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Strategies & Market Trends : AIM Questions and Answers -- Ignore unavailable to you. Want to Upgrade?


To: Nimbus who wrote (179)7/22/2001 5:15:47 PM
From: Bernie Goldberg  Respond to of 221
 
Hi,
Mr. Lichello who wrote the book recommended a minimum of 5% of the stock value with a minimum amount of $500
Bernie



To: Nimbus who wrote (179)7/24/2001 5:12:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 221
 
Hi N, I see that Bernie has answered your question.

Generally I use about 5% of the equity value as my minimums for the Limit Orders that I place. However, when I wake up and find my favorite stock's over-run a minimum order price I'm always happy to make the trade bigger to satisfy AIM.

I generally wait a week after a trade execution to enter the next minimum Limit Order.

Best regards, Tom