1)  Write Down Your Investment Plan
Writing down your investment plan is a proven way to help keep you focused and on track. In order to accomplish what you want to with your investing, your plan should include investment goals, any specific portfolio objectives and a specific time frame to achieve them. You should revisit your plan regularly to help keep you on track and help prevent short term events from distracting you from your investment goals.

2) Do Contingency Planning
Always think through all of the different scenarios that could happen when it comes to your investment plan. Imagine all of the possible situations (good and bad) that could happen to your investments and write a plan of how you’ll respond. Think of it as an evacuation plan so you always know what to do when an investment crisis hits. By doing this simple exercise, you can significantly decrease or eliminate the emotional reaction you have to a situation because you’ve had to time to think it through in advance.

3) Focus on Value
If you want to decrease the chance of your emotions running rampant, focus your efforts on value investing. By focusing on value investing, you’ll help to steer clear of the herd and avoid getting sucked into the news of the next big “winner.Value investing is an effective way to to help overcome the emotional roller coaster ride so you can focus on investing.

4) Always Set Limits
Setting limits on your investments can dramatically reduce your anxiety level and emotional response to the market. By including limits for both buying and selling any current or potential stock in your portfolio, you’ll make better decisions than other emotionally charged investors. This requires advance planning and discipline to not only create your buy and hold prices but also to initiate them when the market fluctuates. This disciplined action of buying and selling based upon pre-set limits will help to limit your potential losses and insulate you from bad emotionally charged decisions.

5) Invest Regularly
By investing on a regular basis you can establish a routine and make decisions based upon your investment goals rather than outside influences. This helps to eliminate the need that many inexperienced investors have to “follow the herd” and overreact. By using your plan and investing based upon your goals, it will help insulate you from market volatility.

6) Set a Limit on the Number of Transactions
Often, the more stock transactions you make, the more likely you’ll fall victim to your emotions and lose sight of your long term investment goals. The more short term transactions you make, the more random your decisions become and the higher the risk. By limiting your transactions you can focus on the longer term trends and decrease your costs.

7) Learn from Your Losses
Anytime you make any type of mistake, take time to consider what went wrong. Then write this information down and determine how you can use this information to your advantage next time. This one easy technique can help make your investing even more profitable because you’ll avoid making the same mistake twice.

With these seven important tips you’ll be able to map out your investment goals and keep your emotions under control so you can make more profitable investment decisions.

And by making more profitable investments you can spend more time and money on things you enjoy like spending time with your family, traveling and doing hobbies like taking pictures and then displaying your memories in beautiful wood picture frames. This way you’ll be reminded of the fun times so you’ll continue to stay motivated to invest.

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