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Gold/Mining/Energy : Day trading in Canada

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To: maintenance who wrote (615)10/1/1998 3:19:00 PM
From: keith massey  Read Replies (2) of 4467
 
Maintenance.

I bought 1500 shares (margin 40%) - commissions costs are $45 for the buy and $45 for the sell - for a total commission of $90. On the .55 move I made a profit of $825-90 = $735. However your losses can add up just as quickly so be very careful.

I placed the order - I saw a fill around 45 seconds later on the SW screen for my trading house at the price and number of shares I requested. Just to make sure it was me that got filled I checked with Web-broker 2 minutes later. I watched for 15 minutes and then sold the same way.

Best Regards
KEITH
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