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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Buckey who wrote (206)11/25/1998 8:56:00 AM
From: the Chief  Read Replies (1) of 62348
 
I played PUG - I know the buy of 5k at .215 was recorded at 10:21 - I sold it at .245 for a net $100 after fees. Scotia
I know it aint like the big shooters but I can only watch the screen some of the time and thus only risk a little.


Good trade JL. $100.00 a day is $2000 a month!! That isn't chump change! I came out with the same sort of money on POT....the difference is that I risked $48,000 to get it. When you risk $48,000 and make $100.00 it is chump change because of the percentage return and the risk involved. I love the 10,000 share trades at .50c and gain .06c....

To ALL

For all of you out there that are not participating in this thread because you don't think your trades are either big enough or profitable enough, we all lose!!

It takes a far better daytrader to manage .20c stocks then it does $20.00 stocks. The upside potential on .20c stocks is far more significant, of course so are the risks!!

I would appreciate penny-stock players consider posting their "watch list" here. So that we can diversify from CM/BNS/RY/POT etc. the fact that I don't recommend pennies on my list is not a reflection on penny stock trading or the acceptability of it!!

I would like to see a watch list with a .20c stock just because i wouldn't mind playing one every once and awhile!! In the meantime what it will do is prevent this thread becoming overborn with "high-roller stocks"........which was not the intention!!

We need all of your input.........remember it must be a "watchlist" not a "PUMP MY PORTFOLIO LIST"

the Chief
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