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

To: Buckey who wrote (12481)	5/11/1999 9:45:00 PM
From: Mike Perras	Respond to of 62348

To The Thread: I started a Investment Resource Thread .. a thread that collects great investment links. Hope you'll drop by & maybe add a few sites. Subject 28236 Thanks guys, Mike

To: Buckey who wrote (12481)	5/12/1999
From: keith massey	Read Replies (1) \| Respond to of 62348

John....LOL - great picture (Thanks for the crown S.Y.R.) Although I am almost even on NCT after today's close I will wear the hat proudly for mistakes made in the past couple of days. I have the 5 year, 5 day (5 minute bars) and 1 day (1 minute bars) charts pasted on my wall with the mistake buys circled. I don't plan on trying this again in the near future. Although I was buying at support (with cross verification in different time frames with several indicators) with this type of powerful downward move I should have been smart enough to know that even large support levels might be broken. The shorts were playing games and I got played good. The stops saved me from taking any big losses but it sure hurt the pride. That last flip up was the only thing that salvaged the day. I will repeat this for the thread one more time Never go against the general stock trend Never try and catch a falling knife..you might get cut Rules I did follow (but who cares because I lost) - used stops on ever trade (fairly tight, placed below key support levels with minimal loss on each stop) - only bought at support (cross verified) when momentum slowed and depth showed support (should have waited for upward momentum but I got greedy trying to find the exact bottom) If making money trading stocks was easy everyone would be doing it. Just another lesson well learned. Best Regards KEITH