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.

Thursday, June 30, 2011

Canadian Stock of the Day Update

At the start of this week, I hold no positions in this portfolio.  So far, I have had three stocks up, two at even, and now another one up... for an overall profit of 7.5%.

I chose ATH.TO on June 29th @ $15.17 and it closed today @ $15.20, an even trade for now.  I'm keeping my stop loss @ $14.99.

I chose TDG.TO on June 30th @ $8.30 with a stop loss @ $8.21 and it triggered, closing the day @ $8.38, a 1% gain.

With the Canadian markets closed on July 1st, I'll be back this weekend with a new pick for Monday.  See you then!
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