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 (1888)	12/24/1998 9:05:00 AM
From: The Devil Dog	Read Replies (1) of 4467

Thanks Wizzer for sharing. I have recently divulged on the thread of a very similar situation where I practiced a bad decision to hold, cost me $6,000 on BII. I think it is very important to determine whether it is a day trade or a momentum trade or a long term hold, and do not change your mind because your on the loosing end. Sell at a loss if you have to be out. I talked myself into holding BII for 2 weeks, I don't look bad now cause it is bouncing back up, but I tied up $15,000 for 2 weeks. LOST OPPERTUNITY. To make a long story should be shorter, I WILL include stops on my orders from now on. Thanks for re enforcing the discipline that we all must muster to make our selves good traders. Thanks to all for all your insight, hope you all have a very wonderful holiday. Merry Christmas to ALL! Best Regards WB

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