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'm moving my protective sell stop in the GLD to 123.80
Cancel the original order...
SELL GLD?? @ 125 Stp Close GTC
New order...
SELL GLD?? @ 123.80 Stp Close GTC
While I don't mind getting taken out of the Long below the 200 DMA, I don't wish to sell it into the 200 DMA.
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