正反馈交易策略

在基金投资行为方面，我国基金投资行为存在明显的正反馈交易策略效应和羊群效应。

Regarding SIF investment behavior , there exist obvious positive feedback trading strategy effect and herding effect on stock market .

基金在交易中采用了一定程度的正反馈交易策略；

They implement the feedback trading strategy to some extent .

投资基金在整体上遵循典型的正反馈交易策略，但在小盘股上却没有表现出显著的正反馈交易倾向。

The investment funds follow the typical positive-feedback strategy on the whole , but the smallest scale stocks didn 't show the notable positive-feedback strategy .

证券投资基金在买卖股票时采取正反馈交易策略；自融资交易策略、复制资产组合和风险管理

The securities investment fund managers use the positive feedback transaction strategy when they buy and sell the stocks ; Self Financing Transaction Strategies , Duplicated Assets Portfolio and Risk Management

并引入正反馈交易模型，分析正反馈交易策略；讨论正反馈交易者的心理偏差&羊群行为是如何影响价格泡沫，并对其做出数学上的描述，以说明价格泡沫形成的过程。

And analyses The Positive Feedback Trading Tactics to explain how Herd Behavior influence the Invest Bubble .