Bri: I think you're missing something here. If you want to follow this strategy you have to trade ETF's only ie. QQQQ, SPY, IWM and DIA. You cannot apply the same rules to individual stocks. For individual stocks you want to buy value. Here is another book, which is very good. Rule #1 by Phil Town. It will help you with stock selection. There is no need to buy 100 shares of 10 stocks, your transaction cost will be very high, it is better to own 2 good stocks.