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download Full doc Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download PDF EBOOK here { https://soo.gd/irt2 } ......................................................................................................................... Download EPUB Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download doc Ebook here { https://soo.gd/irt2 } ......................................................................................................................... ......................................................................................................................... ................................................................................................................................... eBook is an electronic version of a traditional print book THIS can be read by using a personal computer or by using an eBook reader. (An eBook reader can be a software application for use on a computer such as Microsoft's free Reader application, or a book-sized computer THIS is used solely as a reading device such as Nuvomedia's Rocket eBook.) Users can purchase an eBook on diskette or CD, but the most popular method of getting an eBook is to purchase a downloadable file of the eBook (or other reading material) from a Web site (such as Barnes and Noble) to be read from the user's computer or reading device. Generally, an eBook can be downloaded in five minutes or less ......................................................................................................................... .............. Browse by Genre Available eBooks .............................................................................................................................. Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, ......................................................................................................................... ......................................................................................................................... .....BEST SELLER FOR EBOOK RECOMMEND............................................................. ......................................................................................................................... Blowout: Corrupted Democracy, Rogue State Russia, and the Richest, Most Destructive Industry on Earth,-- The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company,-- Call Sign Chaos: Learning to Lead,-- StrengthsFinder 2.0,-- Stillness Is the Key,-- She Said: Breaking the Sexual Harassment Story THIS Helped Ignite a Movement,-- Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones,-- Everything Is Figureoutable,-- What It Takes: Lessons in the Pursuit of Excellence,-- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money THIS the Poor and Middle Class Do Not!,-- The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness,-- Shut Up and Listen!: Hard Business Truths THIS Will Help You Succeed, ......................................................................................................................... .........................................................................................................................
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  • DOWNLOAD THIS BOOKS INTO AVAILABLE FORMAT (2019 Update) ......................................................................................................................... ......................................................................................................................... Download Full PDF EBOOK here { https://soo.gd/irt2 } ......................................................................................................................... Download Full EPUB Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download Full doc Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download PDF EBOOK here { https://soo.gd/irt2 } ......................................................................................................................... Download EPUB Ebook here { https://soo.gd/irt2 } ......................................................................................................................... Download doc Ebook here { https://soo.gd/irt2 } ......................................................................................................................... ......................................................................................................................... ................................................................................................................................... eBook is an electronic version of a traditional print book THIS can be read by using a personal computer or by using an eBook reader. (An eBook reader can be a software application for use on a computer such as Microsoft's free Reader application, or a book-sized computer THIS is used solely as a reading device such as Nuvomedia's Rocket eBook.) Users can purchase an eBook on diskette or CD, but the most popular method of getting an eBook is to purchase a downloadable file of the eBook (or other reading material) from a Web site (such as Barnes and Noble) to be read from the user's computer or reading device. Generally, an eBook can be downloaded in five minutes or less ......................................................................................................................... .............. Browse by Genre Available eBooks .............................................................................................................................. Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, ......................................................................................................................... ......................................................................................................................... .....BEST SELLER FOR EBOOK RECOMMEND............................................................. ......................................................................................................................... Blowout: Corrupted Democracy, Rogue State Russia, and the Richest, Most Destructive Industry on Earth,-- The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company,-- Call Sign Chaos: Learning to Lead,-- StrengthsFinder 2.0,-- Stillness Is the Key,-- She Said: Breaking the Sexual Harassment Story THIS Helped Ignite a Movement,-- Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones,-- Everything Is Figureoutable,-- What It Takes: Lessons in the Pursuit of Excellence,-- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money THIS the Poor and Middle Class Do Not!,-- The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness,-- Shut Up and Listen!: Hard Business Truths THIS Will Help You Succeed, ......................................................................................................................... .........................................................................................................................
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Holger Zechmann Vortrag Aktiencamp Berlin

  1. 1. Beating Adam Monk – Know-how für Krisen- und Boomzeiten Holger Zechmann Börse München
  2. 2. 2. Aktiencamp Kennen Sie Adam Monk? Berlin, 28.02.2009 Holger Zechmann Seite 2
  3. 3. ... oder halten Sie es eher mit den 2. Aktiencamp Berlin, 28.02.2009 Börsenweisheiten? Holger Zechmann Never catch a falling knife. The trend is your friend. Nicht alle Eier in einen Korb! Hin und her macht Taschen leer! Seite 3
  4. 4. 2. Aktiencamp Die Schritte bis zur Order: Berlin, 28.02.2009 Holger Zechmann Vermögensstrukturierung Risikoneigung? Anlageziele? Vorsicht beim Thema (Abgeltungs-)Steuer   Prüfen Sie, ob die steuersparende Anlageform (z.B. Beteiligungen, Dachfonds) zu Ihrem Risikoprofil passt.   Entspricht der Anlagehorizont Ihren Vorstellungen?   Passen Sie die Anpassungshäufigkeit Ihrem Anlagehorizont an. Ist eine Umschichtung des Depots wirklich sinnvoll? Seite 4
  5. 5. 2. Aktiencamp Die Schritte bis zur Order: Berlin, 28.02.2009 Holger Zechmann Einzeltitelauswahl Out- oder Underperformer? Streuen Sie Ihr Risiko!   Setzen Sie nicht alles in einen Titel / eine Branche / ein Land   Vorsicht vor dem Home Bias: Anleger bewerten heimische Aktien häufig besser.   Kennen Sie ETFs und ETCs? Seite 5
  6. 6. 2. Aktiencamp Exkurs: ETFs und ETCs Berlin, 28.02.2009 Holger Zechmann Exchange Traded Funds (börsengehandelte Fonds, Indexfonds)   Handelbarkeit in etwa wie eine Aktie   Basis ist der Preis eines Index oder Wertpapierbaskets   Der Preis des ETFs ist eng an den Indexstand/Basket gekoppelt Exchange Traded Commodities (ETCs)   Börsengehandelte IHS mit Teilnahme an der Preisentwicklung von Rohstoffen (Gold, Öl, Baumwolle, Industriemetalle...)   Basis ist der Preis eines Rohstoffes oder Rohstoffkorbes   Der Preis ist eng an den Preis des Rohstoffes gekoppelt Vorteile bei ETFs und ETCs: Niedrige Produktkosten   Keine Managementgebühren, da passiv gemanagt   Beim Kauf fallen keine Ausgabeaufschläge an   Die Preisbildung ist absolut transparent   Unbegrenzte Laufzeit   Seite 6
  7. 7. 2. Aktiencamp Die Schritte bis zur Order: Berlin, 28.02.2009 Holger Zechmann Timing Wählen Sie den besten Zeitpunkt? Beachten Sie die Öffnungszeiten der Heimatmärkte!   Makler stehen bis zur Eröffnung der Heimatbörse im Risiko.   Risikoauf- oder -abschläge (besonders wenn Unternehmenszahlen kommen).   Preise bekommen im „off-hour-Handel“ eine Eigendynamik.   Ordern Sie nicht kurz nach Marktöffnung, hohe Volatilität! Seite 7
  8. 8. 2. Aktiencamp Die Schritte bis zur Order: Berlin, 28.02.2009 Holger Zechmann Timing Ordern nach Empfehlungen? Vorsicht ist geboten! Anleger liegen alle auf der gleichen Seite!   Vor allen Dingen bei Nebenwerten übersteigen die kumulierten Orders oft die marktgängige Stückzahl.   Achtung bei: extremen Kursprognosen, aggressiver Bewerbung, fehlendem Hinweis auf Limitierung, Aufbau von psychologischem Handlungsdruck, fehlender Darstellung von Risiken. Seite 8
  9. 9. 2. Aktiencamp Die Schritte bis zur Order: Berlin, 28.02.2009 Holger Zechmann Orderaufgabe Alles klar bei Stop-Loss-Orders? Meiden Sie runde Preise und charttechnische Niveaus!   Hier platzieren alle ihre Limite, eine Stop-Loss-Lawine ist die Folge.   Sie werden immer zum nächsten Preis nach Erreichen des Limits ausgeführt (bestens oder billigst) – nicht zum Limit!   Vorsicht bei Stop-Loss auf Xetra! Seite 9
  10. 10. Exkurs: „System- und Marktversagen“ 2. Aktiencamp Berlin, 28.02.2009 Beispiel: Ahold Holger Zechmann NL0000331817 AHO AHOLD, KON. EO‑25 STR ST PLA DATUM ZEIT KURS ZUS ST/NOM‑UMS 09:03:01 3,82 ETR 28.02.03 5.000 09:03:01 3,81 6.000 09:03:03 3,65 1.000 09:03:03 3,55 2.000 09:03:03 3,53 200 09:03:07 3,54 1.000 09:03:07 3,53 407 09:03:07 3,51 5.000 09:03:07 3,50 12.000 09:03:07 3,49 300 09:03:07 3,48 500 09:03:07 3,45 1.150 09:03:07 3,40 643 09:03:07 3,40 1.157 ETR 28.02.03 09:03:07 3,35 300 Tiefstkurs Euronext € 3,82 09:03:07 3,33 100 09:03:07 3,31 3.000 09:03:07 3,28 1.000 09:03:07 3,25 8.550 09:03:07 3,20 1.780 09:03:07 3,19 150 09:03:07 3,18 200 09:03:07 3,15 3.763 09:03:07 3,15 500 09:03:07 3,15 1.000 09:03:07 3,15 1.200 09:03:07 3,15 837 09:03:07 3,11 403 ETR 28.02.03 09:03:07 3,11 300 09:03:07 3,11 297 09:03:07 3,10 703 09:03:07 3,10 997 09:08:51 3,81 VAK 60.991 09:09:10 3,81 150 Seite 10
  11. 11. 2. Aktiencamp Die Schritte bis zur Order: Berlin, 28.02.2009 Holger Zechmann Orderaufgabe Wohin mit der Order? Der Anleger bestimmt den Börsenplatz! Die Orientierung am Umsatz für die beste Ausführung ist irrelevant – Leistungen der Börse München  Makler der Börse München handeln gegen das eigene Buch und mit Liquiditätsgarantien  Kurse wie am Referenzmarkt (umsatzstärkste Börse/Heimatbörse)  Keine Teilausführungen Seite 11
  12. 12. 2. Aktiencamp Beispiele zum Referenzmarktprinzip Berlin, 28.02.2009 Holger Zechmann Daimler France Telecom Dell Inc. OMV AG China Mobile c.t.* c.t.* c.t.* c.a.* c.a.* 09:00 – 17:30 09:00 – 17:20 09:00 – 15:30 09:00 – 09:25 09:00 – 10:00 Xetra Paris – Comptant Frankfurt Parkett Frankfurt Parkett Hongkong S.E. und Xetra und Xetra 17:30 – 20:00 17:20 – 20:00 15:30 – 20:00 09:25 – 17:30 10:00 – 20:00 Frankfurt Parkett Frankfurt Parkett NASDAQ und Wien – amtl. Handel Frankfurt (bis 17:30) Xetra Parkett 17:30 – 20:00 Frankfurt Parkett c.t.: continuous trading (automatisches matching) c.a.: continuous auction Seite 12
  13. 13. 2. Aktiencamp Achten Sie auf den richtigen Kurs! Berlin, 28.02.2009 Holger Zechmann   Nicht der letzte festgestellte Kurs, sondern die aktuellen Geld- und Briefkurse sind entscheidend!   Nutzen Sie unsere kostenlosen Realtimekurse in Push-Technologie   Unterscheiden Sie Quotes v. Taxen! Seite 13
  14. 14. 2. Aktiencamp Berlin, 28.02.2009 Ordern Sie marktgängige Stückzahlen Holger Zechmann   Immer wieder übersteigen die Auftragsvolumina in einem Wert den Gesamtumsatz in Deutschland.   In diesem Fall kann keine Börse den Auftrag voll und ganz ausführen.   Zusätzlich wären Kursausreißer die Folge.   Auch ein Aufteilen der Order auf mehrere Börsenplätze ist nicht sinnvoll. Seite 14
  15. 15. 2. Aktiencamp Berlin, 28.02.2009 Psychofalle Urteilsverzerrung Holger Zechmann Ein Aktionär braucht Orientierung... ...Anker brauchen wir nur auf hoher See. Anleger greifen oft ins fallende Messer: Die Aktie der Deutschen   Telekom erschien bei 50 € billig, weil man den „Anker“ 100 € noch im Kopf hat. Wir treffen keine unbeeinflussten Entscheidungen, sondern orientieren uns an (irrelevanten) Bezugspunkten. Aktien im Aufwärtstrend werden gemieden: Der Kurs von 25 €   erscheint im Vergleich zum „Anker“20 € schon zu teuer. Wir sind harmoniebedürftig – auch bei Investments...   Seite 15
  16. 16. 2. Aktiencamp Berlin, 28.02.2009 Arbeiten Sie nach einem Plan Holger Zechmann Die wichtigste Börsenregel? Rule No.1: Never lose money Rule No.2: Never forget rule No.1! [Warren Buffet] Oder: Verluste begrenzen, Gewinne laufen lassen.   Anleger verkaufen bei 40 % Verlust und bei 15 % Gewinn.   Dispositionseffekt: Gewinnbringer werden zu schnell verkauft (Glücksgefühl!), Verlustbringer zu lange gehalten. Um einen Verlust von 50% aufzuholen... ist eine Steigerung von 1.900% nötig. Seite 16
  17. 17. www.boerse-muenchen.de 2. Aktiencamp Berlin, 28.02.2009 kostenlose Realtimekurse in Push-Technologie Holger Zechmann Seite 17
  18. 18. www.boerse-muenchen.de 2. Aktiencamp Berlin, 28.02.2009 Morning News Holger Zechmann Seite 18
  19. 19. 2. Aktiencamp Services auf www.boerse-muenchen.de Berlin, 28.02.2009 Holger Zechmann  RSS Feeds  Ad-hoc Mitteilungen  News  Newsletter  Kunden-Magazin ... Seite 19
  20. 20. 2. Aktiencamp Berlin, 28.02.2009 Holger Zechmann In der chinesischen Schrift besteht das Wort Krise aus zwei Schriftzeichen, das eine steht für Gefahr, das andere für Chance. (J.F. Kennedy) Seite 20

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