Canadian Investor's Home Page on the Internet
Welcome to my space on the Internet. This is a work in progress. If I can tear myself from other activities, I will try to update this page with information about Canadian Stocks that I follow.
One purpose is to maintain a summary of trading ideas. There are times when I post to the Internet a trading idea that gets lost amid other posts and that may go back many days. Someone may then have a question about what I am doing. It is just too complicated to give a road map of links and spend time explaining it all again. This way I can say, go here and follow along. Or later they may say, hey what was that stock they were talking about, I should have taken a look.
Let's face it, most people probably are not interested in what I have to say as we are dealing with a large universe of trading instruments and styles. Here I want to show that technical analysis is one approach to swing or position trading ( holding a stock for for more than one day but not buy and hold (hope). Technical Analysis (TA) can be so confusing to a newcomer as it is to the experienced trader. And as good as TA is, it does fail often and our brains from the training we get from our western education makes us then believe that it does not work and we then start looking for something that does. What I want to show here is that we have to change our thinking. Yes TA fails, but that is not a weakness. It does not mean we were wrong to use it. It just means that it did not work as planned and move on. The mistake we make is we want to be right and tend to hold on to that idea. If you hold a stock that has gone down 50%, then you are a victum of all that education that says you stay with it until it is successful. But in stock trading or investing, you have to have limits and move on. Some traders will say that if the stock goes down for example 8%, you sell it and find a new idea. Losing money is part of the process of winning overall. We are all handicapped by EMOTION. I have it and you do too I would presume. Lastly, remember to keep your TA super simple. KISS approach. There is no perfect TA signal or signals. But for me TA is better than nothing. You can stare at a price and volume chart all you want, but it is not going to tell you when to do a trade. Use my analysis here in conjuction with yours. Let's hope that great minds think alike. It would be a dull world if we all did the same thing and weren't creative. Keep Learning and be adaptive. Things change and so should your TA approach. It is not fixed. Oh, and before I end, be careful about what you read on the Internet or see on cable TV.Links
Not all links work on this page. Links with a CAPITAL will take you to another page. Otherwise the links on this page do not take you anywhere yet.
Links to External Websites
Blogspot Tradingtopics - this is where you will find my comments and questions.Updates to this site
This is not a production website where each day there is something new. At this time I don't know when I will do an update. Consider this site as an archive.
Last Update: July 11, 2010 - 11:00am (EST)Previous Update: July 8, 2010 - 11:00am (EST)
Trading is inherently risky. You should always seek professional advice before buying and selling stocks.