Friday, April 4, 2008

A Bet

Being not very prudent, I put a couple of thousand dollars into a stock that someone recommended. He had mentioned the counter to me before, but I didn't take any action on it, until today he called again.

Well, I think time for me to take a little bit of risk. No, that is not true, we are taking risks everyday. It is always a matter of how to manage your risk. His recommendation may be a bit too speculative, but it is up to me to manage the risk.

Darly Guppy has written quite a number of books on managing risks in stock trading. Interested persons can visit his website:

All his books are listed at his site, and some of them are available from our National Library.

Anyway, now just keep my fingers crossed and see what will happen.

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