September 11, 2013 – MDT – AAPL Update

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 long with an intra day stop below the low.

I like the price action and the early low.

The world is downgrading Apple creating a massive puke.

Short term traders should use an intra day stop @ 463.

Sell 30% of your position @ 481 to pay for the trade.

For Glossary of terms and abbreviations click here.