The right way to view your wrong moves
Keeping a journal does more than just help you remember the past. Your personal diary should keep track of...You can’t learn how to invest by just reading a book.
But you can get started with a pen and paper.
Journalling is one of the most underrated ways of becoming a successful investor.
Documenting your investment moves sounds simple but it is far more important than you think.
As humans, we tend to misremember our past experiences especially when it involves major events.
On this note, the past three years have been full of challenging episodes that can distort our memories and directly impact the lessons we learn.
Therein lies the issue.
If you remember the wrong things, you will draw the wrong conclusions.
Even worse, you will be applying these wrong lessons in the future over and over again.
This is why journalling plays such an important role.
