Hey Ken,
If I follow you. You have a series of compositions and you do not want to load each one and render and then load the next etc etc... correct? If so, you can use the command line to use txrender. It is straight forward. Just open a command line and make sure you set the path with this command in the Enironment Variables. "DL_INSTALL_DIR" as the variable and "C:\Program Files\Autodesk\Composite 2012" as the Value. This is just to make sure you can access the txrender all the time.
Then just run txrender from the command line and it will display all the variables for you. I do believe once you review this it will become obvious how you want to process the compositions. You can setup a batch file that will run the renders, but just make sure you set it up so it does not run them all at once, becayse you can open multiple versions of Composite at the same time. If you had like 5 compositions , this may be ok since you can allocate specific memory requirements for each instance and so memory will be shared, but I would not suggest this. Just do one render and then when done another. If you have a render manager, like backburner or something else, you can use that to send each composition to the render manager and it will manage how the rendering will be done. You can use any manager, so long as it will access the txrenderer for the actual rendering process.
Just check one thing, make sure that the path that you see in the verbos output list is "userfilepath" This should show your default path and it should match where your preferences.txuser file is located. If for some reason this is different that where the file is, and I seriously doubt it would be, just make sure you get that coirrected.
Have a go and see how you get on.
Mark Rasmussen
VFX - Supervisor | Compositor
Enigma|FX
TOXIK/Composite BLOG
http://enigmafx.ca/efxblog