Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[corduroy]

Got more at $378. My hands are bloody from this falling knife.

 

[Yragorn]

Welp, time to set buy at 350$ at this point

 

[Gabos]

Tesla Full Self-Driving Review | Consumer Reports

Let's just bombard the video with dislikes
But seriously, probably gonna be my first time commenting on youtube, ready to embrace all the hate

EDIT: comment is onine, feel free to add what I missed or correct me, as I don't own a Tesla yet

 

[lukex4]

Got 20 @ $375.. And I thought I was done buying with my last purchase at $1505

I think I've an addiction to $TSLA...

 

[GOVA]

Now, we'll get 10 pages of people stating the stock price.

 

[JRP3]

Sigh, had to buy more.

 

[computerchuck]

Got 20 @ $375.. And I thought I was done buying with my last purchase at $1505

I think I've an addiction to $TSLA...

Get in line!

 

[gabeincal]

Forgive my amateur question but how do all the stocks on my watch list magically stop dropping at the same time...?

 

[StarFoxisDown!]

I love whenever there's sell off in tesla, people keep posting lower "i set my buy order XX price". Hope you guys get lucky but like many, many times in the past, lots of people missed out because the stock reversed hard before ever coming close to filling their order.

Nasdaq just completed its 10% drop over the 2 day span and is already recovering a bit. Tesla continues to show decent strength relative to the NASDAQ

 

[StealthP3D]

Logic does not apply to the stock market. Trying to understand it is as hard as landing a rocket on a barge, it requires a unique set of talents which we lack.

I think your example implies that market behavior could be mapped and understood in a similar manner that the physics behind landing a rocket can be. My investing performance (in terms of choosing when to enter or exit a position) increased greatly once I came to the conclusion the market is not predictable in a consistent manner, like that of a rocket landing. It has periods of chaos and is best thought of in terms of chaos theory. It lends itself to mentally surrendering to it and thinking of it in terms of unpredictable rhythms (I know that doesn't make sense, that's the point here).

How to "surrender" to it? Stop trying to rationalize it's behavior and realize it is a wild, unpredictable beast. This is not to say one cannot improve their performance. It's simply saying that performance improves when one stops trying to make rational sense of it and, instead, goes with the rhythm of the market. I believe that even if you are really good at doing that, it still is unpredictable at key times.

The longer the planned term of your investment, the less this matters.

 

[mickificki]

So SoftBank was responsible for the latest tech rally?

Subscribe to read | Financial Times

 

[Nocturnal]

Tesla Full Self-Driving Review | Consumer Reports

WTF? The system disengaged in a busy/tricky area and that confused the driver? I thought it was ok until that part.

 

[elasalle]

S&P Committee must be happy at these prices.

 

[BrownOuttaSpec]

She broke $385, here we go!

Whats significant about the $385 mark?

 

[Drax7]

An observation, Friday afternoon ahead of a long weekend, with down momentum,
It’s unlikely to get reversals up.

 

[StarFoxisDown!]

S&P Committee must be happy at these prices.

S&P better be nimble and announce today...even if they were planning on doing it Tuesday. Market could rebound decently on Tuesday.

 

[Sofie]

I think your example implies that market behavior could be mapped and understood in a similar manner that the physics behind landing a rocket can be. My investing performance (in terms of choosing when to enter or exit a position) increased greatly once I came to the conclusion the market is not predictable in a consistent manner, like that of a rocket landing. It has periods of chaos and is best thought of in terms of chaos theory. It lends itself to mentally surrendering to it and thinking of it in terms of unpredictable rhythms (I know that doesn't make sense, that's the point here).

How to "surrender" to it? Stop trying to rationalize it's behavior and realize it is a wild, unpredictable beast. This is not to say one cannot improve their performance. It's simply saying that performance improves when one stops trying to make rational sense of it and, instead, goes with the rhythm of the market. I believe that even if you are really good at doing that, it still is unpredictable at key times.

The longer the planned term of your investment, the less this matters.

This is why I treat my TD Ameritrade account as my savings account lol. I just put my paycheck in and buy TSLA weekly (every time I get paid or obtain money).
I’m not smart enough to time the market to such minuscule degree. Plus, not staring at the ticker all day makes it feel like less of a “big deal” in my life when it bounces all around like an emotional roller coaster.

 

[SOULPEDL]

I was late buying today bc I was trying to read all the posts and realized in the end I missed the bottom again!
25 @ $386. I suck at this. Congrats to those who got much closer to the low.

 

[computerchuck]

Whats significant about the $385 mark?

 

[Right_Said_Fred]

I think your example implies that market behavior could be mapped and understood in a similar manner that the physics behind landing a rocket can be. My investing performance (in terms of choosing when to enter or exit a position) increased greatly once I came to the conclusion the market is not predictable in a consistent manner, like that of a rocket landing. It has periods of chaos and is best thought of in terms of chaos theory. It lends itself to mentally surrendering to it and thinking of it in terms of unpredictable rhythms (I know that doesn't make sense, that's the point here).

How to "surrender" to it? Stop trying to rationalize it's behavior and realize it is a wild, unpredictable beast. This is not to say one cannot improve their performance. It's simply saying that performance improves when one stops trying to make rational sense of it and, instead, goes with the rhythm of the market. I believe that even if you are really good at doing that, it still is unpredictable at key times.

The longer the planned term of your investment, the less this matters.

That was actually what I was trying to convey: market movements often don't make sense, making them very hard to predict. Landing a rocket on a barge was not a good example.