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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: nextrade! who wrote (14263)1/30/1999 10:47:00 AM
From: SE  Read Replies (1) of 44573
 
One other thought of mine that applies to my trading- if the comish is the difference between success and failure, maybe I should pursue another vocation!! <g>

I have held two futures acts in the event I were to ever have to offset due to the unknown, but have become very confident with my most active act and this I/B.

I have two thoughts on the above. Oh, yeah, by the way, welcome and thanks for the kind words. Contribute frequently please.

First thought on commish. What you say is true...if commish is the difference, then maybe you need a different vocation. However, commish is an expense and if you treat trading as a business, every expense item must be examined for reasonableness. If you can pick up $100 per week in commish savings you just increased your trading account and that is the bottom line, isn't it?

The other thought on offset and I mentioned this on AG's surprise rate cut day....I think that the large contract traders ought to have a on-line account set-up so that if the large pulls another AG surprise rate cut day or the phones are too busy or whatever the reason, they can off-set using the mini via on-line trading.

Just a thought....

-Scott
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