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

To: John Freeman who wrote (1737)	12/7/1998 7:45:00 PM
From: the Chief	Read Replies (1) \| Respond to of 4467

John. No you understand it correctly. However before you quit your job to become a millionaire!<ggg> Appreciate the following; 1) Brokerage "daytraders" have instantaneous access to the trading floor! 2) Brokerage daytraders have bigger wallets and can spend themselves out of a loss! If you decide to daytrade, you will find you are not a market mover, not unless you have a couple of million $$ to daytrade. So what you have to do is find the momentum generated by these guys and jump on for the ride!! The hardest part is finding the stock to jump on. "Daytraders in Brokerage firms" have alerts and warnings that let them know what a stock takes off. There are programs available for ordinary daytraders but you still have to get your order in before its too late!! So don't quit your day job quite yet !<ggggg> the Chief

To: John Freeman who wrote (1737)	12/7/1998 7:55:00 PM
From: keith massey	Read Replies (2) \| Respond to of 4467

John The answer to these question are answered by the simple phrase HINDSITE IS 20/20. Yes if you bought a million shares at the bottom and sold at the top you would be rich. On the other hand if it would have gone down after you bought you would probably be looking for a high building to jump off. Everyday I look at what could have been and then study the chart to see if I could have known it was going up (or down). Of course when you look back at the chart it is always obvious (hindsite 20/20) that the move was going to happen. The trick is to get one or two right a day and limit the loss on the ones you are wrong on. Best Regards KEITH