I won't even try to explain why.
I'm not trying to be rude. I just follow a different process for my stock trading. I'll explain.
Think of the stock market as an overcrowded place where there are day-traders on one end of the room (and who feel as though they have to be in and out of a trade during the same day) and on the far other side of the room there are the Cramer Followers who feel that they have to create a long term portfolio of several highly rated stocks in terms of stability and predictable income, and each of which represents a different large sector thus forming diversity.
I do neither. I look for a single stock which for some (usually justified) reason trades in a relatively narrow and horizontal price range -- meaning their future trading range is known and the stock will stay within that range most of the time over many weeks and months. These stocks, if all you do is buy and sell that specific stock, will allow you to frequently trade in and out of it relatively predictably. I go one step further: in both my individual and retirement accounts, I load up on that one stock then I sell weekly Call options against every share. That sale is immediate income to me for that week. If that stock is assigned at the end of the week (due to the Calls I sold) I will load up on it again on Monday and again sell Call options against all shares that expire on the next Friday. Wash, rinse, repeat week after week after week.
That process works really well!!!
