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Bernie Goldberg

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Bernie Goldberg

Re: Conrad post# 4018

Wednesday, 07/17/2002 11:24:35 AM

Wednesday, July 17, 2002 11:24:35 AM

Post# of 47372
Hi,
You wrote:These models investigate things such as making the Minimum Buy dependent on the stock value rather than on a fixed quantity.
Mr. Lichello makes it very clear in his book that the minimum buy is not based on a fixed quantity. He recommends a minimum transaction size of 5% of the stock value or $500 whichever is greater. Since the number of shares changes with every transaction the minimum number of shares bought and sold would change with every transaction.
Bernie

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