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

To: LemonHead who wrote (6636)	1/16/1999 10:41:00 AM
From: OldAIMGuy	Read Replies (2) \| Respond to of 18928

Hi LH, A GTC order stands for a limit order placed at the brokerage on a "good 'til cancelled" basis. This means the order will remain open until filled. The usual alternative is a "day" order which is only active for the day and then dies. I keep most of my stocks with GTC orders on both the buy and sell side at all times. This frees my time to do other things. The orders will fill when the price gets there, whether I'm watching the ticker or not. This is one of the real beauties of having a "business plan" in place. These business decisions are made and the plan followed on a relatively automatic basis. How'd the installation and familiarization going? One thing I've done with my Newport program is to install it to several different sub directories. I keep my wife's IRA and stuff separate from my own as well as several other people's investments. I also have one just for stocks that I watch. Newport will keep separate accounting for each sub directory's portfolio. I started a new thread here on SI for anyone that's interested in the Profunds Ultra OTC fund - UOPIX. I'm going to devote a separate web page just to this fund's performance. It looks custom made for AIM. Subject 24960 Best regards, Tom