XTNT Trade on Feb 16, 2018 12:22 from Dr_G: Tradervue User Stock Trades.

XTNT was a great short.. Had to be cautious, 1 mil float so you can't be too over confident, low floats could fly big, so you don't want high capital exposure. Low floats also drop big.. in the end they are easy to manipulate in either direction. This was shorted because it had a steep unsustainable peak at 60+%. There was no resistance in sight on the multiyear, so again, extra caution needs to be taken with sizing the position. You always want to factor in a 100-200% move against you, at least, with low floats. They can explode supernova style out of nowhere. So position size becomes of optimal importance because you handle holding the unrealized loss and add to your position to average up without getting stressed out because of size. In the end $520 profit realized from 500 shares $3900 position for 13.3% gain on low capital exposure with nice volatility... this type of trade over and over again with low capital, high return and sniper entry compounds gains quickly over time. DO NOT FORCE TRADES just to trade because of boredom or pressure to make money.. wait for the opportunities, they will come to you and strike when the iron is hot and the set up is there.