The AAII Rational Investing SIG applies fundamental and technical analysis to make rational investing decisions. This group of active individual investors meets quarterly to improve their skills in using personal computers and the Internet for active position trading.
The focus of this Group is how to consistently make money in the stock market and, more importantly, how to keep those gains.
The meetings cover various proven methods and websites for determining market direction and vigor, selection of the most attractive stocks or ETFs, and knowing when to enter and exit each position (injection and rejection). Active investors share their insights and experiences and address issues of interest and concern to attendees.
SIG meetings are open to the public and are not limited to members of AAII. Novices, as well as seasoned investors, benefit from the ideas and insights presented. Emphasis is on "position trading", which means holding profitable positions for weeks, months or quarters but, being realistic, not "forever" (ie: buy and hold). Since quantitative decision-rules are so important, familiarity with personal computers and Internet websites is helpful.
Each two-hour meeting starts at 7 pm (6:30 registration) with a review of the current economy and market conditions, which also demonstrates using specific charts and indicators. Then one aspect of position trading (ie: direction, selection, injection or rejection) is discussed in detail to provide practical tools and insights that can be put to.profitable use immediately.
After a brief break, a panel of experienced investors briefly summerize their personal rationale and application of specific techniques and then respond to questions and comments from attendees.
Presentations demonstrate using readily available web resources, such as StockCharts.com, FinViz, Stock Scouter, StockInvestor Pro, Portfolio 123, VectorVest, and FolioInvesting.com. Wide ranging topics of investor interest such as Global Oil Industry, Chandelier stops, Contra ETFs, position sizing and risk management, basics of technical analysis, Kuznets and Kondratiev market cycles have been covered (and are archived by the Chapter).