
The addiction of tracking stock prices daily
Oct 4, 2024
2 min read
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It was like an addiction for me.
Every morning at 9:15, the first thing I did was check stock prices of my holdings.
I felt a strange sense of control, but in reality, I was losing peace of mind.
Over time, I realized one thing—long-term investments don’t need daily attention.
And checking stock prices constantly was only making me anxious.
So, I decided to make a change.
Here are five ways I’ve managed to avoid tracking prices daily:
1. Uninstalling Stock Market Apps
Apps like Kite and MoneyControl were the first to go.
It was hard, but it was necessary.
Removing the temptation gave me space to breathe.
2. Setting Quarterly Checkpoints
Instead of checking every day, I now review my portfolio once every three months when the companies release their quarterly results to see if there is any fundamental change in the business.
This way, I focus on long-term growth, not short-term noise.
3. Turning Off Notifications
Even without apps, notifications from financial websites were a constant distraction.
I turned them all off. The silence was refreshing.
4. Reading Books, Not Charts
The most important is I replaced hours spent on stock prices with reading good investing books. I can recommend a few good books if you want. Just ask for it in the comments.
It helped shift my focus to learning, not stressing.
Moreover, I also regularly started reading financial daily newspaper LiveMint. I can highly recommend that over ToI or ET if you want to learn about the business and financial world specifically.
5. Trusting My Research
I reminded myself why I chose these stocks in the first place.
I did my homework, and I believe in my decisions.
In the end, I realized—stocks aren’t meant to be watched like a cricket match.
You don’t need to know the score every second.
Long-term wealth is built with patience, not obsession.
Kindly share the books. I tried reading intelligent investor several time, but not able to finsh that.