RE:RE:RE:RE:RE:RE: freedomfiddy Hey Fiddy
Very cool & excellent stuff. Sounds like your bouncing around is really paying off and when things go like they have for you, I know it's a pile of fun. A big congrats to you.
It appears that the stocks you are trading are all included in my holdings other than CM (I hold BMO, BNS, RY, & TD for banks). I'm not a trader but given the overlap in your trades/my holdings, I think you might want to have a look at BIP.UN. It's a great company and has been really volatile lately so might be a good trading option. I think a good buy price is just above $52 (maybe 52.05) and a good sell would be anywhere over $53.
I used to do a bit of trading and I got into trailing stop losses which really worked well. The way they work is that once the stock has run up a bit, you put a stop loss in 2-3% below the current price and if it keeps going up, you just keep rasing the stop loss price. That way you end up selling near a short term peak.
Also, I think AQN is in a good spot for a short term trade at the price it's at now.
Take her easy and keep up the good (and exciting) work (now that you've become more of a trader)
Sarge
freedomfiddy wrote: SARGE - Appreciate your insight on CIX - I was trying to figure out why it was at a 5 year low - - and you are right as always - - I've been bouncing in and out of whatever divvy's I can get. ALA, TD, BNS, CM - you name it. In July alone, i'm receiving just a hair over 12 grand in divvy's, AND I managed to sell my TD on Tuesday, that I only just bought Friday (for the divvy), and made 2 grand there. Also managed a 27 grand win on ENB when the PUC made it's decision. My budget is 3 grand a month for expenses. In the last coupla weeks i'm covered for the next year or more, Life Is Good Sarge :)