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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 (11304)	6/5/2000 9:28:00 PM
From: LemonHead	Read Replies (2) \| Respond to of 18928

Hi Tom, I only trade x00 share lots (to keep my life simple at tax time). Along with this I always "round down" on either buying or selling. In other words, if I'm getting a Sell signal for 175 Shares of my favorite equity, I just sell 100. This goes for buying as well. A buy signal for 480 shares gets only 400. I know that you have mentioned this before on the AIM BB but for some reason it didn't strike a cord like it did this time around. I'm really confused as I thought I was in step with the program. Some how I got it in my head that we were trying to trade about 5% on both sides of the equity core with a minimum $1000 per trade (talking stocks). In my eye, the round down to a 100 only works in the lower price ranges. But being the trooper that I am, I tried to adjust all my limit orders this weekend as you suggested above. But the dress just seamed a little high above the knee's for some of my girls. Point, you will find with any of the software services such as Quicken or Money, that yes your accounting life is much simpler. IMHO the number of shares traded becomes a past head eche for those who had to figure it manually. On another note I saw the lights going off in your head about "Gainskeeper" this weekend. I have not tried this, but Quicken has a direct download option from the Brokerage Houses. So if effective, once you enter your limit order the rest is fully automated for you and Uncle Sammy. So how did I come out on the 100 share limit orders? I see your very good point about it being another very good tool for conserving the cash flow in both directions. But if I purchase 100 shares of a $100 stock, then I see this as a buy & hold option only. FWIW Keith@blackboard.org