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

To: Nimbus who wrote (207)	11/28/2001 5:16:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 221

Reporting AIM trades in Newport's software Hi N, Generally I always round down to the next smallest round lot when trading. That keeps my overall AIMing a bit more conservative. However, that really doesn't answer your question! :-) You really can report the transaction of buying 700 shares instead of 621 as a regular AIM Buy. AIM/Newport will notice that you've bought a bit more than was requested and adjust your next buy and sell points downward to compensate. So, by the time you sell next, all will be well with the account. There have been times when I've had extra cash on hand to add to an existing AIM account. The last time it was Jabil Circuits (JBL). I waited until AIM was telling me to make a buy and then did the recommended amount. At the same time, I then, in a separate Newport transaction used its ADD Shares feature to increase the account's size as planned. So, let's assume you have 2000 shares to start, AIM's signaling a buy of 100 shares and you have an additional $10,000 designated to be added at the right time. The buy signal is what you've been waiting for. So, make the 100 share purchase using AIM/Newport's TRADE window and the BUY portion. Then, using the same TRADE window, use the ADD Shares function to add as many shares as the extra $10,000 will buy. If you were adding some shares and some cash then you'd use the ADD BOTH feature. Newport takes care of the math and all you have to do is take note of the new Buy and Sell prices. Hope this helps, Tom