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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (20534)	1/31/2005 3:49:01 PM
From: Dale Baker	Read Replies (2) of 78666

Interesting - I keep a list of all buys and sells with a few words comment on each transaction. All sells show whether the sale was a profit or a loss. I also go back to all buy trades and indicate if the trade was eventually a profit or a loss. Reviewing your trading logs like that shows your pattern of decisions and their results - for better or worse, you see every time you pulled the trigger and why. Occasionally, I see a gross mistake and actually understand why it was a mistake. It's not a magic cure, but it sure helps improve your decisionmaking process over time. FWIW, I am down 2% for the month, no fun but not bad given the market.

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