Day trading in Canada Message Board

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Gold/Mining/Energy : Day trading in Canada

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To: the Chief who wrote (1000)	11/3/1998 12:58:00 PM
From: trilobyte	Read Replies (1) of 4467

Chief , that is great IDA is taking so good care bout us brainless crowd who has nothing else to do than just burn the money .<g> what i don't understand is : you place the order worth say $ 30 000.00 and set the price $1.00 below current trading price -- then the byrocracy take its turn and your order goes to guy X for a blessing, from him to guy Y for the other blessing , than to the coffee machine ( should guys R,S,T have some objections ) and then finally all is ok and the guy "XX" push the button and you are approved to make a trade worth $ 30000.00 -- you wait for the right price and change the limited order to market order ( which at the time say $ 500.00 more than you was sitting on with all the stamps a blessings in place --- but what happens your $ 500.00 goes into same byrocratic mill as that 30000.00 before .. do they don't have anything else what to do , or couldn't they approve you the first time for that 30 000.00 + %10 or 15 or 20 % on the top of that , that all chain of people ( and the coffee machine)can be left uotside of this ... that what get me going ... few 000 $$ down the tube just that second blessing took so long i was out of luck ... FWIW tlb

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