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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: parker_meridian who wrote (50430)6/18/2001 8:00:47 PM
From: Shaw  Read Replies (1) of 62347
 
Grasshoppa,

0.17 X 1000 shares of NT minus commish equals a profit of (~) $110.

4 trades per day equals $440 profit. I bad trade may lose you $200. Thus we have a profit for the day of $240. With a 75% success rate, of course!

In terms, my young friend, you may understand: $220 of profit is tantamount to 2 Backstreet Boys tickets for you and the little lady, bus fare to and from the venue, and pair of those funky jeans with the really low "prison type" ass youse youngsters like to wear! That's a pretty good deal!!! :):):)

Just kidding there, Parker. having a little fun.

I know what you are trying to say, and I know it's really hard. But that nasty empirical evidence says some people do it very well. I know a couple fo people that average $500 or so a day at it.

Not bad in this market!
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