This article was submitted by a Guest Contributor.
In investing, we often talk about having an edge.
Usually this is in the domain of professional firms or traders, but as retail investors, we too can sharpen our toolbox to give us an edge in our own investing.
1. Record your Wins/Losses + Lessons
The first thing you can do to have an edge in investing is to help yourself.
Even as small retail investors, we do experience wins/losses, highs/lows, and through these, we learn valuable lessons – sometimes about the markets in general, specific industries/shares, and also importantly about ourselves, and how we make decisions.
For example, you may have bought into a high-risk China growth stock that you didn’t do enough research on in hindsight, which you panic sold.
From this you learnt: (1) your risk appetite (2) how to position risky stocks in...