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Gold/Mining/Energy : Day trading in Canada

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To: John Freeman who wrote (1737)12/7/1998 7:45:00 PM
From: the Chief  Read Replies (1) of 4467
 
John. No you understand it correctly. However before you quit your job to become a millionaire!<ggg> Appreciate the following;

1) Brokerage "daytraders" have instantaneous access to the trading floor!
2) Brokerage daytraders have bigger wallets and can spend themselves out of a loss!

If you decide to daytrade, you will find you are not a market mover, not unless you have a couple of million $$ to daytrade. So what you have to do is find the momentum generated by these guys and jump on for the ride!! The hardest part is finding the stock to jump on.

"Daytraders in Brokerage firms" have alerts and warnings that let them know what a stock takes off. There are programs available for ordinary daytraders but you still have to get your order in before its too late!!

So don't quit your day job quite yet !<ggggg>

the Chief
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