Hello Keith,
Let me throw another one at you and the board: periodicity (I think that's the word). In other words, how often should an AIM account be evaluated and, if required, traded?
My reading of the board suggest many are calculating the next buy or sell points and putting in GTC orders to fit. This suggests you make the trade whenever the numbers line up, not according to the calendar.
Lichello suggests quarterly, monthly and even bi-weekly. I'd like to hear from the experienced users out there.
Also, it sounds like the debate over individual AIM accounts per equity, ie one stock per account, versus the original "basket" approach has been settled in favour of the former. I'd like to hear about that. I have no experience with AIM but my inclination would actually be the latter, because it would allow me to choose the equity to be bought or sold from my basket when AIM flashes a signal.
Finally, another plea on recommendations on an internet broker. I looked at the American Express site and it looked pretty impressive. I have also looked at the online versions of the big houses, like Morgan Stanley.
All bests,
jonathan |
