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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


  • Risk and RRSPs are a bad match


    178 Reads | 2 Comments | October 9, 2010

    THE BUY SIDE_____________Of Note:Just as gains in your RRSP are not taxable, losses in it aren't tax-deductible either, so there is nothing to cushion the pain of losses.___________________________________________________________________________________________Risk and RRSPs are a bad matchAVNER MANDELMANOctober 8, 2010The Globe and MailAvner Mandelman is a director of Venator Capital...


  • Bidding wars heat up for junior miners


    188 Reads | 0 Comments | October 9, 2010

    Resources_________Of  Note:The mining industry is in the middle of one of its perennial takeover binges...The gains haven’t stopped there because once a takeover bid is announced, speculators and hedge funds inevitably pile into the stock of the target company, driving prices higher still.Analysts say the takeover frenzy still has legs, with the best gains likely to come from junior companies...


  • Why I Trade Penny Stocks - Part 22


    245 Reads | 5 Comments | October 6, 2010

    September 2010 ResultsExperienced great number of great trades for the month of September. Except for LGO.V which is now trading around 27cents all of my other trades are under 20 cents. Most are under 10 cents.My gross sales for September 2010 were $14,431.75Net =  $13,187.70(179 trades @ 6.95 = $1,244.05)August was my highest net sales month this year @ $6,866.40 - My Sept sales nearly...


  • TMX to launch alternative trading system


    309 Reads | 0 Comments | October 5, 2010

    Stock Market______________Of Note:About 30 to 35 per cent of trading volume now moves through alternative platforms.Should its application be approved by regulators, TMX Group Inc.,(X-T31.690.230.73%) will become the first Canadian company to run both a registered exchange and an alternative trading platform.A new trading system dubbed TMX Select.Select will also offer what is known as price...


  • Broken promises mark foreign mining deals


    205 Reads | 1 Comment | October 5, 2010

    Resources_________Of Note:An investigation by The Globe and Mail has found that commitments made under the Investment Canada Act are not only difficult to enforce but also provide ample room to be breached, amended or even rescinded. Most foreign resource companies that have taken over major Canadian metals and mining firms in the past decade have been able to avoid living up to at least some...


  • Insider Trade Summaries- TSX Venture Exchange - Oct 4, 2010


    243 Reads | 0 Comments | October 4, 2010

    Market Activity_____________Insider Trade Summaries- TSX Venture Exchange Please read the Important Information tab before using this data. Last Updated: October 4, 2010 Learn more about the TSX Insider Trade Marker Report Top 10 Stocks By Net Buys Volume Symbol ...


  • Insider Trade Summaries- TSX Venture Exchange - Oct 4, 2010


    0 Reads | 0 Comments | October 4, 2010

    Market Activity_____________Insider Trade Summaries- TSX Venture Exchange Please read the Important Information tab before using this data. Last Updated: October 4, 2010 Learn more about the TSX Insider Trade Marker Report Top 10 Stocks By Net Buys Volume Symbol...


  • Dig deeper


    107 Reads | 2 Comments | October 3, 2010

    Investing_______Of Note:In the fall of 2008, they experienced sheer terror as stock markets took their Niagara Falls-like plunge, a deluge that shattered investor confidence. Then, for those who didn't cash out at least, there was there bound that began the following March, which sent equities soaring like a geyser.Equity markets look less thrilling today, but the mood is generally positive...