Right you are Clive.
I failed to mention those caveats.
I don't put GTC Limit Buy orders out there unless and until the price drops close to or actually hits my next Buy Price. I use various Stock Alerts to let me know.
I get them on my phone and I also have an App on my tablet that allows me to set both high and low alert levels.
I pretty much adhere to the 30 day rule on consecutive Buys as well, but I consider that as arbitrary as weekly, monthly and even quarterly check ups. But its use does give one pause to think twice before potentially throwing good $ after bad.
I've 'thought twice' plenty of times in my portfolio.
Short and Long Term Gains are another thing that I fail think about because I do all my AIM-ing inside my IRA and already know that all Gains will be taxed at withdrawel at whatver my normal tax rate is at the time. Assuming that is after I retire, it will be at the lowest rate possible given that my earmed income in those years will be next to nil.
Here in the US Short and Long Term gains are defined as up tp 12 months for Short and greater than 12 months for Long.
Best Regards, Steve (The Grabber)
