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Strategies & Market Trends : Trading For A Living

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To: Dave Baker who wrote (180)5/23/1998 7:35:00 AM
From: Big Dog  Read Replies (1) of 1729
 
Why would I do any such thing? I take all the receipts and statements from Etrade to my CPA brother (believe it or not he's a CPA and a narcotics detective) and it's over with. All I do is push the buy and sell button.

I'll tell you a funny story about trading too much in one day. One day it seemed like every time I looked at the screen another stock was running. So, I tried to catch and play every one. Buy 100,000 of this and sell 50,000 of that, over and over again. When it was all over I called Etrade to get the balance of cash in my account, I was told, they would have to call me back. I had made so many large share transactions that the system did not keep up and they would have to go over all the transactions manually.

BIG DOG
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