Advanced Automatic Investor

[AIMster]

Anyone, New here. I am test driving AI for 10 days and want to get to know it as much as I can. Am I correct AI interfaces with my broker? I am testing it with a S&P 500 Fund from Schwab where I already have an account. Will it interface with Schwab or just stock brokers?

Hi, Jim,

AI is a standalone program that gives recommendations to buy, hold, or sell, based upon the investing algorithms developed by Robert Lichello. As such, you are the interface between any recommendations and your broker. Some people use GTC orders so they can trigger "automagically," others go for a market order approach, closer to real-time.

The algorithms mentioned are defined as "AIM," or "Automatic Investment Management." Mr. Lichello defined the development of and rules for AIM in the book, "How to Make $1,000,000 in the stock market automatically." ISBN: 9780451204417. I grant the title is "hokey" but the underlying methodology is based on mathematics and helps to remove emotional decisions from the investing process.

Aside from this AI board specifically there is a general AIM board where theory questions as well as implementation ideas and improvements are always under discussion. Your questions and comments will be welcomed.

see: http://investorshub.advfn.com/boards/board.aspx?board_id=949

Best,

AIMster