I’ve been in FL since Tues morning. I’ve been organizing my life a bit and playing poker/watching the markets. The markets have been entertaining this week. I’m going to start trading actively with my friend Bob Bright at www.stocktrading.com. It’s kind of a pain to get set-up (you have to fill out a bunch of paperwork and take the Series7) but it has huge benefits over a standard account (namely, the possibility of up to 30X leverage). Another benefit is that you become classified as a professional trader (allowing you to deduct all trading-related expenses and, most importantly, allowing you to list a net gain/loss number on your tax forms rather than individually listing a huge number of transactions).
I’m up 50k on my recent online poker stint. I lost 100k on FT and went up 150k on Stars (mostly against TheRealAndyBeal). I’ll try to get some decent hand histories up soon.
Brandon

July 27th, 2007 at 9:36 am
keep going brandon. . the benefits of set-up of an account are there but i will tell ya what it is painful