Hi Ocroft,
What you describe here is more like I remember it from the discussion I had with you at the time. . .I was keen on understanding the "nitty gritty" details of what you did.
In large lines you are confirming that what I remember was more or less correct:
1) Your Buy Side was 100% AIM Method. So I remember from that that you invested 50% of the allocated money at some point that you considered "worth buying" the stock at. . .just like AIM BTB wouod be based on, and indeed as I did with Vortex AIM;
2) When the price declined you would not actually invest on each Buy Signal but you would wait till for a point there was a price reversal, and if the price reversal was significant enough for you to see it as an Uptrend only then you would execute the accumulated Buy Amount.
An uptrend can be indicated by various means, the details of which are . . for me. . .irrelevant for the discussion on the essentials of your method. . .
An uptrend signal determination is something very subjective, and only after its details have been decided on will it become an objective thing. . .
3) On the sell side I distinctly remembered you abandoned the AIM Strategy and sold all at a specific profit level. I remember that you mentioned 20%. . .
It could have been that you were flexible on this, which would seen logical if the market all over was in a strong uptrend, and then it would also be logical to sell all if that uptrend ended.
Would you say that generally my understanding of what you did was correct. . .apart from the specific numbers you used for detecting a Price Reversal for the buying and for bailing out at a ceratain profit level?
