Hi Alton.
I've been sitting here reviewing charts and looking for alternatives other than AIM. As much as I would like to trade, I just can't determine a more stable and lower risk method than AIMing (business building over time).
Well there is always LD-AIM.
Lower Risk in that your capital at risk is lower for the same potential realized gain benefit than classic AIM.
Remember, if you go back through Lichello's original 10-8-5-4-5-8-10 cycles you will note that those original 500 shares are never sold (on a LIFO basis anyway).
So the question becomes, why buy it? That initial position serves as nothing more than a placeholder for the initial Portfolio Control value. Only actually buy shares you're likely to Sell on a 3-5 trade Sell trend, then let the other shares be virtual.
And for those that might note the trading versus investing aspect of LD-AIM (which will let you Sell Out); I have some LD-AIM programs that have been active for 7 years. Or they are very active and produce many profitable round trips and accumulate significant shares along the way.
For example:
AXAS (formerly ABP) started in October, 2005 with a 2:1 Virtual:Actual ratio. So my Capital at Risk going in was one third of what Classic AIM would have been.
I have had 20 subsequent Buys and 16 Sells.
I now own more than 11 times the initial Actual purchase.
The current price is about one half the initial purchase.
All FWIW.
Best Regards, Steve (The Grabber)