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Notes From a Cyber Trader


RedMars
(0)

330795 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


  • Juniors left out of mining rebound


    1835 Reads | 2 Comments | March 10, 2010

    Junior Mining Sector____________________Of Note:Money may be flowing back into the mining sector... butjunior miners are still falling behind bigger players when it comes to finding cash.Average daily volumes on the TSX Venture Exchange, of which about 50 percent is mining stocks, have fallen.____________________________________________________________________________________________Juniors...


  • Canada's high-frequency traders


    6461 Reads | 2 Comments | March 8, 2010

    Of Note:[In short - organized plundering.]... High- frequency trading..."I just made $82,000 in one second."Traders can gather and interpret market data, and buy or sell securities in response, in milliseconds (thousandths of a second) or even microseconds (millionths of a second).The advent of wafer-thin spreads knocked traditional brokerages for a loop, and wiped out day traders.High...


  • Before you hit 'buy'


    1798 Reads | 0 Comments | March 4, 2010

    Online Trading____________Of Note:After a year of stellar new account growth, these brokers have made a priority of trying to help newcomers become effective investors.There's some self-interest here as well, of course. Clients who buy and sell investments generate commission and fee revenue. Nobody - neither brokers nor clients - benefit when money lies fallow in an account for extended...


  • Word hard / play hard / die hard


    886 Reads | 0 Comments | March 2, 2010

    Brokerage business___________________Word hard / play hard / die hardGordon Capital is long gone, but you can see its influence everywhere on Bay Street. There's the ranks of powerful alumni, the pre-eminence of the bought deal-and, of course, the sex in the bathroomSinclair StewartNews from globeandmail.comA little more than 25 years ago, a handful of partners at Gordon Capital Corp. filed...


  • Market makers


    257 Reads | 0 Comments | February 28, 2010

    Online Trading____________Of Note:Online traders, and especially swing traders and position traders who want to trade immediately, need to be aware of organizations that function as market makers.There are about 300 market makers altogether in Canada.In return for the liquidity they provide to stock markets, market makers make profits on the spread – and move on to the next trade.______________...


  • Charting the right online course


    151 Reads | 0 Comments | February 27, 2010

    Online Trading____________Of Note:If you're an online investor and are thinking about trying your hand at swing trading or position trading with stocks, a good place to start is with charting basics.The quest? To find predictions, patterns, and probabilities in the behaviour of stock markets – which is behaviour of institutions and individual traders in the markets – that...


  • Taking control of your investments


    183 Reads | 0 Comments | February 26, 2010

    Online Trading____________Of Note:More Canadians are taking the plunge and managing their own investments.But experts say that doesn't mean do-it-yourself is right for everyone."Unless you're prepared to spend two to three hours a week reading and researching, then you should not be entertaining the notion."________________________________________________________________________________________...


  • Why I trade penny stocks part 10


    256 Reads | 0 Comments | February 22, 2010

    On above average relative volumeRe: BSM Technologies Inc. GPS-V... Stock History Next Date Open Day High Day Low Close Volume ...