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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: robnhood who wrote (24546)8/17/1998 10:40:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 94695
 
Hi Russel; as a matter of fact I do wish them luck, but not as much
as I wish for myself. <G>
This you may find hard to accept but more than anything else I
trade for the challenge in it, and while I talk it up a lot
I'm a small time trader, with most of my savings tucked away
in bonds, and local real estate.
I do enjoy the thrill of "winning", but I'm not silly enough to think I'm going to make much off the amount I trade.
While most of my trades are small chunks I do trade a lot,
too much I think, and being I rolled a lot of options in 97,
I was surprised to find when I totaled them up that the commissions
(and if I count the spreads, at an average of 1/8 each way ) I actually made the brokers and specialist more profit than I did for my self.
Jim