InvestorsHub Logo
Followers 21
Posts 3695
Boards Moderated 1
Alias Born 01/30/2002

Re: SFSecurity post# 40936

Thursday, 07/07/2016 3:45:46 PM

Thursday, July 07, 2016 3:45:46 PM

Post# of 47133
Thanks Allen.

I need to do the buys/sells by hand as the EOD/EOW/EOM prices rarely match the the AIM dictated buy/sell prices.

That's because Lichello didn't 'pre-plan' his transaction prices (like the rest of us now do).

He used the end of day, week, month and went through his (SV-PC) +/- Safe to get to the transaction $. Then divide that by the share price.

If Initial Action is less than Min $, then you need to add that difference to the Initial Stock Value

One can dick around a bit with the first one to get a price/share combo that meets your minimum $ amount.
Well that's not necessary since the formula I have in there allows for that
(Unless I misunderstand your point).

I'm guessing that it is this adjustment factor that makes the buy/sell different than the other two.

That and other approaches use % of PC instead of % of SV as Lichello does.

Not that it matters all that much as we've discussed many times over the years here.

I think the important thing is to be comfortable with your settings and then stick with them as much as possible.

Best Regards, Steve (The Grabber)

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.