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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (8986)10/21/1999 10:34:00 AM
From: Jack Jagernauth  Respond to of 18928
 
Hi Tom,

Mr. Lichello's suggestion of about 5% of the equity value for minimum trades is about right. It works with 10% or higher, but the Hold Zone moves further with each trade.

Let's say you bought a stock at $7.00 and AIMed it, as it proceeded down to about $5 and then up to $16. At 16, the initial minimum trade setting might now be less than 5% of equity value.

Is it advisable to adjust the minimum trade amount (back to 5%) from time to time in Newport to reflect a significantly lower or higher equity value?

BTW, how's your brother doing with AIM?

I had shared the AIM concept with two of my brothers many years ago. Back in 1983 or so, I even gave my copy of the Money Spinner to one of them who was working with Intel, because I thought he might benefit more from it than I, since I had more ideas than investment capital at the time.

I don't believe either of them have applied the AIM strategy. I guess, so far, I am the only one interested in this 'money machine' concept.

Regards, Jack