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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Daryn Kemp who wrote (3585)8/4/1999 10:53:00 PM
From: keith massey  Respond to of 4467
 
Daryn

I would go over to the Daytrading Fundamentals thread...lots of good stuff (probably best on SI) over there although lots of it is geared towards U.S stocks. I would hang out at intelligentinvestor to learn some good day trading TA and would read everything on the hardrightedge. I wish I could go back and change many of the first posts on this thread written by myself and integrate many of the things I have learned in the past years. I have found that the more you learn the more there is to learn and the learning curve does not get less steep as time goes on but actually gets steeper. Every time I read a book I find three more books I must read. My undertaking for the next couple of weeks is gaining a good understanding of World Banking policy influence on the currency markets. I am the first to admit that I only know the very basics about this topic right now....if anyone has any questions ask me in a month <ggg> (or can recommend their favorite book on the topic)

Subject 28734

In my opinion there is one key way to separate the real great profitable day traders and the one that have fallen by the wayside...

One group knows how to cut losses fast and the other group doesn't.

If you can remember that one tip and live by it you will be better off than most of the traders out there.

Best Regards
KEITH