November 26, 2014 – MDT Pro Tips. A.M.

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.

Holiday Schedule

This is the Final Research report until Monday.

Enjoy the Holiday.

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Current Positions

????????????????????????????????? ? ???????????????????????????? Entry????????? ? Stop????????????????? TGT

Long??Ford (F)???????????????????????????????????? 14.19?????????? 14.00

LONG? JJG?????????????????????????????????????????? 38.21

Long GDX 5 DEC 14 21 Call?????????????? .36

LONG SLV 12 DEC 14 16.50 Call????? .16

The above stops are Stop On Close.?? ? ? ? ? ? ? ? ? ? ? ???????????????? ? ? ? ?? ? ? ? ? ? ? ? ? ?

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Today’s Working Orders

These are both situational orders based on the underlying instrument.

The object is to take half the Calls off when the underlying instrument trades the strike.

Both of these orders are Good until Canceled.

SELL 20 (5 DEC 14 21) Calls when the GDX trades 21.?

SELL 40 (12 DEC 16.50) Calls??? ?when the SLV trades 16.50.

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General Comments or Valuable Insight

Expect extremely thin trading.?

Take a look Friday to see how the metals are acting going into the weekend vote in Switzerland.

?It would be great to get filled on half of those calls before the weekend.

 

For Medium Term Outlook click here.

For Glossary of terms and abbreviations click here.