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.
Deutsche Bank...We're currently working a 29 stop on close.
Since were just flirting with the level, I'll run the position into tomorrow's NYSE opening.
If we open lower tomorrow I'll likely just liquidate it after tomorrow's NYSE opening.
?Cancel the order to SELL DB @ 29 Stop On Close?.
I bought a few APPL calls for some upside with a defined downside.
Buying a few calls let me limit my maximum downside.
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