Quote from Illini Trader:
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I trade a small basket of high volume, high ATR stocks like Apple, Amazon, Goldman Sachs, etc making anywhere from 10 to 30 trades a day.
Good for you! Those 3 are what I trade on a daily basis. I have slowed down on my trades. Not as many as you these days.
I monitor only 5 stocks/ETF. Those 3 you mentioned, plus RIMM (don't know why I still keep watching this dog), and SPY - that's my center piece for benchmarking. I have these 5 stocks/ETF side-by-side with SPY at the center. I can spot relative strength easier. If SPY moves up and AAPL is sluggish, time to short it when SPY tops out and reverses. Likewise if SPY slams down but AMZN barely moves, time to long it when SPY bottoms.
It takes a while to know who-is-who. ET has so many participants. Don't let the "joined date" and the number of posts fool you. Some characters may have posted >10000 posts. But most are trash talks. No one is going to help you rank them. Form your own impression.
