TSLA is manipulated more than any other stock I've ever traded. Charts can change in a heartbeat. So don't be so sure about what the charts are saying to you. There are no absolute truths in the stock market. I'm wrong all the time. The only reason I make any money is because when I'm right I make much more than what I lose when I'm wrong
In Stock Market the main objective is not to "understand the people's behaviour"...it's to make money.
You need to understand this: The market is always right..always and every time, no exceptions.
If the market is doing something you don't understand or you don't have an explanation to it, the problem is in you and not the market.
Charts shows movements of price splitted in time containers. Investors make transactions. Transactions make movements in price. This movements is what makes an investor money. The larger the movement the more money an investor makes. No movement, no money
You enter in the same direction of the market, then you hold and catch its movements until they finish. When the market turns you exit or reverse your position.
Easy peasy, right ?
TSLA is in a short an medium term bear trend. It will continue for some more time until both these movements are exhausted and these trends switch to bull again.. It will happen first on the short term and then on the medium term unless these trends continue and the long term trend switches to bear too.
No one knows when or what will be the order of these events, but is possible to identify situations that helps to determine what is happening inside the trends and when they are close to switch.
And I can tell you this: it's not the news.
Movements in the stock price is not a reaction to news. Most of the times its exactly the opposite. It's the movement in price that triggers some kind of "headline" in some newspaper...media just delivers what everyone wants: a reason.
I'm as big a believer in the (long term) efficiency of the free market as anyone, but this is just autistic market fundamentalism.In Stock Market the main objective is not to "understand the people's behaviour"...it's to make money.
You need to understand this: The market is always right..always and every time, no exceptions.
If the market is doing something you don't understand or you don't have an explanation to it, the problem is in you and not the market.
Charts shows movements of price splitted in time containers. Investors make transactions. Transactions make movements in price. This movements is what makes an investor money. The larger the movement the more money an investor makes. No movement, no money
You enter in the same direction of the market, then you hold and catch its movements until they finish. When the market turns you exit or reverse your position.
Easy peasy, right ?
TSLA is in a short an medium term bear trend. It will continue for some more time until both these movements are exhausted and these trends switch to bull again.. It will happen first on the short term and then on the medium term unless these trends continue and the long term trend switches to bear too.
No one knows when or what will be the order of these events, but is possible to identify situations that helps to determine what is happening inside the trends and when they are close to switch.
And I can tell you this: it's not the news.
Movements in the stock price is not a reaction to news. Most of the times its exactly the opposite. It's the movement in price that triggers some kind of "headline" in some newspaper...media just delivers what everyone wants: a reason.
This all sounds great in theory but in practice it's not so easy. but if you can execute it precisely then I'm happy for you. I'll continue to believe that shorts are out to get us all and news matters a lotIn Stock Market the main objective is not to "understand the people's behaviour"...it's to make money.
You need to understand this: The market is always right..always and every time, no exceptions.
If the market is doing something you don't understand or you don't have an explanation to it, the problem is in you and not the market.
Charts shows movements of price splitted in time containers. Investors make transactions. Transactions make movements in price. This movements is what makes an investor money. The larger the movement the more money an investor makes. No movement, no money
You enter in the same direction of the market, then you hold and catch its movements until they finish. When the market turns you exit or reverse your position.
Easy peasy, right ?
TSLA is in a short an medium term bear trend. It will continue for some more time until both these movements are exhausted and these trends switch to bull again.. It will happen first on the short term and then on the medium term unless these trends continue and the long term trend switches to bear too.
No one knows when or what will be the order of these events, but is possible to identify situations that helps to determine what is happening inside the trends and when they are close to switch.
And I can tell you this: it's not the news.
Movements in the stock price is not a reaction to news. Most of the times its exactly the opposite. It's the movement in price that triggers some kind of "headline" in some newspaper...media just delivers what everyone wants: a reason.
I had someone on Reddit tell me an optioned up mustang or GTI was a better value for $35k.
Well, that should help make it more woody than tinny.
Here is news on Ford & GM hell ~ 500K M3 reservations. Elon Musk quietly releases a figure that Tesla bulls can cheer about I am all in
Well TSLA will go up soon enough
Sunday's episode was pretty good.
I feel like Tesla is the army of the white walkers, and there is no john snow, no dragons and nothing else anyone is doing to stop them because they still don't believe the winter is coming
