Day Trading in Canada?
What would happen if all I did all day was bet on the Direxion Triple funds like FAS and FAZ (financials triple long/short)? What happens if I make 1000% in a year because of how easy it is today. heck it was a no brainer today to buy FAS at 2-2:30pm EST today and that was around under 8.50 per share then. It closed today at 9.90 which was over 10% in over an hour time! Not only that, but I would put a stop loss at 9.10 area under the support of 9.16 and look for more gains tomorrow and not sell at the end of the day.
As a Canadian, am I aloud to keep buying and selling US Stocks?
If not, there are great double yield ETF day trading stocks here in Canada
If I have a Canadian Dollars account, is it aloud and do I pay for a US Exchange fee of some sort?
If I have a USD account, do I pay fees for deposits and withdrawals to the trading accounts?
Who do I trust with my money? ETFC (E-Trade) seems very hard to trust as their stock has gotten beaten down so badly as they were losing way before the economic collapse of October/Nov 2008. Should I trust them if the economy even crashes more?
TD Waterhouse? Are they good?
Right now I trade with Scotia, but I can only trade intermediate/longterm which I do not want to. I want to be able to buy at 2pm and sell at 3:55 type deal where I am not able to do that now.
Thank you all whom can help me out 
Sorry Dude, but you are obviously a rookie, but to answer your questions. You can buy in Canada using TD Ameritrade. The two stocks you mentioned are inverse to each other. You think you are good, but you will go down in flames. You are looking back on the charts, and have no more idea where the future is tomorrow than anyone else. You have no strategy, without a strategy, you have a 50-50 chance of choosing the right stock on any given day. Look back on each of the charts, even the two stocks you are looking at are fickle. BUT good luck. The stocks will be traded in US funds. Canadian Stocks will be traded in Canadian Funds. TD Ameritrade is most excellent.