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Re: juslookn post# 583

Saturday, 12/27/2003 12:37:21 PM

Saturday, December 27, 2003 12:37:21 PM

Post# of 1453
Hey Tom,

Don't lament your plea for help. Many of us have been at it for much longer than one year. There is no magic pill. Most practitioners of AIM do not let it run on autopilot, therefore it is not truly automatic.

Averaging down is a tricky affair at best. Pick the wrong instrument and you are doomed. Really does not matter what method you choose. If there is no bounce, you are in trouble.

Myst method is for short term trading and even though it is not pure AIM it does share some of the pitfalls.

I would recommend that you peruse the wealth-com web site or Active Trader Mag. There they have published a scaling methodolgy that has returned 25% per annum. HOWEVER, there were many instruments that had 11 consecutive buys before a sell. Can you stomach that?

Regards,

Leap


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