A.I.M. Users Bulletin Board

[The Grabber]

Pick the right 'fat' first

Conrad:
Everything you say (except one) may or may not be the case.

First, I'm not into, nor do I have the time or resources to discuss the relative merits of one 'system' versus another.
Because, what you said in so many words, is true 'Each to His Own'.

I agree with that. But it is nice to get a little affirmation from time to time. What's that line from the recent commercials?
"Encouragement! Pass it on!"

But I digress...

One thing you did say is not the 'fat' I suggested be chewed.

PC2=PC1 + Trade. . . .Trade being a positive for Buy and negative for Sell

Rather, what I was pondering was whether to increase/reduce the PC by the cost of the shares bought/sold (on a LIFO basis). For Buys that happens to be the trade amount. But for Sells, it is usually less.

The question is would this approach be more, less or as effective as the Lichello's +1/2 on Buys, no reductions ever?

This group is a great sounding board. Has been for years.
We are great 'chewers'.