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These stocks must have gotten "High" (couldn't resist)
Direxion funds "on-sale"
Anyone else AIM these funds? www.direxionfunds.com
I've mentioned them a few times before and if you follow them with the standard AIM formula, and can hang on, then it's the way to go.
A previous complaint about these types of ETF's is the expense ratio, upwards of 1.5 - 2%.
However, until 3/1/14, they are limiting the expenses on most funds to < 1%.
I have most of my IRA in them with cash of course, and did 35%+ last year in the Direxion stuff. I love 'em.
Just sharing the info.
Thanks for the info Tom.
I've been very satisfied with the Direxion funds, and contrary to what they tell everyone on their site, they do very well with AIM behind them.
I don't do anything special on AIM'ing them, pretty by the book stuff. I do watch them every day though, and like you're seeing in January, lots of selling.
Hows the CTO position treating you, hows that fund doing?
Hope the racing seasons starts soon for you, mine will soon enough as well.
John M
Hi Tom,
I was curious what you're return % was for your account in 2012?
I wanted to compare to my mostly Direxion funded AIM stocks, which did 35% in 2012, and wanted to see what the 'master' did :).
You still running around the race track? Our NASA season starts in a few weeks.
Hope things are doing well in 2013
John
If you check www.aim-users.com, Tom has some examples there.
Welcome to AIM, it helped me!
Yea, I agree, I always think if something is that easy, more people would do it.
There is an inherent cost to these funds that make them not exactly 3x or inverses of each other. Their prospectus says that too.
Nice analysis Clive, thank you
Tom, thanks for the feedback,
I did have a question though, when you say "proportional" buy size, are you referring to AIM-HIGH that buys a % of PC?
J
Thanks JDerb
Just so I recall wat the vWave is, it's the % of cash I should have?
I've thought of that, but then was wondering since they 'cancel' each other out, would AIM still make $?
I've been meaning to do some backtesting on various AIM settings, just gotta find the time.
Once I write my website for all this AIM stuff, should be a snap.
I'll take a look at what you suggest Tom.
J
BTW, racing much these days?
Looks like what i want to create, just not so busy or commercial.
Hmm, As I've previously posted, AIM does very well with 3X funds.
aim-users.com What happened to it?
I just tried to goto www.aim-users.com and it's not there, is it me or is it gone?
Tom?
I think you'll find that most people believe heavily in the AIM principals, as I do as well.
I personally am moving to Direxion funds which are VERY VERY radical, and I feel do well with AIM. I also have non-leveraged funds, and I've moved out of stocks, too hysterical.
HTH
J
No, no reason. I owned IMT, which was owned by another company, it mainly does muni-bonds, but then Invesco bought them, so I looked around, and IGD looked OK. Didn't really analyse that much.
I bought a bunch more of IGD when it was down, paying 13% or so this week. Also bought a ton of the Direxion stuff, making a killing of late.
Hope the market gets out of it's fear soon, would like to see some returns.
HTH
John
I have other CHY alternatives:
IGD - ING fund
HYF
DHY
Just a though.
Buying....
Major downturn in the Direxion funds today, so bought a bunch:
ERX - Energy (down ~21%)
DZK - Developed Markets (Down ~21%)
TYH - Tech (Down ~14%)
I love Direxion
Anyone else?
Hi Tom, thanks for posting :) (How did u get my graph to post, I couldn't figure out how to do that).
My graph shows only the time table I've downloaded, and YES the first ^ is my first buy, so I purchased all this after the 2008 downturn.
J
I've made a quick website with the two ETF's and their graph's, its pretty weak, but something. Enjoy.
Aim Portfolio
All of them have the default AIM settings (10%, etc)
Great idea, I've thought of that, and my backtester hasn't been updated with my new code, is there one around anywhere?
The interesting thing, is most of them 'came back' from their lows, like most stocks.
For two years or so, they have worked out, I'll post more information when I can.
Steve,
Thanks for your insights, yes, I've been in them for quite some time, and the reason I like them is the up and down and the radical nature of their movement, it seems perfect for AIM. I've seen all the warnings about a daily hedge instrument, but they've worked well for me and being "AIM'd".
Honestly, I've own most of them since after the crash of 08 (gosh I can't believe I wrote that), and they have done well (of course, what hasn't). But their up and down nature seems to fit AIM very well.
J
Direxion ETF's, does anyone AIM them?
I've been AIM'ing several of the 3x daily ETF's and it's been quite interesting. The ones I chose are:
ERX - Energy 3x Daily BULL
DZK - Developing Mkts 3x BULL
Does anyone else AIM these funds? They are very very radical and I think AIM loves them, thoughts?
I think AIM loves the 2x and 3x ETF's, I have done especially well with DZK and FAS from Dirextion.
J
Steve,
Thanks for the help, I thought that was the case, and new I had seen it before.
Why does the formula do this?
One of the major problems I've always had in my formula, is that when a stock is going down, AIM tells you to buy, which of course is good and what you want, however, there are times when it tells you to buy say 1250 worth of stock, you do, update all the variables, and then it says, well, buy some more.
Am I missing something or is my formula wrong?
Let me give you an example.
KBH - KB Homes (I know, just bear with me).
buy 150 @ 28.96 = 4344
buy 105 @ 16.65 = 1748
buy 79 @ 18.25 = 1441
After all that, my PC is at 5938 and AIM telling me to buy $1433 worth of stock, so I do, bringing up my PC to 6651, and now AIM tells me to buy another 582 worth, just right after I plug in my last 1433 transaction.
Am I missing something here or is the formula just not perfect and I'm asking too much?
Any help is appreciated.
John
Clive,
"Clear as mud", glad you said that, yes, that's about how I see it.
I like the base AIM calcs since it keeps me sane, and like you said, it's just a fisherman's guide to making money in the stock market.
I'm only wanting to make sure I get the standard down so I have a starting place. Once that's done, I will branch out and use many other types of formulas, like yours.
Thank you for sharing.
John
Tom,
Thanks for the input, these are all good additions to the base system which I plan on having once I get the basic aim stuff working.
J
Minimum $, great question and the bain of my last program.
My last program ONLY used Min $ in the Santos formula, which didn't match the Lichello one at all, so my buys / sells were all off.
I'm debating for this first test version a minimum amount, and then later add it to the amount calculation. I want to stick with a 'pure' set of formulas that don't assume anything with regards to amounts, but then give you an option later to set a limit.
I hope this makes sense, I'm still drinking my coffee.
J
Thanks Clive, I'll give it a look-see
Ok, so I think I've answered my own question, with a little assurance from the responses I've received.
I'm using Santos formula from the aim-users.com site to determine the next buy / sell price for the holdings I'm tracking, that formula is as follows:
sell price = (control + 10% of current value($s) )
--------------------------------------
( #Shares * (1 - Sell safe) )
buy price = (control - 10% of current value($b) )
--------------------------------------
( #shares * ( 1 + buy safe) )
I think most people use this formula and it assumes a split-safe scenario.
I've tested it against a spreadsheet to confirm that the price the formula gives is in fact, where Lichello's formula would tell you how much to sell / buy.
I used the sample from Tom's website and it all works out.
Now, onto making things look pretty on the site :).
I'll try to update the forum when I have more.
This helps too, thanks TooFuzzy.
J
Steve,
Thanks for the offer, but I've studied the spreadsheet and see the differences, but you explination is what I needed. I just wanted to confirm that what I was seeing in the Javascript on Tom's site was different than the book or your spreadsheet.
I'll have something up in a few months, I'm still trying to make sure the backend formulas do the basic AIM stuff, and then I want to incorporate other forulas (veal, LD, etc).
John
Questions on AIM formula
Hi Guys, It's been quite a while since I've been around, but wanted to check back with you all by asking some basic questions.
I'm re-writing my AIM application to be web based, but noticed that my formula doesn't seem to match what's on Tom's aim basics page (http://aim-users.com/aimbrief.htm).
My formula was a pretty simple copy of the excel sheet that is on Tom's website, and seems to work fine, but in looking at Santo's formula for buy / sell prices, it seems to account for a percentage of current value on how much it wants to buy / sell.
Sell Price = (PC + s$) / N(1-S%)
Buy Price = (PC - b$) / N(1+S%)
Then, on the AIM calculator page, it looks as though TooFuzzy's code doesn't use the value at all. I'm trying to determine what I'm missing here.
Once I get this figured out, I hope to offer everyone a free account to track their AIM stuff and see what you all think.
John.
P.S. Yes Tom, still racing, now for a real team :). Checkout http://www.midnightoilmotors.com/