March 16th, 2002, 12:03 pm
thepay,First, learn to diversify the risks of trading into three categories, trading risk, operational risk and human risk. As an assistant to a trader, you may start with operational risks along, for example, all options reports (gamma, vega, etc.), charts, fundamental analysis should be at hand and boil them down into few words. Other function of responsibilities that should be treated as a risk in ANY GIVEN CIRCUMSTANCES are, picking up the phone and make the deal done, and never ever let the market effect your self-control (eg. over-confidence, fear, etc. during wild swings and even very low volatility market).There are many more, but for a beginner that should be sufficient at the moment, as you aren't involving with market risk directly.