May 2009
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“I don´t wanna think about losses, I want to earn money!”

That’s what a friend of mine recently responded when I asked him about how much of his money he wanted to risk in his stocks.

Not long ago, this friend of mine had read an article about a company which was considered to be a good stock by an economic journalist. And having available some money in his account, my friend thought about buying some stock in this company and holding it in the long term. But before he did this, he came to me asking if this was a good investment. He thought, that with me being a trader, I could help him to make this decision. He expected to hear from me, whether this company and its products were successful. But that’s usually nothing I am really concerned about in everyday trading….