Watched - Anime that I have watched or watched at least 90% of it.
Watching - Anime that I am currently watching.
Want to Watch - Anime that looks interesting and will hopefully watch in the near future.
Stalled - Anime that was either too slow paced or I wasn't in the mood to watch it but intend to watch it sooner or later.
Dropped - Anime that was either so bad I puked or anime that became too long.
Won't Watch - Anime that I will hopefully never have to watch in my lifetime.