Should you focus on one stock?

Quote from riskfreetrading:

What if GE gaps down and your nephew is long? Remember BSC?
I like the concept of one to 5 underlyings, but I like ETFs only. They do not gap from $30 to $3 overnight.
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I only trade a handful of stocks, but I know them like a back of my hand. Here is the list just in case you want to know

BIDU, APPLE, FSLR, MOS. POT, CF, STLD, RIMM, GOOG
 
Quote from HedgefundTrader2:

I only trade a handful of stocks, but I know them like a back of my hand. Here is the list just in case you want to know

BIDU, APPLE, FSLR, MOS. POT, CF, STLD, RIMM, GOOG
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Nice list. You must be up boatloads.
 
Quote from KrispyKreme50:

I read somewhere that GE is so diversified as a company that it correlates almost perfectly with the performance of the S&P 500. In that sense, GE is an ETF in itself. :p
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Yep, you got it!...Sure there is always some risk in holding overnight, that's why he rarely does.


Don
 
Hwo are you playing the ER of STLD? also thoughts on BIDU, going back down soon? It hs had quite a run up and ER is coming out soon. Does SOHU get worked into them?
 
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