As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Tuesday, 17 January 2012

How to know when I am wrong? (2)

Read? How to know when I am wrong?

Track, Measure and Visualise!

Traders will measure their trading performance closely; but how many retail investors will do it. Many retail investors are just tracking or recording their stock transaction; but thinking that they are measuring their investing performance and results. Tracking is not the same as measuring.

Graphs are very useful for us to visualise our performance and results. If we cannot clearly visualise our performance and results; then how can we know we are right or wrong on a particular investing method, decision or strategy.

Start charting your investing performance and results now!

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