Tesla stock

[Lycanboiboi]

When ur stop is triggered at breakeven, ur not making any losses.
Hope is not a good strategy to invest. Having a stop loss at breakeven protects u from the downside.

And yes, history will repeat itself again. Dotcom companies like intel/yahoo are just examples for u to study, not cherry pick. Even apple didn't get out unscathed from dotcom burst.

The point is not managing ur risk by having stop loss and just hoping for the price to swing up or down.

If you got in at 1400 for TSLA and its now 1600, its wise to put in the stop at breakeven. Its just basic risk management.

There are many ways to exercise risk management. Putting a stop loss is just one of them. And it suits a trader more than an investor.

I've never used a stop loss and probaby never will. Simply because:

1) I'm confident of all my picks and will hold mid to long term, if not i won't even enter. Anything happens before that is just noise.

2) I'm balanced between solid high growth stocks VS. blue chips. Will keep my highest weighted stock trimmed at 15%. I totally avoid purely spec plays like NKLA and biotech as i'm not chasing short term profits.

3) If any ticker falls below my breakeven, i simply buy more and average down.

I will NEVER, EVER close a position based on price action alone. If you find yourself bagholding, most likely you just FOMO-ed blindly and got greedy. I will only sell if there are fundamental changes and i lose faith in the company, like LVGO and TDOC.

My average on TSLA now is around ~$850 after buying more at $1400s. If it drops to $800, $700 etc.? No problem, i'll load up even more provided my confidence in them is still there.

That's how i protect myself from the downside. Guess we just have differing strategies.

 

[HMAN]

go look at intel or yahoo stock, especially after their stock split in 1999-2000

what TSLA is doing is like those dotcom tech bubble stock

After the split, intel stock has been hovering around same price level for over 20 years

thats what u call crash and burn

in the meantime, u can ride it up also. I even believe it can reach 2k USD soon pre or post split. But when it burns, alot of retail will be in pain.

All those ppl who bought, kindly put a hard stop to your breakeven price. You will thank me later

why pick the 2 losers counters.
What is your assessment on the FAANG ? TECH bubbles with trillions market cap and with stunning ER ..

Sent from Samsung SM-T830 using GAGT

 

[Red Nails]

My thanks to tsla:

Good job,

How many shares are u holding btw

 

[fzhfzh]

Good job,

How many shares are u holding btw

Only 35 shares now, bought in again at 1400. Sold 230 stocks previously at 1700 that’s bought at 300+.

 

[WC32890]

Perhaps i am wrong but i dont see apple's split the same as tesla's.

why? Care to explain?

 

[Red Nails]

Only 35 shares now, bought in again at 1400. Sold 230 stocks previously at 1700 that’s bought at 300+.

Sold 230 units?

Respect

 

[fzhfzh]

You know why Tesla will be great? I ordered the car they said within 24 hrs will process finish, till now more than 48 hours still processing. Called their sales advisor they basically bo hiew me. First time I call ask me to keep waiting. Second time I call don’t even answer anymore straight to voice mail. But still here I am patiently waiting... imagine how much more sales they would get if they start treating customers better.

 

[wutawa]

why? Care to explain?

https://www.fool.com/investing/2020/08/14/buy-tesla-now-or-wait-until-after-stock-split/

There may be more traders in tesla than apple.

 

[HMAN]

U will find many like you, who are hoping for stock to love them back.

Fun fact: Stock doesn't love you back.

P.S. You're welcome.

Don't know what are you talking about.
The journey to make money because you make a right assessment is more fun .

I do like Elon Musk for his contribution in driving the technology advancement.

Sent from Google PIXEL 4 XL using GAGT

 

[win_man]

Have you guys done your voting?

 

[HMAN]

Have you guys done your voting?

Voting for ???

Sent from Samsung SM-T830 using GAGT

 

[win_man]

Voting for ???

Sent from Samsung SM-T830 using GAGT

Annual meeting on 22 Sept. IBKR sent me an email

 

[Phase 2 Baby]

Don't know what are you talking about.
The journey to make money because you make a right assessment is more fun .

I do like Elon Musk for his contribution in driving the technology advancement.

Sent from Google PIXEL 4 XL using GAGT

By focusing on others, you are on the path of improvement.

 

[NewInvestor]

Tesla is up 7% so far tonighg

 

[WoShiPro]

Very bullish gonna break all time high soon.

 

[Tormented Soul]

Broke 1.8k ATH again.

Hope I don't make the wrong decision, finally decided to sell this trusty little stock.

One of my biggest profits ever.

 

[Mecisteus]

Don't know what are you talking about.
The journey to make money because you make a right assessment is more fun .

I do like Elon Musk for his contribution in driving the technology advancement.

Don't feed this troll.

 

[Mecisteus]

Broke 1.8k ATH again.

Hope I don't make the wrong decision, finally decided to sell this trusty little stock.

One of my biggest profits ever.

You already made good profits so how can it be a wrong decision.

 

[NewInvestor]

Ended up 11.2% lol

 

[reddevil0728]

Broke 1.8k ATH again.

Hope I don't make the wrong decision, finally decided to sell this trusty little stock.

One of my biggest profits ever.

Nobody ever lost money by taking a profit. That being said... I think after stock split will chiong much more