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

To: jptenz who wrote (14623)	1/28/2001 7:54:45 AM
From: Larry Grzemkowski	Read Replies (1) \| Respond to of 18928

B.T.B. By The Book In others words don't make changes from what the book says, stick to the program. But we all can't help ourselves we just have to try and tweak it :o). Larry G

To: jptenz who wrote (14623)	1/28/2001 8:48:52 AM
From: OldAIMGuy	Respond to of 18928

Hi JP, In our case, we mean By Mr. Lichello's Book, but that isn't even all that clear on a few points. Mr. Lichello's book spans three revisions over 15 years and there were some changes (major and minor) over that time frame. The biggest change was from using a 50% starting Cash Reserve for everything and anything to using just 33% starting Cash Reserve. Here, generally people are referring to the SAFE value of 10% both sides and to frequency of activity. Best regards, Tom

To: jptenz who wrote (14623)	1/28/2001 10:10:35 PM
From: axp	Read Replies (1) \| Respond to of 18928

B.T.B. = By The Book, i.e. setting up and running your AIM money machine exactly as described in Lichello's book. Being somewhat new to this myself, I observe that doing completely AIM BTB is probably not that common. It seems that most here run a separate AIM machine on each security, and I do too. The argument against doing this in the book is that it's too much work, but that was before spreadsheets and AIM PC software. I am aiming about 8 stocks and I have a single button on the summary page of my spread sheet that updates all the stock prices from the internet and recalculates the recommended action. Takes about 2 seconds. My biggest problem is not pressing it 10 times a day!