Apprenticed Investor: Trading Diary, Part II
Caveats & Invites
Anything you do on a computer should be backed up, burned to CD or DVD, and stored in multiple locations (home, office, bank vault, lawyer, accountants, etc.). Excel files are small enough that you can email them to your Yahoo! or Google account monthly, and then save them. Again, you will thank me later for this.
Finally, I am making the same request/offer as last week: Play with the spreadsheet -- add to it, personalize it, make it your own. Anyone who feels they have significantly improved on it should email me an Excel copy. Fame and fortune await you; I may share truly outstanding improvements with your fellow readers in a subsequent column.
For instance, reader Perry Spector of Encinitas, Calif., made an astute observation regarding last week's column: Investors also need to keep a record of what and why a trade is passed over. That's a terrific suggestion. Knowing what you were thinking about the ones that got away can only help you with future stock selections.
|1.||Expect to Be Wrong||2.||Your Fault, Reader|
|3.||The Wrong Crowd||4.||Bull or Bear? Neither|
|5.||Know Thyself||6.||Prepare for Battle|
|7.||Bite Your Tongue||8.||Don't Speak, Part 2|
|9.||The Zen of Trading||10.||The Folly of Forecasting|
|11.||Lose the News||12.||Tracking Elephants, Pt 1|
|13.||Tracking Elephants, Pt 2||14.||Nothing Doing|
|15.||Surviving Silly Season||16.||The Zen of Trading|
|17.||Curb Your Enthusiasm||18.||Six Stocks|
|19.||Bended Knee||20.||Time Waits for No One|
|21.||Write this Down|
|Check back for more of Barry Ritholtz's
Apprenticed Investor series
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV