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Strategies & Market Trends : AIM Questions and Answers
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To: RFH who wrote (43)7/6/1998 5:29:00 PM
From: OldAIMGuy  Read Replies (1) of 221
 
Hi Rob, First, congratulations on the DCA work, feels good doesn't it? Rather than try to come up with anything other than an approximation of your original costs would probably be just exercise.

At this point I'd take the total number of shares owned and the approx. average cost of those shares and use that as your starting AIM/Newport position. I would set the Cash Reserve to $0.00 and not worry about it right now. If you need to add cash to buy before you accumulate enough for the account through selling, then just use Newport's ADD CASH function in the TRADE window. I usually go back to the earliest date in the history window and use that date as the ADD date so it looks like the cash was there all along. This will dilute the P&L a bit, but don't worry about that. This will give you a starting point for your P&L statement in Newport. Next week, update the account with the current price per share.

Then, go into Newport's Portfolio Control window (Push SHIFT+F4) and change the Portfolio Control to be equal to today's price times the number of shares that you currently own. Now everything is happy in AIMland. It will take over and set your next buy and sell prices based upon this new Portfolio Control value.

One alternative to the Portfolio Control adjustment that will accelerate your build up of cash - Try setting the PC value at 90% of todays equity value (stock shares times current price). Then AIM will start selling right away as soon as the portfolio grows a small amount.

Hope this helps,
Tom
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