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: Buckey who wrote (12481)	5/12/1999
From: keith massey	Read Replies (1) of 62348

John....LOL - great picture (Thanks for the crown S.Y.R.) Although I am almost even on NCT after today's close I will wear the hat proudly for mistakes made in the past couple of days. I have the 5 year, 5 day (5 minute bars) and 1 day (1 minute bars) charts pasted on my wall with the mistake buys circled. I don't plan on trying this again in the near future. Although I was buying at support (with cross verification in different time frames with several indicators) with this type of powerful downward move I should have been smart enough to know that even large support levels might be broken. The shorts were playing games and I got played good. The stops saved me from taking any big losses but it sure hurt the pride. That last flip up was the only thing that salvaged the day. I will repeat this for the thread one more time Never go against the general stock trend Never try and catch a falling knife..you might get cut Rules I did follow (but who cares because I lost) - used stops on ever trade (fairly tight, placed below key support levels with minimal loss on each stop) - only bought at support (cross verified) when momentum slowed and depth showed support (should have waited for upward momentum but I got greedy trying to find the exact bottom) If making money trading stocks was easy everyone would be doing it. Just another lesson well learned. Best Regards KEITH

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next