"How will you invest in yourself?"Here are my routines activities to improve my skills.knowledge in stock trading. Think about those and follow them if you like it.
Daily
- I would make sure I am up to date with market news. Occasionally I will read my RSS subscription on my phone using gReader and Pocket.
- To monitor my watchlist, I use occasionally using the two android apps I have discussed previously.
- Not really a day trader myself, I will only download a free EOD for markets I am trading in.
- Upload the EOD into my software, Amibroker, and run my system to see if i have a good signal to buy/sell.
Weekly
- Read many trading articles and maybe a trading book. I used to borrow a book from a library but now I either read free ebooks online or I bought them. Read about my recommended books.
- Monitor my postion in Excel Spreadsheet. You should create your own if you do not yet have it.
- Re-read and revise (if needed) my trading system
Monthly
- Check all my positions and close by budget books to find out my net worth and the size in my investment baskets (commodity, stocks, mutual fund, property, etc)
- Re-visit the performance of my stocks and my systems. See what is your R-Multiples and Expectancy.
- Read more books :)
If you have not write down your education plan for your stock trading, you can take a pencil and a piece of paper now, and start writing..
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