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 pulled the trigger on a 5% position going into the CBOT ( CME) pit grain closes.
We'll use 46.95 for a fill price for book keeping..
Both the Wheat and Corn put in ORH days so it was time to start a position.
I only put half on because I'd like to have some ammo to buy a wiggle down or more over 47.20 JJG.
I particularly liked the JJG rebound back over it's 200 day, coupled with the bottoming patterns for Wheat & Corn
JJG ? ETN
WHEAT
CORN
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