FGE 0.00% 91.5¢ forge group limited

millions flow into roy hill project, page-31

  1. 10,372 Posts.
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    m0ngy

    When you say "market sentiment is a powerful force, not to be ignored, regardless of the fundamentals." there has never been truer words spoken.

    Being a professional trader of the financial markets (meaning it was/is a full time occupation) for some 35 years I have learnt that lesson the hard way (on numerous occasions!!)

    My favorite expression is that I was "wrong for all the right reasons"

    As you are still holding FGE then my (sincere) suggestion is that you should revisit the reasons you initially bought the stock. If they were based on fact based data then is the data still valid?, if based on media or HC hype then forget it!!

    Sometimes the best way forward is to cut your losses, clear your bias and stand back to re-evaluate things. If you still come up with a positive view then buy back in.

 
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Currently unlisted public company.

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