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Notes From a Cyber Trader


RedMars
(0)

330583 Reads | 868 Comments | 196 People call this a favourite

I'm a retail ("same day"/swing) trader who trades between 40 and 60 trades a month. I primarily trade from an RSP and secondarily from a TFSA account through a discount broker. I'm convinced the whole marketplace is set up to position the "retail trader" at a disadvantage - Starting with you're very own online discount investing broker! 99% of my stock picks are from the TSX Venture board. I do not make stock recommendations. Those who do, do it out of self interest and prey on others so that they can sell them their stocks in the end and then announce they closed their position. Why else would you tell someone to buy?? As Ayn Rand professed - There is no such thing as altruism. I will on occasion disclose stocks I routinely trade but do not recommend them. Its your job to pick your stocks and develop a trading strategy. My blog includes info on: - Mining and Energy Stocks. - Online trading - Technology - Current events - Books/Music


  • Why I Trade Penny Stocks - Part 25


    201 Reads | 2 Comments | December 8, 2010

    I am a retail trader and all of my trades involve TSX Venture Exchange companies. My "Why I Trade Penny Stocks" posts are meant to shed  light on some of the workings of trading from your RSP and TFSA accounts._______________________________This chart is taken from my RBC Direct Investing Account. It tracks the progression of both my RSP and TFSA trading accounts.It only goes back as far as Jan...


  • Annual online brokerage survey


    241 Reads | 0 Comments | December 7, 2010

    Qtrade takes top spot again in Globe's annual surveyNovember  2010For the fifth straight year, Vancouver-based online broker deemed to offer the best all-around packageROB CARRICKrcarrick@globeandmail.comClear winners are emerging in the online brokerage price war.Investors, for one. They've been paying less to buy stocks and bonds since commissions began to decline this fall.Some online...


  • Trading patterns point to leaks in takeover deals


    148 Reads | 0 Comments | December 4, 2010

     Regulation____________Of Note:The Globe and Mail that indicates a pattern of suspicious trading on Canadian markets, despite the efforts of regulators.The striking trading pattern suggests either that some players possess inside information about imminent deals, and are making illegal profits at the expense of others, or that there are savvy investors unusually prescient in figuring out just...


  • 2011 will be big year for deals


    150 Reads | 0 Comments | December 1, 2010

     Outlook_________Of Note:The frenetic pace of merger activity in the mining sector is expected to continue into next year as companies with stockpiles of cash compete for shrinking resources.Nearly three-quarters of Canadian mining executives say they will likely pursue deals in 2011...More than half of the world's merger and acquisition deals happen in Canada, which is home to a third of the...


  • Eric Sprott -- Silver as the next big investing windfall


    218 Reads | 2 Comments | November 30, 2010

    Precious Metals_________________Of Note:Eric Sprott is more bearish now than he was a decade ago...“You've had the housing crisis, the lending mania and now you have a sovereign [debt] crisis ...It is “entirely possible” for markets to fall back to the lows of March, 2009...I think the gold-to-silver ratio is going to go back to 16 to 1 given the passage of time, say three to five years.And I...


  • OSC probes share trading prior to Chariot takeover


    142 Reads | 0 Comments | November 29, 2010

    Regulator____________Of Note:While acquisition targets typically surge on the day that news of a deal comes out, in Chariot’s case, most of the juicy gains happened before the announcement. The shares rose 28 per cent in the week before the deal became public, but only 5 per cent in the session after executives formally revealed they’d reached a deal.Suspicious trading in Chariot in advance of...


  • RCMP to probe Taseko controversy


    128 Reads | 0 Comments | November 28, 2010

    Securities Law________________Of Note:The Vancouver-based mining company has been the focus of a political uproar amid questions about unusually heavy trading in its shares on Oct. 14 — about 2 1/2 weeks before the federal government blocked construction of its main mining project on environmental grounds.__________________________________________________________________________________________...


  • 13 Rules for Making Good Trading Decisions


    113 Reads | 0 Comments | November 26, 2010

    Tips for Traders ______________-___Rule #13Do more of that which is working and do less of that which is not._________________________________________________________________________________________________11/22/2010 11:27:00 AM13 Rules for Making Good Trading DecisionsThe following is a portion of Dennis Gartman’s famous list of trading rules.Rule #1Never, ever, under any circumstance, should...