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


To: mappingworld who wrote (7078)4/15/1999 1:36:00 PM
From: Rob Davis  Read Replies (1) | Respond to of 62347
 
Are you asking if the Chief is happy with making $2.75 today
on a $20.00 stock? Say you bought 1000 shares, 1500, 2000...
would you be happy with that. I'd be happy with $300-$400 profit
everyday.

A fulltime "daytrader" should try to go for small consistent
profits, not swing-for-the-fence homeruns.

Cheers,
Rob



To: mappingworld who wrote (7078)4/15/1999 2:43:00 PM
From: the Chief  Read Replies (1) | Respond to of 62347
 
No I would have preferred 20.15 to 26.00!!<gg> but you take what you can get. I took a significant hit on V this AM and am trying to get dribs and drabs back. I am still holding 2K shares and would love this one to get to 22.00 however, the plain and simple fact is EGRP on the NASDAQ determines the direction of "V"! EGRP is down $15US on the day and was down as much as $33US from the daily high. If we get to $22.00 we'll be lucky! It is trading very thinly at the moment and the brokerages are suckering people very well. They insert a 2500 share bid, wait for a couple of bids to top them, then remove 2000 shares of it, then move those 2000 shares up and wait for 2 bids to top it...etc..etc. They are moving it up now to $21.70 on no support!

the Chief