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


To: Buckey who wrote (2953)1/22/1999 5:07:00 PM
From: trilobyte  Read Replies (2) | Respond to of 62348
 
John :

i don't know about that unless i will find some broker
which can give me stop loss and 1 to 2 minutes maxx. execution

other way it is like a damn lottery ... to anticipate where
the stock will be 5 minutes from now , this way i am losing money
if i miss the right price at first time tough luck , i have to
do the same all over again --which means to chase stock on way up /as well on way down --frustrating like a hell
could i be able to use stop loss i would set it somewhere around
6 to 8 % below and sit down and drink my coffee .
get kicked out .. well wait for other chance to get in ..
as it it now . stock drops i have to make sell order with the estimete how deep it will be till order get to floor or sell at market
and till you get new order in hoping for a bounce you can just see brake lights on the way up from you .. and till you catch that bastard
it turns around and price goes down and you are sitting like an idiot
with a hand full of crap ...

sorryyy for bitching but it cost me this week alone about $ 600 of my money and good $1500 in profits ...

take care ... tlb

p.s. for everyone who want to listen : never sign the contract with
the company who can't provide you with a stop loss , as the Chief is saying here --- stop loss can kick you out from good trade if is to tight BUT for sure it can and will save your 20 times more.

Chief you were you are and you will be right with this one no matter how many times you say it ... that should be 1st rule for everyone
who trades .....