InvestorsHub Logo
Followers 139
Posts 15221
Boards Moderated 6
Alias Born 01/29/2002

Re: SFSecurity post# 38605

Tuesday, 11/18/2014 2:50:30 PM

Tuesday, November 18, 2014 2:50:30 PM

Post# of 47132
Hi Allen, Re: Getting started.....................

NetStock's quite handy for those Warn signals. I also used the broker's "Good 'til Cancelled" "Limit Order" features. There I put in my next buy and sell orders for as long as the brokerage will allow. Then I don't have to be tied to my desk and computer. The market will take care of my order when the price/share gets to my target.

For years I kept a full suite of both buys and sells for each position at the brokerage. Then when one side traded in a position, I reported the trade to Newport and got my next targets. (you can also use the Quick AIM Calculator) I'd go back to the brokerage site and modify the unfilled opposing order and enter a new replacement order for the one just filled. Then go back out to the garage and work on some non investing project!

Filling up one's time when using AIM can be the most difficult part of portfolio management! Some of us have raced cars, some golf, some take long vacations. It's brutal making all those decisions!

With GTC Limit orders you can literally achieve the "automatic" part of AIM.

Best regards,

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.