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The Grabber

03/05/24 10:13 AM

#46973 RE: OldAIMGuy #46972

Thanks a lot Tom!

1) When a stock or fund is fully funded with cash reserve per my thinking, I don't hold any GTC Limit Sell orders open on it. I wait until the price/share hits my target (or better) and then execute the 'vealie' and update my watchlist target prices on the buy and sell sides.
This makes sense to me. Of course I've never had 'Too Much Cash'! 🙄 But if I did, I'd likely use the same approach.

2) I've been using i-Hub's "Monitor" menu item in a separate window. There I've added a "Memo" column and in there I put the next buy and sell target prices. That's my watchlist. It keeps me up-to-date at a quick glance. I've had other software in the past for such monitoring, but those have all gone "Bye Bye" now, so this is how I handle them today.
I set 'Alerts' in TD Ameritrade for both my next Buy and Sell points. I get a text notification when they trigger

3) Yes, if I'm lucky enough to have the price/share race past my next Sell target while I'm napping ( 😎 ) I ask AIM how much the current price would want me to sell and then use that value divided by 2 to add to the Portf Control. Then all's well until the next price move or check-up.
This has happened to me from time to time.

Also, if market risk moves upward so that my current cash percentage isn't satisfactory, I'll execute a sale at the next target price to bring cash up toward the new market risk cash suggestion. Going the other way on risk, if risk drops and my cash looks too fat, I'll just have a chance to do more 'vealies' until either risk rises again, or cash gets diluted by stock position growth, or a buy cycle comes along and naturally lowers cash again.
Makes sense

I'll look through my Newport histories and see if I have a good 3 year period of trades and vealies as an example.
That would be great!
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Investor Will

03/05/24 1:29 PM

#46974 RE: OldAIMGuy #46972

So

Assuming the "Vealie" level is at 30%, cash at 29%.

The target price of £15.00 would take the cash to 33%, instead of a sale you'd Vealie? All based on the expected trade return?

That's my understanding, just checking with you.

Will