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.
TBT...cancel the remaining buy orders @ 76.20. I was impatient not to wait for today and I don't want to see it make a new low for the day.
SSO....The Piece bought yesterday MOC
We are going to use a 94.90 intra day stop on that 5%
Sell SSO @ 94.90 Stop GTC...Good Until Canceled
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