Canadian Stock Pick of the Day - Understanding How it Works

Canadian Stock of the Day is for traders who are looking for a Canadian Stock to trade each day. I base my picks on Canadian Stocks I follow on the TSX or Venture Exchange, watching for a swing in the momentum upward. I keep a tight stop loss on all trades to minimize my risk... and allow the great stock trades to continue rising. These are not recommendations... merely entertainment. Please see the warning at the bottom of this page.

If you have any questions, don't hesitate to contact me @ contactdoctorstock@gmail.com. For a US stock of the Day, look at http://usstockoftheday.blogspot.com. Also, you may not be a short-term trader... for more stable, longer-term trades, check out http://investinthemarkets.com.

Friday, June 10, 2011

Canadian Stock of the Day Pick for June 11, 2011

Good day...

Well, for such terrible markets, we are off to a good start.  
  • LIF.UN.TO - triggered a buy on June 10 at $66.40, ending the day at $67.01.  I'm placing my stop loss at the purchase price of $66.40.
  • For June 11th, I'm keeping my AVL.TO order @ $6.35 (stop loss at $6.25).  Let's face it... for a horrible day for commodities, this one held up just fine.   
So far, the running tally reads UP 1%.

See you tomorrow!


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