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

To: Buckey who wrote (1035)	11/4/1998 10:53:00 AM
From: trilobyte	Respond to of 4467

John FWIW , i think this rule is for each bank in canada the same .. at least cibc has the same restriction and on the top of that if you trade over a computer you get a discount ,which is fine , BUT if you want to put in a stop-loss you have to phone in and do this by live person -- right at that moment you are out of luck -- the fee jumps like you did all the trade with live broker ... here again we are by the same point --- all this services are directed on people who trade for a year 2019 and are good from that point of view .. for day trading people , which i would imagine create a big chunk of their commission income , there is nothing to easy and promote this kind of activity .. all questions ,no matter which bank it is , get a standart answer --- ohh this is a rule which we didn't made but we have to go by it and so on to me looks like all banks have opinion on day trading same as or very close as for smokers, beer drinkers or hookers -- " we don't like it , but it is around and we have to leve with it but sure as hell we will not make it easier for them " .. 8-)))))) just my opinion tlb p.s. i smoke and once in a while i drink a few beers BUT I AM NOT a hooker ... 8-))