Daytrading Canadian stocks in Realtime Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wizzer who wrote (18086)	7/5/1999 11:04:00 AM
From: the Chief	Read Replies (1) of 62348

OT Yes, thats true, my philosophy is to look at MOMO and the trading pattern and determine its momentum. At the time I bought MCF there was no clear indication...then the buying came in giving me the impression of a .30-40c climb, that was at 6.10. So the risk had been removed...temporarily...of a downturn...thats why I posted the 6.50 ( I should have just said MOMO was good for 30-40c If the stock goes beyond my MOMO model than I just tighten the stop and follow it up...same strategy but I am just a little more reserved then some on how to get there! In that way you don't recognize that it may never reach your price as a rookie, and you become complacent in your trading thinking you will sell. thats why you analyze MOMO continually, when it turned around at the .40c point I bailed half.....analysis never stops thats why I question the people that can daytrade 6-8 stocks simutaneously...I have difficulty with 2 and find 3 unmanageable!Out last half MCF at 6.40 the Chief

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next