AI
Monday, January 31, 2011 9:25:57 PM
Hi jtw
have been trying to keep up with the postings for the past 3 months or so. Alot of the postings go way over my head,
Don't worry about that. I just ignore the ones that go over my head.
As for your questions:
What is GIEW?
GIEW stands for "Grabber's International Equity Warehouse".
Simply a take off on Tom Veale's original 'acronymic' structure.
His is VIEW: "Veale's International Equity Warehouse"
I borrowed his idea because it makes a lot of sense within the context of AIM.
8 sells and 4 buys in one month sounds like a lot for AIM. Is this correct?
It is correct, and it might be lot if GIEW was built with just one AIM program. But it actually started the month with 20 (individual stocks) and ended with 19.
I've experienced 8-10 trades a month over the last 5 years pretty consistently, and have carried 20-25 stocks over that time. Each one is managed as a separate program.
What are your settings for buy % and sell %, minimum shares, minimum $, etc.?
In general I Sell about 9% and Buy about 11%. That is where my settings are. I usually do not carry any SAFE. I do not Buy any holding more than once in a month (most of the time) and won't settle for any less of a discount than 15% from the last transaction on the Buy side and no less than a 25% LIFO gain on the Sell side.
Go to this post from earlier this month to see how 2010 looked from a trade standpoint..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58516990
As for minimum $ the actual size of the transactions vary, but never less than $1k. Average is significantly higher since I've been at this for a while.
I'm deliberately not getting into the intricacies of LD-AIM (Low Down AIM) since you are relatively new, but I've run all my programs using LD-AIM exclusively since 2003. I mention it only because that is what allows me to run 20 separate programs!
Weigh in with any questions, any time and thanks for asking.
have been trying to keep up with the postings for the past 3 months or so. Alot of the postings go way over my head,
Don't worry about that. I just ignore the ones that go over my head.
As for your questions:
What is GIEW?
GIEW stands for "Grabber's International Equity Warehouse".
Simply a take off on Tom Veale's original 'acronymic' structure.
His is VIEW: "Veale's International Equity Warehouse"
I borrowed his idea because it makes a lot of sense within the context of AIM.
8 sells and 4 buys in one month sounds like a lot for AIM. Is this correct?
It is correct, and it might be lot if GIEW was built with just one AIM program. But it actually started the month with 20 (individual stocks) and ended with 19.
I've experienced 8-10 trades a month over the last 5 years pretty consistently, and have carried 20-25 stocks over that time. Each one is managed as a separate program.
What are your settings for buy % and sell %, minimum shares, minimum $, etc.?
In general I Sell about 9% and Buy about 11%. That is where my settings are. I usually do not carry any SAFE. I do not Buy any holding more than once in a month (most of the time) and won't settle for any less of a discount than 15% from the last transaction on the Buy side and no less than a 25% LIFO gain on the Sell side.
Go to this post from earlier this month to see how 2010 looked from a trade standpoint..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58516990
As for minimum $ the actual size of the transactions vary, but never less than $1k. Average is significantly higher since I've been at this for a while.
I'm deliberately not getting into the intricacies of LD-AIM (Low Down AIM) since you are relatively new, but I've run all my programs using LD-AIM exclusively since 2003. I mention it only because that is what allows me to run 20 separate programs!
Weigh in with any questions, any time and thanks for asking.
Best Regards, Steve (The Grabber)
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
