Search results

  1. C

    Refco Stiffing Its Customers

    I believe you are referring to the CIPF (Canadian Investors Protection Fund), I don't know enough to go over this in detail, but I think it's somewhat similar in concept to our CDIC (which insures bank accounts).
  2. C

    Chart watch - TMTA

    TMTA experienced another strong move upwards today, ~10% gain, volume building, chart is looking great, though $1.50 may prove to be a point of interim resistance. Interesting thing is that there have not been any recent press releases by TMTA, only bits of apparent TMTA-related news are that...
  3. C

    Swing Trading Futures

    Well, margin is a form of leverage of course, but I think that my point re: risk here boils down to (for lack of a better way of putting it) "wiggle room". If you only have enough funds in your account to be close to maintenance margin, you are in danger of wiping yourself out entirely if...
  4. C

    Chart watch - TMTA

    Update - TMTA made a nice upwards move today, going to monitor closely tomorrow, hoping to see continuation. Looks like it could be starting to breakout upwards, optimism in the stock improving. As I mentioned previously, should have ideally waited for some upwards movement before opening my...
  5. C

    Swing Trading Futures

    So basically you are talking about having enough funds in your account as a buffer to avoid margin calls if the market moves against you in the short-term.
  6. C

    Swing Trading Futures

    This might be a somewhat naive question, but isn't swing trading a bit...dangerous with futures? I could see if you are hedging a portfolio, hedging risk (such as an airline using oil futures) or something similar, but the high leverage involved with futures means that you could take some...
  7. C

    Chart watch - TMTA

    Update - still holding my long position. In retrospect, I don't feel that I timed this trade very well, would have been lower risk to buy once an uptrend develops. That said, I'm going to continue to monitor the stock closely next week, earnings announcement should be in early November....
  8. C

    futures tanking!!!

    Perhaps relates to this? GM subpoenaed in accounting probe Wed Oct 26, 8:40 PM ET DETROIT (Reuters) - General Motors Corp. (NYSE:GM - news) said on Wednesday it had been subpoenaed by the U.S. Securities and Exchange Commission as part of a probe into its accounting practices and other...
  9. C

    Chart watch - TMTA

    TMTA is starting to look interesting again. Stock went for a big run around the time of August earnings, has since been gradually declining, but appears to have leveled out around $1.25. Ideally one would wait for confirmation of beginnings of upwards move, but I opted to open a long position...
  10. C

    Esignal or Realtick

    If you are looking for charting and data, I would strongly suggest considering QuoteTracker + a third party feed (such as IQFeed). I've been using the two products together for roughly a month now, and have only minor complaints. One is that QuoteTracker does not (yet) have integrated...
  11. C

    Housing Rolling Along 2

    Here is a Canadian perspective on this: Bank of Canada has now raised overnight rates twice by 25bps, first in September, again in October. Their brief PR at time of rate announcement indicates that further rate hikes through 2006 will likely be necessary in order to keep inflation in check...
  12. C

    Internet TV

    Very nice, thank you! :)
  13. C

    Pictures of your trading stations

    Plus a can of food for lunch? :p
  14. C

    refco + naked shorts

    Very interesting read. Makes you wonder - assuming that there are a number of companies that have had their stocks illegally shorted, and the entities behind it start to unwind their positions, we could see some very interesting price action in those stocks. One example is TASR...
  15. C

    Pictures of your trading stations

    Thank you, IRT was my guess, but I was still curious to confirm it. I'm fairly seriously considering migrating to MacOS platform over the coming years, partially because of security concerns, but there is a definate lack of charting programs and trading platforms available (aside from running...
  16. C

    Pictures of your trading stations

    If you don't mind me asking, which program are you using for all of that charting on your Macs?
  17. C

    Looks like TradeFreedom (Canadian brokerage) has some new toys...

    Oh, you mean the MBTX smart routing feature? Hadn't noticed that.
  18. C

    Looks like TradeFreedom (Canadian brokerage) has some new toys...

    Do you just mean their commissions, or have you had bad experiences with them? In comparison to other Canadian brokerages, they seem very competitive, though obviously they are not as low cost as IB Canada. That said, I'm going to be opening a new broker account next spring/summer, and...
  19. C

    Looks like TradeFreedom (Canadian brokerage) has some new toys...

    Sorry, what does MBT stand for? Telephone trades?
  20. C

    Looks like TradeFreedom (Canadian brokerage) has some new toys...

    Was browsing through the TradeFreedom website this evening, and noticed to my suprise that they have revamped their trading platform offerings. It appears that they are now offering the Axis/AxisPro platforms, though they have their own name for the platforms. Even more interesting is that...
Back
Top