Trade of the day, AH!!!

So went long 1000 shares of AH at 8.95, after I couldn't find an entry signal when trying to catch the bottom 15 minutes after it opened. I finally did decide to try and take the temporary break-out around 9 dollars a share. Right after I got in, I could have sold it 5 minutes later and just taken a $500 profit when it jumped quickly to 9.50 in less than 5 minutes, but got greedy instead and waited about 2 minutes before the market closed and sold it at 9.58 for a .63 point 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, UVXY!!!

WOW! I can't believe I sold UVXY during the middle of the day, and left over $2000 on the table. Damn you Italy! Anyways, if you have been keeping up with my blog posts (on UVXY), you should know that I've been playing ever gap down on UVXY at the open for the past month, trying to catch that dead cat bounce. Went long again a 1000 shares today and got filled this morning at 9.25. After it hit a strong resistance level around 10.50 around noon, I sold it at 10.398 for a 1.148 point gain. I've noticed recently late in the day, UVXY tends to retrace back down after a nice bounce, so that's why I decided to take my profits and sell it around noon. As you can see though, it was the wrong decision, and I ended up leaving a pile of money on the table. Siiiiiiiiigh!

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, MMSI!!!

Took a huge gamble today on MMSI when I placed my stop at 9.97, after going long 1000 shares at 10.50. It had a very strong support level around the low 10's. It formed a nice candlestick hammer bar about 10 minutes into its' trading and bounced off that key support level, so I knew it had a great probability of retracing back up today. Sold it at 11.49 about 15 minutes before the close, for a .99 point gain. Have a great weekend!

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, NTGR!!!

Another day (see yesterday's blog post) giving away my profits on one good trade, to other bad trades. Anyways, went long 400 shares of NTGR at 32.25, and placed my stop at 31.97. Sold it at 34.15 after my initial profit target of 34 was clearly reach. A nice 1.90 point 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!
Also to all my followers, I'am done trading for the week and taking a long extended President's Day weekend.

Trade of the day, NOG!!!

Caught some of the fear selling and bought NOG after the candlestick hammer formed on the 5-minute chart.  Went long 500 shares at 14.61 hoping for some short covering after the huge gap down. I wish I would've bought more shares, but all my capital were tied up with other stocks I was long this morning in. Anyways, ended up selling NOG about 30 minutes before the close at 15.37 for a  .76 point gain. The day didn't really go all that well with me because I had 3 losers which canceled-out all my profits I had got with NOG.

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, CLSN!!!

So tried to catch some of the dead cat bounce action today on CLSN, but got stopped-out after I moved my stop to break-even. It felt like the market makers saw my stop, and decided they were going to take me out because the stock ended up rallying nicely after I got hit. Anyways, went long 3000 shares at 1.40 and got stopped-out at 1.40 for break-even.

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, AKAM!!!

Made only one round trip trade today with AKAM, and came out with a small profit. Went long 300 shares at 33.90, and placed stop at 33.49 hoping for at least a small bounce. It then started to consolidate for a bit, and I just tired of holding it, so decided to sell at 34.95 for a 1.05 point 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, GPOR!!!

Caught an easy fear selling on GPOR this morning. Went long 300 shares at 38.25 after the candlestick hammer bar formed on the 5-minute bar chart. Placed a stop at 37.49, and was looking for a profit target of at least 40.95. But after GPOR broke through 40 dollars a share, I just decided to sell it, and take my profits now instead of hoping for it to hit around 40.95. So for that, I sold GPOR on the next 5 minute bar at 40.40 a share for a 2.15 point profit.

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, KERX!!!

Caught a bit of a small bounce on KERX today when I went long this morning 1000 shares at 6.71, and placed stop at 6.49. My risk to reward ratio was horrible on this trade, but I had a strong feeling it wasn't going  to turn down today because of the overall market rally. Finally, sold it about 10 minutes before the market closed at 7.20 for a .49 point 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, CLSN!!!

So finally got tired of holding this bagg (CLSN), and sold it at 1.14 when it started looking like new lows was in the works. As you can see on the picture below, went long 2000 shares on Friday at 1.35 and sold it this morning at 1.14, a -.21 point loss. There is still a heavy short interest percentage in CLSN, so I might get back in when the overall selling subside a bit.

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, CLSN!!!

I'm pretty much hell bent on trying to catch this bounce on CLSN. I can't believe this stock is down over 80%, and is struggling to get a decent bounce, and I don't care about Phase 3 study results. Anyways, went long just 1000 shares yesterday at 1.53, but got stopped-out this morning at 1.39 for a -.14 point loss. After a hammer formed after I got stop-out, I decided to go long again at 1.35 but this time buying 2000 shares instead of 1000. I'm doubling down on this crap! The market closed, and for the first time in a long time, I'm holding a stock over the weekend. Good-luck to me :-) !!!

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. Have a great weekend, and Thanks!