Day trading in Canada Message Board

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Gold/Mining/Energy : Day trading in Canada

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To: Wizzer who wrote (1569)	11/24/1998 11:45:00 PM
From: Tommy D	Read Replies (1) of 4467

I am curious Wisam. How many stocks can you effectively day trade? It seems to me that you are limited by the physical limitations (can only watch so many screens) and computer limitations (can track many stocks but how do you trade without multiple access. Haven't spent much time determing which Canadian stocks to day trade but I have plotted (without buying) Micron for some time and it sure seems like a good company to day trade. Big time volatility and great liquidity. However, I haven't looked at it from the conventional day trading perspective (as I understand it) of looking for 1/32 or 1/16 on a turn. Instead most days, there seems to be 1/4 to 3/8 in either direction which on 1000 shares, (in beaver bucks) is not a bad day. Won't make millions but with stops shouldn't lose a ton either. I just think you aim for a little better return or the risk may not be worth it. Just some thoughts. Regards TommyD

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