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Author Topic: Canadian Day Trading
HasmirFenring
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Wondering if you guys know of any good Canadian stocks to daytrade? I just got level 2's and I am looking for some good stocks to pinch some small gains off of, nothing over a buck though (so yes, risky and lots of monitoring, but so far succesfull). NXA and TAH both have high volume and a little support...... Any others?
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GREGDOGG
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I just posted a few, take a look and let us know you opinion.
Posts: 1171 | From: B.C. CANADA | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
HasmirFenring
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I haven't done much DD on any of those but at first glace of the charts the volume is a little low for what I am trying to do. I know that finding high volume and stability in a stock under a buck is a little rare but I have found a couple...And with level 2's I find it hard to "miss" market sentiment in either direction so I don't mind the risk (yet, heh heh). Like I said, TAH is on my list now, although it doesn't move much each day. IZP as well, uh also DMX a little...see what I mean, high volume...But knowing you gregdog it won't matter and all of these picks will be up 30% by next week!!
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GREGDOGG
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Hey, that sounded like a compliment, thanks, but lately undeserved.

TAH's been around for a while, since Dec. 03 still looks pretty good

IZP and DMX look fishy, if I'm looking at the right ones,

IZP http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=CA%3Aizp&sid=0&o_symb=CA%3Aizp&freq=1&time=8

DMX http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=CA%3Admx&sid=0&o_symb=CA%3Admx&freq=1&time=8



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HasmirFenring
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Ya I agree I think, I am trying to stick to stocks on the way up when it comes to scalping trades...These have made me a little cash on a couple of trades but with such stocks maybe it is only a matter of time before my profit gets burned....I can't resist the temptation to bottom feed though hee hee
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northernprophet
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A potentially good trade:
BRA toronto BIOM nasdaq
It is getting to the point it has bounced off of previously in the past few years.
But wait for it to go a little lower.

Posts: 268 | From: Edmonton, Canada | Registered: Feb 2004  |  IP: Logged | Report this post to a Moderator
   

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