Some Conclusions
I have concluded that sound stock selection and market timing are the key ingredients that minimizes risk when starting an initial aim position.
BTB and I imagine many aim users think that any time is a good time for starting an aim position in your selected stock; however, I now conclude that stock selection entry without market timing increases the risk factor. Risk minimization should be a mandatory necessity.
Also,"risk minimization is deeper than simply avoiding the discomfitures associated with some initial grief.
It can reduce psychological pressure that can create mistakes."
So I suggest, especially to newbies, that aimers learn about some market timer before initiating an aim position to minimize risk.
MACD, Williams, buying only ETF'S , etc... are some examples.
I like MACD as a timer because it gives an unequivocal answer to this question. Probability-Wise, is this the most propitious (risk minimization) time to initiate an aim position?
I am looking at Tom's energy and precious metal list. I can go through the list one by one and get a MACD answer.
Example, around late August 2014 there was a MACD divergence in many of the names listed indicating a high risk time to start an aim position.
At the present time the divergence is negligible indicating a propitious entry level.
Regards
ocroft