********O.K. Everybody ****** Time for a Reminder READ THIS MESSAGE in its entire content NOW please ! ! !
Started By: the Chief
Date: Nov 20 1998 2:09PM ET
I believe there is an interest in discussing Daytrading Canadian stocks in "Realtime". The rules are as follows;
-The stock must be listed on any Canadian exchange
-The stock must be displaying momentum (MOMO) NOW
-You must post when you buy the stock and at what price (immediately)
-You must post when you sold the stock and at what price (immediately)
-You must be prepared, in a post-mortem, to explain what indicators you used to identify this stock, why you think you failed, or why you succeeded in the daytrade!
Don'ts
-During trading hours DO NOT go into a lengthy diatribe of why you like a stock! Be concise and accurate on why you think the stock has momentum or is building MOMO today.
-When suggesting a stock to the thread DO NOT POST NEWS RELEASES on this thread. Post a "link" to the release, on the companies thread ONLY.
DO NOT post any non-Canadian Exchange stocks on this thread
DO NOT post stocks that you are holding for the long term, or for more than 3 days.
DO NOT discuss computer configurations, software, and discount brokerage problems (other than to let fellow traders know a system is down). These issues should be placed at; Subject 22429
After trading hours we should discuss strategies for the next day, what was done right or wrong during the day. Recommendations of stocks to watch in the future.
The objective of the thread should be to, make money, help all daytraders sort out their failures and successes, and eventually all of us will become better traders. It is also to form strategies on the next days buying! Let's have some fun with this.
A Complementary thread is:
Subject 22429 which discusses;
Online trading - fastest, cheapest, bests overall
Real-time quotes and market depth for Canadian exchanges
Trading software
Trading strategies.
NOTE- Recommending a stock you already own to try to stimulate momentum will be frowned on, in fact you will be HATED...this is guaranteed!!
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