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To: Paul Barr who wrote (10954)	12/16/1997 12:25:00 AM
From: sepku	Read Replies (1) \| Respond to of 77400

>>>Traders just don't get it, do they. The spend more money on commissions then they will ever make trading stocks.<<< That's funny...then I wonder just how I've been day trading for years, completely independent of corporate America, and now privately manage the portfolios of a several other individuals based on performance #'s and trust, expanding my horizon to position trading and even some longer term investing. Could I very well be the only successful day trader in the world? LOL! But I gotta admit...those $15 commissions are a real pain in the ass! Style Pts.

To: Paul Barr who wrote (10954)	12/16/1997 1:03:00 AM
From: Eric	Read Replies (3) \| Respond to of 77400

Paul As you know, its dull watching the tree grow slowly to the sky! Laughing all the way to the bank! Eric

To: Paul Barr who wrote (10954)	12/16/1997 2:08:00 AM
From: Sowbug	Read Replies (1) \| Respond to of 77400

<<Traders just don't get it, do they. The spend more money on commissions then they will ever make trading stocks.>> That's a weird criticism. All it means is that a trader's pretax profit margin is less than 50%. If I spend $20,000 in commissions to make $35,000 a week trading, thereby netting $15,000, I'm not going to complain about the commissions. I further submit that if I did that and I were a publicly traded company, then you would buy and hold my stock and even start an SI thread about how great the company was with its fat margins.