December 4, 2013 - MDT - Trade & Order Follow Up OIL & TBT

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.

Oil.. I was looking for a rally into my # set @ 97.80 to sell. The Oil has gone straight up since 93 with out an 80 point set back.

Since we got an 80 point wiggle off the 97.50 high, which was all I was initially looking for, I canceled the sell order @ 97.80.

TBT...I didn't think you'd get quite this big of a move before Friday. Above 79 in the TBT we'll be looking for 82.

We lucked out with a better fill since the ETF's hadn't opened for trading before the Bonds imploded.

We booked 1% and now we have a free look.

It's typical that when things get up and go you're never as big as you want.

30 Yr. Bonds...In September I was looking for a test of the qtrly long term up trend line @ 129.08-10. This current swing can get us close.

TBT now becomes another Free trade just like AAPL (On the Houses Money) going into unemployment Friday.

You trade to make money!!

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