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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: the Chief who wrote (52525)7/28/2001 11:10:50 AM
From: Swami  Read Replies (2) | Respond to of 62347
 
Well said Chief! I have been focussing on making 10-30 cents on a trade and have been successful with Gods grace..Too many people on this thread are discussing market direction and techies and are causing distractions to the real daytrader..after market hours offcourse anything goes..there is money to be made out there if you follow discipline..i have been recently guilty of not putting stops due to market volatility and didnt want to be sideswiped..To Vitalsigns et.al..all i have to say is Traders Envy is not good for your mental and physical well being. I have been able to secure a very special confidential deal with bank of Scotia and the condition was that i do not disclose on the web that deal. My commision costs are very favourable for trading large chunks of stock.and i have access to a live broker 9-4..trading execution has been 5 seconds to 1.5 minutes latest.traded 6K NT few times last week. I am also using TD ..E*trade and schwab for some trading. Looking forward to seeing you trade soon Chief..Been intrigued recently by many metal stocks and looking anywhere there is a buck to be made trading..Happy trading!!!



To: the Chief who wrote (52525)7/28/2001 11:42:10 AM
From: CharlieChina  Read Replies (1) | Respond to of 62347
 
Well, you said, you have gone through all kinds of markets .... ?

I am assuming your 50, and have been trading since 25,... therefore, you have gone through only one type of market, over the last 25 years ... and that is a.... A BULL Market.

This my friend is different ....

Never mix apples with oranges... two different fruits

For the first time, Kondratieff Waves are beginning to make sense....

I do like you, but, these markets are different my friend, very different,....I am beginning to see depressionary type environments coming from all sectors, not just the markets.

The more I think, the more, I see the world mutating from the last 100 year Industrial age into something different that may take from 5 - 10 years before the process is complete.

And as far as Daytrading, margins are getting smaller and smaller each month and the risks just get larger.

Do not take your last 25 year BULL Market trading model and use it in a BEAR market, for it will not work.

No offense,....