I read an article recently that you should keep a diary of your investments and your thoughts on investments so that at any time you can look back and see the reason for your trade at any time. The theory behind this is so that your thoughts don't get tied up in emotion and you can look at a share in the cold light of day should a stock do really well well or really poorly - let's be honest there's a monster likelihood it will do one or other. This may well help you close positions rather then hang on to them in the hope they'll come good or excitedly cling on hoping a share will go stratospheric. These are the things can can generate huge losses when investing in shares. I've been trading for a while, with mixed success, and reckon this could be a good step forward. I invest mainly in shares that pay high dividends and that have a dividend policy increasing dividends year on year. I am flexible however and do invest in emerging markets, gold stocks, funds and other shares offering good value.
This is therefore going to be my investing diary, it's not meant to be any recommendation or guide or contain share tips for anyone to follow, just me voicing (to myself) my views and ideas. Any input would be greatfully received though as I am merely a novice and any learning in this field is enlightening, not to mention helpful on the pocket.
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