How do I select multiple instances of text? Such as selecting all the "li" tags by highlighting one and pressing a shortcut to select the next instance and so on. Thanks
Well, you cannot. I think you're talking about the multiple cursors that are present in Sublime Text 2. But, if your text is aligned, then you can change it using the ALT + CLICK and dragging that.
You can vote for this feature as lena mentions.
This feature is now supported in Webstorm 8. If you press the ALT key and click on a different location, you will get a separate cursor there. Before, you could only drag and create cursors in the same line, however, now you can place your cursor wherever you want to.
Ctrl then Ctrl+Arrow Up
Please take a look at this video to learn more.