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Stopped out doing what? This was a wonderful day to short CAD. I wish I could trade FOREX. I don't have that luxury where I work. At least, not directly.

This is another reason why I am longer term bearish on the CAD. A higher Canadian dollars has a negative effect on Canadian exports. This puts pressure on the Canadian GDP. A high Canadian dollar isn't sustainable. Many have suggested that the Canadian dollar at 92US cents is more...

Actually, studies have shown that you are more profitable focusing on the extremes: either day trade with low fees, or trade for the long term. Swing trading is generally less profitable. I'll try to find the studies for you. I think it is a mistake to restrict yourself to a single...

I NEVER said I am an expert. I did say that a "Person" can be an expert. You attacked me with a reference to my day trading. I AM a beginner as a day trader. However, with 10+ years analysing the world economy as a whole, I have considerably more knowledge at the macro level than that of a...

Fool, learn to read! This is all I wrote in response to, "Batten down the hatches!" "Instability cause panic. Panic causes a rush back to the US dollar. If there is to be instability, Short CAD and Long USD!" This is a hypothetical. IF THERE IS TO BE INSTABILITY! I NEVER EVER said...

I didn't say that I was an expert. I made the statement that a person can be an an expert without knowing anything about day trading. Day Trading is a short term play. You would make a very different choice if you were investing for the long term. Furthermore, CAD, USD, TSX and DOW did...

I was responding to Bond_Traders belief that CAD was going up today. He wanted to go Long on CAD. This would have been the wrong trade today. Some of you really need to calm down and stop taking things so seriously. "You are clueless. Seriously, anyone who thinks shorting $CAN is the...

Today, was a pure demonstration of my inexperience. I got into LDK at abt 10:25; I was kicked out as it went back up between 10:30 - 11:00. I should have just hung on. It was so very clear that that stock was headed lower. I then made the mistake of trying to go long, but by then the trend...

I am getting killed on the loss limit I have had to set for myself. Started the day by shorting LDK at 14.6. I was forced out. Each time I get in again, I am forced out. If I had been allowed a larger short term loss, I would have profited hugely. Currently it is at 13.82

... and down she goes ... http://www.rttnews.com/Content/CurrencyMarket.aspx?Node=b3&Id=1558377

:) I'm certain I missed quit a few "by name". In my haste, I didn't review all 13 pages of this thread to identify names. I'm sorry.

Short CAD. CAD is already down ca.finance.yahoo.com Long USD. Dow and S&P will be down. TSX will be up because of gold and oil, but will falter as the day progresses. Watch the USD recovery tomorrow...

ksmetana, Great read. Thanks very much for your help. And thank you everyone else as well, ElecEquity and others. I'm sorry that I have offended a few. It was never my intention.

Roark, this wasn't a money making issue. I was just trying to explain how panic can cause a rush back to the US dollar. The current panic in the ME isn't big enough. It is only large enough to prop up the price of oil and gold which is CAD bullish. However, if real hell breaks lose in the...

Jeepers, Now I am being attacked in another thread. Am I wrong to believe that I might know a little something about the world economy at the macro level, while being a complete 'noob' in trading?

Fireplace, Do you understand the difference between Day Trading and reading the markets as a whole? A person can be an expert at understanding the macro situation, yet know nothing about trading!

On closing, stocks that have had a nice run up or down during the day, will often settle down/up a little at the end of the day. You can profit if you short/long 15 or 20 minutes before close.

Thanks ksmetena. How do you guys plan on trading this Middle East situation tomorrow? Gold and Oil are way up. Today is a holiday in Canada and the USA. I anticipate a start of the trading day jump in the TSX followed by it falling, perhaps below 'zero', towards the end of the trading...

When I was sim trading as soon as the bid or offer ( whether buying or selling) was achieved, the order would complete. When trading live, there was often a delay because others were competing for the same price. As I understand it, the order completes according to first come first serve. In...

I don't agree Roark. The bid/offer can't be represented accurately in sim mode. It wouldn't be fair if were accurate because it would screw up the pricing for everyone who was trading live. There must be 100s of thousands of people around using sim applications; imagine if they were all...