EXR 5.97% 7.1¢ elixir energy limited

EXR Trading 2021, page-2974

  1. 2,278 Posts.
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    Nah. I am interested as an experiment on different techniques and how they play out long term.
    As we progress through 50c, 75c, $1 etc in the next 12-24months I would actually like to know where Byrons profits are and what they would have been if he kept his initial 190000 shares.

    At $1 shareprice a common 1% move to $1.01 would net him $1900.
    Yesterday a .335 buy and .38 sell for 50000 shares netted him around $2250, and that was a non-common 13.5% buy-sell trade.

    Byron...at $1 if you held your initial 190000 shares at 4.7c your paper profits before tax would be $181 070.

    Your goal (assuming this gets to $1) is to get $180k profit before $1 (to make the trading of this worth the stress)

    Currently at .36 if you are $40k ahead....you must have 100k profits. ((0.36 -.047)*190000)+40k =100k

    So $80k remaining.
    Can he do it folks. Keep us updated.

    (PS...$80k doing $20k trades is 40 successful 10% gain trades. Above not including CGT on every trade)

    Byron FYI....80k/($1/$0.36)=28.8k...if you know what I am saying...but you may need to become like one of us.
 
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