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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: Mike McFarland who wrote (1019)	3/23/1998 4:27:00 AM
From: Mike McFarland	Read Replies (1) \| Respond to of 1100

An alternative way to do my accounting: long 50k mine, cost $3750 long 1000 gmgc, cost $3844 (and from the prev post you saw that $3930 of my $7594 total holdings are not on margin). I could never have been an accountant! Of course Cents did it a different way, allowing the current value of the longs count toward your balance, but that never made sense to me, since it means you are counting your chickens before they hatch--not that my method of accounting has been better. ( note that I don't really have anything on margin anymore, that is just a gimmick to get past the initial 5000 dollar starting limit).