DT-RIM: DayTraders RealTime Idea Machine&Portfolio Monitor Message Board

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Non-Tech : DT-RIM: DayTraders RealTime Idea Machine&Portfolio Monitor

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To: Cash who wrote (1)	3/31/1999 8:32:00 PM
From: Jim	Read Replies (1) of 36

I have been using RIM software for the past month, and it has paid for itself many times over with winning trades. I am a "momentum" trader, and use RIM to identify those stocks whose volume and price gain is unusual. After things settle down at 10:00, I look at the RIM "ranking" study which list stocks with high marks for volume and price movement. I make a list of these, and do DD and look at the recent charts to try to determine the reason for the movement. If I like the results and the chart, I buy the stock. The best advice I was given is if it drops a bit sell it, or if I goes up, ride it for a 10% gain. Anyways, that is how I use RIM. I am thinking of getting an additional monitor to attach to my system, so I can watch RIM, and do DD and trade on the main monitor. Just my method using RIM. Jim

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