FMG 1.04% $20.35 fortescue ltd

how could anyone lose money on fmg today?

  1. 5,696 Posts.
    lightbulb Created with Sketch. 241
    But I did ..... am I the worst trader ever?

    Watched the start of the rally at 11:08. Thought I wouldn't buy since it's done too much it's already up 4%. Watched it rally further $2.30 - $2.40 - $2.50. Thought I'm not going to buy as you shouldn't chase a rally ..... I've been caught before as soon as I buy the rally will stop and the trend will reverse. Watched it go to the high of $2.93. Watched the retracement decided if I do buy it'll be at the end of the day.
    Waited until after the speeding ticket and bought in sp dropped back to just below my stop loss then sold out .... lost $500. Bought back in on the mini rally at $2.71 with 20 minutes to go. Rally peeted out didn't want to use my stop loss again thinking after market price might rebound. It didn't and dropped back to $2.50. Now I'm holding over night with the dow futures already down 146. So on a stock that rose 21% today I'm down $1300 ...... and feeling a right real Dick.

 
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Last
$20.35
Change
0.210(1.04%)
Mkt cap ! $62.65B
Open High Low Value Volume
$20.41 $20.76 $20.26 $183.4M 8.943M

Buyers (Bids)

No. Vol. Price($)
3 2123 $20.34
 

Sellers (Offers)

Price($) Vol. No.
$20.36 4581 2
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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