On trading one stock at a time

2:14 pm PST. I was just thinking about the strategy of trading one stock at a time and wanted to write about it. I think it is a good idea, especially for someone just starting out, like me, to trade one vehicle at a time. Watching one stock at a time allows me to watch it very closely and carefully. I can see every single tick and formulate a careful plan on how to trade it. I think trading one stock at a time reduces error and helps me to think very carefully about it. It also helps to develop patience and the practice to understand that every trade requires the same level of time and attention to enter and exit.

There are so many opportunities in the market everyday, literally hundreds, if not thousands of different ways to make money in the market. But each strategy requires careful, thoughtful action, and experience.

Which is why I am now out of LUV. 🙂

One thought on “On trading one stock at a time

  1. Thank you so much for this – I agree and appreciate. So many opportunities will dilute earnings because focus is scattered. One at a time….best …thank you for the reminder.

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