-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Social Chat - Short Term TSLA Movements
- Thread starter Jonathan Hewitt
- Start date
-
- Tags
- TSLA
Johan
Ex got M3 in the divorce, waiting for EU Model Y!
EldestOyster
Member
The potential energy stored in the battery is meaningless until you use it. This would be the same as sitting over a coiled spring (or fifteen gallons of gasoline). There is nothing coming from it that can be measured. You can measure voltage (or spring tension, or, I guess, weigh the gasoline), but until you turn the car on, nothing is happening. And in terms of EMF, you'd have to poke around where it's being used, so, the computers, or the inverters, and, of course, the motor. The thought of trying to hold a meter up near the motor wiring while simultaneously mashing the accelerator is kind of amusing. But, it's not about the battery. (Except in the "sitting on top of 15 gallons of gas" sense :wink: )
Last edited:
ev-enthusiast
Active Member
mershaw2001
I'm short the short sellers
Yeah, i do the same as Johan, bring my phone to the gym and hit refresh on google finance and TMC while stretching. Didn't know other people did that...I had a lunch date with my girlfriend about the same time as Credite suisse upgraded, and she was like "what's up with your phone, i thought the market was closed".
Chickenlittle
Banned
When talking to my parents on the phone today, my mother mentioned that; "Tesla is coming out with the Model 3 in 2017." She knows and cares nothing about cars.
This must mean something.
I do not bring my phone anywhere near the gym, always stays in the car. I also don't train during trading hours though
This must mean something.
I do not bring my phone anywhere near the gym, always stays in the car. I also don't train during trading hours though
wishing_for_S
Member
Does anyone have trailing stop loss/limit orders on their TSLA? I just added one at 20% below the price, but given TSLA's volatility I don't know if that will encompass the range of reasonable price fluctuations. What do you think?
erha
Member
I don't think limit orders are a good idea. Especially not for TSLA that is so volatile. There must be a way where you can get a warning if the price drops 20 % or you may just pay attention during the day. Imagine if two Model S's went up in fire in one day combined with a chinese costumer crushing his car over some minor issue. That might push the stock down quite a bit, but I would for sure use that oppertunity to buy more shares if I had the money to do so
Nope. During the forum panic, when TSLA dropped from 190 to 120, I increased my holdings by 50% in the 130s. Only sell if your thesis changes. Don't sell just because the market becomes irrational - and it will become irrational again.
The 52-week low is currently $116 or so and I think the ATH before that low was like $195. That is a 40% decline. The simplest way of hedging without taking the risk of triggering a stop loss is buying a protective put. Although that has its own set of caveats and of course costs money.
maybe a buy order at 20% below?
but I only have TSLA I plan on keeping right now..
hmm, just made tea. fortune says 'patience pays'
Last edited:
I tried out trailing % stop loss orders on some other stocks a few years ago. They were almost always a bad idea. Really they just solidify your losses at the worst possible time, sort of resembling margin calls that way. Never again for me.
I am surprised at today's price action. I thougth we would have a 'CS report' burst followed by consolidation a little lower. I see that there is a lot of weekly option action at the 260 level so we may be seing a little market manipulation. My theory will only prove to be true if we end the week at 260ish.
green1
Active Member
I use trailing stops to lock in gains, I have a real job (or two...) so I can't babysit the chart all day, but if I see a stock going up, and I think it's time to sell (it's getting near what I think is the top), I don't just sell, I put in a trailing stop at barely below the current price. The risk is that it drops to the stop and then flies upwards and I miss out, but more often it allows it to run up a bit more before selling and netting me just a bit more than had I sold using a market or limit order.
As with all other tactics there are risks, but there's never a way to avoid all risks, just mitigate them.
My brokerage has also just now implemented bracket orders, and I plan to use them a lot more in the future. Allows me to buy a stock, and set an automatic stop loss, along with a sell limit at the same time. Much better for peace of mind.
Figuring out where to put the stop (so that it doesn't get triggered by normal fluctuations, but still protects you from a sinking ship) is always a challenge, but not having one on a stock is a pretty big risk as far as I'm concerned.
As with all other tactics there are risks, but there's never a way to avoid all risks, just mitigate them.
My brokerage has also just now implemented bracket orders, and I plan to use them a lot more in the future. Allows me to buy a stock, and set an automatic stop loss, along with a sell limit at the same time. Much better for peace of mind.
Figuring out where to put the stop (so that it doesn't get triggered by normal fluctuations, but still protects you from a sinking ship) is always a challenge, but not having one on a stock is a pretty big risk as far as I'm concerned.
I like doing this too. When I make a decision to sell something, either because I am satisfied it is at my goal or to cut losses, I instead set a stop loss just under market value. That way if I am wrong and it is set to run up so be it. Otherwise it will sell as I originally intended.
Similar threads
