Hey, difficult to see the chart properly here but it looks like the stock opened in to 40s so your entry is .42 or .43 to sell at .48 or .49 - I also don't see any notable news to warrants buying the spike and if you look at the long term chart over six months it has crashed and burnt. Lastly, never ever have a 8% loss - cut your losses at 1 or 2% MAXIMUM. Keep working and learning.
-$120 Loss
XGTILong Stock

I was actually right at first on the dsirection this stock was taking when the market first opened. I was planning on buying at 45-47 cents and selling at around 50 which was previous day highs. Instead i froze and decided not to make the trade, until it was too late. I saw it quickly bounce to 51 cents and thought it could go more because of how quickly it spiked, but instead it came back down from that point on.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 10/17/2016 | 0.51 |
| Exit | 10/17/2016 | 0.4677 |
- Total Views158
- Position Size1,900
- Percentage-8.29%
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