While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
We're filled on the VIX call spread @ 65 cents.
The spread has gone 70 bid a couple of times.
I was clearly premature not waiting for the AUD/JPY to trade closer to the stop level to enter.
The spread was done as a token "Risk On" trade.
The end of the day might show I was premature in taking profits in the Vix as well.
It's a long day. Trade your Time Frames and Capital Flows.
Keep your trades small.
Spu's...need back over 1744 late day for any type of recovery.
For Glossary of terms and abbreviations click here.
