I don’t know. I transferred Monday Tuesday and Wednesday total of about 60k and then today it to transfer 42k it halted me. I think because it was still clearing the 60k from earlier in the week maybe.
I'm all out of couch money. But this is too good of an opportunity to pass up. I like the leverage play of selling shares and buying LEAPs. Just have to decide which ones....
I don't disagree with you about the macro movement being bull. And the market is what it is - arguing with the share price is like arguing with a hurricane. It'll pass but you might not be around for the passing. Or more typically - the market can remain irrational longer than you can remain solvent. Its been so long since we had a moderately inflating economy (using the typical measure of inflation) its like we've forgotten that is the 'normal'. So yeah - this macro induced move is bull, but its also happening. Maybe being helped along by short sellers using this opportunity to push the shares down as far as they can. Significant trading levels as I remember them: $400 (when the S&P announcement happened) and $80 ($400 pre-split; the top of the previous trading range when we broke out and started this amazing run. Even at $550 today that is $2250 pre-split. And that is a share value that any and everybody would have been singing from the roof tops after living in the $280-$380 trading range before that.
Qqq support at 297 validated I guess. C wave is over. Qqq will retest 319 as the trending resistance line as nasdaq rallies today and next week. If it breaks 319 then we are on track to the bull side after this correction. Seriously that tech analysis guy I posted here really knows his stuff.
Another reason to track shares rather than value if you're long term buy and hold -- you care just as much about this <$600 share price as you did about the >$800 share price. Which is none. Which is just as much as you would care about a >$1000 share price or a $400 share price. Still none. Except for the ability to acquire more shares at $400 than $1000. Does this current drop in the price change, in any way, your view of what TSLA will do between now and 2030?
Well I rolled my March'23 500 calls to 550 so i could realize a 350k loss to offset the gains from my inclusion play and reduce taxes significantly.
I saw many of you mention buying on margins like 2 or 3 percent. My etrade is much higher is this normal./ I have never done so but my bank transfer takes a few days to fund my account.
I have bought over 70 shares last 2 weeks. Gotta sell some meme stocks at a loss just to pick up some power for this dip. I am in for the long run but it's tough to see the portfolio value drop over 2M in a few weeks. I guess I will turn off my phone, read a book or something for a week or two before we see it turns around.