Watch em, don’t stalk em

I refer, of course, to your share watch list.

This change can significantly multiply your success.

Most of us keep some shares always on our watch list.

By doing this, we are in danger of seeing long or short opportunities on a favoured share where there isn’t one.

Better to keep a watch list that contains only active or open shares and shares that you feel, from your primary menu, could soon provide an opportunity.

Anything else stays on your main list.

I now only trade from the FTSE 350 and S&P 500. And that’s it. I view all 850 shares a couple of times a week or as often as I can.

When we close an open share, it is removed from the watch list and put back into the main file.

This ensures that all shares in my watch list are there for good current reasons and not nostalgia!

Hope this helps, it has for me.

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