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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Rich23241 who wrote (14400)1/18/2001 9:10:58 AM
From: Steve Grabczyk  Read Replies (1) of 18928
 
Hi Rich:

Answer to your question is......it depends. It depends on how you're approaching your AIM account.

BTB; Lichello, in effect, says review it as frequently or in frequently as you desire, but pay attention to the 5% of shares and efficient minimum guidelines. He also mentions that AIM management is essentially automatic and shouldn't become a compulsion. Therefore once or twice a month was fine in his opinion.

Or; like some of us on this board, use GTC limit orders that are precalculated to cover the 'Safe', %of shares and/or minimum trade $. Then when it executes, you recalc the next limits (on both sides) and resubmit the orders. This could be considered a 'constant review'. Probably less efficient from a cash management standpoint, but in some respect, even more 'automatic'.

There really is no hard rule as to frequency of review, but rather what you're comfortable with. Hope this helps.

Regards, Steve
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