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


To: Skipperr who wrote (5880)10/19/1998 4:52:00 PM
From: JZGalt  Respond to of 18928
 
Skiperr and other newcomers.

I strongly suggest you take a trip down to the bookstore and get a copy of Lichello's book. It explains some of the reasoning behind the AIM program. $7 at the local store or $5.59 + S&H from Amazon or Barnes and Noble.

If you want you can order it directly from this URL.

loosbrock.com

It won't take you more than an afternoon to get the idea behind the "system" and if you have the software you can get a feel for the program without the tedium of using a calculator.

----
Dave



To: Skipperr who wrote (5880)10/19/1998 6:12:00 PM
From: OldAIMGuy  Respond to of 18928
 
Hi Skipperr, One of the beauties of AIM, especially implemented with Newport is that it's very low maintenance. Once a week you update your prices. Then you call or connect to your broker and make sure that the open orders match what Newport is advising. Then you're done until the next week. I'd estimate that the minimum time you should allow would be five minutes per stock per week. That should pretty well get everything done - even a bit of self-congratulation! (that's the best part!)

Best regards, Tom



To: Skipperr who wrote (5880)10/25/1998 1:54:00 AM
From: RFH  Read Replies (1) | Respond to of 18928
 
Welcome, Skipperr. You said, "Each one of us has one or more limitations." Wasn't it Clint Eastwood that said, "Every man's gotta know his limitations." Anyway, I'll tell you up front that you need GUTS to trade with this AIM system. It took me a while, but I finally acquired them. I would be doing quite a bit better had I had the GUTS in the beginning to continue buying when my AIM stocks were sinking in the mud. Now, I'm either numb or crazy!! In fact, I look forward to a market drop so I can accumulate more and more shares. 'Cause the more ya got when your stock makes its turn, the more ya make! Just listen to Tom's advice. Choose only companies that are expected to stay around for awhile.

Good luck, and start AIMing,
RFH