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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 (15162)3/7/2001 11:40:35 PM
From: SS Heatwole  Read Replies (2) | Respond to of 18929
 
Hi Tom, Steve, and All
As we like to say at the shop, you can be so busy reading the instruction manuel
that you walk off the edge of the cliff.
i have tinkered with increasing the spread called for on the next buy. An example
would be if the last buy was at 27, and the next buy was called for at 26 !/2, I would
double the spread and place the buy GTC at 26. I would then change the buy safe
to reflect the new price.
This worked (and still is) with some and unfortunately I started too late in other AIM
accounts and ran out of cash anyway. In my LTV account I was so busy calculating
the buy points, I followed it into Chapter 11, for the second time. I don't know if this puts
me in line for our coveted trophy or just a permanent sign on my back saying KICK ME!!!~
Just some thoughts.
Scott