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.
Your working orders....
BUY EUR/AUD @ 148.20 GTC...
Yen Futures...
BUY 2 (50% of the Position) JYAM @ 9?8.93? Stop.
BUY 2 (50% of the Position) JYAM @ 98.17 OCO 9?8.93? Stop
Th?e? se are? all session 24 hour ?order?s?.
?If you wish to pull your order? between 4-6 CDT you can do this to avoid any possible over run by the bad bot computers hunting for stops between time zones.
The stop is your friend, use it as such.
If you do indeed pull your orders for a few hours you must put them back in!!!!!!
For Medium Term Outlook click here.
For Glossary of terms and abbreviations click here.