Here is my 2016 Profit/Loss Statement. Here are my highlights about what I did right and wrong, still working on improving my system.
- I didn’t have a plan, I had an idea about how to invest my money but I didn’t have a checklist.
- My long term holdings were the most profitable, may I should focus more on long term.
- Some stocks I sold to early, I need to develop a entry and exit strategy. Check our Southwest, they are trading higher and I miss all that profit.
Will write more but I just wanted to share, as you can tell I am not big on writing. I like to show more numbers.
The year is not over, I am going to end strong. Will update in December!!!
How is the stock market treating you?