Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: RFH who wrote (8338)	8/29/1999 1:59:00 PM
From: JZGalt	Read Replies (2) \| Respond to of 18928

Robert, Re; JBL, you have 0 buy safe and 5 sell safe? If I remember, that means that you should be looking for 5% on your roundtrips? Isn't that kinda of low? Buy safe + sell safe are normally 20+ when summed together on stocks. I'd try 0 buy and 20 sell on something like JBL. Mutual funds might get away with 0/5 you selected, but stocks should move around and just eat you up in commissions. ---- Dave

To: RFH who wrote (8338)	8/29/1999 2:21:00 PM
From: Bernie Goldberg	Read Replies (2) \| Respond to of 18928

Hi, I think Dave has already answered your question about your spread on the safes. As I mentioned to you before, what you are doing is admirable, but it isn't AIM. I think a reread of Mr. L's book is in order. As far as Newport is concerned: It certainly allowed you to do two trades in one week. It would allow you to make 10 trades in one week or one day for that matter. What it would show after that period of frenetic activity is the net result. You obviously sold one share less than you bought during the week. I think you will find that Newport correctly shows how much profit or loss you have in that stock, and how many shares you have. Hope this helps. I am going to go through Mr. L's book and see if I can find the specific areas I am thinking about and point you to them. Bernie

To: RFH who wrote (8338)	8/29/1999 2:46:00 PM
From: Larry Grzemkowski	Read Replies (1) \| Respond to of 18928

RFH You already have two replies to your question and I'll add a third point. True about your 0/5 buy and sell safe giving you a 5% spread but you also have your minimum trade at about $680 which when combined with the 0/5 safe gives you a spread of about 10%. I have also struggled with all these settings but I would agree with what has been said by Dave and Bernie and would add that maybe you should set some combination that would give you a 20% spread and that might be a 0% but with a 10% sell in combination with a minimum $$$ that would make the spread 20%. It will also make a big difference if this is a taxable account or not. So much for a completely automatic system. But it sure is fun. I spent the last week in Vegas and had a good time and didn't loose any money and that is fun. Larry G