Hi Steve,
Are those 1% Sells of sufficient size?
1. 1% transactions are small, but you get more of them, so they add up. Because there are more transactions you have to enter more limit orders. Normally I have one 1% limit order, and when the selling starts, I enter more and have for example five 1% orders loaded. You could have a sell every 10 cents, so then all together they get to a certain size. The density of the sells increases, so total size is density times price interval. Hopefully you get more total sell activity, because of the higher granularity.
2. You have more transactions, so you have more transaction costs. I do small transactions at low fee brokers. Nowadays you have brokers that transact for free. I think in the US you have M1 or Robin Hood? Otherwise add the cost to the sell price indicated by AIM to recover the costs. Then the sell price moves a bit higher.
3.All this to make better use of the price movements. When I look at certain spreadsheets I notice higher returns when you do more transactions than when you use a standard, for example 5%, minimum size. Hopefully you catch more opportunities.
Best,K
