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

To: Wizzer who wrote (1569)	11/24/1998 11:45:00 PM
From: Tommy D	Read Replies (1) \| Respond to of 4467

I am curious Wisam. How many stocks can you effectively day trade? It seems to me that you are limited by the physical limitations (can only watch so many screens) and computer limitations (can track many stocks but how do you trade without multiple access. Haven't spent much time determing which Canadian stocks to day trade but I have plotted (without buying) Micron for some time and it sure seems like a good company to day trade. Big time volatility and great liquidity. However, I haven't looked at it from the conventional day trading perspective (as I understand it) of looking for 1/32 or 1/16 on a turn. Instead most days, there seems to be 1/4 to 3/8 in either direction which on 1000 shares, (in beaver bucks) is not a bad day. Won't make millions but with stops shouldn't lose a ton either. I just think you aim for a little better return or the risk may not be worth it. Just some thoughts. Regards TommyD

To: Wizzer who wrote (1569)	11/25/1998 9:10:00 AM
From: tide	Read Replies (2) \| Respond to of 4467

Thanks much Wizzer & all. I think I am getting that day trader course on line & at no cost. What a bargain this is that those with experience freely share your advice. Did not know that Greenline will reduce broker handled orders if you claim website problems....occasionally happens. I do not presently have market depth & am hoping that Webbroker will have something of value in that regard with their upgraded version. My goal is quite high as if I can't make money in 6 months, I expect I will get back to short term. Also I can see where I will definitely only try to handle 1 stock initially, things can just happen too quickly with more than that, for beginners at least. Have a great trading day all. tide