drkelly
Dipstick who put two vehicles on jack stands
- Joined
- Mar 21, 2005
- Location
- Oak Ridge/Stokesdale, NC
Be fearful when others are greedy, and greedy when others are fearful.Buy low sell high
Be fearful when others are greedy, and greedy when others are fearful.Buy low sell high
Aint closed yet. Haha.
Interesting. I had an issue with Fidelity and a stop loss as well. Was gambling on Novavax and it was supposed to sell at some number and didn't, then I went from like 90% value to 20% value or something stupid.Aint closed yet. Haha.
Turns out my chart trader thing for Fidelity is finicky (I don't know how to use it) and my stop loss didn't get put in after I commented earlier today about the reversal.... so... that's fun... whatever, small position, I can add some more this week.
I might be a buyer of TSLA if it goes below $175 or $150. The recent pop that went over $400 started when Trump won the election. It was $142 on April 22nd 2024.
I'm just loosely entertaining the idea right now. I'm leaning more towards being a buyer around $150 maybe. I think I would maybe sell around $225. Do you have any thoughts on the stock? I've never owned it before.Just as a discussion ... If your buy gets filled at $175 where will you sell?
What's your time frame? In my world you pick one and keep it. Are you going to push buttons every day or just every friday? Or monthly?Do you have any thoughts on the stock? I've never owned it before.
Whatever. Lord Elon will save us.I think Tesla is going to hurt for a little bit. Lots of competition now and many buyers are on the far left and may not buy from them for a while.
Typically I buy and hold stocks for at least a few years. I'm not feeling that with TSLA. I'm feeling it more as a flip like I recently did with BUD. Buy and maybe hold for 2 months to a year. I think if it drops to around $150 it will likely go back up to around $225 in less than a year.What's your time frame? In my world you pick one and keep it. Are you going to push buttons every day or just every friday? Or monthly?
What if it goes to $225 in three days? What if it drops to $125 and ranges there for months? When are you going to call it quits for a loss?Typically I buy and hold stocks for at least a few years. I'm not feeling that with TSLA. I'm feeling it more as a flip like I recently did with BUD. Buy and maybe hold for 2 months to a year. I think if it drops to around $150 it will likely go back up to around $225 in less than a year.
I can’t stress enough how this is not a thing (for the large etf’s). You’re talking about the left side of the chart. It’s already happened. My questions above are preparing for the right side of the chart that has yet to print. Daily news might be a catalyst for buyers and sellers to input some orders but they were already set to go off in those zones before any reporter said anything.The news of a possible Ukraine Ceasefire pulled the market up in the afternoon. The S&P500 touched 10% down after lunch.
What if it goes to $225 in three days? What if it drops to $125 and ranges there for months? When are you going to call it quits for a loss?
If your position size is so small that none of that really matters then you’re not really trying to make money you’re just trying to have something to talk about.
If you are position sized accordingly so that one trade could have at least a 0.5-3% affect on your net worth then you need to have answers to all of those questions (and many more) before you buy.
I noticed the market shot up in the afternoon, and wondered why when it had been trending down all day. A quick look told me it was most likely because of the Ukraine ceasefire news.I can’t stress enough how this is not a thing (for the large etf’s). You’re talking about the left side of the chart. It’s already happened. My questions above are preparing for the right side of the chart that has yet to print. Daily news might be a catalyst for buyers and sellers to input some orders but they were already set to go off in those zones before any reporter said anything.
Agree. I think sales could slump for a while. I think their next earnings report is late April.I think Tesla is going to hurt for a little bit. Lots of competition now and many buyers are on the far left and may not buy from them for a while.
Let's talk about these investments instead of random Tesla. What have been your recent moves and what's your plan here? Did you sell it all when you called the top back in February?...the bulk of the money in our E-trade accounts is in VOO and QQQ.
I challenge you to start thinking about the market in a different way. Was it this news that caused this bounce or was it the fact that any firm or fund (the real market makers) that shorted some of this drop in the past few weeks all had converging profit targets on a 1:2 risk/reward ratio all at about the same point on the chart?I noticed the market shot up in the afternoon, and wondered why when it had been trending down all day. A quick look told me it was most likely because of the Ukraine ceasefire news.