Measuring Successby Jonas Elmerraji
It's pretty unscientific to decide how well you're doing without developing some sort of criteria for success. If you decide that you want overall gains of 15%, it makes a lot of sense to sit down and evaluate exactly how well you did. If you fell short of your goals, ask yourself why. Did you make a mistake in picking your stocks? Did the market behave unexpectedly? Were your targeted gains unrealistic? If you don't go over your trades individually and as a whole, it's quite possible to have a skewed idea of just how well you're doing.