How Protrader Mike became #1 on StockTwits.

Wondering why Protrader Mike is #1 on StockTwits.

SOMX – picked at .28 cents sold next day in AH at .62

REED - picked at 4.05 traded to 6 in a week

SWHC – picked day before earnings at 9.14 sold 10.72 in AH and 11.00 next day

VXX – picked 2 days ago at 9.25 traded to 10.00

EGHT – picked up today at 6.11 sold 6.34

CTIC – picked up this morning at 3.00 sold 3.24 went to 3.55

And so many more….

Two weeks ago, I set up a group on Skype – just a few people that follow my trades. I got to know little about each by speaking to them on the phone. After that they joined me on Skype which I am on during market hours. I started a Trading Group. I give them the buy entries with share amounts to buy, stop losses that are in effect and profit targets which can be raised or lowered depending on how that stock is acting in the level 2. I tell them how to sell to on the offer in pieces when it runs and how to be strong and buy when it sells off. Most importantly are the losses which I control and try not to let you get caught in a bad trade. Bankroll management is very important and there are many rules in place with me.

The goal is to make (depending on the size of your account) $500 to $1000 everyday.

The best part for these guys is they get to actually see my computer screen and me live trading during the day. The actually see it happening as I am chatting about it. Once in the stock, we all cheer it on and it’s fun because I hit many winners. I cut the losers and try for my singles and doubles. No homeruns for me. Occasionally I do hold one or two for swing trades as I continue to build position in the stock, but for the most part 95% time I am flat at the end of the day. I did hold a few thousand PPHM at 4.45 when it closed up on 25MM shares. Sold I next morning up .40 cents.

If you are interested in joining my chat group just send me an email to richlender@gmail.com and I will give you details on how to trade with me.