Thanks for stopping by. Good question, btw.

No a non-low ATR is not a prerequisite for a trade, I’m simply making the point that far less capital could be utilized for similar movement elsewhere. What I’m saying is that I don’t see the point of committing money to AAPL for the limited (relative) movement it offers, that’s all.

ATR is not something I’ll base my trades off of, but it is a gauge I will look to on occasion when it seems a stock doesn’t move very much. Lately, AAPL in the high $180’s has offered very little movement for a stock of that price, which ATR visually depicts quite well.

It used to move nearly 4x as much and was at 1/2 it’s current price, so that was far more bang for the buck than it has offered in recent months. Once that changes, it’ll be a better trading candidate.

Jeff