I've made all those mistakes you've listed several times...

  1. 221 Posts.
    I've made all those mistakes you've listed several times over.

    But over the last couple of months, if a stock is recommended, or someone thinks its going up ... i open another tab in my browser to check the information. This is how I find posters recommending stocks with NO volume or little trades. Then I avoid the stock and look elsewhere. At the end of the day, I can go through all my tabs to check how the stock went. I do the same for the stocks that have released an announcement for the day that I might be interested in.

    My watchlists have also been revamped, and i have bundled stocks in the same sector into a watchlist.
    I also have a watchlist for new IPOs, and one for stocks that I own that I'm trying to sell off.
    I still have a lot of work to do in reorganising my watchlists as I have a limit of 30 on the trading platform.

    Thanks for sharing your journey. It helps to know how others have modified their thinking and their trading plan.

    Last edited by BackseatTrader: reply to Elite_Trader 06/05/21
 
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