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Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!! -- Ignore unavailable to you. Want to Upgrade?


To: vic vreeland who wrote (979)3/8/1998 12:44:00 PM
From: Mike Sawyer  Respond to of 1100
 
I've got to agree that it would weaken the strength of this thread if the trade messages were privatized. It's very helpful to everyone if all people post their trades as soon as possible. Even if they have to catch up at the end of the day it would be helpful.

Thanks to all for making this thread so resourceful!



To: vic vreeland who wrote (979)3/8/1998 12:51:00 PM
From: Mike McFarland  Read Replies (1) | Respond to of 1100
 
Well I guess I am the one guilty
of clutter, so I must apologize.

Well, that's three strong votes to keep
things as they are...(and I didn't
presume to go against everybody's
wishes, merely a thought. Certainly
this is Cents thread and we play by
his rules...)

I guess I'll just have to get on the
stick and post my trades. Cents: at
the bottom of the post is a specific
question for you.

Now an explanation for why I said
what I did:
Part of the inconvenience for me is
that I'm not online when I make an
option trade--that's a different
account from the one I normally
trade in. Plus, I've stopped trading
in the account which I was using for
the 1k/wk game, because it was a
taxable account--so now I actually
have to keep track of my trades and
an imaginary balance, which is
contained within a larger real
account balance. You see, my
game balance is contained within a
larger non-taxable (ira) account now.

Anyway, I suppose if Cents can do it
for all of us, I can keep track too.

One more detail I need Cents to answer:
The account I was trading in for the
game was a margin account. Now that
I'm just doing the game trades in my
IRA (and it is not margin of course)
can I still exceed by cash balance
for trades...that is, can I use
imaginary margin? Is this what folks
refer to kickin?

Anyway, if it is too complex I would
just assume drop out of the game now
too, having a significant gain for
the year (more than 1k/wk) has, for
me, made the contest less exciting
than it was before a few of my darts
hit some winners.