FGE 0.00% 91.5¢ forge group limited

GentsI'm keen to get some ideas on how did we all go with either...

  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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