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.
I tried a long off an ORH pattern yesterday in UNH .
I'm getting no love from the position.
SELL UNH @ 99.60 stop on close.?
This will be a Closing Trade
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.