📋 Level 3: Build Your Watchlist
This is where strategy meets curiosity. Your watchlist isn’t just a random list of tickers — it’s a window into how you think as an investor or trader.
🎯 Objective
By the end of this level, you’ll be able to:
- Pick 5–10 stocks, ETFs, or funds you want to track consistently
- Organize your list based on sector, story, or strategy
- Filter out noise and focus on high-quality setups or themes
🔍 Terms to Know
- Watchlist: A custom list of stocks or assets you’re actively monitoring
- Sector: A group of stocks within the same industry (e.g. tech, energy)
- Ticker Symbol: The short code used to identify a stock (e.g. AAPL for Apple)
- Thematic Play: A stock tied to a big story or trend (e.g. AI, green energy)
📚 Concepts
- Find What Interests You: Start with what you use or care about — brands, tech, trends, sectors, etc.
- Look for Strength: Choose tickers that are moving up, holding steady, or outperforming others in their group.
- Organize by Type: Split your watchlist into categories like "Growth," "Dividend," "Speculative," or "Research List."
🧰 Tools You’ll Use
- Charting Tool: TradingView is a great place to track watchlists and annotate charts.
- Sheets / Notion: You can build a manual watchlist with notes, categories, and setup ideas using a spreadsheet or Notion.
- Screener Tools: Use platforms like Finviz or TradingView screeners to find new watchlist ideas by criteria like sector or performance.
🧠 Why It Matters
- Preparation builds confidence. A clear watchlist means you’re not reacting to hype — you’re ready for opportunity.
- Focus beats noise. You’ll avoid shiny object syndrome by sticking to your universe.
- Every pro uses a list. No one trades everything. Your watchlist becomes your battleground.
🎮 Your Mission
Create a starter watchlist of 5–10 tickers.
- ✅ At least one should be a familiar brand
- ✅ At least one should be from a sector you’re curious about
- ✅ Mark why you chose each one — story, chart, or curiosity
- ✅ Optional: Track them weekly in your Disciplined Trader Journal
Your watchlist is your playground. Curate it. Explore it. Get to know what moves the assets on it. You’re building your market vocabulary, one name at a time.
Survive the game — Risk & survival awaits 🛡️
