I haven't participated in the ZZ discussion, but I believe I understand the concept...forgive me if I raise a point that has already discussed.
I'm not sure I buy into the ZZ profit setting premises...caveat: I am talking about tax-sheltered accounts with no transaction fees.
1. Why would I want to set SAFE and min size to only trigger a buy or sell at 35, 30, or even 20%........why would I not want to take a 10% wiggle, if it were available?
In a sideways market, 10% variations may occur several times in a 6 month period, while the 20% point is never reached.
3 round trips at 10% profit each makes more sense to me, than not getting an AIM directed buy or sell.
The only reason I can think of is a quick moving trend upward, or more likely, downward, as we have experienced in the last 2 years in tech............but, in that eventuality, increasing the buy or sell SAFE or min trade size to manage the cash is a simple thing.....(not that I did then, but I have certainly learned from that experience)
Does anyone have any good reason why I should not set AIM parameters to capture a 10% profit on at least a few shares, if it's available?
