Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Notes From a Cyber Trader


RedMars
(0)

330727 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


  • From rookie to ruler in four years


    258 Reads | 2 Comments | November 25, 2010

    Online Trading_______________Of Note:Most brokerages consider 20 trades a month as being active.______________________________________________________________________________________________From rookie to ruler in four yearsThursday, November 25, 2010Questrade's trading chief thrives on the intensity of swiftly moving markets. 'There is no room for mistakes in my job'MARLENE HABIBSpecial to The...


  • Day trading takes ‘rithm


    272 Reads | 2 Comments | November 24, 2010

    Active investing________________Of Note:Gone are the days when day traders – outfitted in boxers and a T-shirt sitting at their kitchen table with nothing more than a browser and a lot of java – effortlessly raked in the cash.______________________________________________________________________________________________Day trading takes ‘rithm TRACY TJADENFrom Thursday's Globe and MailPublished...


  • Single-stock circuit breaker eyed for Canada


    81 Reads | 0 Comments | November 19, 2010

    Equities_______The Investment Industry Regulatory Organization of Canada issued a plan Thursday to create single-stock automatic circuit breakers “to address rapid, significant and unexplained price movement … that calls into question whether there is a fair and orderly market for that security.”______________________________________________________________________________________________Single...


  • Phoney Web postings on online investor site


    89 Reads | 1 Comment | November 13, 2010

            Toronto investor relations firm hammered for phoney Web postings  By David Baines, Vancouver Sun November 13, 2010In April, the Ontario Securities Commission levelled allegations of serious misconduct against Toronto -based A-goracom Investor Relations Corp. and its two founders, George Tsiolis and Apostolis Kondakos.The commission accused the pair of directing their employees to pose...


  • Why I Trade Penny Stocks - Part 24


    148 Reads | 4 Comments | November 10, 2010

    Retail Day Trading NotesFor those who are wondering if anyone is completing regular daily trades on the TSX Venture Exchange, I hope my "Why I Trade Penny Stocks" posts shed some light on some of the workings of trading from your RSP and TFSA accounts.______________________Its become very apparent that even though RBC Direct Investing has a "hyperactive trader status" level, they have...


  • RBC Direct Investing


    355 Reads | 2 Comments | November 8, 2010

            Site has been "out of sorts" since the beginning of the trading day.Took 20 minutes to speak to someone only to be told they are experiencing technical problems.Some stocks have passed my sell/buy price but nothing shows up on the activity page.Have my orders gone through? They cant even confirm this during our conversation. Retail traders are at such a disadvantage. You can bet that...


  • Income Trusts - 2006 Halloween Massacre


    162 Reads | 0 Comments | November 7, 2010

    Investing_________Of Note:But the initial panic and horror has subsided since the value of a leading group of businesses organized as income trusts or limited partnerships plummeted by $35.6 billion.Even now, a few weeks before the Jan. 1 implementations of the much-resented tax changes announced by Flaherty, the value of those investments is holding up, and in some cases rising.Whatever the...


  • Why I Trade Penny Stocks - Part 23


    254 Reads | 2 Comments | November 7, 2010

    For those who are wondering if anyone is completing regular daily trades on the TSX Venture Exchange, I hope my "Why I Trade Penny Stocks" posts shed some light on some of the workings of trading from your RSP and TFSA accounts.October 2010 ResultsExperienced a strong number of trades for the month of October (but 9 less than September.)Most of my stocks are under 10 cents but are creeping up...