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Adam

01/24/11 1:40 PM

#33628 RE: The Grabber #33627

Re. Stop-Loss, Lichello had a poor-man's stop loss in that when you ran out of cash in a particular stock you were supposed to stop buying. Of course then you end up with a dead program and the money you alread put into the program can keep sinking. At best it will sit for who knows how long until the stock recovers if ever.

If someone can implement a stop loss into AIM it would be useful. I'm convinced it would also be a poison to some extent as AIM needs declines to work, so any stop loss would decrease the gains from security fluctuation.

Also in my experience of using AIM for many years I've had several AIM stocks that just sank and failed with AIM, but never an ETF, CEF or mutual fund that failed. Sure some of the funds did not do as well with AIM, but never a failure like stocks. I'm convinced that unless you're dabling with specialized ETFs with questionable future that you don't need a stop loss for AIMing any reasonable kind of fund. With funds when AIM tells you to buy it's quite safe to do so.

Adam
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OLD NO.7

01/24/11 1:44 PM

#33629 RE: The Grabber #33627

Steve

In regards to a ASL (automatic stop loss).

Are you talking about daily, weekly or monthly chart? What time frame for Wr% 14, 20, 40? It looks like that could work and may not be that much different than just using moving average crossovers.

Larry G