is retired now but still kicking like a horse!
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Tom on these <OT> Fun Items!
I have been in different places at the same time. . .I carried an accurate clock to figure out when I was at certain places in the space-time continuum.
From that I developed dual personalities: One of me lives in the past and the other of me lives in the future. Once in a while we meet in the present to exchange experiences and make up reports on it. . we have not yet managed to communicate across the voids. We are working on that using en-strangled quantum particles but they keep doing something unpredictable every time we look at them, so we find it impossible to make any sense out of how they behave.
Very frustrating!
Well Tom, I shall wake you up! OT of course.
If time goes slower and slower as you move towards the center of Einstein Ville with a lover both of you will never get there, as everything you do will go slower also, as observed away from the center. The lovers, as they move towards the center have internal clock that also move slower, or more correctly, they are clocks in the very essence of the beings they are, so the slowing down of the kissing and the hugging and whatever else the love birds are up to, will slow down as they move but they would not know it! So, it appears then that there is no purpose to get to the center of town on that score. They might as well get on with the fun where they live!
After a love session close to the center of town. . .in Eternity Hotel. . . the lovers, if they go back to the part of the town they came from, will discover that all their loved ones have died and are stuffed in urns in Urn Gallery in the local museum. They don't know anybody anymore and feel terrible and lonely. After having discovered this they move to the perimeter of Einstein Ville where time goes faster the more they move away from the center, in seach of some fun and from the perspective of the people left behind these lovers will flash into the Old Age Burroughs of Einstein Ville but again the lovers will not perceive that.
Incedentally, if one would live in a city on a rotating disc time slows down towards the outer region as one move outwards from the center, as seen from the center. . . if Einstein's prediction holds for Disc City! Space would contract in the direction of motion as one moves outward from the center so the circumference of the disc will get shorter from the Lorentz Contraction effect, relative to the center of the disc. Here we have a really weird city on our hands: The more one move outwards and would approach the speed of light the circumference of the disc will contract to zero. . . as seen from the center of Disc City of course. . .
All the people in Disc City have gone mad as they could not reconcile themselves with Special Relativity as it unfolded before their eyes: How could the circumference of their city shrink to zero even though the circumference would increase the more they moved away from the center? That's why all the Disc City people are gone looney. . .they no longer care one way or another and have become brilliant lucid at that like crazy people can be. They say "We no longer use any theories here, we just measure things here and accept reality as it unfolds. Here everybody is always right, even though they contradict themselves all the time, and even time is not what you think it is here either. . . time is what you read off on a clock. . it it is simply manifested by the rate of change the hands on the clock as they move. . .or by the rate of change of position of something that vibrates, other than that time has no meaning whatsoever on its own virtue. . actually time has no virtues! Time can not go slower or go faster on its own as it has no existence apart from a clock. Here in Disc City a clock does not measure time but time is defined by clock-dynamics, in the same way that length is defined by an object. . .objects are defined to be short or long not by a substance that is called "length" but by their own essence and the concepts "long" and "short" only become meaningful by comparing different things that exist. Everything that happens in Disc City happens as it should, not because any theory that you people in Classic Ville have conjured up.
We love Disc City!" Ware are always right!"
You hit the nail on the head Byculla!
Your understanding of AIM and it's workings is a lot superior to mine. IF you think that the AIM concept will work on forex ( prices are prices, volatility exist, but leverage could be a killer ) then with relevant safeguards for leverage, an EA should be made to work. With a free account one could experiment till the cows come home to get it right.
Well, I understand Vortex AIM a lot. .it is a little different that Regular AIM but in regards to what you suggest and Overlay Management System would work also for Regular AIM. . .On the Forum of Tom Veale
http://investorshub.advfn.com/boards/board.aspx?board_id=949
such overlay systems are discussed frequently. Most of the people there are AIM-investors rather than program sellers. Most AIMers do not appear to be much interested in Forex Trading. These discussion seldom interest me beyond the basic idea behind it.
Still I am somewhat curious in regards to what you are suggesting. You appear to have something in mind but I can not even visualize what an EA would look like. Suppose you consider Vortex AIM as Black Box:
Inputs are
Equity price
a=Percentage price change to buy-free to choose
b=Percentage price change to sell-free to choose
c=Buy Aggression Factor-free to choose
d=Sell Aggression Factor-free to choose
From this the Trade Advice(TA) is generated. A simple mathematical function:
TA=F(a,b,c,d)
If /TA/ => Minumum trade size e, then trade is executed provided an Overlay Management System(OMS)does not prevent the execution at that point. The OMS may also delay trading, increase or decrease the TA or give a Bail Out Advice. One can even consider that the OMS will advice a trade if the buy/sell threshold (a & b)is not reached(advance trading). In this sense you can look at the option that the OMS sets the values a to e automatically.
Is this more or less what you mean? What would such an OMS look like? Does it have to be written in the language of the program?
Reply to "byclla"
Most if not all forex dealers offer a free trading account. Try FXDD for starters. Many offer more than one trading platform. Meta Trader 4 ( MT4 ) is one that is most widely used by forex trading public and hence offers many free indicators -- one reason for it's popularity. Commercial indicator are also available.
I have been using Oanda. This one was advised to me by a local (I live in Holland) acquaintance that is seriously into Forex trading and is developing trading robots...from what I understand you are more or less talking the same language. . .and trading is the focus. I am not so much focused on indicators. .when I read about then it all goes over my head and it has nothing to do with the mechanics of the AIM System. I feel that figuring out how to invest in a particular stock outside the AIM system(adapting the basic AIM algorithm in response to equity price behavior and market prediction is the task of the investor and less so for me. Because of this I have not continued to use the Oanda Forex Game version. This way of looking at the issue is like designing a car an then selling it to a driver that can squeeze the last bit performance out of it on the race track and using all sorts of tuning techniques as he goes. . . .completely different activities!
EA --Expert Adviser. Programs that are attached to charts that then trade the charts as per onr's specification. Auto buying and selling without having to sit in front of the screen 24/5. EA's can be attached to any time frame one chooses.
When I see stock charts I get heart burns and avoid as hard as I can to grasp any of it. . .Any person that wants to optimize his trading would be interested in all the things you mention but I do not have any inclination to dive into these what I call Overlay Systems. . .I consider all these things an Investment Management Shell around the Vortex AIM System. Such overlay management tools would allow an investor to set the various AIM parameters in an optimum way, specifically suited to his knowledge of the market and use of indicators. . .all this would be tailored to the type of equity he invests in.
In the past I was interested in developing an optimization package for the Vortex AIM Program . . . an automated version of my manual time consuming tweaking approach on an historical data set. It is a task for a professional programmer and the scope of that work far supersedes the money we will have to spend on it. I compare it to thinking that it would be nice climb to the top of Mt Everest and then to realize what really is required to do that! Thank you. . it's not for me to get killed there!.
I am not a programmer. So when I want and indicator or EA written I write specs. for my idea and then out source the coding on the various online programming sites ( rent a consultant/programmer ), and get bids from qualified programmers world wide at very attractive hourly rates. Works for me
I am really impressed what people like you can do to achieve a certain goal but that route is not for me. . .we listen to a different drummer! I would really want to connect up with an AIM Investor that has interest in that direction . .it would provide an example of what is possible with Vortex AIM with a good Overlay Management System in place.
Grab this Grabber!
I was told that Einstein one day went outside and when it started raining he took his hat of and put in under his coat. His companion was surprised and asked Einstein why he was hiding his hat. Einstein replied: "I am not hiding it. I am making sure it will not get wet!"
I suppose many sayings that are attributed to Einstein are not really said by him but these sayings illustrate the lucidity of his thinking.
This is also supposedly said by Einstein:
"Everything should be made as simple as possible, but not simpler."
Hold on Clive! I think your pulling all the legs you can reach now
Hi Steve
Einstein told us e = mc^2
Planck told us e = hf
h (Hubbles constant) . . .
I remember that Planck used his own constant h. . . The Hubble Constant relates to the average velocity of the starts speeding away from us . . how did you figure to relate it to energy?
Nice picture of the simple representation of e-m radiation! I tried making a 3-D picture of how a photon would look if it could be seen, but its not possible for me to get anywhere close. . .Following the thinking of Richard Feynmann such attempts to visualize elementary entities are wasted energy!
According to the Third Law of thermodynamics: any work done to reduce the consumption of energy will create more waste heat due to the entropy increase in any work cycle. So, I learned the basis lesson and let them guide me: Work is counter productive so I stopped trying to make the earth cooler. . all that work I do makes it only hotter!
From what you write I can make up that the universe is a metaphor for investing: it's noting but a zero sum game!
The rest of what you say is too complex for me. . .
Clive, it's amazing that you have that ability see complex problems that easily. I have to struggle for it and then sometimes I still do not see it. In the years 1976-1980 I had a girlfriend 10 years younger then I was. . .she consistently beat me at Mastermind and she could not understand that. . . "How come you you don't see how this works? It's a piece of cake!. . .You are a professional engineer, so you should be able to beat me any day!
I usually ended up saying: "Let's play a different game now. I will do the beating this time!"
I recently got an interesting question on Vortex AIM and FOREX. I though my answer might be of general interest to AIMers:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51808552
Question from Byculla regarding AIM and FOREX:
"Is anyone doing it and what is your result?"
Many years ago (1980-ties)when I started to develop the Vortex AIM method I also started buying/selling US dollars. At that time with having an investment portfolio with my bank I could trade in US Dollars with "small" amounts and the trading cost in a round robbin was just the exchange rate difference.
In a certain run that lasted about a year or so I ran up a profit of 25% on the volatility. The next run was when the dollar dropped in value while bobbing up/down. I would have to consult my records to be precise but I think the value of the $ dropped from 1.90 or so to 1.60. . .a negative yield of about 16%. In the end I bailed out at 1,60 and made a annual yield of + 6% on the "diving" run.
Later on in the late 1990-ties I again invested in US Dollars with larger amounts as part of a portfolio with 10 to 15 different equities but then the bank all of a sudden set bottom limits on the trade amount in order to trade only on the exchange rate differences.
The profits I made proved the power of the Vortex AIM method. . using high aggression factors created accelerated profits. However this is not peculiar to forex trading. So, again, I say that for Forex trading it is no different than for buying selling shares. . the leverage factor and the margin call possibility simply increases the risk for losing a shirt or two, if one is not making the right portfolio management decisions.
Lately I have traded in the Oanda Forex Game System with a leverage of 50. . I have too little reserve capital to do real forex trading now. . . and simulated my Vortex TurboVest Method(Standard Vortex Method with Equity Based Credit) for buying during deep diving runs. This would amount to buying currency Lots(long) frequently as the price kept dropping, then I waited as the price reversed. This method works great with the Game version as the money was free but even then, or rather because of it, I neglected the primary rule of protecting the portfolio and sometimes the margin calls were executed, losing the profit I had raked in before. . .I violated my own rules for portfolio Value Protection(not protecting the gains). As yet I have not returned to active investing. . on this I manage to follow my own rules:
I do not invest money I can not afford to lose!
Byculla
Spot Forex trading using AIM. Is anyone doing it and what it your results. With forex we have volatility, ranging markets. Have you considered writing vortex as an EA to run on the Meta Trader platform.
This spawns two return questions. . I am from Missouri
"What is EA and what is a Meta Trader Platform"
Vortex Windows is written in Delphi. . .The programmer went to Delphi, consulted the Oracle there and then wrote Vortex in Delphi. That's why VORTEX AIM is such a miraculous program
As far as programming languages are concerned I leave all that to Chris Kruidenier. I am the tinkerer here on the Vortex Method and programming is something I relate to Excel, FORTRAN(years ago) or Basic(even more years ago)
Anyone interested in more on this programming topic or Vortex as program may leave suggestions.
Hi Byculla!
Good that you ask this interesting question! The short answer is that AIM works very well with currency trading because AIM is an effective trading method.
So in principle AIM and specifically VORTEX AIM works great on foreign exchange trading but there are some drawbacks for small scale trading unless one uses the normal FOREX on-line trading systems where you can use the leverage provided by the Forex Agent.
With direct trading on the currency markets one needs to trade with large volumes. . . restricted to people with a large capital base. Other than that trading currencies in low volumes carry high trading costs, above the exchange rate loss in a round-robin trade.
I had developed VORTEX-AIM for FOREX trading on an Excel spreadsheet. In this the assumption is that one uses the VORTEX AIM spreadsheet to calculate the trade sizes in the usual AIM-WAY. The leverage rate would be set as an extra parameter in the Vortex program: For example 1$ would buy 100 € if the available Reserve would allow it. Then one would carry out the advised trades on an online FOREX System. For example if a Buy Advice would be 345279 units you would buy a Lot of approximately 350000 at approximately the reference price in the calculation.
In this way AIM would work great within the limits of the available Reserve(margin for the forex trader). . .one would need to apply the usual protection mechanisms to prevent having the margin calls being executed. . .this would mean that the usual AIM approach for buying during prolonged currency value-drops is difficult to maintain(or at least they carry great risk if one has not a lot of back-up capital). . .amateurs, or poor professionals would easily lose their investment on the margin calls! A successful approach would require at least letting the profit run and slowly sell on the currency value rise plus bailing out fast if the price starts dropping to the bailout limit. . .For example one could set the loss limit at 10% and then bail out.
An interesting issue came up with this approach using AIM: The Forex trade works with lot tag-numbers. . .each trade is individually numbered and can be sold at any time the trader wants to do so. I tried to incorporate that tag-number system into my Excel spread sheets but that proved to be impossible for me. This means that when executing multiple trades the Vortex AIM system throws all the lots in a common pool and for selling the trade is taken out this common pool. . .one ends up with averages for unit-value and Portfolio Value is based on that. There is not a 1-to-1 correspondence between the AIM-system and the Forex trading system.
When a Sell is advised by AIM the trader still has to decide which lot he has to dump: will he dump the Lot that was bought long ago(high profit) or the Lot he had just bought(low profit)?
I have been advised by an expert on this question that in the long run it will balance out either way. . meaning that if you have multiple lots active in the Forex Portfolio the total portfolio value will behave as if it was a common pool of equity units from which you can sell or add to, and which lot you sell makes no difference. . .if the Forex Portfolio stands at a profit then selling any part of it will secure the profit for the portion you sell!
It is that simple!.
In closing I conclude that with Vortex AIM or standard AIM in combination with a leveraged FOREX trading system one can use the AIM algorithms effectively to determine the trade sizes. When currency rates drop one needs to take extra precaution to prevent margin call execution.
This is not really any different than investing in single stocks using AIM with margin financing. . .then when the share price dives the investment value dives and the margin calls are executed.
In retrospect some logical thinking should let you discover the answer to your question: AIM works on ANY equity trading. . . you can apply it to buying and selling cows or grain or houses and in that sense trading currencies is no different: according to the type of investment one should adapt the investment management details: if one buys chickens as an investment he better not hold these chickens for 20 years(Buy & Hold) but if one buys real estate then a 20-year holding period may well be very efficient. FOREX + AIM requires either quick bailouts or an unusually large financial base to prevent margin calls being executed.
The VORTEX AIM Spreads with I originally prepared with only the leverage factor implemented can of course be used.
The Vortex Windows version can be use as follows:
One will have to set the Buy and Sell Aggression Factors at say 0,98 or so. This will cause a large Trade Advice at low volatility of the unit target currency.
Example
Equity value V1= 100
Currency Value = 1
Currency Units N=100
PC= 100
Percent change = -1
V2= 99
Trade = M*(100-99)=M
Set Fb= 0,98 or 0,99 (is arbitrary in this example)
Trade Multiplier M = 100
Buy 100 units @ 0,99 DelV = 99 and Trading Cost = 0,99
New Value V3 = 99+99 = 198
New PC = 198-->New Trade advice no price change = 100*(198-198)=0
New unit quantity N2= 100+99 = 199
In effect buying 100 units with a value of 0,99/unit hs the same effect as a Leverage =100! so in a sense the Vortex AIM Aggression Factor Fb is more or less functional as a leverage that is used in Forex.
One can use this way of accelerating the Vortex AIM Buy Advice function to buy/sell large numbers of currency units at low volatility. Using this Vortex AIM Method one can determine how big the FOREX should be ant any small value change.
Thus buying 100 units @ 0,99 price will actually cost only 99 cents if a leverage of 100 is used. In the Vortex programs this leverage factor will use take care of the trading cost and reduce the Reserve with 99 cents while the Portfolio Value will increase with 99 unit values.
In the Vortex Windows program we have incorporated a Currency Factor so that one can use that as a Leverage Factor
Clive, every time you come up with an analysis I have to pinch myself to remind me of the fact that I believe you are human and not some supernatural statistics wizard
Anyway, on my statement
The fact that on the average the real gain on investments are much lower that the 4% means that on the average investors lose money on their investments
it would mean that the investors that break even on their investment(having trading costs earned back to break even) they still will pay Capital Asset Tax(above the exemption threshold). . investing on that yield-level still erodes the capital base. . .in my view this applies to "amateur" investors that represent The Herd
Considering that according to your figures most people lose on their investments makes the picture for investment perspectives for most amateur investors even more disheartening. . .this is great news for the contrarian beings
Of course, their is noting new under the sun. . .95 % of all things that can be owned are possessed by 10% of the people. . .and at that I think I am rather generously over-estimating the 10% !
As I am writing this I realize that I belong in the 90+ % group
that owns a infinitesimal bit of the 5% that we share
Thanks Clive,
Now the info on this alternative AIM-like method will come from the horse's mouth!
Clive, your argument is of course the very essence of the AIM-Method and all its derivatives and preceding systems from which AIM was developed.
The fact that a professional investment manager advised such a contrarian method for its clients surprised me somewhat. Certainly many institutions use this 3-component system as well. In many brochures of Mutual Funds or House Funds of banks the same methods are explained as being applied but the language they use is "souped-up" to make it appear that their methods are a result of very "deep" thinking and complex market indices.
************
By the way, the 4% yield that is expected to result form investments is used by the Dutch Tax Department: Capital assets beyond a threshold amount of about € 20000(money, equity and real estate, etc) are assumed to earn 4% per year. That 4% is regarded as income.
That 4% is then added as income from investments an is taxed at sapproximately30%. In the end one pays about 1.2 % on his assets income(capital gain).
The fact that on the average the real gain on investments are much lower that the 4% means that on the average investors lose money on their investments. One needs to earn roughly minimally 10% per year to make investing worthwhile.
Tom, for setting up obvious procedures for investing that any semi-skilled person can think of no patent is granted.
So, reinventing such obvious procedures no one can get a patent either!
Well Grabber, I suppose most AIMers, if not to say all of them, learn quite soon that professional investment managers/institutions use this 3-point method and did so long before Lichello captured it as the AIM-WAY, even though the portfolio protection measures that most AIMers nowadays also use were not emphasized by Lichello as he intended to have AIM applied to mutual funds that usually do not erode permanently.
I thought it useful to emphasis again(for newbies) the fact that the AIM-method + a bit of thought about portfolio protection is essentially the ground rule for investment management, rather than the All-In method many amateur investors tend to use.
I found an interesting Dutch article today about Alternative Flexible Investing discussed by Michiel van Cranenburgh:
http://www.fondsnieuws.nl/fondsen/uitgelicht/artikelen/6993-alternatives-wapen-tegen-volatiliteit.html
Title article: Alternatives: Weapon against volatility
It is called the Equity Absolute Return Method and it pretends to be something new for a horizontal market trend that is supposed to last for about 5 more years, so I was quite curious and started reading it. In a round-about way(bla bla bla)this alternative method was explained to consist of 3 elements:
1 Invest in solid growth-potential shares;
2 Keep a portion of your capital in cash so you can acquire extra equity at low share-value points and increase you cash position at high share-value points;
3 Use portfolio protection techniques when marketvalue is on a down-turn.
It's amazing news. . .
Please help me. . .where did I read about this "new" method before?
On the Residual Buy/Lichello Flaw. . .
Over the past 5 years or so, this subject has come up many times on this board. Conrad calls it the 'Lichello Flaw' and somehow he figured out how to eliminate it in his 'Turbovest' software.
I find it quite interesting that "newcomers" to AIM consider these residual buys an error (or rather a quite an illogical feature). That the subject is time and again being raised by "newcomers" merely points it the fact people do not expect something illogical from an Investment Management Machine. This "problem" simply will not go away if the error/feature is not "fixed. The argument that IT is no problem when you "look" at you portfolio only once every month is a red herring. . .especially then it is a problem! The novice investor will initially think he is making a sensible buy because his AIM is telling him so, while in fact it may be a "stupid buy" if the price is back at the original price since the previous trade. Most beginners will recognize that "something" is very wrong.
If buying more share at the same price is a sensible thing to do then it should have been done right away so you do not have to pay double trading fees! Executing the larger buy can be achieved by buying the sum the residualsin one trade. If you think that such a single trade is too large for you then the trade parameters you are using are set wrong. The answer is to adjust the trade parameters so that the sum of the residual buys is no larger than you are comfortable with buying at the initial start and then the AIM advice should give you a zero Trade Advice at that initial share price after each buy. That has been the basic argument in my discussions on the Lichello Flaw on this Forum.
In my Vortex AIM software I have simply introduced flexible parameters to set the buy amount as well as the sell amount separately and exactly as the investor thinks these initial trades should be. From that point forward the trade sizes are determined only by the price changes and after every trade the Trade Advice is automatically Zero! With the flexible parameters Vortex AIM can be made to operate almost identical to Regular AIM.
By the way, to correct a small error in Grabbers's comments, the Vortex AIM algorithm is not specifically a feature of my TurboVest
Method: it is the basic feature of the Vortex Method and TurboVest is specifically an accelerated Vortex Method, using equity based credit(EBC) when prices go down and the AIM Reserve has been exhausted.
For example some try to use AIM with $500 trades. Now the same analysis gives a profit of $100 and commissions represent 20% of my profit-- a substantial amount.
But if that is a cyclic process and you do that 6 times per year the investment is still the $500 and the profit is 6*$80=$480.
That is a simple annual ROI of 96 %
Not bad at all!
I am assuming you make the $ 100 profit at a each cycle without havind to invest new money.
Pyramid investing.
Interesting link. I have been reading up on it and concluded that it is "simply" an alternative way to structure the buys and sells in a generically similar fashion as the Ladder Systems Clive (Is7550) described and essentially is uses the same principle as some of my suggestions (and the suggestions of Don Carlson)in the past for accelerating the buys and sells as the prices move away from the mid-position of a trading range. . .effectively optimizing yield.
On these schemes the question if one system is better than another can only be answered in terns of specific price structures and parameter settings. Even you optimize two such systems you will not get hard answers unless you optimize in an identical way(if that is possible). In such cases usually one system would "win". Should you then use these optimize "settings" with different price structures the yield results may be very, very different, even possibly resulting in a loss for one and a gain for the other. The extra complexities also require more time for getting such a systems to work and to manage, often not creating the expected payoffs for the extra work.
This is not my own wisdom but I have come to that conclusion from the collective experience of others in this field.
So the Pyramid system may well beat some AIM Ladder System but also the opposite may be possible.
LC, I think I know why!
The periodic lay-away-plan for which your systems are developed are meant for investors that may at most be able to put small amounts away as savings. Such plans are quite universally available although they lack the acceleration feature of the AIM-concept. As you remember we discussed years ago the idea of working together on formalizing the marketing for such lay-away-plans.
I even developed a Vortex variant called PremiVest. In this the lay-away investments would be accelerated + or - much stronger than any of your systems. . .I used the buy-sell aggression factors to make for example from a base investment increment of $ 100 a trade of $ 150 or $ 200 as prices dropped and say $ 25 as the prices increased, to possibly a sell of $ 25 or $50 or even more for a steep rise.
The resultant is that PremiVest Method is not any simpler than the standard Vortex Method that requires say $ 10000 to work properly. Typically the people on this forum would tend to invest $ 10000 or more per fund. If one only has, on the average, $ 100 to invest per month then they would not be interested much in spending a lot of time on their AIM-Lay-Away- Plan Management. Investing $ 100 per month does not justify the time spend on a complex system. I never got any inquiries on the PremiVest option, and even I ceased to be interested in it so I am not selling it now.
My explanation is that AIMers have generally "loads" of money and time to invest compared to people that can just manage to set $ 100/month aside as savings. . .they do not want to spend time on investing at all. . . . generally. . . they already have Automatic Investment Management: as prices are low they get more units for their $ 100 and the fact that they get less units per $ 100 at high prices does not bother them.
Naw. . .I am not giving you a hard time! You had no hard timeanswering it, did you?
I would not call what you did "buying on margin" You just used extra money you already had in you savings account to buy the shares. . .buying on margin is buying with 100% money from the broker! What you did was simply using your own resources for opportunity buying. This is the same as what I call the TurboVest Method
Have Fun. . the prices are going up. . .some day.
Jersey. . no apologies are necessary! Oil is not off topic!
Oil is a natural product so we should not be upset that it "Comes Up" now and then:
My reaction to a friend on Facebook:
Conrad Winkelman-----> Floyd Boonstra Boone: ...It appears that this BP oil spill is precipitating the usual "blame game" activities that always erupt after people fail to prevent something rather unpleasant. . .until it happens it is business as usual. . .It has never been any different and we will have to cope with new "disasters" as they occur.
The irony is that in the light of current affairs to “protect” Mother Earth the spilled oil is simply a natural product and its presence in the environment should not be regarded as a menace. The evolving earth will cope with it as it has done before and will in the future. The oil is part of a process in which people have appeared only recently. What people do is part of that process. Aircraft will keep falling out of the sky, trains will keep derailing and criminals will keep killing people, and in a large scale variant of this same process governments will keep "abusing" the people that have elected them(like the way some members of a police force will abuse people and “abuse” their power over the weak ones. Rather than starting a new "blame game" at each mishap one might suggest it is more productive for people to join forces to find ways to better cope with "accidents" that lie in waiting, but considering what people are and how they tick this will simply not be effective either on a worldwide scale. . it only works in isolated cases when there is consensus in groups as to what the priorities are within that group. . .people are products of nature no less than oil is and what people do is unpredictable and not containable. We can not escape ourselves and as long as we retain a certain measure of freedom we will cause events to unfold that possibly may wipe us out in the end, but also this very process makes progress possible. The alternative. . .to superimpose total control over every human being so that nothing "unpleasant" will happen is not only completely impossible. . .it is something we should fight against with every fiber in our bodies. . .that process of fighting against forces that would turn people into robots is the route to our survival. . .without this fighting-spirit to reach the top of the heap life would disappear. The world we live in is the best possible world we can have. It is a result of our fighting for survival . .just like the beats in the forest and the sharks in the sea manage to survive(if pollution would not kill them). Anyone that would not agree with this might try to propose a better process for the evolution of life. Perhaps they might first read "Brave New World" before passing on their suggestion for how life on earth would become better than it is.
Toofuzzy. . .You broke down?????
I can hardly believe it!
Is your AIM system not supposed to take the emotion out of investing? You should have restrained yourself and resisted that urge to buy at $ 49. . .
How did you buy at $ 49 anyway? . . .you stated there was no cash!
Have you succumbed to my TurboVest Method?
Sorry, I could not resits the urge to do this.
We just keep smiling Tom. . .even if sometimes the wolves are snapping at our heels!
CW
As I understand it, from your "big smile" on the Forum, The Buying Frenzy occurred because The Scared were convinced it was an opportune time to sell!
Have a great Day!
Everybody is Surfing, Surfing USA!!!
. . .(jingle).
I was listening with half an ear to the News @ 3:16 PM here in Holland. This News Carousel(every 5 minutes a repeat). The message on the news was about investors jumping into the stock-market-fray because there were lots of "attractive buying opportunities". It looks like an old story:
Everybody is Aiming, Aiming USA !!!!!. . .But they know it! They call it Opportunity Acquisition).
Tom, You Old Dog, you coined it nicely:. . . The Scared are Selling and the Smart Ones are buying.
********************************
I am smart and I am broke.
How come I am not rich?
Some advice for VORTEX AIM users.
When entering new funds into VORTEX one should take care that as a rule the name of the fund should not be made identical to the ticker symbol. This to avoid a error when saving the details of the new fund properly, for cases in which more than one fund is entered in a Portfolio. See more details at:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50517906
For VORTEX AIMing investors.
Information on VORTEX management for naming funds when automatic downloading equity prices is being used:
When a stock or currency-pair price is downloaded from external sources into the Vortex memory it is the purpose that these prices automatically update the equity price for the equities you have purchased. Manual price entry at every update is not necessary. Some misunderstanding can arise on this point.
The downloaded information contains the
*equity name
*equity ticker symbol
In Vortex the name of the equity can be the same as the ticker symbol. For example the
Euro/Dollar
currency pair has as ticker symbol
eur.dol
So when entering a new fund, for example you are buying Euro's with Dollars using the eur.dol ticker symbol, you can enter the name of this equity as eur.dol OR as EURO-DOLLAR OR EUR/DOL OR simply as as EURO, as long as you specify the ticker symbol eur.dol in the appropriate data-entry window that opens-up when entering a new fund. . . .A currency-pair is processed in an identical manner as a fund that is defined in share holdings.
I found out however that if I use for example multiple currency-pairs in a single portfolio then this freedom to use the ticker symbol as name disappears and errors arise when saving the entries. The problem is that the ticker symbols are used in quite a different manner(reading the downloaded dprices)while a name is simply a tag to identify the equity.
Advice
When you enter for example multiple metal funds in a single Vortex Metal Portfolio then the names should not be identical to the ticker symbol.
It is best to adhere to this advice even for a portfolio with a single fund in it.
Tommy The Kid,
As I remember you were 60 years old 5 years ago! Have you forgotten to update your I-Hub profile or have you stopped counting 5 years ago? . . .if we are honest. . and of course we are. . .we should count backwards from a certain date in our old age. . .this is a different point for each one of us.
Like it is for you, The Kid in me never left and started to make a comeback when I reached 58 or so, probably earlier but because of this age reversal thing I can't remember when it started. Pretty soon I will be 25. . I count down 4 years per year. . . and I can't wait to be 18 again. . then I will start dating girls. . .first time around I started way too late and dated 3 girls and married the third one...everything I do takes a lot of time. I took 2 girls out once but it did not click so they do not count. . . .I might add that I did not take these 2 girl out a the same time, a threesome would have been out of the question. I was not as daring as that! Second time around, I think 18 is about right for me. . . the problem is I do not know how old the girls I am going to date should be and how many I should date at the same time. I have decided that when I turn 18 the girls I date should at least have some money, so probably they have to be at least 25 or so.
Tom, I must say that that today you look better than 10 years ago! What is you secret for getting to look younger?
Interesting link on Standard AIM performance & Back Testing. Thanks to the contribution of Lost Cowboy on the AIM Users Web:
http://hubpages.com/hub/robertlichelloAIMSystem
See my note to Karw!
It fits my strategy perfectly.
The "saving" of the Euro will make it rise. . for a while at least. Just what the Aim Doctor ordered!
Maybe Karw did get s buy at the 1,19 and Maybe now it is 1,25 or so. . just stabbing at it. Had no time to look at the stock market
Hi Karw,
This afternoon I heard the Euro was "saved" from a further steep decline and possibly it is rising in value again now. If you did get the buy in at 1,19 then you'r hot on it for a rise.
On the volatility. . I thought that is actually a good thing for AIMing, especially in currencies. I suppose if volatility increases sharply the price could drop more than one likes.
I am not into investing now. .no spare money and I follow my own advice: "Don't invest money you can not afford to lose,
May Lady Fortuna be with you, and with all other Aimers!
Hi mille01652,
I finally had a look today at my spreadsheet for the stock split 2:1 and found my error. Maybe you are doing the same as I now:
1) On the price column I went from $40 to $ 20.
2) Right next to it on the same row is the Qty of the shares calculated the previous entry after a trade and I doubled that. That's all! The PC remains the same as before now.
In principle this procedure must be the same as you have done but you are using a different column to change the share quantity. The simple procedure is exactly as I stated it before but I made the error to change the share quantity in the wrong column and that the reason the my PC increased!
It is May. . are you too going away?
I have no stocks now, so I am not going anywhere
It seems like a good time for Americans to buy Euro's now!
On Stock Splitting: OK Mille01652, good to hear that you found "the split-fix". I am sure I did something in the past.
I have not yet time to look at why my first attempt did not work for me: The PC for the next entry did not remains constant. . . I think it is because the `PC-change` calculation in my case uses the share price instead of total value. . .so when the price goes to 50% the PC seed a drop in value of 50% and this generates a huge Buy for the next entry. That must be it. . .The PC must of course remain the same.
Stock Splitting 2!
I did some checking on my previous suggestion to half the price and to double the # of shares: it appears that the PC formula needs also adjusting in order to get a zero Buy Advice for the following date entry. I can't immediately see the reason for this but I will check it out. It should be a subtle change.
You probably get an answer from the AIM Experts here before I have the necessary correction figured out. . .no time right now.
Sorry.
Stock splitting!
If my memory serves me correctly in my Vortex spreads I simply entered the new price. . say 50% of previous price and doubled the number of shares manually. . .total Value does not change and the PC remains the same as no buy is executed. Can't think of anything else right now than needs to be done. In the Vortex Windows program this works that same way.
I will double check if I needed to do anything else. You can simply try it out and if it does not work exactly that way you can easily analyze where it goes wrong.
Only a relatively small percentage of of people that invest and get holidays live north of the equator. In any case below the equator there are much less people anyway! I estimate from memory that 75 of all the land is above the equator.
The people below don't count in regards to investing
It stands to reason that when one goes on holidays there is less animo for investing. . .certainly in the past when one did not take laptops and mobile phones that can fry eggs along as they do now. Maybe in 20 more years this Halloween Effect will be gone when stock prices will be available any time and stock markets will be "open" 24 hrs per day. . .100% electronic. Maybe even the holidays will then be spread out throughout the year.
Two bits of wishful thinking.
I don't think so!
For Clive it's it just like popping a slice of bread in the toaster and seeing it come out all done in 1 minute! He does it while thinking about what he will figure out next!