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: RFH who wrote (6226)11/18/1998 11:45:00 AM
From: OldAIMGuy  Read Replies (1) of 18928
 
Hi Rob, I have my Buy/Sell Resistance (SAFE) set at 10% for both sides. Remember that I'm also trading 100 share lots with this stock. That means that the next trade represents about 10% of my position. This expands the range quite a bit. As you can see on the Line Graph, the yellow "Hold Zone" bracket on the right of the screen shows that even this big range isn't beyond this stocks's price swings!

For individual stocks, I usually keep B/S Resistance set at 10% each. I'm not sure I would do the same with a utility company, but with these high BETA stocks, there's plenty of profitable trading. Again, I let the stock's price history be a guide in this. I could leave SAFE alone and shrink the size of the minimum order to reduce the range. If I traded 50 shares instead of 100 it changes the buy from $38-1/8 to $39-5/8 and the next sell from 56-1/8 to $53-1/8.

I checked out the DogPile site. I had to hunt down a few layers to get to where my own AIM site was listed! JJJ investing and StockSystem show up much closer to the top of the pile than my site. I guess I'll have to get some freebee advs. on my pages for Yahoo and some of the other sites so they recognize me!! Infoseek finds my pages the easiest right now.

Best regards, Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext