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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 (7240)4/13/1999 12:16:00 PM
From: Bernie Goldberg  Read Replies (1) | Respond to of 18929
 
Hi Keith,
What I have been doing on my transaction dates is to use the actual date of the transaction. The program will update the price automatically.
In other words if you update this Friday (April 16th) and get a sell order for a stock that is let's say $25, you could put in a sell order for hypothetically 20 shares it that was what Newport recommended. Let us assume that the order is executed Monday morning at 25 3/4. You would enter the trade into Newport on any day before your next update. When you enter the trade the program asks for the date of trade which in this case would be 4/19. Newport will automatically update the price. This should not mess up any graphs. The trade however must be entered before the next weeks prices are updated. Hope this helps.
Bernie



To: LemonHead who wrote (7240)4/14/1999 11:57:00 AM
From: OldAIMGuy  Respond to of 18929
 
Hi Keith, in your Newport accounts, if you are updating a week late, then the trade window will probably reject your input as not being in a current week. I hadn't thought of that. You can go back and enter trades in previous weeks easily enough just by changing the date indicated in the TRADE window.

I usually update my files on Monday using the previous Friday's closing prices. Then I don't have to fiddle with date changes. Orders entered that week will fill in and change prices to the actual order price and all's happy in the world! I guess it's best to pick a time slot where you have the time and as few distractions as possible. I like to update the prices, look at the graphs and print out the Buy/Sell/Hold sheet for the week.

Best regards, Tom