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WELLCOME TO MY BLOG.
"Don't trade when there aren't clear opportunities" Jesse Livermore "The only way to "get better at trading" is to practice dealing with losses, with money, with your real trading system "Rob Booker "There are old traders and there are bold traders, but there are very few old, bold traders." Ed Seykota "Don't think about what the market's going to do; you have absolutely no control over that. Think about what you're going to do if it gets there"Bill Eckhardt

Saturday, February 11, 2017

CANADIAN STOCKS

Hi,this year 2017, we will be concentrating on Canadian stocks.
The exchange rate with US dollar right now is high and to start a new portfolio of 25000 will take much more of Canadian dollars.We may take occasional US trade esp options.
Trading with Canadian stocks one have to watch for volume, even so 60% of traders on TSX are foreigners.
We made a first run with IFP.TO. The entry was 15.52 on Feb 8 and now the price is 17.11 our first target is 17.39 second target 19.65
We did not announce this trade, since our portfolio is still not ready,probably will start next week.
The commission is 9.95 either way.
Similar chart is XSU.TO probable target 30.69

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