Message from russwinter... very confused... US in Canada.
Russ,
If you is confused, then i'm totally lost up creek wo/ paddle :o)
But then without using the subjective words like agenda or manipulation,
might one's objective be the deciding factor that could lead one
to accept less than favorable conditions to trade from usa into Canada?
For sure making money is the bottom line eventhought one has
the inclination to skip any procedure that will deliver this if it also
contains a factor where those you need to carry out the transaction
will take more than their fair share. Sure, but looking beyond that
one can agree that corruption exist in many places we all have to
engage to receive food water shelter etc, and its a constant battle
to keep babble babble babble from my typing.
ok, sorry and let me give an example instead using my favorite person.
Yesssssssssssssss its Bob Johnson aTime.
As Bob mentioned that he uses food coupons and if i remember correctly
he once posted to me on the GPM thread back when the on topic
was about gold monitoring that he once purchased $3,500.00 worth
of junk food stuff using coupons worth $3,499.99 :o)
ok, i do agree with readers that i have totally lost focus.
"... seems to be only one way to go. Use a US broker that
has a Canadian desk (like Greenline), and just suck it up
on the commissions. The bulletin board most of the time
is too thin."
Recently i checked out a few days posting on those threads
that Zeev Hed is on and was taken aback in that it looked like
a conversation between day traders extending their buys and sells
from a single day to a few days. Things like up one dollar and take
profits and etc.
Not here is it like that, as here its buying to make money yes,
but its buying more in a hold'ing approach to make bigger money
than a simple one buck up and sell.
Of course those like Zeev might have big pockets and buy a few dozen
of those Buffet Berkshire and unload for a quick thousand.
But here, especially for me with the pennies, its buy at a 5 cents
and sell at 50 or 500 or 5,000 cents, which means to me that if
the commission jacks up the purchase 20% like 6 cents rather
than 5 cents, then its not relevant for a successful investment.
Guess a 20% plus or minus in an IBM is a biggie to them over
on those other threads, but really not here especially for shares
under a dollar.
Example, and a real one.
I'm gonna sell some of my xxxx at $0.20
so that i can buy more of my yyyy at $0.025
as its easy for either to double or more or collapse completely
buy 5 xxxx for a buck
comparied to 40 yyyy for a buck
or a simple 1 to 8 conversion
which makes sense once nonsense replaces sense
which is required thinking in these pennies
but for most all on this thread
its not pennies except for rare cases
like i believe gold_tutor and another has a secret example
but over or close to a dollar leaves my arena of play/gamble
especially those 5 to 20 dollars
as they are more like those other threads Zeev is on
but over there its higher volumn trading in and out and in...
here its more short or longer term investment styles
based not on today and tomorrow with next week long term,
but really Buffet know the company and that TA FA (sic)
ok
not sure if i'm done typing in this post
not sure what i first wanted to say
infact i cannot remember why i replied to ???
ok, scroll up and look
(excuse me for a second as i look)
ok, 2/3 of my pennies are in Canada
and i'm in usa
and i was only able to do my buys if and only if
those usa letters existed on E*trade
sooooooooooo
no problem with commissions being 10% over
or even 25% over
especially with the fake strength of usa dollar to Canadian dollar
as already me using my usa dollar to but Canadian is a ripe off
as i'm getting more than i should in the conversion
but even if that was not the case
if i'm in the usa and i know of a good stock in Canada
then if i'm in it for a quick day trade of low 5%
then sure, i'm not in the game
but if i'm in it for a double, then yes
but then maybe all one has to figure out is the share price
and what i want to sell later at, if it makes any ripe off commission
like an extra $50 not a factor in the buy/sell bottom line,
like maybe the commission is 35% too much,
but its only 3.5% of the final bottom line,
and if so, use whats available to get the trades done
just so you make money
as
gotta trade to win or lose
d:oug |
