Sulja Bros. Building Supplies, Ltd (SLJB)

[jbgoodtrader]

Totally agree with you Jim.

In my own case, I got involved with the Stock Market back in 2000, when the Business Reporter on the local TV station here in London, ON went down to the Swifttrade Securities office downtown to do a report on Professional Daytrading.

At the end of the day, he had made over $700US in profit, paper trading on their Trading Platform. I mentioned this to a friend (one of the very few LOL!), & he said that I would probably be good at this also.

To make a long story short, we both paid a $1000 each for me to do the 1 week course to qualify to Daytrade here in Ontario, but when it came time for mike to pony up the $25,000US min. for the trading account at Swifttrade, he was all talk & no action.

I thought about using Swifttrade's Trading Platform at home, but I didn't feel comfortable without the support of 15 or 20 other traders in the same room.

Besides, Daytrading as it used to be, was killed by the Decimalization of the system. Daytraders would make money on the spread between the Bid & Ask, & when the Stocks were in fractions, the min. fraction traded was 1/16th or 100 divided by 16 = 6.25 cents. Now the spreads can go right down to .00001 etc. Sure Swifttrade Securities are still Daytrading, but it's not as easy anymore, & probably even riskier now.

So, now I'm forced to resort to Swing or Momentum Trading Penny Stocks, & I end up holding about 4 or 5 because I got caught up in them. Grrrr!

John Good