Hi Bernie,
Most of my AIM accounts still have cash reserves, but one account I started on 06/19/00 is out of cash. I bought GAC.TO after it dropped about 75% over a period of time; however, after I bought it, it dropped another 70% from my initial buy price.
In PCA, starting with 50% cash reserve, trading 10% of equity and standard buy / sell settings of 10/10, I would have had 5 buys, no sells, and 1769 shares.
What I actually did with a combination of limit orders and time-based trading, making adjustments to the trading range as I saw fit ("have a system and think!"), was 6 buys, no sells and 1930 shares.
I don't know what the outcome would have been so far, if I had traded once a month, on the 15th.
Regards,
Jack |
