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Strategies & Market Trends : AIM Questions and Answers

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To: Nimbus who wrote (184)7/25/2001 1:17:01 PM
From: OldAIMGuy  Read Replies (1) of 221
 
Hi N, Was the 15% trade your "Minimum" amount or was it just what you felt like selling?

Usually I don't hesitate in selling if my cash reserves are low. I'll sell when my cash reserves are near zero as often as AIM begs me to! However, once the cash gets near the Idiot Wave suggested levels I'll slow the pace to weekly orders. The reason I'm willing to sell frequently is that AIM's business model provides that the sales will be done in a profitable fashion when returning the money to the Cash side of the equation.

My frequency of trading isn't true of buying, however, where I maintain much stricter discipline on the Buy side. The reason is that I know AIM cannot exhaust my Stock position but it can exhaust my Cash holdings.

Please remember that you were only willing to risk $XX,000 when the price was at its low. Why risk more than that as the price rises? AIM will sideline the rest profitably.

Hope this helps,
Tom
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