A.I.M. Users Bulletin Board

[ocroft]

Hi jaiml,

Especially for an initial entry into aim position, I can equate the aim uptrend method with rules 5 and 7 of the Lance Roberts rules posted by Bowler Bob.
The method will always miss the opportunity of getting in at the bottom of a position.
It reacts only after a possible bottom has occurred.
However, not knowing how far a position will fall, the risk of a destructive capital loss is not possible before rule number 7 comes into play.
"It is important to remember that the "trend is your friend" as long as you are paying attention to, and respecting, its direction. Get on the wrong side of the trend and it can become your worst enemy."

Regards,
ocroft