A cfd is a highly leveraged investement as much as 10times your normal affordability. Well 300k is a lot but im sure for revelation to enter into such a position your brokers thought it you could afford it. The market has more people losing than gaining and youl get over this like a storms that hit QLD and fires that burn WA NSW every year. Cry swear shout then after sort out your financials in a good way . Most good traders makes loses then learn what companies to invest in .so much for brokers they advise confidently and shares plunge a month later only to save their asses with discloure at the bottom of the recomendation. Iv made small loses and learnt how to trade like that. No company is safe anyway ;stock trading is jst a legal lotto for suits .u make or lose and you move on .the loses i made in 2012 when greece was news . Lmao nw . But now i jst pref small caps less losses . Subscribed to a bunch of analystis who boast abt their portfolio perfoming better than asx200 only to see a list of over priced shares . I cancelled 2 weeks in got a full refund .2 of their advised stock tumbled and i wonder how they explained that . One slipped fm 3 to nw 90cents and the other oh well its sliding and i bet they say it wil come bk yet all fundamentals point to a market price of 30$ yet it trades above 50$. Analysts are jst ple no one can make 100% prediction. Thats why HC competitions help you predict your trades if your gonna get it right or wrong and best hve 3 more shares portfolio. Brokers jst make money from you either way.brokeage costs and when your new they try to get you into cfds and options but unless you did accounting finance economics and are very good dont bother yourself youll make loses and never come back to the market .my bro is CA auditor bt neva made profit through shares only loses he stoppped he only watches cnn now
FGE Price at posting:
91.5¢ Sentiment: None Disclosure: Not Held
