Replies to post #38290 on A.I.M. Users Bulletin Board (AIMUSERS)

[jaiml]

Thanks Clive. I just wanted to double-check.

For the curious ones that you use a fixed absolute amount for trading that is independent of the SV or PC (say M = 3,000$), then I think the equation becomes:

Buy when stock price is less than or equal to
(PC-M)/[NumberOfShares * (1+SAFE)]

Sell when stock price is greater than or equal to
(PC+M)/[NumberOfShares * (1-SAFE)]