Lucky you, got them at 585.Bought 75 more at 570$ today! Happy girl I am! Just 26 more to my goal this week to buy!!!!!
you are a real discount shopper!
Lucky you, got them at 585.Bought 75 more at 570$ today! Happy girl I am! Just 26 more to my goal this week to buy!!!!!
Because of step 2 I added 15% more TSLA to my portfolio this morningHere is my proven method to get over our recent paper losses:
Step 1) Watch the most recent All-in podcast and laugh along with the Besties at Chamath for losing $2 Billion last week. Think to yourself "it can always be worse" (blissfully ignoring the fact that you first need to have billions to lose billions).
Step 2) Watch Rob Maurer's 2030 TSLA valuation exercise, take a deep breath, and smile about the future.
Step 3) (optional) Take one shot of Teslaquila.
Repeat as necessary.
Another way to look at it is that TSLA is usually 2-3x the amplitude of Nasdaq direction. What's considered a correction is about 20%, multiply that by 3. Here we are a weathered bunch, unfazed by anything less than 60% draw-down. We know, the ride back up is going to be ludicrous.Reminder that Tesla was at 180 feb 20 last year.
Then it slid to 80 by March 17 starting with a massive sell off where it looked like some stop losses triggered in series right before market close with less than 5 minutes to go.
It was back up to 160 by April 29.
On august 31 it was 498.
Sept 8 it was at 330 following 20% AH drop in one day when s and p 500 inclusion didn’t happen when expected.
It was back at 440 by sept 17.
It’s very much a terrifying ride that’s just Tesla. And all things considered for what Tesla has lined up for this year this is potentially the most exciting year for the company since the successfully mass produced the model s.
Am doing #3 right now. Not Teslaquila, but a poor substitute.Here is my proven method to get over our recent paper losses:
Step 1) Watch the most recent All-in podcast and laugh along with the Besties at Chamath for losing $2 Billion last week. Think to yourself "it can always be worse" (blissfully ignoring the fact that you first need to have billions to lose billions).
Step 2) Watch Rob Maurer's 2030 TSLA valuation exercise, take a deep breath, and smile about the future.
Step 3) (optional) Take one shot of Teslaquila.
Repeat as necessary.
Buy Put or Sell CallHmm, well I don't have any more money to throw at this thing - I went into some margin to buy the dip. On the chance we dip a bit further may I ask what was the trick to stave off a margin call for a bit? Was it buying short duration far OTM puts and how much margin does each option offset? TIA
If we knew the answer we'd all be billionaires.Is Tesla sell off done yet? My question is it the bottom? Thanks
Is Tesla sell off done yet? My question is it the bottom? Thanks
I learned from the 2000 crash that the big stock brokers (TDAmeritrade, Schwab, Fidelity....) always know the market direction because they have all sell and buy orders. they communicate with each others. The after hours traders have friends in those stock brokers, so they also know.If we knew the answer we'd all be billionaires.
Would you tell me what are the clues that Tesla is close/at its bottom? I learned from the 2000 crash that the big stock brokers (TDAmeritrade, Schwab, Fidelity....) always know the market direction because they have all sell and buy orders. They communicate with each others. The after hours traders have friends in those stock brokers, so they also know.It is a Possibility.
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but are you not uncertain ;-) ?It is a Possibility.
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Certainly.but are you not uncertain ;-) ?
The clue is the stock price stops going down.Would you tell me what are the clues that Tesla is close/at its bottom? I learned from the 2000 crash that the big stock brokers (TDAmeritrade, Schwab, Fidelity....) always know the market direction because they have all sell and buy orders. They communicate with each others. The after hours traders have friends in those stock brokers, so they also know.