InvestorsHub Logo
Followers 1
Posts 321
Boards Moderated 0
Alias Born 01/30/2002

Re: Conrad post# 1915

Wednesday, 03/20/2002 3:31:15 AM

Wednesday, March 20, 2002 3:31:15 AM

Post# of 47150
AIM is not a religion, it is selfdefence. Against ourselves, too. I would say that a lot of the people on this board (including me) have come to AIM after finding out the hard way that their emotions, intuitions and rational assessments gave bad guidance when it came to managing their stocks. Selling out high and buying back lower is great when it works, but for me, it doesn't work often enough. Buying on the way down and selling on the way up is extremely easy to manage with some guidance from AIM.

That is why your message is singularly unconvincing to me. I am not saying you are wrong! But it didn't work for me, and just pointing out that it would work if I would make the right decisions is not enough. I need a system to remain focussed.

I am also looking out for things that will make the system better, but I am wary for enhancements that seem to me to be contrary to the spirit of AIM (expressed by the great Tom Veale as 'buy from the scared, sell to the greedy'). To me, TA seems like a method to objectify fear and greed. That is nice in its own way. But whether TA added to AIM will complement it or obstruct it, is an open question. It would need some formalization (a system) and testing.

I am easy to convince. Just show me the numbers.

Regards,

Karel

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.