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Rien

04/22/02 3:33 AM

#2447 RE: OLD NO.7 #2442

Hi Larry, Yes 5/5/10 and 10/10/5 produce almost the same results. Which is why I replied :-)
But for me there is an important difference, since my accounts are'nt too big :-(, I need a x/x/10 setting to keep my commission costs in reasonable limits. My trading costs are about $40 per transaction. It is one of the disadvantages of using a dutch broker for US stocks.


Best,
Rien.
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OldAIMGuy

04/22/02 4:03 PM

#2464 RE: OLD NO.7 #2442

Hi Larry and Rien, Yes it hardly matters which way you structure the buy and sell resistance and minimums. If they add up to about the same thing, then they'll be about the same!

I should also say that this is only true for the very next trade. After that things start to vary quickly. This is especially true on the Buy side because of the PC change.

Best regards, Tom