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: axp who wrote (15164)3/7/2001 6:32:56 PM
From: labestul  Read Replies (2) of 18929
 
This WAIT% is indeed similar to the Money Spinner idea. However what "By The Book" Money Spinner does is the following:

After your initial purchase you calculate your next buy price. This buy price is for 100 shares (assuming you started out with 1,000 shares).

You then calculate your minimum buy interval which is equal to the initial price minus this next buy price. Then all subsequent buy transactions must take place at a price which is less than the prior transaction price by an amount at least as great as the minimum buy interval. Thus in the Money Spinner the actual required percentage change actually increases each time a new purchase is made.

Similarly one sets a fixed minimum sell interval. In this case the percentage change decreases as the price rises. Dr. C (i.e. the author of the Money Spinner) does suggest that sometimes these minimum intervals can change but it would be rare.

I am not necessarily recommending this money spinner method. My only purpose here was to describe it.

Barry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News