I am very comfortable at two tables at once, and can handle three, though my win rate suffers. I've learned (the hard way, of course) that I can't play four at once.
I read about people, like occasional poster ODoyle, playing many more tables at once with the goal of maximizing raked hands. I've got to think if you are playing that many tables at once, you have to be adhering to, if not this, then a similar very basic strategy.
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