tag:blogger.com,1999:blog-98984772024-02-18T18:49:39.404-08:00Buy Low - Sell High with Core Position Trading™ (CPT)Core Position Trading (CPT) -- aka Automatic Investment Management (AIM) and Automatic Asset Allocation (AAA). As contrasted to Technical Analysis. For Stocks, Exchange Traded Funds (ETFs), Mutual Funds, and Precious Metals (gold, silver, platinum, palladium). Investment, investing, speculation.Unknownnoreply@blogger.comBlogger25125tag:blogger.com,1999:blog-9898477.post-58131497144485996882010-11-01T12:56:00.000-07:002010-11-01T13:28:42.638-07:00AIM Stock/ETF Buy/Sell Transaction Calculator Updated v8.1<a style="" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh7ZjUno2FLaGWSwC0a76L7AKjHx-_JKzdGCmxMPbl0qgvSfz-5YaNyngzFFtmkvEfpC8fQlz5zHowjTxUMTrIeQ61CT-7HQBjldECQ5CLJ5g1ZC5Z5AG-C0cDXXRLfAf1QeKxPaQ/s1600/aim_nextsell.gif"><img style="float: right; margin: 0pt 0pt 10px 10px; cursor: pointer; width: 200px; height: 184px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh7ZjUno2FLaGWSwC0a76L7AKjHx-_JKzdGCmxMPbl0qgvSfz-5YaNyngzFFtmkvEfpC8fQlz5zHowjTxUMTrIeQ61CT-7HQBjldECQ5CLJ5g1ZC5Z5AG-C0cDXXRLfAf1QeKxPaQ/s200/aim_nextsell.gif" alt="" id="BLOGGER_PHOTO_ID_5534679710984192418" border="0" /></a><br /><div style="text-align: center;"><span style="font-weight: bold;">AIM Stock/ETF Calculator Version 8.1 Available</span><br /></div><br />The Premier AIM Stock/ETF Buy/Sell Transaction Calculator Program has been updated to v8.1.<br /><br />This software program implements Robert Lichello's Automatic Investment Management (AIM) algorithm, with enhancements.<br /><br />AIM is a Core Position Trading (CPT) method where investors are "forced" to "buy low sell high" portions of their core positions in stocks or ETFs. A portion of their holdings is to be sold on rallies (selling high) and repurchased on dips (buying low), to ensure long-term gains.<br /><br />Previous purchasers of the program have received an email with a link to a web-page having the software download and other links.<br /><br />Other investors interested can discover what AIM is all about and purchase the software by starting at <a href="http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.php" title="AIM Calculator Software Program for Stock Trading and ETF Trading" target="_blank">AIM Calculator Software Program for Stock Trading and ETF Trading</a>.<br /><br /><div style="text-align: center;"><span style="font-weight: bold;">Updated Items</span><br /></div><br />Previous purchasers, note that several other items have been updated:<br /><br />The screen-shots on various web-pages have been updated.<br /><br />The program description is updated at:<br /><a href="http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.php" title="AIM Calculator Software Program for Stock Trading and ETF Trading" target="_blank">AIM Calculator Software Program for Stock Trading and ETF Trading</a>.<br /><br />The program user document is updated at:<br /><a href="http://www.bean-d.com/cpt/user-doc-aim-stock-etf-transaction-calculator.php" title="Stock and ETF AIM Trade Management Software User Doc" target="_blank">Stock and ETF AIM Trade Management Software User Doc</a>.<br /><br />The important page discussing what trades to consider, and which to not, is updated at:<br /><a href="http://www.bean-d.com/cpt/price-range-calc-use.php" title="Stock and ETF AIM Transaction Price Range Calculation" target="_blank">Stock and ETF AIM Transaction Price Range Calculation</a>.<br /><br />The sample Price Range Calculation listing is updated at:<br /><a href="http://www.bean-d.com/cpt/detail/aim_rangecalcex.txt" title="Sample Price Range Calculation listing" target="_blank">Sample Price Range Calculation listing</a>.<br /><br />The handy spreadsheet for summarizing your positions and next transactions has had a face lift by color-coding the spreadsheet cells to clarify which cells are for user input and which are protected. That is available only to purchasers of the software, but the update user document is at:<br /><a href="http://www.bean-d.com/cpt/user-doc-aim-position-overview.php" title="AIM for Stocks and ETFs Position Overview Spreadsheet User Document" target="_blank">AIM for Stocks and ETFs Position Overview Spreadsheet User Document</a>.<br /><br /><div style="text-align: center;"><span style="font-weight: bold;">Update Summary</span><br /></div><br />The main screen has been given a face-lift.<br /><br />* A few of the user input text boxes have been re-arranged.<br /><br />* The color scheme of the input text boxes has been simplified.<br /><br />* An additional input text box for the Previous Transaction Price has been added. That accompanies the Previous NET Price text box.<br /><br />* Two of the results columns have been greyed out to clarify that they are for information only, not for action.<br /><br />* An "Action Analysis" box with additional information replaces the information pop-ups for that information.<br /><br />The Price Range Calculation listing has been revamped.<br /><br />* The heading display lists the items in the same order as on the main screen.<br /><br />* Two table columns that displayed reference information have been removed. If a user is really interested in that information, the user may get it from the main screen "Exact Qty Calc" results column for a given Transaction Price Calculation.<br /><br />* The last two columns previously give "% diff" and "$ diff" have been replaced with three columns under the general heading "DIFFERENCE CALCULATIONS". The two colums just mentioned are now named "Net %" and "Net $". The added third column is "Trans %", which shows the percentage difference between the Previous Transaction price entered on the main screen and the proposed transaction price for the table row of interest.<br /><br />* Warnings are appended to each line where a potential transaction is not recommended.<br /><br />* The warnings are described in the Notes at the bottom of the Price Range Calculation listing.<br /><br /><div style="text-align: center;"><span style="font-weight: bold;">Questions? Comments?</span><br /></div><br />Feel free to use the Comments section for questions and comments, and suggestions.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-35212066315089865662008-12-10T15:11:00.000-08:002010-09-17T01:04:29.212-07:00AIM Stock/ETF/Mutual Fund Position Overview Spreadsheet & User Document Updates<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEje5MYeSPRqhuB3fcSCH-TgI0GNZBAJT2tm8uy9lFJ1hYVjDk0oF9BkWHw1OONGqaAuiEnyWj3qfJ6ayje1lj3r4ROkIhw83UF7yRXRhpWaJqA6XKXluE9dI0CQEFplC3rBnzvmwA/s1600-h/position_overview.gif"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 200px; height: 168px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEje5MYeSPRqhuB3fcSCH-TgI0GNZBAJT2tm8uy9lFJ1hYVjDk0oF9BkWHw1OONGqaAuiEnyWj3qfJ6ayje1lj3r4ROkIhw83UF7yRXRhpWaJqA6XKXluE9dI0CQEFplC3rBnzvmwA/s200/position_overview.gif" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426501299986071474" border="0" /></a><br />I have recently updated the Position Overview Spreadsheet and User Documents you will get links to when you purchase the <span style="font-weight: bold;">CORE POSITION TRADING</span>™ (<span style="font-weight: bold;">CPT</span>) <a href="http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.php" target="_blank">AIM Stock/ETF Fixed Commission Transaction Calculator</a> software program.<br /><br />All the links for downloading the program, viewing user docs, and related sites are will be furnished when you purchase the program.<br /><br />There are two versions of the user documents, one for each of the two spreadsheet variations available, that you can take a look at:<br /><br />Click to see the <a href="http://www.bean-d.com/cpt/user-doc-aim-position-overview-v2d2.php" target="_blank">AIM Position Overview Spreadsheet User Document (original version)</a>.<br />Some like that one better.<br /><br />Click to see the <a href="http://www.bean-d.com/cpt/user-doc-aim-position-overview.php" target="_blank">AIM Position Overview Spreadsheet User Document (latest version)</a>.<br />I prefer this one for my own personal use.<br /><br />Click to see an example <a href="http://www.bean-d.com/cpt/graphics/position_overview.gif" target="_blank">AIM Position Overview Screenshot</a>.<br /><br />AIM high,<br />DBUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-74241192994760446592008-04-21T14:15:00.001-07:002010-01-13T23:52:15.487-08:00AIM for Income with Covered Calls<a style="" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_xlmjC_AM9hP-Tngyn9iTgeZc6yM106uVTD1p7gfuKX1Akqok4H4jLwp-ssEXdITDOZcMT09-Hpqmw0K60RSFnIBof5A4Cwv5R4XCAUXvPrR48SdJCz9kqHJpoFnoljr3NtAexg/s1600-h/businessmoney.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 170px; height: 126px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_xlmjC_AM9hP-Tngyn9iTgeZc6yM106uVTD1p7gfuKX1Akqok4H4jLwp-ssEXdITDOZcMT09-Hpqmw0K60RSFnIBof5A4Cwv5R4XCAUXvPrR48SdJCz9kqHJpoFnoljr3NtAexg/s200/businessmoney.jpg" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426499527020984274" border="0" /></a><br />I sold <span style="font-weight: bold;">Covered Calls</span> on Harmony (HMY) for the past three months -- the Feb 2008 12.50c, the Mar 2008 12.50c, the Apr 2008 12.50c. They all expired worthless. That means I got to keep the <span style="font-weight: bold;">option premiums</span> I received for selling those <span style="font-weight: bold;">Call Options</span> for those three months, and I still have the 100 shares of HMY that "covered" the selling of the Calls. I'll also likely sell the May 2008 12.50c in the next week or so, provided I can do so for a decent premium.<br /><br />The <span style="font-weight: bold;">AIM</span> trading method has you "<span style="font-weight: bold;">buy the dips</span>" and "<span style="font-weight: bold;">sell the rallies</span>". And, it specifies specific amounts to buy or sell at specific prices.<br /><br />For MY particular account holding of HMY, my next price point to sell part of my holding, 100 shares, is at $12.48. The $12.50 strike price for writing a Call is close enough.<br /><br />Say that also happens to be your trigger point -- price and quantity.<br /><br />If not selling a Call, the usual procedure with AIM would then be to put in a <span style="font-weight: bold;">Good 'Til Canceled</span> (<span style="font-weight: bold;">GTC</span>) <span style="font-weight: bold;">Limit Order to Sell</span> 100 shares at $12.48. So, if and when the price gets to $12.48, you are likely to get the sale made. (On rare occasions, your price may be hit but the order not filled because not enough available to fill your order, and then the price retreated.)<br /><br />Now, say you sell a $12.50 <span style="font-weight: bold;">Covered Call</span> against 100 shares. You can't also put in a <span style="font-weight: bold;">GTC sell order</span> against that 100 shares. The 100 shares are already potentially "spoken for" as they are "covering" the Call option you sold.<br /><br />Assuming you <span style="font-weight: bold;">hold the Call to expiration</span> -- that you don't buy it back or get called out early on your shares -- only the <span style="font-weight: bold;">stock price at expiration</span> is important to you. If the stock price is above $12.50, you will be exercised on. You keep the premium you got, the stock is taken and you get the <span style="font-weight: bold;">strike price</span> of $12.50 per share for the stock -- even if the stock price is higher -- even $20.00 or whatever. If the stock price is $12.50 or less at expiration of the option, you keep the premium you got, and you keep the stock.<br /><br />Now, here is something that happened in those past months. The stock bumped up ABOVE $12.50 a couple of times. But since I had sold the Call against it, not using a <span style="font-weight: bold;">GTC Limit Sell order</span>, I still had the stock. That's because by the time the <span style="font-weight: bold;">option expiration date</span> came around, the stock price was again below $12.50.<br /><br />So, you may say, I lost out when HMY went to over $13 in Janary and over $14 in March, only to retreat again. No. That is "coulda woulda" thinking. That assumes that YOU knew and that I SHOULD have known that the stock would go above $12.50 during that period.<br /><br />If I had not written the Covered call, I would instead have had a GTC limit sell order in for $12.48, $12.50, whatever, and been sold out there ANYWAY. So in both cases I/you would not have participated in the bumps above $12.50. No "coulda woulda".<br /><br />You are going to sell the stock, in this case for $12.50 -- either by a <span style="font-weight: bold;">GTC limit order</span>, or by having it called from you at $12.50. You may as well let someone pay you an <span style="font-weight: bold;">option premium</span> to take the stock from you at $12.50 at which price which you were going to sell anyway.<br /><br />Bottom line: Take the <span style="font-weight: bold;">Covered Call income</span>, if you can. Unless you have a time machine or crystal ball.<br /><br />==========<br />Trading Notes: You need a sufficiently large account -- quantity of shares -- to do this. Calculate how much to sell at the next strike price above the present stock price. The AIM calculation should tell you to sell 100 (maybe a few shares less) or more at that price. It goes without saying that you need to have those shares in your account.<br /><br />If you calculate that you should sell say, 237 shares, you could sell two Calls and place a GTC Limit Sell order at that price for the extra 37 shares.<br /><br />Make sure the premium you get for Writing a Call is worthwhile. If you are NOT called out, your profit is the option premium you received, less the commission you paid when you sold the Call. And you keep the stock. If you ARE called out, you have paid a commission AND will also have to pay an <span style="font-weight: bold;">assignment fee</span>. Make sure before you sell the Call in the first place, that your net proceeds for selling the Call will be worthwhile, taking into account both the commission you paid when writing the Call and the potential assignment fee you will have to pay should the buyer of your Call exercise his option to call you out on the stock. The assignment fee is the way the broker gets money from you when you are called out at assignment. They aren't getting a commission on your selling the stock, so they make sure they make some money however the stock changes hands. Hence the assignment fee.<br /><br />Do NOT sell the <span style="font-weight: bold;">Call Option</span> with a <span style="font-weight: bold;">Market Order</span>. There is frequently a large <span style="font-weight: bold;">bid-ask price spread</span>. If you put in a Market Order, you will get hosed. I use <span style="font-weight: bold;">Limit Orders</span>, good for the day only. If the market is slow for the option you are interested in, the <span style="font-weight: bold;">Open Interest</span> and Volume will be small. Sometimes, as soon as you put in a Limit Order, the Market Maker will then move the bid-ask. Resist the temptation to "chase" the price. Leave your asking price in for at least a couple of hours, THEN maybe consider modifying your asking price price if you haven't yet got a fill.<br /><br />If I still haven't got a fill by the end of the day, I RAISE the price I want to get (ask) and change the order to GTC so it will be in effect overnight and the next day. Doing that, sometimes you can get lucky at the opening the next day. Then, after opening, if still not filled, I will re-evaluate. Keep my asking price as is, or lower it a bit, or forget about it.<br /><br />If I keep the order in effect, I'll do so for a few days. If not filled soon, probably best to forget about it. Since you are selling an out-of-the-money Call (OTM) you are <span style="font-weight: bold;">selling time value</span> only, and that is rapidly eroding, which means that day-by-day, everything else being equal, you will get less for the Call the closer to expiration the option you want to sell is.<br /><br />You sure don't want to sell a Call and pay more for commission and assignment fees than the premium you would get. May as well just put see what AIM tells you to sell (possibly a lesser quantity at a lower price rather than the 100+ shares at an option strike price) and put in a GTC Limit Sell order for that.<br /><br />Then, if you still have the stock after "this month's" options expiration date, on the following Monday or Tuesday, start looking at the next month's options to see if you can profitably sell one of those.<br /><br />==========<br />The <a style="font-weight: bold;" href="http://www.buylow-and-sellhigh.com/core-position-trading/aim-stock-buy-sell-calculator.php">AIM Stock/ETF Buy/Sell Calculator</a> <span style="font-weight: bold;">Price Range Calculation</span> Feature provides a list of quantities of stock to buy or sell at various prices. The calculations are based on <span style="font-weight: bold;">Robert Lichello</span>'s AIM algorithm using your specific account parameters.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-87088159773843576652007-12-15T16:11:00.000-08:002010-09-17T00:57:39.302-07:00Inflation Indexing of the AIM Portfolio Control<a style="" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj86Cd99nPrP9tQstBkbpf3uO7sEBW6_knI9GiE3ONeIjtZfJv7ODSRu4gIgtIpX8Cf3f1tFktEMboulPZTQrm1PB4e1zeXtyx4Tg5HaXqppeIJ8-GSvKwyVRtNyrhDTi8enRrSAw/s1600-h/businessmoney.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 170px; height: 126px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj86Cd99nPrP9tQstBkbpf3uO7sEBW6_knI9GiE3ONeIjtZfJv7ODSRu4gIgtIpX8Cf3f1tFktEMboulPZTQrm1PB4e1zeXtyx4Tg5HaXqppeIJ8-GSvKwyVRtNyrhDTi8enRrSAw/s200/businessmoney.jpg" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426495612184957090" border="0" /></a><br /><div style="text-align: center;"><span style="font-size:130%;"><span style="font-weight: bold;">Introduction</span></span><br /></div><br /><span style="font-weight: bold;">Robert Lichello</span>'s <span style="font-weight: bold;">AIM</span> is an acronym for <span style="font-weight: bold;">Automatic Investment Management</span>. AIM and modifications are a very popular <span style="font-weight: bold;">investment management technique</span>. It makes little or no use of <span style="font-weight: bold;">technical analysis</span> (TA) or <span style="font-weight: bold;">fundamental analysis</span> (FA) and so usually requires less management time than TA of FA trading and management. Yet it frequently provide much better returns than buy and hope (<span style="font-weight: bold;">buy and hold</span>).<br /><br /><div style="text-align: center;"><span style="font-size:130%;"><span style="font-weight: bold;">Portfolio Control (PoCo) Adjustment in a Non-Inflationary Environment</span></span><br /></div><br />The AIM <span style="font-weight: bold;">Portfolio Control</span> (PoCo) is the main feature of the AIM algorithm for determining how much stock (or mutual fund or ETF) to buy or sell at various price levels.<br /><br />In a <span style="font-weight: bold;">non-inflationary environment</span>, there would be no need to adjust (index) PoCo except in the happy circumstance that a stock price increased dramatically. In such a case, there would be many more Sell transactions than Buys, so the cash portion of an AIM account (one stock, mutual fund, or ETF plus the cash) would get to a level that you might consider excessive in relation to the value of the stock still held.<br /><br />In such a case, you might do a "<a href="http://www.aim-users.com/aimchng.htm">Vealie</a>" on the PoCo. That means increasing the PoCo. A Vealie has the effect of moving the buy-sell hold zone up, so that it becomes a little harder to sell more (conserving stock), and easier to buy more (using up some of the excess cash).<br /><br /><div style="text-align: center;"><span style="font-size:130%;"><span style="font-weight: bold;">Unfortunately, We Are in an Inflationary Environment</span></span><br /></div><br />Because we are in an <span style="font-weight: bold;">inflationary environment</span>, I recommend indexing the Portfolio Control (PoCo). Why and how to do this is discussed on my website at<br /><a href="http://www.bean-d.com/cpt/inflation-cpi-adjust.php">http://www.bean-d.com/cpt/inflation-cpi-adjust.php</a><br /><br />My unequivocal position is that if you do NOT index your PoCo for the results of inflation -- the increase in the Cost of Living -- you will be Buying and Selling improper amounts at various prices.<br /><br />This is serious, not trivial. If you do not index PoCo, what you may think are acceptable results may in actuality be a diminishment of your capital.<br /><br />Discover the details at "<a href="http://www.bean-d.com/cpt/inflation-cpi-adjust.php">Indexing the AIM Portfolio Control for Inflation</a>".Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-79721107448922521312007-05-19T23:57:00.000-07:002010-09-17T00:55:20.328-07:00Chances for Making Money Better with Core Position Trading<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiCAe_se3DaX75n5ydlmRKorFFOlbE1wR1MoIP5_-KOYXrC0-IoQ00uq7GsAdePh1Snzjen2U9t1JYP-4Tlah9GMtBcZR1sNq5TGYjMusEG6qERdfZdcxqFFnbBIjs9FApMazZK4g/s1600-h/aim_nextsell.gif"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 200px; height: 140px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiCAe_se3DaX75n5ydlmRKorFFOlbE1wR1MoIP5_-KOYXrC0-IoQ00uq7GsAdePh1Snzjen2U9t1JYP-4Tlah9GMtBcZR1sNq5TGYjMusEG6qERdfZdcxqFFnbBIjs9FApMazZK4g/s200/aim_nextsell.gif" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426494010893007042" border="0" /></a><br />Ah, the lure of <span style="font-weight: bold;">making millions in the stock market</span>. I too have seen some of the late night television infomercials - red lights, green lights -- red arrows, green arrows -- whatever. I've even gone to some of the rah-rah hype and hope meetings at local hotels.<br /><br />Oh, the messages are so wonderful. "See what we can do, and you can too." Just give us $2000, $5000, $10,000, and you too can join the elite ranks of "<span style="font-weight: bold;">millionaires in pajamas</span>".<br /><br />All boil down to some sort of <span style="font-weight: bold;">Technical Analysis</span> (<span style="font-weight: bold;">TA</span>), though some downplay that and just promote the magic software that tells you to just buy or sell without showing you the workings.<br /><br />Some popular <span style="font-weight: bold;">technical indicators</span> included in the programs offered include <span style="font-weight: bold;">moving average crossovers</span>, <span style="font-weight: bold;">MACD</span>, <span style="font-weight: bold;">RSI</span>, etc. There are hundreds, maybe even thousands of technical indicators, with more "invented" every day. Why do people feel the need to come up with new indicators? BECAUSE NONE OF THEM WORK CONSISTENTLY. So it is a search for the holy grail.<br /><br />Naturally, on the infomercials and the "introductory seminars" you are going to see testimonials only from the successful (so they say) students/traders.<br /><br />Technical Analysis (TA) MAYBE can work for some people. If it actually does so, it does so for only a VERY SMALL percentage of people. I think perhaps it takes a combination of TA knowledge, some sort of intuition, AND a LOT of (expensive) experience. This is beyond 90% to 99% of us -- including me. And, frankly, I am smarter than most. So what chance do you have? ;>)<br /><br />So, I have succumbed to the lure and also have dinked around with Technical Analysis. But I have NEVER made any money using it. Fortunately, I haven't been hurt too bad, but that is because one of the first things I paid attention to was learning about <span style="font-weight: bold;">stop losses</span> (<span style="font-weight: bold;">stop loss orders</span>).<br /><br />Now, I have made some money in the <span style="font-weight: bold;">stock market</span>. Not grand theft money, but not chump change either. The method I have used is variations of <span style="font-weight: bold;">AIM</span> -- <span style="font-weight: bold;">Automatic Investment Management</span>, popularized in a <a href="http://www.amazon.com/dp/0451204417?tag=davibeansheal-20&creative=373489&camp=211189&link_code=as3&creativeASIN=0451204417">book</a> by <span style="font-weight: bold;">Robert Lichello</span>, inexpensively available from Amazon. The title is rather hokey and overstated, but it does present a method of actually, consistently, buying low and selling high, over time.<br /><br />I offer an inexpensive software program that implements the AIM algorithm. When you order, you will receive that and links to various resources pertaining to AIM. Here is the URL for the program: <a href="http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.php">Core Position Trading AIM Program</a>.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-2262807047604819422007-03-10T12:51:00.000-08:002010-01-13T23:22:07.107-08:00GTC Limit Orders with CPT / AIM<a style="" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhpZZIhbePJKFLezbj1hiuA6WEJuyS5hrU2xN_XdmAvcUiO6IgGEPhi_rKDQvSblmg4arnO5dzs6hlWVI0hIAK9aGcFiBxYLnUjrhmrBLMu1zRehCmVLZAqwdWHOE23ztvJvYoD-A/s1600-h/businessmoney.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 170px; height: 126px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhpZZIhbePJKFLezbj1hiuA6WEJuyS5hrU2xN_XdmAvcUiO6IgGEPhi_rKDQvSblmg4arnO5dzs6hlWVI0hIAK9aGcFiBxYLnUjrhmrBLMu1zRehCmVLZAqwdWHOE23ztvJvYoD-A/s200/businessmoney.jpg" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426492076394347522" border="0" /></a><br />With <span style="font-weight: bold;">AIM</span> (<span style="font-weight: bold;">Robert Lichello</span>'s <span style="font-weight: bold;">Automatic Investment Management</span>), we trade OPPOSITE the typical trader. When they buy, we are selling. When they sell, we are buying. As a stock price goes up, they are buying and we are eagerly selling to them. When the price goes down, we are eagerly buying from them.<br /><br />So, when we are selling, we sell on a price RISE. If the price reaches a certain point, we are willing to SELL. The <span style="font-weight: bold;">GTC LIMIT order to SELL</span> does that for us.<br /><br />Say a price is now at $10.00. A typical trader would perhaps have a <span style="font-weight: bold;">BUY STOP order</span> in for $10.50. We might have a <span style="font-weight: bold;">LIMIT SELL order</span> in for $10.50. At $10.50 (or slightly higher), he buys our shares from us.<br /><br />When we are buying, we are buying on DECLINING prices. If the price goes down to a certain point, we are willing to BUY. The <span style="font-weight: bold;">GTC LIMIT order to BUY</span> does that for us.<br /><br />Say a price is now at $10.00. A typical trader would perhaps have a <span style="font-weight: bold;">SELL STOP order</span> (aka "stop loss") in for $9.50. We might have a <span style="font-weight: bold;">LIMIT BUY order</span> in for $9.50. At $9.50 (or slightly lower) we willingly buy the shares from him that he is dumping in a panic.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-75667135358450114062007-03-10T12:33:00.000-08:002010-01-13T23:16:37.894-08:00Stop Orders and Limit Orders Clarified<a style="" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhET6p2qX0wB_WYQv9cE68lPy5wZiv7jhM0nVGElwvDTRAaENJi2qaPagu3n_aw8X4r4AfNAV7D2NecASrFin7X5UloAvjsV7yBU1T_-JNAjSx87WBncBHbBoVaIJ87z2FjPuFp6w/s1600-h/businessmoney.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 170px; height: 126px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhET6p2qX0wB_WYQv9cE68lPy5wZiv7jhM0nVGElwvDTRAaENJi2qaPagu3n_aw8X4r4AfNAV7D2NecASrFin7X5UloAvjsV7yBU1T_-JNAjSx87WBncBHbBoVaIJ87z2FjPuFp6w/s200/businessmoney.jpg" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426489675153629058" border="0" /></a><br />Most people are familiar with the <span style="font-weight: bold;">SELL STOP order</span> (that is also know as the "<span style="font-weight: bold;">stop loss order</span>"). When the price DECLINES and hits your <span style="font-weight: bold;">STOP price</span>, the order then becomes a <span style="font-weight: bold;">MARKET ORDER to SELL</span>. (That is why you often get a worse sell price than you may have expected.)<br /><br />You can also place a <span style="font-weight: bold;">SELL STOP LIMIT order</span>. That is where if the price hits the STOP, the order becomes a <span style="font-weight: bold;">LIMIT order</span>. You set that <span style="font-weight: bold;">LIMIT price</span> below the <span style="font-weight: bold;">STOP price</span>. So there is that range where the order will be executed -- if it is executed. If the price drops too far too fast, you will still have your stock. So if you were looking for a "<span style="font-weight: bold;">stop loss</span>" with a <span style="font-weight: bold;">SELL STOP LIMIT</span>, you could be S.O.L.<br /><br />Conversely with the <span style="font-weight: bold;">BUY STOP order</span>. When the price RISES and hits your STOP price, the order becomes a <span style="font-weight: bold;">MARKET ORDER to BUY</span>.<br /><br />Now, to prevent paying too much on a BUY (say you want in, but not at a ridiculously high price), you can put in a <span style="font-weight: bold;">BUY STOP LIMIT order</span>. You set the LIMIT part of the order at the maximum price you are willing to pay. So, if the price hits the STOP price, your order becomes a LIMIT order, where you may get a <span style="font-weight: bold;">BUY fill price</span> below your LIMIT price. If the price rises too far too fast, you may not get filled on your BUY order.<br /><br />The BUY STOP LIMIT order is frequently placed the night before as a <span style="font-weight: bold;">day order</span> when you want in, but if the opening price is too high, fuggedaboudit.<br /><br />Also note the SELL STOP order or SELL STOP LIMIT order can be used instead of a MARKET order to <span style="font-weight: bold;">initiate a SHORT position</span>. Then a BUY STOP order is a "stop loss" order if you are short and want/need to cover.<br /><br />------ Limit<br /><br />.10 typical<br /><br />------ Buy Stop<br /><br />.15 typical<br /><br />------ Ask<br />------ Bid<br /><br />.15 typical<br /><br />------ Sell Stop ("stop loss")<br /><br />.10 typical<br /><br />------ LimitUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-70565818241441836852007-03-05T21:29:00.000-08:002010-01-13T23:05:07.280-08:00AIM or Technical Analysis?<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqxRlMWzYiUNJ38SPtxtxRiKC6Hrt5bOEV-KXxzbSZKSNF4dpfr2DJRSOwhuR3uMgcXR3STn0Njyvk6W8shYn2edJ-AO7AGoeiITrYIWby1k3mKngSp8osc1ydMWwnmFxcOTKiyA/s1600-h/businessmoney.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 170px; height: 126px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqxRlMWzYiUNJ38SPtxtxRiKC6Hrt5bOEV-KXxzbSZKSNF4dpfr2DJRSOwhuR3uMgcXR3STn0Njyvk6W8shYn2edJ-AO7AGoeiITrYIWby1k3mKngSp8osc1ydMWwnmFxcOTKiyA/s200/businessmoney.jpg" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426487957370860818" border="0" /></a><br /><span style="font-weight: bold;">AIM</span> or TA (<span style="font-weight: bold;">Technical Analysis</span>)<br /><br />Some AIMers (users of <span style="font-weight: bold;">Robert Lichello</span>'s <a style="font-weight: bold;" href="http://www.amazon.com/gp/product/0451204417?ie=UTF8&tag=davibeansheal-20&link_code=as3&camp=211189&creative=373489&creativeASIN=0451204417">Automatic Investment Management</a> algorithm), while seeing the benefits of using <span style="font-weight: bold;">Good Until Canceled</span> (<span style="font-weight: bold;">Good till Canceled</span> - <span style="font-weight: bold;">GTC</span>) orders, often try to second guess what to do.<br /><br />If you as a trader hold off on putting in a <span style="font-weight: bold;">GTC order</span> to see what the market will do; that means you are trying to outguess the market.<br /><br />As I have mentioned before (sort of at least), frequently a GTC is just touched or exceeded by a few points, triggering the order.<br /><br />Here is a <span style="font-weight: bold;">BUY order</span> example of what I mean.<br /><br />If you didn't have the <span style="font-weight: bold;">GTC BUY LIMIT order</span> in, you would have to sit at the monitor, and when/if the price hit your target, you would then STILL have to decide at that point - do a <span style="font-weight: bold;">market order</span> (or a close limit), or wait and see if the price declines more. Now, if the price doesn't decline more, but turns around, you have missed the BUY.<br /><br />And, how far would you wait for the price to decline PAST your actual <span style="font-weight: bold;">target price</span> before you decide to act?<br /><br />Yes, I know, some have mentioned watching the price drop, then when it "shows signs" of turning around, then buy. At the hopefully, much lower price. But, remember, it could turn around at your target price, which would be missed, just as well as at some lower price. That is trying to play technical analysis (TA) which to me is WAG (wild ass guessing). (And believe me, I've tried that game.)<br /><br />My TA is now limited to shaving a few cents every now and then, as mentioned in my post of 2007-02-26. If I come up with the TA holy grail - I'll let you know (for a price, of course ;>) )<br /><br />So, which are you doing -- AIMing, or trying to outguess the market?Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-45649826755825843972007-03-05T21:16:00.000-08:002010-01-13T23:00:46.906-08:00Good Until Cancelled Orders (GTC) are a Good Thing<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj83h7bs7EpkRy1noAnnFCsexlABlQ6s4hzW5avYchRg6OKtORVlWrUAuFFI-0F00f1JhXGlgazEOWRap3LM8z3-qWgP6Ex0gNmG8UJwz9LdsrJIRRsdZ2tKUSZR-cMBM-bIIqfgg/s1600-h/businessmoney.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 170px; height: 126px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj83h7bs7EpkRy1noAnnFCsexlABlQ6s4hzW5avYchRg6OKtORVlWrUAuFFI-0F00f1JhXGlgazEOWRap3LM8z3-qWgP6Ex0gNmG8UJwz9LdsrJIRRsdZ2tKUSZR-cMBM-bIIqfgg/s200/businessmoney.jpg" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426486486225990898" border="0" /></a><br />An advantage of using <span style="font-weight: bold;">Robert Lichello</span>'s <span style="font-weight: bold;">Automatic Investment Management</span> (<span style="font-weight: bold;">AIM</span>) algorithm is that, when using <span style="font-weight: bold;">GTC LIMIT orders</span>, we often get a much BETTER price when the market opens than what we specified in our <span style="font-weight: bold;">limit orders</span>. OTH, typical traders with <span style="font-weight: bold;">STOP orders</span> in place often get WORSE prices (often much worse) than they specified.<br /><br />For example, I had a <span style="font-weight: bold;">limit BUY order</span> in for $26.53 for [a stock] since my last sell of it a week or so ago. This morning, at 09:30:33, I got filled for $26.18. Yesirree, that was a GOOD thing. Then the price was back up to $26.43 at the close of the day.<br /><br />Now, don't you pity the fool this morning with a <span style="font-weight: bold;">stop loss order</span> sitting at $26.53?Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-31896682860162039892007-02-26T21:15:00.000-08:002010-09-17T00:51:03.888-07:00Good Until Cancelled (GTC) Orders Psychological Price Points<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4hBnlqEbIeotHFezSJ6sWkyMhZrxdDQ7sWAPs9-8slnOJ-X-LN94aQWQXvx3FG-GXHpYFOoNUe-TkOb0Cce0GYLhu3YKx1i6SYnIw9ih_KwuaKEALF6dmlFRetanCjzBEvMJVoA/s1600-h/businessmoney.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 170px; height: 126px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4hBnlqEbIeotHFezSJ6sWkyMhZrxdDQ7sWAPs9-8slnOJ-X-LN94aQWQXvx3FG-GXHpYFOoNUe-TkOb0Cce0GYLhu3YKx1i6SYnIw9ih_KwuaKEALF6dmlFRetanCjzBEvMJVoA/s200/businessmoney.jpg" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426485526186689922" border="0" /></a><br />It is important to set your <span style="font-weight: bold;">AIM transaction</span> GTC buy and sell points at <span style="font-weight: bold;">psychological price points</span>, whenever possible.<br /><br />I use <span style="font-weight: bold;">AIM</span> (<a style="font-weight: bold;" href="http://www.bean-d.com/cpt/aim-basics.php">Automatic Investment Management</a>) to "force" me to buy low and sell high. Someone "forced" me this afternoon to sell him some PAAS at $31.84, my <span style="font-weight: bold;">GTC sell price</span>. I had that order in for some time. The price was just touched this afternoon, then backed off substantially. But my order was filled.<br /><br />If I had set the GTC at 31.85, a "nice round number", my order would not have been filled today. It might have not been filled until tomorrow, next week, next month, maybe never... Who knows?<br /><br />For SELLS, I suggest setting the price a cent or two below nickle and dime prices. For BUYS, a cent or two ABOVE nickle and dime prices.<br /><br />Frequently, the "even" nickle or dime price may be approached but not hit. The price you set a penny or two away may well be hit. Even on 100 shares, the penny you may "lose" by taking a price that is likely to be hit rather than waiting for the even nickel or dime or even a penny or two on the other side, amounts to only a buck or two.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-1146676323868548662006-05-03T10:09:00.000-07:002010-01-13T22:52:14.503-08:00AIMing with Puts and Calls<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjj8RDoil5vg4hC06F4az_ULO8dLpOP_v3EkxVh1VvOzKX4P4ScPu-b1NWRxS2SZWK8aTTa-axSsuipOnmYsTLvyalzwyxZh_UTZPN0k57cgboIgwNdCtrMncm52cSBu4usz84sSw/s1600-h/businessmoney.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 170px; height: 126px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjj8RDoil5vg4hC06F4az_ULO8dLpOP_v3EkxVh1VvOzKX4P4ScPu-b1NWRxS2SZWK8aTTa-axSsuipOnmYsTLvyalzwyxZh_UTZPN0k57cgboIgwNdCtrMncm52cSBu4usz84sSw/s200/businessmoney.jpg" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426484161076038754" border="0" /></a><br />There has been occasional mention of <span style="font-weight: bold;">selling Call options</span> against your <span style="font-weight: bold;">AIM</span> holdings. <span style="font-weight: bold;">Covered Calls</span> and other <span style="font-weight: bold;">option plays</span> against your <span style="font-weight: bold;">AIM holdings</span> can give you some <span style="font-weight: bold;">additional income</span>.<br /><br />E.g., if your next AIM <span style="font-weight: bold;">GTC Sell order</span> would be for 100 shares or more at a <span style="font-weight: bold;">strike price</span> that is now fairly close, above, the present stock price, might as well <span style="font-weight: bold;">sell a Call</span>, and <span style="font-weight: bold;">keep the premium</span>.<br /><br />If the stock doesn't reach the strike by the <span style="font-weight: bold;">option expiration date</span>, you got the premium and you keep the stock to sell another Call against it.<br /><br />If you are called (exercised) on, you still got the premium, and you get the price you want for the 100, 200, whatever shares you are called upon to sell.<br /><br />Other plays for when you are near a buy point.<br /><br />Sorry I don't have time to go into this, there are a lot of things to consider, but if interested, check out coveredcalls.com, generatethousands.com, and other sites.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-1125948551868331982005-09-05T12:17:00.000-07:002010-09-17T00:48:28.913-07:00What stocks/ETFs to AIM<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEipN06o3hIgSqRMya7SjY-O8K0493I3vuPmkJIIX4fV9zXh6lDmM4FCYbZNB6o-d1_HiAvwaEsFWYUi6e3YooVbMWhW-0TKuWTDyU1nR-cYL7Y-7pxGLYrrd_pE54a9DX2oNbrdhA/s1600-h/businessmoney.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 170px; height: 126px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEipN06o3hIgSqRMya7SjY-O8K0493I3vuPmkJIIX4fV9zXh6lDmM4FCYbZNB6o-d1_HiAvwaEsFWYUi6e3YooVbMWhW-0TKuWTDyU1nR-cYL7Y-7pxGLYrrd_pE54a9DX2oNbrdhA/s200/businessmoney.jpg" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426482185344030738" border="0" /></a><br />What <span style="font-weight: bold;">stocks</span>/<span style="font-weight: bold;">ETFs</span> to <span style="font-weight: bold;">AIM</span> in light of Peak Oil and Weather Wars (Hurricane Katrina)<br /><br />Originally posted on Tom Veale's iHub AIM forum<br /><a href="http://www.investorshub.com/boards/board.asp?board_id=949">http://www.investorshub.com/boards/board.asp?board_id=949</a><br /><br /><span style="font-weight: bold;font-size:130%;" >/// My Original Post -- 2005-09-04 ///</span><br /><br />"What to AIM for". Every so often we need to be and ARE reminded that we are skating on thin ice, and that it is cracking beneath our feet.<br /><br />If you think things are going to be A-OK if you just get YOUR choice of President and/or Congress installed, if you think that we can continue to overpopulate and strip resources bare, you need to WAKE up.<br /><br /><a href="http://www.lifeaftertheoilcrash.net/">http://www.lifeaftertheoilcrash.net/</a><br /><br />The war in Iraq *IS* for oil. "Democracy"? There (or here) -- Fuggedaboudit. Hurricanes can be steered. Katrina New Orleans was likely merely "collateral damage" in an effort to take out drilling and refining capacity. "Let the games begin?" They already have.<br /><br />Google "Peak Oil" and "Weather Wars".<br /><br />So think about what is in your AIM portfolio beyond the "latest and greatest" and the "kewlest" (coolest/hippest).<br /><br />In <span style="font-weight: bold;">Lichello</span>'s day, we could possibly be excused for thinking about <span style="font-weight: bold;">long-term investments</span>. Now? Possibly LD-AIM is more suitable for all? If not outright speculation.<br /><br />AIM for Stock/ETF Profits -- Buy/Sell Calculator Program<br /><a href="http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.php">http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.php</a><br />Regards, DB<br /><br /><span style="font-weight: bold;font-size:130%;" >/// Response from RetireOnCSCO -- 2005-09-04 ///</span><br /><br /><span style="color: rgb(0, 153, 0);">>> The war in Iraq *IS* for oil.</span><br /><br />Maybe not for oil, but certainly not for Democracy. It was payback for 9/11, lets be real.<br /><br /><span style="color: rgb(0, 153, 0);">>> Hurricanes can be steered</span><br /><br />Now this is very amusing! You have lead me to a great series of websites that reminds me of the X-Files. All Government conspericies [sic] and all.<br /><br />You are actually suggesting that the Government of the US steered Katrina into New Orleans to kill 100's of people, cause Billions of $ damage, for what? Who's going to help the Feds pay for all the $ they will now POUR INTO that area? I can see a business burning down buildings for insurance, but not this!<br /><br />I have worked with some of the Governments's [sic] top people, and trust me, they aren't that organized to pull something like this off.<br /><br />Also, why is it that cool (seemingly imposible [sic]) ideas like steering a hurricane wouldn't be used for good? Just like the X-Files, these outragous [sic] ideas are always behind some govertment [sic] plot.<br /><br />What I don't understand about the link I found to Tom Bearden, is why startup companies (like Ballard Power in Canada) wouldn't jump on the idea of 'free' power?<br /><br />Very amuzing.<br />John<br /><br /><span style="font-weight: bold;font-size:130%;" >/// My response to RetireOnCSCO -- 2005-09-04</span><br /><br />RetireOnCSCO: There are three types of people: There are those that 1) make things happen, 2) are aware of things happening, and 3) are NOT of aware of what's happening. I am in category 2). You, with all due respect, seem to be in category 3).<br /><br /><span style="font-style: italic; font-weight: bold; color: rgb(0, 153, 0);">It was payback for 9/11, lets be real.</span><br />Simply wrong. If you accept the official government line as to the plane highjackers, "we" should have bombed/invaded Egypt and/or Saudi Arabia and/or Iran instead of Iraq. Maybe even Russia or China.<br /><br />Now, if you want to get into conspiracies, it is quite possible 9/11 was financed and/or allowed to happen by "black ops" U.S. government. That doesn't mean a puppet like "Bush the Younger" necessarily knows what's going on.<br /><br /><span style="font-style: italic; font-weight: bold; color: rgb(0, 153, 0);">Hurricanes can be steered</span><br />I doubt you are a meteorologist. I am not one. Several "real life" meteorologists and other scientists say it <span style="font-weight: bold;">IS</span> possible.<br /><br />I didn't say it was the U.S. government. I did mention "Weather <span style="font-weight: bold;">Wars</span>". But it is not impossible that the U.S. government <span style="font-weight: bold;">did</span> do it. Disasters, after all, are a great excuse for governments to step in and "save" us, necessitating more control (exercise of power).<br /><br /><span style="font-weight: bold; font-style: italic; color: rgb(0, 153, 0);">Who's going to help the Feds pay for all the $$$ they will now POUR INTO that area?</span><br /><span style="font-weight: bold;">YOU</span> will. Few people, including likely yourself, realize that this world now runs on fiat and credit, not "money". <span style="font-weight: bold;">YOU</span> will pay with higher prices, not only on gasoline, but everything else dependent on petroleum. Your (and all the uncontrolled breeders') consumption <span style="font-weight: bold;">has</span> to be curtailed.<br />(You could also Google "fiat money", "credit money", etc., and also the section in the link of the original post about how the banking credit system we have has for about 500 years has become <span style="font-weight: bold;">energy</span> (petroleum) dependent.)<br /><br /><span style="font-weight: bold; font-style: italic; color: rgb(0, 153, 0);">I have worked with some of the Governments's [sic] top people, and trust me, they aren't that organized to pull something like this off.</span><br />Depends on what area of government. The hidden arms don't have to worry about P.R., re-election, and publicly scrutinized funding.<br /><br /><span style="font-weight: bold; font-style: italic; color: rgb(0, 153, 0);">Also, why is it that cool (seemingly imposible [sic]) ideas like steering a hurricane wouldn't be used for good? Just like the X-Files, these outragous [sic] ideas are always behind some govertment [sic] plot</span><br />Let's see, those who take the trouble to get hold of power are doing it for <span style="font-weight: bold;">YOUR</span> good, right? How naive.<br /><br /><span style="font-weight: bold; font-style: italic; color: rgb(0, 153, 0);">...why startup companies (like Ballard Power in Canada) wouldn't jump on the idea of 'free' power?</span><br /><span style="font-weight: bold;">IF</span> it exists, maybe it's just that they are not 'authorized.' I doubt the 'free power' bit myself. If it exists, where is the toy as a demo, or the home kit (like kit airplanes, home solar stills, etc.)?<br /><br />The miracle energy source is the last refuge of the sleeping sheep -- "well, I don't believe that there is an oil problem, but if there is, then hamster treadmills and 'zero-point' energy will save us." Even if feasible, there is the problem of switching the infrastructure.<br /><br /><span style="font-weight: bold;">Ballard (BLDP)</span> has been headed for the dumpster for years. I had if for awhile and dumped it. It is in the fuel cell business. Hydrogen "power" is going nowhere. Ballard is kept alive only by subsidy. <span style="font-weight: bold;">ENERGY</span> is needed to make (electrolyze the water) the hydrogen needed to run the fuel cells. (You can also Google that. Also check out <a href="http://www.dieoff.org/">Brain Food</a>.)<br /><br /><span style="color: rgb(204, 51, 204);">A guy falls off the top floor of a skyscraper. As he passes an open window on the 4th floor, someone inside hears him saying to himself "Hey, no problem so far."</span>Unknownnoreply@blogger.com4tag:blogger.com,1999:blog-9898477.post-1120898149681506392005-07-09T01:24:00.000-07:002010-09-17T00:45:04.433-07:00AIM Calculator Price Range Calculation Feature for Percentage Price Move<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiAhyMRTbBucpaANwStUVEywGiMpdiq-VQ5G6728P8IeaHDH0nwepXxX5Q7Gl6IAtlD0KASO6O7YN0fBzcFb0U-i3EVqxYtaf2de4IK6LZUe8s_X_spKhSslPuMuAjp6_wA3BmwGQ/s1600-h/aim_rangecalcex.gif"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 200px; height: 140px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiAhyMRTbBucpaANwStUVEywGiMpdiq-VQ5G6728P8IeaHDH0nwepXxX5Q7Gl6IAtlD0KASO6O7YN0fBzcFb0U-i3EVqxYtaf2de4IK6LZUe8s_X_spKhSslPuMuAjp6_wA3BmwGQ/s200/aim_rangecalcex.gif" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426480548557723330" border="0" /></a><br />The <span style="font-weight: bold;">AIM</span> <span style="font-weight: bold;">Price Range</span> Calculation feature allows you to determine the <span style="font-weight: bold;">transaction prices</span> required for a given desired percentage price move and for a given desired incremental dollar difference.<br /><br />The calculator just calculates the next BUYs and SELLs for individual prices or for a range of prices. For record keeping, I just use a spreadsheet.<br /><br />From the last line of the spreadsheet I enter into the calculator, manually, the stock symbol (optional), the present quantity held, the <span style="font-weight: bold;">Portfolio Control</span> (PoCo), and the cash held (optional). The cash held entry is used only when setting the minimum order as a percentage of the total account value -- the <span style="font-weight: bold;">stock value</span> plus the cash.<br /><br />Also, from the spreadsheet I enter in the NET price of the last transaction. That last transaction could, naturally, be either a BUY or a SELL.<br /><br />Refer to screenshot<br /><a href="http://www.bean-d.com/cpt/graphics/aim_rangecalcex.gif">http://www.bean-d.com/cpt/graphics/aim_rangecalcex.gif</a><br /><br />And a range calculation printout sample at<br /><a href="http://www.bean-d.com/cpt/detail/aim_rangecalcex.txt">http://www.bean-d.com/cpt/detail/aim_rangecalcex.txt</a><br /><br />You will notice on the screenshot and the printout that, for this example, I have set the min BUY order for 5% of PoCo and the min SELL order for a fixed $125.00.<br /><br />Given those entries, along with the SAFE settings, the minimum SELL price AIM will allow in this example is $7.32. This is shown right above the "No Transaction Zone" (aka the "Hold Zone") legend in the printout. The quantity to sell is 19. While the transaction price would be $7.32, the NET price you would get, considering a commission of $10.01, would be $6.793158. These values are all on the $7.32 transaction price row.<br /><br />In the example, the previous NET price entered is $6.25. The percent NET price difference is then 8.69% and is shown in the next to last column of the $7.32 transaction price row.<br /><br />The NET DOLLAR difference of $10.32 is shown in the last column of the row. (($6.793158 - $6.25) * 19 shares).<br /><br />That $10.32 COULD be a profit or not. That depends on whether the last transaction was a BUY or a previous SELL.<br /><br />By the way, I would not myself take that $7.32 transaction price transaction in this example. I would scan up the last two columns for the first transaction that meets both my personal percentage and dollar criteria.<br /><br />Arbitrarily, for this example, if you wanted 10% that would mean a transaction price of at least $7.37 would be required. And if you wanted at least a $50 NET DOLLAR difference, that would require a transaction price of at least $7.79.<br /><br />NOTE: You can enter in ANY price you want for the last <span style="font-weight: bold;">NET price</span>. So you could enter in the NET price for some transaction other than the very last one. That does NOT affect the Next BUY or Next SELL calculations based on the quantity held and PoCo. It WILL effect, naturally, the last two columns.<br /><br />This FAQ is also at<br /><a href="http://www.bean-d.com/cpt/aim-stock-price-range-calculation.php">http://www.bean-d.com/cpt/aim-stock-price-range-calculation.php</a><br /><br />More AIM articles are at<br /><a href="http://www.bean-d.com/cpt/index.php">http://www.bean-d.com/cpt/index.php</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-1120679064840853662005-07-06T12:40:00.000-07:002010-01-13T22:31:48.162-08:00AIM and Put Options<a style="" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1BvqggzI81j5fWJsQ2IVApV-MvecOT18e1VGnutOeYZwFFRz96vToW58W8bsX3j-HyqZYtBHoxiz6MuO0cildLKC6y0cuYPkh1D-XBNjSG-FdPwcxxd1bs-QU6ghI7mifnSFq9Q/s1600-h/businessmoney.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 170px; height: 126px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1BvqggzI81j5fWJsQ2IVApV-MvecOT18e1VGnutOeYZwFFRz96vToW58W8bsX3j-HyqZYtBHoxiz6MuO0cildLKC6y0cuYPkh1D-XBNjSG-FdPwcxxd1bs-QU6ghI7mifnSFq9Q/s200/businessmoney.jpg" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426479125323745298" border="0" /></a><br /><span style="font-weight: bold;">AIM</span> and <span style="font-weight: bold;">Puts</span> -- For years I have heard of "protecting your stock position with Puts (<span style="font-weight: bold;">put options</span>)".<br /><br />There are probably "millions" of books about options, but I came across "How to Make Money Trading Listed Puts" by Lin Tso. Dates from 1978 and only a few copies available used on Amazon. It's an excellent book with lots of examples, from just buying Puts to doing <span style="font-weight: bold;">Put spreads</span>.<br /><br /><a href="http://www.amazon.com/exec/obidos/ASIN/0811902951/davibeansheal-20" target="_blank">How to Make Money Trading Listed Puts, by Lin Tso</a> takes you to the Amazon info page.<br /><br /><b>A point of interest, p. 42:<br />"Trading for Down Fluctuations<br />Under the protective umbrella of a put option, one can play down fluctuations of the underlying stock.<br />This trading technique involves making a number of short-term transactions through buying the stock on dips and then selling the stock out on rallies. There is no limit to the number of trades that can be made against a particular put during the life of the option."</b><br /><br />I don't know if Puts would be cost effective with standard AIM, as all or most of the $50 to $500 or so that a Put costs will usually disappear, so you have to make that amount and more on your AIM buys and sells during the life of the Put.<br /><br />So, one of the more aggressive forms of AIM, like LD-AIM or ?? would be more suitable, if any at all are.<br /><br />The Put would possibly solve one problem -- running out of cash for AIM Buys as the <span style="font-weight: bold;">stock declines</span>, as the Put would generate some on the stock price decline<br /><br />And, again, <span style="font-weight: bold;">volatility</span> in the stock is needed, so that the AIM Buys and Sells within a range would offset the Put expiring worthless if the stock doesn't decline, or even rises.<br /><br />Off the top of my head. Comments? Anyone played this?Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-1111905033469125182005-03-26T22:26:00.000-08:002010-09-17T00:37:31.213-07:00AIM Stock/ETF Fixed Commission Transaction Calculator v7.2<a style="" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4Wvts7YFdSjC5-17C0lWkmLvNoYJePBCOliKorJRgE5qhTuz8EoIL6mVAzgivoGXepLlKRzHc17BEljoklWpdz562Uq-ocqPF1mmPB-nst05-kgdGOujTFAlOFRmSiDCWtbIl-Q/s1600-h/aim_nextsell.gif"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 200px; height: 140px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4Wvts7YFdSjC5-17C0lWkmLvNoYJePBCOliKorJRgE5qhTuz8EoIL6mVAzgivoGXepLlKRzHc17BEljoklWpdz562Uq-ocqPF1mmPB-nst05-kgdGOujTFAlOFRmSiDCWtbIl-Q/s200/aim_nextsell.gif" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426477594676636306" border="0" /></a><br />The <span style="font-weight: bold;">AIM</span> <span style="font-weight: bold;">Stock</span>/<span style="font-weight: bold;">ETF</span> <span style="font-weight: bold;">Fixed Commission Transaction</span> Calculator v7.2 is now available.<br /><br />In addition to the minor changes in v7.1 (see a previous post below),<br />a NET % and $ Difference pop-up display related to the current potential <span style="font-weight: bold;">Transaction Price</span> can now be toggled on the main screen.<br />This is in addition to the previous function of showing this information<br />for a RANGE of prices in the Price Range Calculation.<br /><br />This is a text version of a typical popup you will see:<br /><br /><span style="font-family:arial;"> The proposed SELL Price of $3.080000</span><br /><span style="font-family:arial;"> corresponds to a NET Price of $2.982639</span><br /><span style="font-family:arial;"> The Previous NET Price entered is $3.771250</span><br /><br /><span style="font-family:arial;"> That is a NET Price difference of $-.788611</span><br /><span style="font-family:arial;"> or -20.91%</span><br /><br /><span style="font-family:arial;"> The NET $ difference, based on 72 shares</span><br /><span style="font-family:arial;"> is then $-56.77</span><br /><br />You may also see some additional text if, as in this case, the<br />transaction is definitely not recommended:<br /><br /><span style="font-family:arial;"> NOT a recommended SELL transaction --</span><br /><span style="font-family:arial;"> (A Sell, with % and $ NET Differences less than zero)</span><br /><br />AIM program and contact information at:<br /><a href="http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.php">AIM Stock/ETF Buy Low Sell High Transaction Calculator</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-1111652202056850822005-03-23T23:58:00.000-08:002010-09-17T00:35:30.775-07:00What a Difference $1 Makes<a style="" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiHc-RnHzzzC9P90Sj6D44n3eCG-RS6qn9tMbNkarRmrOskWUMJDkclcQMiuzwf_l5M_GcPp3Q9aKIYYK9wQkL6npta3k1xMGsre10TZqSOTLYArnbmRBI_2oJxn7SLAUGObY8-wA/s1600-h/aim_nextsell.gif"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 200px; height: 140px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiHc-RnHzzzC9P90Sj6D44n3eCG-RS6qn9tMbNkarRmrOskWUMJDkclcQMiuzwf_l5M_GcPp3Q9aKIYYK9wQkL6npta3k1xMGsre10TZqSOTLYArnbmRBI_2oJxn7SLAUGObY8-wA/s200/aim_nextsell.gif" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426476495962088162" border="0" /></a><br />A spreadsheet of <span style="font-weight: bold;">Robert Lichello</span>'s "classic" 10-8-5-4-5-8-10 cycle can be downloaded through the link on the page <a href="http://www.bean-d.com/cpt/aim-btb-spreadsheets.php">AIM by-the-book classic buy low sell high spreadsheet study</a>.<br /><br />A modification using 10-7-5-4-5-7-10 gives nearly 50% better results over the same number of transactions, but at the expense of increased volatility and requiring ponying up additional cash during each cycle. (A "cash/total value" ratio of -4.55% near the end -- requires $27,339 to be added to a $600,821 account. The ending value, OTH, is +13.54% -- is +$196,399 cash in a $1,450,649 account.)<br /><br />For a copy of the 10-7-5-4-5-7-10 spreadsheet, contact me through a contact link on one of my pages at <a href="http://www.bean-d.com/cpt/">AIM Core Position Trading</a>.<br />Include "<span style="font-weight: bold;">AIM</span> spreadsheet" in your e-mail subject line.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-1111650885321561172005-03-23T23:44:00.000-08:002010-09-17T00:32:57.463-07:00AIM Stock/ETF Fixed Commission Transaction Calculator v7.1<a style="" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj__Pb2M2X6SYfWK5vcS4HrngQAXD826k5UuGKSvnsaurNUPnHZU9vergl9JsnmF9Q4I4PerSzU9hXW7tWX8saCFRgrPizwqYLsJ5L0wQVm0v2UJNAF1oRn9lj2OG_rNeuXo903Lw/s1600-h/aim_nextsell.gif"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 200px; height: 140px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj__Pb2M2X6SYfWK5vcS4HrngQAXD826k5UuGKSvnsaurNUPnHZU9vergl9JsnmF9Q4I4PerSzU9hXW7tWX8saCFRgrPizwqYLsJ5L0wQVm0v2UJNAF1oRn9lj2OG_rNeuXo903Lw/s200/aim_nextsell.gif" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426474792726543010" border="0" /></a><br />The <span style="font-weight: bold;">AIM</span> Stock/ETF Fixed Commission Transaction Calculator v7.1 is now available.<br />This adds support for:<br />1) Larger transaction amounts and related values, such as PoCo, to 6 digits.<br />2) Additional paths to WordPad.<br />3) Some minor cosmetic changes.<br /><br />Program and contact information at:<br /><a href="http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.htm">http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.php</a><br />http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.phpUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-1111100326781574662005-03-17T14:54:00.000-08:002010-01-13T22:10:55.533-08:00Any WordPad Problems with Your AIM Stock/ETF Buy/Sell Calculator Program?<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5E3858TeaQ9SfUgNhzrkFlfmb8spL2zO-8h_uRTFbQpDRh_NIpZ8BF3V7hEkR2XA7vcsSuO-aTkGD1m8tIlyT1JPPWux2MsvSkB4jJOue5r1u0P31-bIjbBmwqZ-qL3EmxAtI1A/s1600-h/aim_nextsell.gif"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 200px; height: 140px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5E3858TeaQ9SfUgNhzrkFlfmb8spL2zO-8h_uRTFbQpDRh_NIpZ8BF3V7hEkR2XA7vcsSuO-aTkGD1m8tIlyT1JPPWux2MsvSkB4jJOue5r1u0P31-bIjbBmwqZ-qL3EmxAtI1A/s200/aim_nextsell.gif" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426473847138782674" border="0" /></a><br />I know of at least one instance where after doing a Price Range calculation, and you click on "Yes" to display the resulting list file (PriceLst.dat) in WordPad, nothing happens.<br /><br />The file IS there; while not accessed automatically, it can still be accessed manually in WordPad or some other editor. But the convenience is lost. If this has been a problem, here is what you need to know.<br /><br />First, questions for you to answer:<br /><br />1) Do you have WordPad on your system?<br />2) Is it installed?<br />3) Where is it?<br /><br />1) Do you have WordPad on your system?<br />WordPad is a standard application with Windows. Use the Taskbar Start Search function to search for "WordPad".<br />If you see in your Search Results file names like WORDPAD.EX_ (several files with a "_" as the last character of the file name extension), you have WordPad on your system.<br /><br />2) Is it installed?<br />The next question is, is it installed? If so, you should see in your Search Results several WordPad file names with full 3-character file name extensions. These include EXE, CNT, FTG, FTS, GID, HLP, INF, and INI.<br /><br />3) Where is it?<br />If installed, note the drive and directory where all the files named in step 2) are found.<br /><br />Solving the Problem:<br /><br />If you find files in 1) above but not in 2), then you have WordPad but it isn't installed. Do the Windows bit -- "Control Panel | Add or Remove Programs | Add/Remove Windows Components" -- and see if you can install it there. If that doesn't work, forget trying to get help from BillyBoy Microsucks Gates, just contact me (see below) and I'll send you a zip file with WordPad files in it.<br /><br />The AIM calculator program v7.0 and prior looks for WordPad in the directory<br />"Program Files\Accessories" IN THE DRIVE FROM WHICH YOU ARE RUNNING THE CALCULATOR<br /><br />Make sure there is a directory "Program Files\Accessories" in the drive from which you are running the calculator. If you are running from the C: drive, there may or may not be. If you are running from some other drive, there most likely WON'T be.<br /><br />If necessary, create a directory and subdirectory "Program Files\Accessories" in the drive from which you are running the calculator. (Note that there is one space in "Program Files".)<br /><br />If you have an installed version (file names have full 3-character file name extensions) of WordPad in some other drive/directory, COPY (don't MOVE) all those WordPad files to the "Program Files\Accessories" directory in the drive from which you are running the calculator.<br /><br />If you had to get the files (zipped) from me, put the zip file in that directory and unzip it there. Run WordPad once from Windows Explorer that directory after unzipping it to see if it works. (If by chance it doesn't, contact me). Assuming it does work, then run the calculator program, doing a Price Range Calculation, and see if it works then. I'll assume it does, but if not, contact me.<br /><br />To contact me, go to<br />http://www.bean-d.com/cpt/<br /><a href="http://www.bean-d.com/cpt/">http://www.bean-d.com/cpt/</a><br />and click on "Contact" near the bottom of the page. Make your e-mail subject line "AIM and WordPad:Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-1109234663533034402005-02-24T00:36:00.000-08:002010-09-17T00:29:36.992-07:00AIM Stock/ETF Buy/Sell Transaction Calculator Updated<a style="" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiu2dfiyFHurrqIMzcr23jyFT4Fe41_0o_UKQITyTwyM4iT9eYhkmb5w3i5FTrjAOrylx6Hon0qZTHzeulr0yMFErE8oYm83A3tmD7btsK6wXjekbRqAM0uaZTwkTZ-pU0uMGOCw/s1600-h/aim_nextsell.gif"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 200px; height: 140px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhiu2dfiyFHurrqIMzcr23jyFT4Fe41_0o_UKQITyTwyM4iT9eYhkmb5w3i5FTrjAOrylx6Hon0qZTHzeulr0yMFErE8oYm83A3tmD7btsK6wXjekbRqAM0uaZTwkTZ-pU0uMGOCw/s200/aim_nextsell.gif" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426471560747346306" border="0" /></a><br />The <span style="font-weight: bold;">AIM</span> <span style="font-weight: bold;">Stock</span>/<span style="font-weight: bold;">ETF</span> Buy/Sell Fixed Commission Transaction Calculator Program has been updated to v7.0.<br /><br />A major new feature that has been added is the ability to calculate the minimum possible AIM buy or<span style="font-weight: bold;"> sell transaction</span> based on either a fixed dollar amount, a percentage of <span style="font-weight: bold;">Portfolio Control</span>, a percentage of the <span style="font-weight: bold;">Stock Value</span>, or on a percentage of the Total <span style="font-weight: bold;">Account Value</span>.<br /><br />(<span style="font-weight: bold;">Core Position Trading</span> (<span style="font-weight: bold;">CPT</span>) includes the AIM method <span style="font-weight: bold;">(Automatic Investment Management</span>).<br /><br />For details of the updated AIM calculator software program, see<br />http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.htm<br /><a href="http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.php">http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.php</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-1105575216058587102005-01-12T16:08:00.000-08:002010-09-17T00:08:04.548-07:00Effect of Commissions on Next AIM Buy Price and Amount<a style="" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibooXDdzOcfbhMjK9BzeX08qoQbmk_sGq3KtG8x-SGlcqb9NOOYG90qm_X98COpgXZ_lvgIboKedwaS9cE7S79goSQrwt3zXgk8csyxTCkpd3JoHI_-zpavfBBvelEeLE4TqhNOw/s1600-h/aim_nextsell.gif"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 200px; height: 140px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEibooXDdzOcfbhMjK9BzeX08qoQbmk_sGq3KtG8x-SGlcqb9NOOYG90qm_X98COpgXZ_lvgIboKedwaS9cE7S79goSQrwt3zXgk8csyxTCkpd3JoHI_-zpavfBBvelEeLE4TqhNOw/s200/aim_nextsell.gif" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426465732247644450" border="0" /></a><br />(Next SELL calculation results are similar, in the opposite direction.)<br /><br />All calculations were made using the <a href="http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.php">AIM Stock/ETF Buy/Sell Calculator Program</a>.<br /><br />Note that while these are the "first possible" transactions given the parameters specified, you may want to wait for a larger move from your last transaction and/or NET price.<br /><br />======================<br />Blogger is not preserving the format of the <span style="font-weight: bold;">AIM</span> transaction calculation below, so see the FAQ at <a href="http://www.bean-d.com/cpt/aim-stock-commission-effect.php">Effect of Commissions on Next AIM Stock/ETF Transaction Buy Prices and Amounts</a>.<br /><br />======================<br />Minimum Order: $120.00<br />Shares Held: 500<br />PoCo: $4000.00<br />SAFEs: 10%<br /><br />Buy and Sell Commissions: $0 ("classic" or by-the-book [BTB] AIM)<br /><br />Exact: Buy 17.38 shares at $7.05 (net price $7.05000)<br /><br />Rounded: Buy 17 shares at $7.05 (net price $7.05000) <<-- Buy and Sell Commissions: $7.00 Exact: Buy 16.67 shares at $7.06 (net price $7.47988) Rounded: Buy 17 shares at $7.06 (net price $7.47176) Buy and Sell Commissions: $12.00 Exact: Buy 15.94 shares at $7.07 (net price $7.82280) Rounded: Buy 16 shares at $7.07 (net price $7.82000) <<-- Notice that while the transaction price difference between $0 and $12.00 commissions is only $0.02, the NET difference is $0.77 (11%). ====================== Minimum Order: $250.00 Shares Held: 500 PoCo: $4000.00 SAFEs: 10% Buy and Sell Commissions: $0 ("classic" or by-the-book [BTB] AIM) Exact: Buy 37.37 shares at $6.81 (net price $6.81000) Rounded: Buy 37 shares at $6.81 (net price $6.81000) <<-- Buy and Sell Commissions: $7.00 Exact: Buy 35.75 shares at $6.83 (net price $7.02578) Rounded: Buy 36 shares at $6.83 (net price $7.02444) Buy and Sell Commissions: $12.00 Exact: Buy 34.97 shares at $6.84 (net price $7.18314) Rounded: Buy 35 shares at $6.84 (net price $7.18286) <<-- Notice that while the transaction price difference between $0 and $12.00 commissions is only $0.03, the NET difference is $0.37 (5%). ====================== Blogger is not preserving the format of the AIM transaction calculation above, so see the FAQ at <a href="http://www.bean-d.com/cpt/aim-stock-commission-effect.php">Effect of Commissions on Next AIM Stock/ETF Transaction Buy Prices and Amounts</a>.<br /><br />Other related articles are at the <a href="http://www.bean-d.com/cpt/index.php">AIM Stock/ETF Trading Articles</a>.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-1105352456754976552005-01-10T02:09:00.000-08:002010-09-17T00:26:14.697-07:00AIM Calculator Commission Default Settings<a style="" onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhtVk7P6r2BmBwysWH9uN0Cfvr9KUtKro1yM0FRGCaqVWV5L_e9wrE65xKIbKAY8BxTynIH1HQGx9PMxdxQWwdqEp2lxFiVfUP2bq5LAHmmSkMHWIzt8bfGyUxtdg9JLhbzj9XzvA/s1600-h/aim_nextsell.gif"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 200px; height: 140px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhtVk7P6r2BmBwysWH9uN0Cfvr9KUtKro1yM0FRGCaqVWV5L_e9wrE65xKIbKAY8BxTynIH1HQGx9PMxdxQWwdqEp2lxFiVfUP2bq5LAHmmSkMHWIzt8bfGyUxtdg9JLhbzj9XzvA/s200/aim_nextsell.gif" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426463599523805730" border="0" /></a><br />I noticed a $5.00 difference in the transaction cost of a stock BUY transaction the other day.<br /><br />Good news, I was pleasantly surprised to see that Scottrade has reduced their <span style="font-weight: bold;">LIMIT ORDER</span> commissions to $7.00, to the same rate as their <span style="font-weight: bold;">MARKET ORDER</span> commissions.<br /><br />With <span style="font-weight: bold;">AIM</span>, I am concerned with the NET <span style="font-weight: bold;">transaction price</span> per share, not just the order price.<br /><br /><a href="http://www.bean-d.com/cpt/aim-commissions.php">AIM Fixed Commission Handling</a>.<br /><br />So this is good news.<br /><br />I'm changing the default commissions of my AIM <span style="font-weight: bold;">Stock/ETF Transaction Calculator</span> from $12.00 to $7.00. Make sure your defaults are whatever your broker charges for limit orders.<br /><br />(This is assuming you pre-calculate your buy and sell orders and put in <span style="font-weight: bold;">GTC LIMIT ORDERS </span>with your broker to sell some when the stock rises to your limit price, or to buy some when the stock declines to your limit price.)<br /><br />BTW, I add a few pennies to the sell commission, as an estimate of what the transaction tax amounts to.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-1104656537394633612005-01-02T01:59:00.000-08:002010-01-13T21:16:40.320-08:00Hello -- Introduction<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivkU4KKFT6MBQGgnunFSv1nWCl2y0F4OQ_zddZ5cZYkm1hCrDyvBLpQWfTjmfeQzVLpM3dIdkpspsad99yZfkpsPkC2yreBqqEUkDLJB237ZomIkZhZ0UI2-gYqjLArNZuHOsOXA/s1600-h/manwithbagsofmoney.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 166px; height: 170px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEivkU4KKFT6MBQGgnunFSv1nWCl2y0F4OQ_zddZ5cZYkm1hCrDyvBLpQWfTjmfeQzVLpM3dIdkpspsad99yZfkpsPkC2yreBqqEUkDLJB237ZomIkZhZ0UI2-gYqjLArNZuHOsOXA/s200/manwithbagsofmoney.jpg" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426459843846260514" border="0" /></a><br />This blog will have notes and posts from me and users about the investing method described at <a href="http://www.bean-d.com/cpt/">Core Position Trading Overview</a>.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-9898477.post-83322534879245113272005-01-01T22:30:00.000-08:002010-01-13T21:10:17.427-08:00About Buy Low Sell High with Core Position Trading (CPT)<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhH0GXoQhjVFPlMkL7ZWcY_az7vtX8Z-CaG5SrXbrib8EQaJD1cu4u2B4vn3HtYL0oaFR_xmnuheA0Xl5UEJkbsXeGRYgJMeATdWTzebSs-iRHYJrPTx6ppmA1haWp9ISWqd-JYEA/s1600-h/manwithbagsofmoney.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 166px; height: 170px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhH0GXoQhjVFPlMkL7ZWcY_az7vtX8Z-CaG5SrXbrib8EQaJD1cu4u2B4vn3HtYL0oaFR_xmnuheA0Xl5UEJkbsXeGRYgJMeATdWTzebSs-iRHYJrPTx6ppmA1haWp9ISWqd-JYEA/s200/manwithbagsofmoney.jpg" alt="core position trading,cpt,aim,automatic asset allocation,automatic investment management,Lichello,Robert Lichello,buy low sell high,stocks,stock market,exchange traded funds,etfs" id="BLOGGER_PHOTO_ID_5426454147028094962" border="0" /></a><br /><span style="font-weight: bold;">Core Position Trading</span> (<span style="font-weight: bold;">CPT</span>) as defined here is the buying and selling of increments of a <span style="font-weight: bold;">stock</span>, <span style="font-weight: bold;">ETF</span>, <span style="font-weight: bold;">mutual fund</span>, <span style="font-weight: bold;">precious metals</span> holding, whatever, with the object of increasing over time both the amount of the item and the amount of cash in the account dedicated to that item.<br /><br />CPT is not an "all-or-nothing" method. Usually, a core position of the item is maintained at all times, and the buys and sells are usually of small amounts relative to the total holdings of the account.<br /><br /><span style="font-weight: bold;">Automatic Investment Management</span> (<span style="font-weight: bold;">AIM</span>) is a CPT method popularized by <span style="font-weight: bold;">Robert Lichello</span>.<br /><br />His book <a href="http://www.amazon.com/dp/0451204417?tag=davibeansheal-20&link_code=as3&creativeASIN=0451204417&creative=373489&camp=211189"><span style="font-weight: bold; font-style: italic;">How to Make $1,000,000 in the Stock Market Automatically!</span></a> was first published in 1977 and is now in its Fourth Revised Edition (December 2001). It's available on Amazon.com for about $8.00. [2009-06-20]<br /><br />Don't let the "hokey" title put you off. It details his intriguing method of "forcing" you to "<span style="font-weight: bold;">buy low sell high</span>".<br /><br />This blog and resources discuss the finer points of Core Position Trading, and especially of AIM as discussed and used by me and others.Unknownnoreply@blogger.comtag:blogger.com,1999:blog-9898477.post-19245402459653679802005-01-01T21:49:00.000-08:002009-11-21T18:30:30.578-08:00Contact Buy Low Sell High with Core Position Trading (CPT)To send me an e-mail message, click on the link below.<br /><br /><a href="mailto:contact-gblop@bean-d.com">contact-gblop@bean-d.com</a><br /><br />As an anti-spam measure, when your e-mailing program starts after clicking the link, <span style="font-weight: bold; color: rgb(255, 0, 0);">replace</span> all instances of <span style="font-weight: bold; color: rgb(255, 0, 0);">"p"</span> in the "To:" address with <span style="font-weight: bold; color: rgb(255, 0, 0);">"g"</span>. Continue with a meaningful subject and message.<br /><br />Thanks for your interest; I'll be in touch soon.<br />DB<br /><br /><div style="text-align: center;"><span style="font-weight: bold; color: rgb(255, 0, 0);">*** IMPORTANT ***</span><br /></div><div style="text-align: center;"><span style="font-weight: bold;">About Your E-Mail "Subject" Line</span><br /></div><ul><li>As part of your "Subject" line, include the words "<a href="http://beand-cpt.blogspot.com/">Buy Low Sell High CPT</a>" along with whatever else you want to include. That will assure both my prompt attention and eliminate the possibility of your message ending up in the TRASH.<br /><br /></li><li>Do NOT leave the "Subject" line blank. ALL messages with blank "Subject" lines are automatically, immediately sent to the TRASH without being opened.<br /><br /></li><li>Do NOT use some "cutesy" or non-specific "Subject" line wording like "hi" or "whazzup". Use a straightforward descriptive "Subject" line.<br /><br /></li><li>Do NOT use SPAM type words like "Free", "Credit", "Opportunity", etc., in the "Subject" line.<br /><br /></li><li>If you have sent a legitimate message and I don't respond, try again with a new, SPECIFIC, "Subject" line. My SPAM filter setup may not have liked your previous "Subject" line and sent your message to the TRASH without my seeing it.</li></ul>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-9898477.post-59654158744916912932005-01-01T12:44:00.000-08:002009-06-19T22:20:17.387-07:00Privacy Policy for Buy Low Sell High with Core Position Trading (CPT)<div style="text-align: center;"><span style="font-weight: bold;">Privacy Policy</span><br /></div><br />This blog uses third-party advertising companies to serve ads when visiting this blog. These third parties may collect and use information (but not your name, address, email address, or telephone number) about your visits to this and other sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to learn about your choices for not having this information used by these companies, you can visit <a href="http://www.google.com/privacy_ads.html">Google's Advertising and Privacy</a> page.<br /><br />If you wish to opt out of advertising companies' tracking and tailoring advertisements to your surfing patterns you may do so at <a href="http://networkadvertising.org/managing/opt_out.asp">Network Advertising Initiative</a>.<br /><br />Google uses the Doubleclick DART cookie to serve ads across its AdSense network and you can get further information regarding the DART cookie at <a href="http://www.doubleclick.com/privacy/faq.aspx">Doubleclick</a> as well as opt out options at <a href="http://www.google.com/privacy_ads.html">Google's Privacy Center</a>.<br /><br /><div style="text-align: center;"><span style="font-weight: bold;">Privacy</span><br /></div><br />I respect your privacy and I am committed to safeguarding your privacy while online at this blog.<br /><br />The following discloses how I gather and disseminate information for this blog:<br /><br />e-Mail Updates<br /><br />If a user wishes to subscribe to my Email Updates, I ask for contact information such as name and email address. Users may opt-out of these communications at any time. Your personal information will never be sold or given to a third party. I will that information to contact you, and that may include telling you about recommended products and services offered by myself or others.<br /><br /><div style="text-align: center;"><span style="font-weight: bold;">Cookies</span><br /></div><br />A cookie is a piece of data stored on a user’s computer tied to information about the user. This blog doesn't use cookies. However, some of my business partners use cookies on this blog (for example - advertisers). I can't access or control these cookies once the advertisers have set them.<br /><br /><div style="text-align: center;"><span style="font-weight: bold;">Links</span><br /></div><br />This blog contains links to other sites. Please be aware that I am not responsible for the privacy practices of these other sites. I suggest that my users be aware of this, so when they leave this blog to read the privacy statements of each and every site that collects personally identifiable information. This Privacy Policy statement applies solely to information collected by this blog.<br /><br /><div style="text-align: center;"><span style="font-weight: bold;">Advertisers</span><br /></div><br />I use outside ad companies to display ads on this blog. These ads may contain cookies and are collected by the advertising companies and I do not have access to this information. I work with the following advertising companies: Google AdSense, and others from time-to-time. Please check the advertisers' websites for respective privacy policies.<br /><br /><div style="text-align: center;"><span style="font-weight: bold;">Contact Information</span><br /></div><br />If you have any questions or concerns please contact me.<br /><br />This Privacy Policy updated June 2009Unknownnoreply@blogger.com