A.I.M. Users Bulletin Board

[lionhead0]

Hi Ken,

The system I use is simple with only 4 inputs; some ma's, one indicator, the retracement/extension ruler, and the LRS. I think I read somewhere that humans can only deal with 7-9 inputs at one time. 4 works for me fine. I NEVER use stop loss orders in any trading/investing situation. That's like revealing your hand to your opponents in poker. When I'm ready to exit, I just do so without hesitation. I've found my trades either go as planned, or go to blazes in a hurry and that's where I exit to cut losses. No if's, and's, or but's...

Using a trend following system in this market is going to have many whipsaws on a short term basis. So, my discretionary method is based on looking for set ups and squeezes. If I don't see what I what, I don't trade. The "train" is always running, so another one will pass soon. ;)

AIM should be used in both up and down markets, I don't consider it a long only method. JMHO.

Best, Tim