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[amibroker] Re: One stock only?



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I highly recommend trading a limited number of stocks. 

I personally hold a maximum of 2-3 stocks (long-short), sometimes 
only 1 at any one time out of a "database" of about 20 stocks. This 
allows the trader to focus on the "personality" of the stock 
recognizing specific opportunities. Trying to follow 100, 500 or 5000 
stocks is a daunting full time job for a trading office, never mind 
an individual trader.

That said, I do have a database of roughly 650 stocks in order to 
compare my trading stocks within their industry grouping and overall 
market conditions. 

Many traders earn their living trading a select few stocks.

Recommend using more than one indicator, try combining 2 or 3.

Good luck
Jim






--- In amibroker@xxxxxxxxxxxxxxx, "billpritjr" <billpritjr@xxxx> 
wrote:
> Wonder if anyone trades one stock only, all year long? The holding 
> time frame would be 2 weeks to 2 months, which fits into my own 
> personal TA strategy of moving average crossovers.
> 
> I came across this idea while running scans and having to wade thru 
> mounds of charts.
> 
> Maybe its better to find ten good stocks, that respond well to 
trend 
> following indicators, such as the 20-day SMA?
> 
> when warranted, LONG and SHORT as need be
> 
> one such example is HITK
> 
> any ideas, recommendations?


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