SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AltLar who wrote (9525)12/10/1999 7:34:00 AM
From: OldAIMGuy  Read Replies (2) of 18928
 
Hi Larry and Welcome,

If your positions in those various oil service stocks are very small you could combine them into a "basket" as we've been discussing around here for some time. Since all the stocks are in one sector, they should move in concert with each other.

If they are substantial holdings individually, you can enter them individually into Newport and let AIM manage them for you. Then each stock will seek it's own level over time.

In either case, Newport will let you enter the Cash Reserve as a negative value to represent the margin. You can apply the margin to the stock(s) where you've done the borrowing, or just apply an "average" margin cash value to each or to the basket.

A big question when getting started is whether you are near break-even, profitable or in the hole. If in the hole AND on margin, AIM's first sell point might be at a loss for you. If at a break-even point or profitable that first sale will be much more pleasant. If you're profitable, you can adjust the Portfolio Control value down to 90% of the starting value and Newport will start generating Sell orders much sooner - thereby refunding your margin account sooner.

I'll be happy to help as you get started as I'm sure everyone else here will.

Best regards, Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News