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Re: RFH post# 12449

Thursday, 03/18/2004 11:50:25 AM

Thursday, March 18, 2004 11:50:25 AM

Post# of 48440
Hi RFH

When I set up my AIM accounts they were set up so that 5% of STOCK VALUE would be an ammount that I would be willing to trade. I do dot worry about the # of shares or odd lots. On my higher priced ETF's sometimes AIM wants me to sell only 6 shares (and I started with $10,000 in stock). Selling so few shares and the commission / share bugs me now. So if I had to do it over I would probably start with fewer and larger accounts than the 10 that I have (10 diferent industries)

I am not farmilia with the software you are using but I would not use # of shares as a criteria for min amount to trade, just % of stock value. For me that is 5% but on a smaller account maybe you set it to 10% but reduce SAFE to 5% to compensate.

If you use min to trade is % of stock value it then automaticly scales as your account grows larger (hopefully).

Toofuzzy

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