husk:
I don't have my book with me, but Lichello always said that an AIMer could do their checkup as often as they wanted. But he did recommend monthly as being his preference since he felt there were better things to do with one's time.
If you use a GTC approach, then your checkup is automatic! Even intraday! I've done this this most of the time. The newer wrinkle is that you might not enter the next GTC's until a week goes by (especially after a buy).
Given all the chatter around here lately about managing one's cash reserve in a downward trending market, this must be a current issue for everyone, with about that many opinions as well it seems.
Anyway, I think that you have to be comfortable with whatever you decide. That is the main consideration IMO.
Frankly, I think we all get a little anal about being BTB or using the strict 'Lichello' model, etc. It's not the Bible for gosh sakes!
It's like the 'guy thing' I mentioned in an earlier post. We just can't help fiddling around with this thing!
Regards, Steve
Best Regards, Steve (The Grabber)