Welcome Fellow Trader,

This quick one-page guide was designed to let you know what to expect from Mark
on a day-to-day basis.
Please remember, that all investment decisions and holding periods are always up
to the individual trades. Mark Melnick does not offer stock picks or investmen
t advice, and nothing mentioned in the room by Mark or anyone else should ever b
e construed as such.
9:30am - 4:00pm: Intraday Plays
Time Frame: 0 minutes - 6 hours
Based on: Technical Analysis, Options Flow, Research, News
Conviction: Low to High
Trader Personalities: Scalpers, Intraday Traders
Throughout the day, I detail my intraday trades in options and stocks, with occa
sional longer-term ideas. As a rule of thumb, I often sell 75-100% of a position
when a profit can be secured. These profit can be anywhere from 5% to 100%, and
sometimes more.
Knowing what the market is doing overall helps me decide on ideas. I generally u
se SPY and QQQ to read general market direction.
9:30am - 4:00pm: Chatter Plays
Time Frame: 1 second - 3 hours
Based on: News or Research Event
Conviction: High
Trader Personalities: Scalpers, Intraday Traders
Depending on market conditions, I sometimes use chatter plays to exploit incoming
algorithmic action based on a news story. On rare occasions, holding times can b
e measured in seconds. These trades account for the majority of my home runs.
3:30pm - 4:00pm: Overnight Plays
Time Frame: 1 day - 30 days
Based on: Technical Analysis, Options Flow, Research, News

Conviction: Medium to High

Trader Personalities: Swing Traders
While many of my strategies are based on pure intraday technicals, I can gain co
nviction for overnight plays if there is something else attached like positive r
esearch notes, investing conference appearances, options flow, as well as my own
research. I usually look to lock in profits and let some ride, but sometimes I
immediately lock all in. I almost always do these plays through options expiring
in about one month..
Time Sensitivity
Breaking news stories are just as they sound. Sudden, quick, and relentless. D
ue to the high number of algorithms/blackbox traders whom trade off this news, s
econds become your most precious commodity when disseminating news stories. In
an effort to disseminate this news as quick as possible, I am forced to quickly
deliver information in a short amount of time
I will offer the following on these plays.
1) Whether Im buying or selling
2) Name of company
3) Conviction- Light or Heavy
4) Phonetics of the ticker symbol. Please note this is not fully the NATO phone
tic alphabet
5) Name of company
I use the following phonetics
A- Alpha
B- Bill
C- Charlie
D- Delta
E- Edward
F- Frank
G- Gary
H-Harry
I- India
J- Jim
K- Kilo
L- Larry
M- Mary
N- Nancy
O- Oscar
P- Peter
Q- Quest
R- Randy
S- Sam
T- Tango
U- Ultra
V- Victor
W- Wilson
X- Xray
Y- Yankee
Z- Zebra

i.e. If I'm buying MSFT calls with light conviction, I will announce the followi
ng
"Buying Microsoft calls light, Mary Sam Frank Tango, Microsoft"
This will allow me to pass the information in a time-like fashion
Stocks without Time Sensitivity
1) Option swings, including straddles/strangles
2) Overnight Plays
3) Intraday plays that I feel have little to no time sensitivity
Please keep in mind right off the opening bell, we are focused in to bring profi
table plays to the table
Please keep in mind right off the opening bell, we are focused in to bring profi
table plays to the table. I will throughout the day stop to answer questions in
chat regarding anything I can assist you with, from chart setups, trade thought
s, trades I took/trades you took. However, due to my unwavering focus in the ma
rket, you may get periods of silence as I am looking to bring the best opportuni
ties to the table.
Doji Sandwhich: Daily Candlesticks only
Bullish
1) Big Green Bar - 1st candlestick(usually has elevated volume)(or bullish engul
fing bar)
2) Doji Star - 2nd candlestick
3) Gap Up the next day(the more, the better)
4) Chance of an outsized move to upside, 87%
Bearish
1) Big Red Bar - 1st candlestick(usually has elevated volume)(or bearish engulfi
ng bar)
2) Doji Star - 2nd candlestick
3) Gap Down the next day(the more, the better)
4) Chance of an outsized move to downside, 87%
Conviction:
1) the larger the 3rd day gap, the higher the conviction
2) the more moving averages your above helps bullish conviction, and vice versa
for bearish
Parameters
1) Did not use oil/metals/natural resources(or names that move strictly on them)
2) The name had to be sexy
A+ Triggers
Bullish
Difference in price between the top of a candlestick, and the top of the first c
andlestick you will hit when you move to the left. You take the following into
consideration.
1) Difference in price(%)
2) The further the trigger is away, the more algorithmic volume will come in.
3) Time of day (9:30-11:00am 2:30pm - 4:00pm is highest conviction)