Canadian Stocks & ETFs

Discussion in 'Trading' started by ajgodinho, Sep 21, 2009.

  1. ajgodinho


    Hi Fellow Traders,

    Just joined Elite Trader Forum today and was hoping to connect with traders who trade the Canadian markets (stocks and ETFs). I do trade US markets too, but mostly in the Canadian markets.

    2008 was a great year for me and I focused more in the ETFs because you can trade them both ways (i.e. up and down) and of course some of them are leveraged.

    2009 has surprised me with the sustained rally we've seen. I expected a good positive rally, but didn't expect it to last this far.

    I'm looking to get into gold and gold stocks long (through ETFs), however, I think we are having a healthy pull-back, which will may potentially last until October (based on seasonality) and allow us to get in for a good rally into the end of the year.

    I based most of my decision on technical analysis and try to keep it as simple as possible. It's worked so far and I'd like to hear about others successful strategies.

    Good Trading,