Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (31973)	3/11/2002 9:47:51 AM
From: Chris	Read Replies (1) \| Respond to of 52237

yy

To: Paul Shread who wrote (31973)	3/11/2002 12:48:02 PM
From: Casaubon	Respond to of 52237

scottrade gives you a synopsis with cost basis, though it seems difficult to short there. Roughly three percent of my trading profits went to them for commissions. Oh yeah, they don't send confirmations unless you pay a fee ($2.50 each, I think).

To: Paul Shread who wrote (31973)	3/11/2002 7:34:55 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 52237

Paul, I don't know about broker's statements since I don't even read mine anymore. -ggg- Go get quicken. It is worth the 40 bucks or whatever it costs. It will identify your cost basis for everything or at least ask you when you close a position which lot or partial lot you want it to come from. I would be lost without mine which is why I keep 2 backup copies on separate computers just in case. -ggg- The only thing wrong with it that I don't like is it computes gains like the beardstown lady's club when you try and use the projections reports during the year. You make one 10% winning trade for a month's work and it assumes it will do that for the rest of the year and projects a 120% annual percentage yield! I wish! Most major banks and brokers will link up to it over the web and enable you to download your trades directly into it. I update mine each week or more as a matter of habit now. At the end of the year, it spits out all my trades for my review and then I export it into my tax program. It took me about an hour to do my taxes this year from beginning to end and that is just because Turbo Tax wants to question you on all short sales which was 90% of my trades last year. Good Luck, Lee