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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Jazzss who wrote (11674)5/7/1999 12:37:00 AM
From: keith massey  Read Replies (2) of 62348
 
Jazzss.

I trade in a similar fashion. However for the true pennies I rarely risk more than $4,000-7,000. But for the big boys my normally trades are in he 20-50K range. I felt strong about NNC and was fairly sure that no more bad news would come out that day (could it get worse than the first news) so I put a little extra into the stock. The plays I feel the safest in are one day huge dumpers because the volume is there to get out fast and you know they are not going to halt the stock and put out another bad news release.

My biggest profit in the past month was NLC which was the king of the dumpers. Wish those ones came around more often.

Best Regards
KEITH
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