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Non-Tech : Action Direct - Royal Bank Brokerage -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (28)5/1/1999 8:46:00 PM
From: The Osprey  Read Replies (1) | Respond to of 175
 
Marcos,

I have made comments about the service but my loyalty is running thin.Just did my income tax return and when a brokerage makes more money than me on the trades it is time to change.I am over 2000 per year in brokerage fees.I had a capital loss to carry forward after all is said and done.Some is my fault.I made some emotional trades.Chief straightened me out on that as well as Keith.I was trading before with my entrenched habits and not my eyes.Now I have changed and I am going to give Keith a scorecard on New Years Eve.He(CHief) has made me look at things te way a daytrader should.Forget the emotions and just watch the momo.Buy and sell accordingly.Review the charts,do your own DD and trade the shit out of them and move on.I daytrade the Nasdaq as well.I usually have 3-5 stocks on the go at once.I love the confusion at RBC.NOT

Previously I fell in love with a stock and traded it a few times and then some more and it cost me. I.E I bought TUNE on the Nasdaq at 31. for 300 shares and sold at 37.06.I rebought at 36.00 and sold again at 38.00 for another 300 shares.Then I got emotional and re bought at 49 7/8 for 300 and watched it go to 61.00 and net action wouldn't fill my market sell order.I watched it set pending while the stock went from 54.00 to 61.00 and back down to 48.00 at the close.I had cancelled my order and it was executed in a flash.By the way this was all in one day.......

I bought another IBUI on the Nasdaq at .25 for 5000 and sold 5000 at .75/share.I bought some more on a dip.(800)at .69 and put in a sell at .83.No confirmation of the trade and when I get back a week later I see I bought 800 instead of sold 800.The activity screen was clear as I was on a cruise for a week.I was going to argue it but guess what.I lose with the form i signed when I opened the account.So Instead of serlling 800 I now own 1600......800 at .69 amnd 800 at .83.......I use the phone from now on to daytrade.If they screw that up as they have the last few days I am gone.......Nuff said.

The Osprey