FGE 0.00% 91.5¢ forge group limited

how much did you win/lose on fge?

  1. 169 Posts.
    Gents
    I'm keen to get some ideas on how did we all go with either actual/paper profit/lost so far?

    I'll be frank and mentioned that I have just started trading this share 4 days ago. Have been shorting and long.

    Total profit in FGE was a tidy $23K. Happy for the way to finish off 2013.

    2013 was a great year for me, give me more of FGE in 2014 to trade and I will retire early.

    Yesterday short at 20K @ $1.94 ave, bought back for a tidy profit - easy $10K yesterday.

    Today bought 50K @ $1.67 at open (as it gaps up) and sold all, half parcel @ $1.87.

    I've been trading for a while and love the vertical spike as will 100% spike back down - this is when I make most of my $$ from shorting a vertical spike.

    I know there are others who's making a lot more. Happy to hear.

    Just beware that a resistance is forming. Generally in an uptrend, it takes 2-3 days to exhaust all buyers before the shorters get an upper hand. I'm predicting the short is already in motion before you know it. Today's lower lows channel (11:30-13:30) is a sign of exhaustion. Just my thoughts.

    cheers
    pcyc
 
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Currently unlisted public company.

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