Daytrading Canadian stocks in Realtime Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: the Chief who wrote (11625)	5/6/1999 6:27:00 PM
From: The Osprey	Read Replies (2) of 62348

Just got back in to read 122 posts.Hope everyone made money.I posted before I left NRH.T 2K at 1.35.Small buy as I knew I was leaving.Set stop at 1.20.Left and went to Buckeys' neck of the woods.Took the cell wishing I had never posted as the momo didn't appear as I expected.At 2.37EST I sold the 2K at 1.48 via cell phone through DS. Out for 260.00 minus 80.00 commissions for +180.00 profit. I truly felt with a share consol done and a possible e-net 0r e-commerce deal this would fly.I apologize for erroneously posting it as a daytrade as it lacked momo.Reminded me of HSS a couple of days ago.I will still keep an eye on it.When some momo shows I will let everyone know. As to a contribution......I have been doing this for a bit and yes have had my share of frustrations.My method of execution was flawed by using net action but now I just use the phone and execution has improved immensely.I am not a T/A specialist but I have bought some books and am making an effort to refine my rather arcane method I use now.I tend to watch buying trends of the day and look at charts(one year) and go back one year on News releases.I try and select the high and compare it to volumes traded to try and find what I describe as resistance.I look at pull backs on a chart and try to see volumes traded at a price and volumes at prices and try to nail down what I consider to be support for a stock. I then look at these two figures and try and find a tradeable range in between.I also watch which houses are buying and who is selling and try and view tradestation.I look at 13 day EMA and look for crosses above 50 day EMA's as well as closes above the 50 day ema. Other times I look strictly at volume and direction and go with my gut and sometimes I am like Panasonic(SCS)Just slightly ahead of my time but I do appreciate the time and effort Chief and others have put into the thread. I like to know and hear how others feel and their methodology.I do not post alot of my methodology during trading as my computer kicks out CSW and I get pissed off.(Not enough RAM). I will go back to lurking and if I see something I will post it.If I feel it is able to make money for all.If not you will not hear from me on here during trading.I will use PM. The osprey

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next