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Re: madrose1 post# 532745

Thursday, 02/08/2007 4:52:29 AM

Thursday, February 08, 2007 4:52:29 AM

Post# of 704041
WayOT---2MARS$


I'm locked out of "private messages", but I will keep it short.

About 4 years ago I made a transition from trading stocks to trading futures. I found myself preparing for my taxes and even though I was using "gains keeper" to record all the transactions, I found I had 000's of trades to keep track of.

I'm a simple kinda guy, and after my first year of trading futures I simply had to "write down" my total "net" gains and never had to list a single transaction (although there were still 000's of round trips). I did find myself spending 000's $$$ on useless commissions (quick in and outs for no gains at all).

My days of scalping (working my arse off for 12+ hrs a day & never leaving my trading chair) are over for now. I find it is much more profitable to just over-load a "swing trade" during the seasonal strength. (The final qtr of the year).

There was only one year in the last decade where we went down for the final qtr.

I'll take those odds anyday.

Good Trading,
Shoreco

PS
I'm off to Hawaii to see the "Pro bowl"

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