Daytrading Canadian stocks in “Realtime” $3.00 or less (No OTC).
The rules are as follows;
**VERY IMPORTANT**
-If you are identified as a "fast talking" person who is trying to create momo and dump your stock into the thread participants you will be BANNED...the thread is moderated. Moderation of an individual will be achieved by a majority vote of the thread participants.
-If you engage in personal attacks or disruptive postings, the thread will vote to ban you. 1st time ban is 1 week, then 1 month, then 1 year.
Rules
-The stock must be listed on any Canadian exchange and must be priced below $3.00(no OTC...Market makers are not daytrading friendly)
-The stock must be displaying momentum (MOMO) NOW!
-You must post when you buy the stock and at what price immediately. Do not post how many shares you bought...we don't care.
-You must post when you sold the stock and at what price immediately.
-You must be prepared, in a post-mortem, to explain what indicators you used to identify this stock, why you think you failed, or why you succeeded in the daytrade!
DO NOTS!
-DO NOT use terms like "its smokin", "get in now or you lose", "pump and dump" or post targets for a stock!
_DO NOT appoint yourself a "guru" and predict a stock will move because its a "good one"...we don't care....MOMO NOW only!
-DO NOT go into a lengthy diatribe of why you like a stock during trading hours! Be concise and accurate on why you think the stock has momentum or is building MOMO today.
-DO NOT POST NEWS RELEASES on this thread. Post a “link” to the release.
-DO NOT post advice on whether a person should buy or sell a security...leave that to financial guru's.
-DO NOT continually post price changes on a stock, once the thread is notified of MOMO "gentle" reminders is enough.
-DO NOT post lengthy fundamentals or lengthy TA....be brief, we are only concerned if it has MOMO
_DO NOT attempt to talk your fellow SIers into buying the stock you perceive has MOMO, let them decide themselves.
-DO NOT post any non-Canadian Exchange stocks on this thread
-DO NOT post stocks that you are holding for the long term, or for more than 3 days.
-DO NOT discuss computer configurations, software, and discount brokerage
problems (other than to let fellow traders know a system is down). These issues should be placed at; Subject 22429
After trading hours we should discuss strategies for the next day, what was done right or wrong during the day. Recommendations of stocks to watch in the future. The
objective of the thread should be to, make money, help all daytraders sort out their
failures and successes, and eventually all of us will become better traders. It is also to
form strategies on the next days buying! Let's have some fun with this.
A Complementary thread is: Subject 22429
which discusses; Online trading - fastest, cheapest, bests overall Real-time quotes and
market depth for Canadian exchanges Trading software Trading strategies.
$3.00 and over(no OTC thread is Subject 23802
NOTE- Recommending a stock you already own to try to stimulate momentum will be
frowned on, in fact you will be HATED...this is guaranteed!!
If you are identified as a "fast talking" person who is trying to create momo and dump your stock into the thread participants you will be BANNED...the thread is moderated. Moderation of an individual will be achieved by a majority vote of the thread participants |
