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


To: the Chief who wrote (11625)5/6/1999 4:59:00 PM
From: keith massey  Respond to of 62348
 
So what is happening is we are attracting people who want to make money off of us, not people who want to join us in making money

Chief...I for one have made money off some of your heads up so I guess I am one of the ones that want to make money off you <ggggg>

I agree with everything you said. I have broken the odd rule here and there but try and be as honest as possible with my trades and my intentions. Day traders that try and do it alone often get killed. You need smart/sharp people to bounce trading ideas off of in realtime and also need people to bring the movers to you attention. I for one owe you and several people on this thread (you know who you are) a big thanks for doing just this service.

Best Regards
KEITH



To: the Chief who wrote (11625)5/6/1999 6:27:00 PM
From: The Osprey  Read Replies (2) | Respond to of 62348
 
Just got back in to read 122 posts.Hope everyone made money.I posted before I left NRH.T 2K at 1.35.Small buy as I knew I was leaving.Set stop at 1.20.Left and went to Buckeys' neck of the woods.Took the cell wishing I had never posted as the momo didn't appear as I expected.At 2.37EST I sold the 2K at 1.48 via cell phone through DS. Out for 260.00 minus 80.00 commissions for +180.00 profit.
I truly felt with a share consol done and a possible e-net 0r e-commerce deal this would fly.I apologize for erroneously posting it as a daytrade as it lacked momo.Reminded me of HSS a couple of days ago.I will still keep an eye on it.When some momo shows I will let everyone know.

As to a contribution......I have been doing this for a bit and yes have had my share of frustrations.My method of execution was flawed by using net action but now I just use the phone and execution has improved immensely.I am not a T/A specialist but I have bought some books and am making an effort to refine my rather arcane method I use now.I tend to watch buying trends of the day and look at charts(one year) and go back one year on News releases.I try and select the high and compare it to volumes traded to try and find what I describe as resistance.I look at pull backs on a chart and try to see volumes traded at a price and volumes at prices and try to nail down what I consider to be support for a stock.
I then look at these two figures and try and find a tradeable range in between.I also watch which houses are buying and who is selling and try and view tradestation.I look at 13 day EMA and look for crosses above 50 day EMA's as well as closes above the 50 day ema.

Other times I look strictly at volume and direction and go with my gut and sometimes I am like Panasonic(SCS)Just slightly ahead of my time but I do appreciate the time and effort Chief and others have put into the thread.

I like to know and hear how others feel and their methodology.I do not post alot of my methodology during trading as my computer kicks out CSW and I get pissed off.(Not enough RAM).

I will go back to lurking and if I see something I will post it.If I feel it is able to make money for all.If not you will not hear from me on here during trading.I will use PM.

The osprey




To: the Chief who wrote (11625)5/6/1999 9:07:00 PM
From: norm roberts  Read Replies (3) | Respond to of 62348
 
your problem is cheifee,is ego,flame away you sheep bah, bah,bah,
you and keith have the smarts, but if you make money,you will attract the flys.they do not I REPEAT, DO NOT, KNOW HOW TO TRADE,boy do i know how to pissm off an audiance.none of the people on this thread (except buckey)is being entirely honest.example. "i bought 2k for eighty thousand dollars+. and i made 1000 dollars,OH WOW TAIPAN, TELL ME YOUR SECRET.please give me a BREAK.ALL THE BEST NRR.