Hi LH: Reguarding halfway to the wall:
>>I think to succeed with half way to wall one must implement the concept on the 1st buy and fill the bucket as AIM wants on the last buy. I think most put the idea in place when they are strapped for cash at the bottom and then it's way to late. To me that idea only profits if some where down the ladder you satisfy AIM completely. I've done that in a few cases and came out with positive sales. FWIW<<<<
Well with the method above you would need 20-20 forsite. How do you know when the last buy will be? The whole point of AIM is to invest without (or less) emotion. How would you know to use your cash for that last buy. How would you know that first buy will not be your last till you have a few more sells (ie you are limiting your purchase on that first buy and there may not be a second before you have a sell)
The purpose of the "Halfway to the wall" is to save a little powder to buy at the very bottom of the market when you have a deep diver.
What you propose would be like using a "Vellie" as your first sale and not building up the cash reserve because you want to be able to save the shares to sell at a higher price.
In case anyone doesn't know what we are talking about. When AIM wants you to buy enough stock that it will use up all your remaining cash, only buy stock with 1/2 of your remaining cash.The next month if you have ANOTHER buy signal, again use only 1/2 of your remaining cash. This concept was nicknamed "halfway to the wall" and is NOT part of the "regular" AIM formular.
Just my thoughts
Toofuzzy
Take the road less traveled. It will make all the difference.
Take the road less traveled. It will make all the difference.