RE: Do Not Expect an UpsideMillionsTrading...you must mean shorting ....you obviously don't hold RY but are planning a short...which may work to about 28.00. But I would say that shorting now carries a lot more risk.
I hold 3000 shares @ just over 30.00 earned 1500.00 already in a dividend last week... missed 500 more by one day. Earned a premium 3 times from selling Covered Calls. I am getting paid to wait NOT gamble like those shorting...or day trading.
Everyone has their style and no one method is perfect. But holding month to month has been working for me so far,
since 2009 started.
I see the over all market building to a pop here soon there is some thing like 42-46 trillion dollars world wide sitting on the side lines and RRSP season is just about done -those fund managers need to start to put that money to work.
RY is making MONEY good money and is trading even at this price at BOOK so lets not be to hard on the Canadian Banks here OK.
Cheers