tracking stats?

[murray t turtle]

Well i see on youtube other traders track things how much a particular stock at a certain price float an marketcap can gain in 1 day .... things like that .
im just curious does every successful trader track stats?

%%
WELL\
better to measure waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay to much than to little, but months over rule days.
Study trends more; including but not limited to/ trends in your\ account.
Tim Sykes +An American Hedge Funds book is a wise read in many respects; but I dont do penny stocks or takes risks like hi school college kids do, anymore............ .
Take$ all kinds to make a market;
but i dont have to pay up with insurance rates like a college kid.
YOU may find some childhood patterns in your own life useful,EVEN IF they never repeat.
I remember in HI school i asked my good lookin' mom if i could get a refund on my motor-cycle insurance, since i never had an accidentLOL She says yes, ask the agent . I remember the State Farm Agent like good neighbor GASPED LOL;
+ sent my insurance premium back, Good thing i did not ask my banker dad that dumb unfair question LOL

 

[getthatintoya]

Do you guys think that its really important to track statistics of stocks or do you think you can still be successful without this tool whole just focusing on your mentality and technicals? sorry im just learning to be a trader and i have so many questions to ask

Not stocks but index yes. I keep a bunch of stats on our main index where I live. It allows me to have some idea where the index will/won't move to and where it won't trade much at a certain point for a certain period of time. Below is a snippet of what I keep in excel.

 

[mikeriley]

getthatintoya - That's nice work.

 

[virtusa]

getthatintoya - That's nice work.

And what are the profits?
Because I am never intererested in nice presentations. I pefer boring but big profits. Just black and white. No colors or other fancy things needed.