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


To: bob wallace who wrote (11359)6/1/2000 6:33:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Bob, If you use UOPIX directly with Profunds, you will be closer to your "simulation" values than if you trade through most brokerages. It appears that most brokerages want some time before the close of business each day to consolidate their own orders, so won't accept same day orders after about 2PM Eastern time. However, Profunds will accept your order right up to about 10 minutes before the close.

I've been caught with market reversals enough to feel some mild pain because of this. So, if you have $15,000 or so, Profunds direct is the way to go.

I look at essentially every holding every week. I trade usually once per week or sometimes every couple of weeks. There's one or two stocks in my account that during price declines I'll only buy once per month maximum. I try to fit the trade time frame to the personality of the equity. Nothing hard and fast here. Less frequency usually brings on greater LIFO gains, however.

There will be stretches of time where you will not have trades. These quiet periods can be the most frustrating. My average trade frequency per equity is still only about 4-6 per year, I believe. It might have been higher than that over the last couple of years with all the volatility.

AIM gives you lots of time to do other things with your life. That's one of its really undervalued assets.

Best regards, Tom