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


To: Jack Jagernauth who wrote (11423)6/6/2000 5:56:00 PM
From: OldAIMGuy  Respond to of 18928
 
Hi Jack, The answer is yes and no. It's yes if it's been more than a week since the last activity. It's no if I've traded in the last week.

I don't renew my next Sell or Buy orders immediately upon completion of a trade. Too many times I'll just get another trade right away at the next incremental price move. Not that this is all bad, but next week sometimes brings a more favorable price.

I used to round to the nearest hundred share lot, either up or down. However, along with the realization that AIM sometimes just wants too much cash around, I started the "round down" effort. It helps me participate in longer term trends in a more effective way, I believe.

Best regards, Tom