News Focus
News Focus
icon url

Alton

01/28/10 5:49 AM

#31385 RE: Toofuzzy #31384

Hey TF,

Thought I would try this method for ind stocks and/or ETFs that don't represent multiple companies like SLV, GLD, etc. I 've been using 0 sell safe, 10% buy safe, and 10% minimum order for all my Aiming. However, all my purchases are actually at or below 15-16% from last transaction (use your calculator). The 0 sell safe has helped me attain some cash of late. Burned most of cash last year until I developed a sequential purchase process (again enlightened by this boards mbrs). By the way, 've completely eliminated the "time" aspect...when the equity hits my target regardless of time I buy/sell. Again, my way of trying to capture volatility.

Until Grabber mentioned LD-AIM, I was considering a hybrid model for ind stocks (Lichello/Pruveen). Use a constant value of say $5000 for ind stocks (initial purchase), have some cash on the side, use 0 sell safe, use 10% buy safe and 10 minimum purchase, but never adjust PC. This way one sells off shares 10-11% above $5000.

The problem though, I think, is that this method has you selling shares at a loss more often than you would by adjusting PC.

Wrote alot here, early in morning, not enough coffee yet!

Regards, Lynn