Tuesday, June 17, 2008

Trading Beginner

Do you set any profit-taking and loss-cutting levels for your share trading? I think my father need to learn this as a new investor. Investment without such basic thinking or planning make him suffers a lot. He just follow his friend's advises but he never think properly what is the situation he had is different from his friend advises. I didn't blame his friend as he is giving helping hands but I just don't want my father listen him blindly. I think he better learn start from the beginning. Or he might need to study covered calls. We are working on how and what the best way is for him to minimize the risk or recover the lost....

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