Day trading in Canada Message Board

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Gold/Mining/Energy : Day trading in Canada

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To: keith massey who wrote ()	8/10/1998 5:30:00 PM
From: JPayne	Read Replies (1) of 4467

In Canada day trading is very difficult. What you need is liquidity and volume. We just don't have many stocks trading in a couple dollar range consistently to get in and out of. Day trading in mining stocks is just plain dangerous. By the time you hear about a stock, it is usually overbought (meaning you get in high). One thing I look for is volume. Decling stock prices with high volume mean value investors are coming in because they see the stock at a good price/value. Decling stock prices with no volume are the kiss of death. No value investors. Stock will dwindle into obscurity. Any thoughts anyone?? JP

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