Happy New Year!!!

No good Bounce trades for the Month of December!!!

See you next Year!!!

Trade of the day, HEAR!!!

What an almost perfect bounce play trade on HEAR. Went long 1000 shares at 3.20, and sold it 2 hours later at 4.10 for a $900 profit. I wish trades like these would appear every morning.

If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!

Trade of the day, NYMX!!!

Caught the bounce on NYMX today when it opened down at a crazy level because their Phase 3 study failed. Went long 3000 shares at .65, pretty much right at the open. I placed my stop right at .64 and decided just to ride this stock out till the end of the day, or until it gets to one dollar a share. Most stocks that collapse to way under a dollar a share after trading above $5 or more the perivious trading day rarely get over back over a dollar when they bounce, so decided to sell at .97 for a nice $960 profit today.

If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!

Trade of the day, ARCP!!!

So I saw a perfect bounce play forming mid-day on ARCP when it formed a spinning top with higher volume after a gap down on the open.Went long just 500 shares at 7.90, and sold it at 8.74 for a quick profit of $490 in less than 45 minutes.

If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!

Trade of the day, PTIE!!!

I'm back from another hiatus on this blog. I'll try and keep up with posting as much daytrades as possible on here. Anyways, executed a great trade this morning on PTIE. Went long only 900 shares at 1.67 hoping for a nice bounce. Trade went according to plan, and sold it at 2.10 for a quick $387 gain.

If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!

Trade of the day, FREE!!!

                  So I was only looking for FREE to close its' gap price from yesterday's close to catch a quick bounce, and it somewhat worked out decently. When long 2500 shares at 2.49 after a nice reversal hammer formed on the 5 minute chart. I was looking for a profit target of at least  .50 cents (hoping that it was going to bounce back to the low 3's), but unfortunately it didn't get that far, and I sold it at 2.74 when my trailing stop got hit. Still a nice profit though of $625. I'm most likely done posting trades on this blog for 2013, so have a great new year, and see you in 2014 with more of my "Trade of the day".

If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!

Trade of the day, SRPT!!!

                     My trade of the day is usually a daytrade, but today it was a swing trade from yesterday. SRPT had a somewhat high short interest after the huge 55% down gapper on Tuesday. When a hammer formed after Wednesday's close on the daily candlestick bar, I knew going long on Thursday's open will be the best opportunity for a nice bounce until at least Friday afternoon. Most shorts don't like to hold positions over the weekend especially after a nice gain from SRPT 55% down gapper. Decided to go long 500 shares of SRPT at 12.75 on Thursday right at the open, and sold it today right before the close today at 14.25 for a $750 profit. Have a great weekend everybody!

If you want to see what I might be trading during market hours and interact with me during my trading days, just follow me on stocktwits or twitter @tradermike9. Thanks!