I am new to investing and trading, I am trying to do a little of both. This started a couple months ago when my father-in-law signed up for the Banyan Hill Premium stock picks and we began investing together. A couple of the newsletters on the site exclusively use options. I have done a fair amount of research on options but I still don’t understand some of the risk management or strategy. Most of the time the newsletters stop out at around a 50% loss and take half profits at about a 50% gain. I have seen some positions turn around dramatically after the stop loss so I have been occasionally holding some positions almost until expiration or almost a 100% loss. I don’t know if anyone uses Banyan Hill specifically or has any other expertise in this area. Much appreciated.
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