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.
Buy a 25% position in AUD/JPY @ the market.
This is Long Australian Dollars / Short Yen ( Long Dollar / Yen).
We’re only going for a nibble since the stop is farther away than i usually prefer. The Stop is around 93.30.
We’ve had a monster year and we’re keeping our bets very small.
We’re trading at 93.85
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