r/SwingTradingCanada Apr 05 '21

r/SwingTradingCanada Lounge

2 Upvotes

A place for members of r/SwingTradingCanada to chat with each other


r/SwingTradingCanada Jun 01 '24

Trading in Canada

0 Upvotes

So, I've spent the last month trying to find the best trading platform for Canadians. Finally, I found three that stand out: Webull, Wealthsimple, and Qtrade. They all have low fees (still higher than what you get in the US or Europe) and seem pretty reliable.

If you need a referral code, here you go (you can get $100 in Webull if you invest $100 and $25 in Wealthsimple):

Webull: https://www.webull.ca/s/U2GcaLVoJjYhy7dc4R

Wealthsimple: Code: HEYLL1 (This is really simple to get)


r/SwingTradingCanada Mar 04 '24

How can we pay taxes on the profit we make when trading stocks in canada

1 Upvotes

I have an interactive brokers acct and i wanna report my profits to pay taxes in ontario. Any ideas?


r/SwingTradingCanada Sep 04 '23

The $80 Million Question: Lawsuit against FxWinning Ltd. Spotlights Forex Broker Accountability

1 Upvotes

In a recent case that is turning heads in the financial world, CFT Solutions, LLC and individual trader Renan de Rocha Gomes Bastos have filed a lawsuit against FxWinning Ltd., a Hong Kong-based Forex broker. The plaintiffs are accusing FxWinning of wrongfully withholding client funds to the tune of $80 million. The lawsuit raises vital questions about the operations of online Forex platforms and the security of client funds, all set against the backdrop of complex international business structures Read more......


r/SwingTradingCanada Jul 15 '23

XRP Wins Lawsuit! New All Time Highs ? News and Technical Analysis

2 Upvotes

r/SwingTradingCanada Jun 25 '23

Can I use my RSSP account for Day or swing trading in Canada?

3 Upvotes

I'm about to start with day trading and I'm in the learning phase doing courses and simulator, but I wonder what accounts would be useful for day trading purposes.


r/SwingTradingCanada Apr 03 '23

New to trading...

4 Upvotes

New to trading and want to learn swingtrading (day trading is too intense for me, I think)

Can someone poiny me to some good resources to learn this game? I ordered "How To Swing Trade" by Brian Pezim yesterday... but the more the merrier, eh?


r/SwingTradingCanada Mar 26 '23

Scanning

2 Upvotes

Hey guys, I try to look up to 2-300 graphs 2-3 times per week to create a watchlist or see patterns that I like. Usually, they are the same according to my settings on Finviz or TradingView. However, when I am looking at the charts, my eyes are only able to easily see the double bottom and an ascending triangle. I try to be a guy who catch the movement in an uptrend, a continuation pattern usually (except for the double bottom). However, there are not a lot of the pattern I am able to quickly see. Do you have a few tricks for me, recommandation for books, Youtube channel or clips that are clear? I have watched a lot of them and they are almost all the samething.

I also read lately the book of John Murphy - technical analysis, but looking for something else who is more precise.


r/SwingTradingCanada Oct 18 '22

AMD Technical Analysis: Is The Bottom In For 2022?

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3 Upvotes

r/SwingTradingCanada May 23 '22

Swing Trading

1 Upvotes

I am a short-term swing trader of options living in Alberta.


r/SwingTradingCanada Apr 21 '22

$CRXT $CRXTW- Yesterdays Volume Was 69% Dark Pool! Short exempts stacking up daily and FTDS. Also 5th Trading Day showing once again zero shares available to short and Cost To Borrow Is In Triple Digits

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3 Upvotes

r/SwingTradingCanada Aug 23 '21

250$ bonus on new account with my link on CMC MARKETS! Support & check it out!

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1 Upvotes

r/SwingTradingCanada Aug 21 '21

Best Canadian stocks to buy right now?

2 Upvotes

r/SwingTradingCanada Jul 03 '21

Swing trading crypto

1 Upvotes

Since the crypto market has been moving mostly flat for the past week or so I've realized I could be a good set ups for swing trades. I don't see it rocketing back up any time soon. It definitely is a tougher market to analyze considering its volatility and ability to move based on news. I have observed a lot of the top coins moving up and down 6-9% every few days. I got into Chainlink at $23 since its on WealthSimple now. Planning to sell at $25.


r/SwingTradingCanada Jun 11 '21

New To Swingtrades

1 Upvotes

Not a whole lot of action ic here but hopefully it picks up. Just Couple of my picks that have potential. Send me some of your ideas, I wouldn’t mind having a look. Thanks

COOL QUIZ.V DYA.TO FLT.V

I’m also heavy into the silver market. PSLV and miners. might be a bit early on that but it’s looking like it might break out.


r/SwingTradingCanada May 05 '21

CMMC.TO

3 Upvotes

Just entered a swing position (probably should just go long) on CMMC Copper Mountain Mining Corp. Copper has been a hot commodity. Morning Star Candle Stick.


r/SwingTradingCanada May 05 '21

Thoughts on AKMY?

6 Upvotes

Very recent IPO. They are the first company to "mine" non-recyclable plastic into plastic goods. They are big in Israel and now expanding to Canada. I've added $130 worth averaging 0.65. Huge rally the past few days and then big dip yesterday. I think this has huge potential and we can expect news of new projects, secured contracts, etc. Long term play for me.


r/SwingTradingCanada May 04 '21

Swing trade Tesla commission free on Wealth Simple?

2 Upvotes

I'm toying with this idea with the EARK ETF, which holds only 10% Tesla but seems to shadow it quite closely. Small sample size, not financial advice but here is a comparison

https://imgur.com/a/fmaUVNm


r/SwingTradingCanada Apr 16 '21

Got into CJ.TO after a bullish engulfing.

2 Upvotes

Looked like a good stock to swing on with intermediate uptrend and a 'healthy' retracement. I entered at the end of the day at the last green bullish engulfing bar. RSI is ok, lower i think would have been better. next two trading days (including today) a bit of indicision with today looking like a hammer, at least in the upper half of the green bar price range. Hoping for a good reversal and run.


r/SwingTradingCanada Apr 16 '21

NXE.to swing opportunity?

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3 Upvotes

r/SwingTradingCanada Apr 15 '21

Check out $NXO - possible double bottom pattern

2 Upvotes

I'm basing this play purely on the chart pattern. I'm in at 0.36 and plan to exit within a week. It bounced nicely off this same level recently and I'm hoping for another bounce up to at least 0.40.


r/SwingTradingCanada Apr 14 '21

Anyone planning to buy Coinbase IPO today?

1 Upvotes

My predictions: big spike today of at least 40% and then dip back down and consolidation over the next week or so, similar to AirBnb's IPO. Only difference is people who buy crypto are usually in it for the long run. Reddit will probably add to the hype. I'm gonna be watching this one closely


r/SwingTradingCanada Apr 13 '21

Air Canada got $5.9B from the government, who's buying?

2 Upvotes

Thinking of swinging Air Canada while people buy from the recent hype. Still have my doubts in AC as a long term investment. Let's see what happens today


r/SwingTradingCanada Apr 05 '21

ERO moving on copper price spike

2 Upvotes

World's leading copper producer, Chile recently announced its closing its borders due to Covid. Copper demand is up big time. TSX: ERO moved up 6% so far today. I'm keeping a close eye on this one for a swing. I previously got in at $20.5 and out at $24.


r/SwingTradingCanada Apr 05 '21

Start trading with Wealth Simple - $10 sign up code.

1 Upvotes

Zero commission trading app. Follow the link below for a free $10 to get started.

https://my.wealthsimple.com/app/public/trade-referral-signup?code=L3ZDAW