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Notes From a Cyber Trader


RedMars
(0)

330799 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


  • TFSA Penalties


    383 Reads | 2 Comments | June 12, 2010

    Over contributions and transfers??Getting nailed for moving your account is beyond comprehension. Leave it to "Dictator Harper" and his cronies  for giving it to Canadians again. ______________________________________________________________________________________________Roseman: Taxpayers hit with penalties on tax-free savings accountsJune 12, 2010Ellen RosemanThe Toronto StarMany Canadians...


  • Electronic Trading


    74 Reads | 0 Comments | June 11, 2010

       Institutional Investors and Electronic Trading____________________________________________Of Note:Experts say there's an ever-increasing trend to replacing high-priced human traders with low-cost computers.Two generations back, institutional commissions on TSX trades were fixed at something in the 15-cent-a-share range. A generation back,deregulation and competition had chopped fees to a...


  • Making money in milliseconds


    1796 Reads | 1 Comment | June 8, 2010

       High-Frequency Trading________________________Of Note:"It is a rigged game,"While legal, the practice pushes the envelope of what is fair, critics say, and raises questions about the advantages some fast-moving traders are gaining in the market.______________________________________________________________________________________________The Wall Street JournalBy SCOTT PATTERSONJune 4...


  • Why I Trade Penny Stocks - Part 17


    433 Reads | 0 Comments | June 6, 2010

    Best Weekly Net Sales So Far This YearBest weekly net sales this year May 31/10 - Jun 04/10.  -- $2,128.45Friday June 4, 2010 hit an all time high of $87, 635.76 (combined total of RSP and TFSA).Day ended @ $87,196.61This time last year balance was $28,070.23___________________________My weekly summary of trades from my day planner.(As well -- I track daily, weekly, and monthly results on...


  • Aggressive 10 portfolio


    181 Reads | 0 Comments | June 2, 2010

           Tuesday, June 1, 2010 8:45 PMThe Globe and MailHow to add some aggressiveness to your portfolioGordon EdallWhat are we looking for?Today we’re going to continue to explore how to crunch your way to a well-balanced portfolio.We’re relying on work done by CPMS – an equity research and portfolio analysis firm owned by Morningstar Canada – in setting up their Core 20 Model Portfolio.The goal...


  • Insider Trade Summaries -Toronto Stock Exchange - Jun 1, 2010


    175 Reads | 0 Comments | June 2, 2010

       Market Activity________________________________________________________________________________________________________Insider Trade Summaries- Toronto Stock Exchange Please read the Important Information tab before using this data. Last Updated: June 1, 2010 Learn more about the TSX Insider Trade...


  • Insider Trade Summaries - TSX Venture Exchange - Jun 1, 2010


    201 Reads | 0 Comments | June 2, 2010

       Market Activity________________________________________________________________________________________________________Insider Trade Summaries- TSX Venture Exchange Please read the Important Information tab before using this data. Last Updated: June 1, 2010 Learn more about the TSX Insider Trade Marker Report ...


  • Amanda Lang: Making it her business


    4653 Reads | 1 Comment | May 27, 2010

    Of Note:Now we finally have another Canadian station waking up and putting more emphasis on Canadian business as well as world business. Even though the anchors are from BNN the presentation is more eye appealing. Nice to see different guest anchors as well. BNN is boring to watch especially when its the only game in town and you figure out quickly its an outlet for the Bay-streeters to pump...