RE:RE:Just So That People Know That I Stand By What I Said About look when all the brokerages have all the advantages they should not be losing money or screwing with people at retail. Let's count all the advantages and how they all make money--(1) commission (2) the one i hate allowing shorting make money here (3) have mass amounts of shares sure they can lose with each penny up or down due to spread but conversely they control the ebb and flow they can dump shares en masse and when the price is low buy and then sell on the way up (4) from my knowledge i don't think they pay any commission on trades, i as a retailer have to account whether your so called measly dollars which are not to me are worth spending commission on--like i said the brokerages must be really stupid to lose money when they have at least four key advantagess over everyone else at retail.
Now in terms of the mentality, if i think oh, i am losing money no big deal i will have that mentality. If however, i don't want to lose and become extremely selective and smart i should not lose--just the frame of mind. Does it mean i will be successful all the time probably not. But if i can average out ahead i will do so not depend on oh, i better sell at losses so i pay less or don't pay anything in captial gains.
Look how people run their affairs and need to account for themselves is a very personal issue which I will not know of and specific to their set of circumstances but when big corporations with all the advantages take undue advantage because they can you bet i will talk down about it.
I guess my comment in a sports analogy is this--I will use hockey many times prior to things being more fair with the salary cap there were teams like New York Rangers who would buy the best players and often won because of that where other markets didn't have the same deep pockets and were always at a disadvantage but New York didn't always win because perhaps they didn't scout well the others did--yet these guys had all the advantages and really shouldn't lose but it happens. What i am angry about is things need to be more equitable and for companies more so brokerages to do what they do and prey on retailers that is very sickening and they make all those vulture moves because all of that is legal. They don't have to worry about losing because really should they--the retailers have to be smart
In any case, my mindset will be to gain not to have tax write offs because i sorry to say still call it a loser mentality! If one is good be good show you are the best and earn your bloody pay--and that goes to another point--brokerages and banks have CEO making ridiculous amounts of money all at the expense of those who should be compensated more equitably as well. Those who give them money should get a fair cut.
Regardless, this is my mentality and thank you for your advice i have been consulting financial experts it's just i don't want or need to have a losing mentality because when you do that is the frame of mind you will keep in.
good luck all