Something that I have noticed change since I was younger is the way work is. There are more entrepreneurs now because information is so readily available and barriers to entry are less. There has been some shift away from the traditional 9 to 5. My cousin was saying everyone has a slash in their name now. She called me a trader\gardener. I'm not a professional gardener but have a vegie patch. There are people with proper slashes in their name like a guy I know who is Doctor\Medical Tech company owner.
Watchlists
I've tried so many different ways to track stocks including;
- a spreadsheet with a macro that displayed a chart image of the stock
- a database
- word documents which were like diary entries about the changes of held stocks
- notebooks
- watchlists in charting packages
I always found something not quite right with each of them. With regular watchlists I would forget what I previously thought about stocks because you can't add notes, with the previous office documents they wouldn't allow me to track both notes and charts.
At the moment I'm using a word document with a navigation pane and it's been working pretty well for me.
I haven't been doing it for that long so we'll see how long this lasts. It's amazing though because it helps me remember why I like a stock and I've got potentials ready if capital becomes available. My current holding at the moment is just ARU so some sections need to be updated.
I also have watchlists of some of the stocks from this document. It contains the stocks which I should watch daily, weekly or monthly. Also some other watchlists based on chart patterns.
