{"id":15641,"date":"2011-11-22T18:53:42","date_gmt":"2011-11-22T23:53:42","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=15641"},"modified":"2023-04-06T14:51:45","modified_gmt":"2023-04-06T18:51:45","slug":"traders-ask-is-it-better-to-trade-stocks-in-play-or-a-basket","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/traders-ask-is-it-better-to-trade-stocks-in-play-or-a-basket","title":{"rendered":"Traders Ask: Is it Better to Trade Stocks in Play or a Basket?"},"content":{"rendered":"<p>Question:<br \/>\nGreetings From The Great White North Bella,<\/p>\n<p>Just re-read <em>One Good Trade<\/em> again (it just keeps getting better) and I found myself asking the same question. Are we better to trade Stocks in Play that may be news to us but have momentum and\/or should we be playing a basket of names which we have become familiar with. By watching the same names repeatedly we in effect are\u00a0consciously\u00a0and subconsciously developing our intuition in those names. Or perhaps the answer is a little of both.<\/p>\n<p>Appreciate your thoughts in straightening out the conflicting thoughts.<\/p>\n<p><strong>Bella<\/strong><\/p>\n<p>My response initially to this email was: What do you think is best for you?<\/p>\n<p>As I write often if I can get you to think about your trading so that you improve then I sit with a proud smile on my face. There is no right answer to the question above for every trader. I made the case for why I trade Stocks In Play in <em>One Good Trade<\/em>. There are fifteen books available for sale on Amazon if you are interested in what I had to say \ud83d\ude42\u00a0 For me Stocks In Play:<\/p>\n<p>a) offer more trading opportunities<br \/>\nb) allow me to be more efficient with my trading capital<br \/>\nc) offer a larger margin of error<\/p>\n<p>At SMB we teach out trainees to find them. The SMB Radar helps. The SMB AM meeting helps. The SMB Virtual Trading Floor helps.<\/p>\n<p>But if you feel most comfortable trading a basket of stocks then fine. I would first recommend you start with a basket of high beta stocks. BIDU, AAPL, AMZN, POT, etc. With a basket of stocks you gain the advantage of knowing these stocks better for less intraday opportunities. It is up to you which approach is best for you to attack the market.<\/p>\n<p>Bella<\/p>\n<p><em><a href=\"http:\/\/www.amazon.com\/One-Good-Trade-Competitive-Proprietary\/dp\/0470529407\/ref=cm_cr_pr_product_top\">One Good Trade<\/a><\/em><br \/>\n<a href=\"http:\/\/twitter.com\/smbcapital\"><img decoding=\"async\" src=\"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png\" alt=\"\" \/><\/a><\/p>\n<p>disclosure: no relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Greetings From The Great White North Bella, Just re-read One Good Trade again (it just keeps getting better) and I found myself asking the same question. Are we better to trade Stocks in Play that may be news to us but have momentum and\/or should we be playing a basket of names which we have become familiar with. By &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/traders-ask-is-it-better-to-trade-stocks-in-play-or-a-basket\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[1828,1193,653,1354,1349],"class_list":["post-15641","post","type-post","status-publish","format-standard","hentry","category-mike-bellafiore-bellas-blogs","tag-smbu","tag-trader-education","tag-trader-training","tag-trading-coach","tag-trading-mentor","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Traders Ask: Is it Better to Trade Stocks in Play or a Basket? | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/traders-ask-is-it-better-to-trade-stocks-in-play-or-a-basket\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Traders Ask: Is it Better to Trade Stocks in Play or a Basket? | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Question: Greetings From The Great White North Bella, Just re-read One Good Trade again (it just keeps getting better) and I found myself asking the same question. Are we better to trade Stocks in Play that may be news to us but have momentum and\/or should we be playing a basket of names which we have become familiar with. By ... 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