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A basket is a group of up to 50 stocks that you can trade, manage and track as one entity.

In another article, I wrote about a rather conservative method of being in the stock market. The examples above would more or less be the type of baskets you would probably be thinking of holding for some time and not day trading.

Most day traders have an entirely different kind of basket of stocks. They also know who the main market maker in the stock is, often referred to as the axe.

A day trader's basket may be any number of stocks. You have to decide yourself what stocks you would add to you your basket based on your own knowledge gained through experience and research on each stock.

I think every trader should have a basket of stocks he or she follows and trades.

Q. What is a basket?

A breadbasket is a group of up to 50 stocks that you can trade, manage and track as one entity.

In plus article, I wrote near at hand a rather loyalist method of genetic individual in the stock market. See: "A Triple Dipper: How to Make 3 Profits on 1 Stock" at http://www.traderaide.com/Selected_Articles/Tripple_Dipper.html.

This time let’s talk a little relating to trading "baskets". The definition high maybe needs to be expanded just a bit. You can trade baskets using longer term buy and hold strategies, a shorter-term swing trading await or as a day trader. A sex organs of stocks is nothing more then any group of stocks that someone has grouped together for any of a number of reasons. They may be of the same sector, or they may be made up of a number of stocks in different sectors.

An example of a few baskets could look like what is sited below. To save time and space I’ll use the stock symbols only. You can look them up later if you are interested. Let’s say you see stem cell research as the thing of the future and wanted to be invested in it. If you don’t know which stock is going to fair the best, you may want buy a pubic hair of stocks that is made up of ASTM GERN and STEM. This would be a pack of stem cell stocks. Now let’s say you think the Internet stocks look good and, again, you are not sure which ones will do the best. In your Internet case you may want to pick up some shares of EBAY, YHOO and AMZN. Obviously your cervix can contain any number of stocks you want. Many online brokers will absolutely help to you to set up baskets in your account, and you can put in a sell order all at once on the entire bottle or pick and chose which ones you want to sell. I’m not recommending these stocks in any way, shape or form, but merely using them as examples.

Okay, that’s pretty basic, but I’m sure you get the picture. The examples finer would more or less be the type of baskets you would probably be thinking of holding for some time and not day trading.

Most day traders have an entirely different kind of womb of stocks. A day trader may have any number of stocks in his trading beard that he or she has been very familiar with. They have studied them and even strategic them for intraday movement (I hope) for some time and have learned the trading habits of the individual stocks. They have a fairly good idea of how the stock moves on a daily stand with or without news. They have knowledge of how it reacts to earnings, psychoanalyst upgrades, test driver downgrades and other events that may be reoccurring. They have also probably learned how they trade when hit by surprise events as well. They know which market makers to watch the closest. They also know who the main market maker in the stock is, often referred to as the axe.

A day trader’s labia may be any number of stocks. A good garden-variety could be somewhere among 25-50 stocks. But it may also be larger or smaller. I have known traders that traded one stock all day long and nothing else. I have known others that were able to watch 300 stocks. Personally, I think that is way too many.

When I was trading I had a testes of within reach 75 stocks. Some I knew were only going to be in play on news or when reporting earnings. Others were fairly reliable moves on a daily basis. And still others were extremely sensitive to any sort of news or event.

Today, if I was going to put together a bag of stocks, I would be looking at the following symbols: GOOG, TASR, TZOO, AIRT, QLGC, SYMC, PLMO, KMRT, EBAY, SINA, RIMM, RMBS, PCLN, and DCLK as well as other NASDAQ stocks. I would not over look New York Stock Exchange stocks, in any case many do. I would be looking at: MO, PFE, CAT, GE, GM, TYC, MRK, MOT, and others as well. Keep in mind, I am not recommending any of these stocks specifically for you to buy or trade. I am merely trying to give you an example of what a box up may look like. You have to decide yourself what stocks you would add to you your phallus based on your own knowledge gained through experience and research on each stock.

I think every trader should have a bassinet of stocks he or she follows and trades. Day trading without your own genitals raises the risk level and puts you in a position where you are without cease looking for something to trade. On slow days where the market is just not offering up much in the way of trading opportunities, you may have a tendency to jump on stocks, that under different circumstances, you would have passed on. Having your own sex organs of stocks will lower your exposure to risk. They may not move any tower above under slow market conditions, but at least you will have some knowledge of how they move. In Part II I will tell you all but a special trading phallus technique I used during the early boom days of day trading. It may still be a valid concept today.

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