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$Tesla (TSLA.US)$ In a day like this, is absolutely normal t...

$Tesla(TSLA.US)$ In a day like this, is absolutely normal to have both bull and bear traps. Take it easy, don’t worry and just follow the market. You can either just wait or get a better average. I sold a few that I had bought yesterday at a low pric and I’m starting now to buy them back. Relax…
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  • GuruGuruGulu : I guess u bought it as u tho its gonna be a green day, until it didnt... Now u coping with ur wrong choice huh

  • Emancipation of Meme : What is a good price to buy in again?

  • TeslaSmurf OP GuruGuruGulu : You don’t manage the market, the market manages you. You can ONLY manage your money and take a profit on it or get a better average in your portfolio. I sold some shares at about 1140 and I went buying them back from 1082,83 to 1042,83 yesterday. This morning, given the negative news, I sold a few a little under 1070 and started buying them back at 1032,83. I’ll buy again at 1007,83 and eventually at 987,83. It’s a wave nobody can control, but you can adapt to make some profit every day and the safest way is to hold for the long term, sell some when price goes up, then buy them back at a lower cost. Nothing crazy.

  • TeslaSmurf OP GuruGuruGulu : You can say you made the wrong choice when you loose money. I sold at 1137,83 and went buying back from 1082,83 till the last one at 1032,83. That’s a GAIN between 50 and 105 dollars per share. WHERE do you see a wrong choice ?

  • doodoodadan : Fella obviously don’t understand what’s swing trading.
    Am you here. Sold at 1138 day before. Back in at 1115 1040.
    Didn’t see OTA recalls as bad news tho since it’s pretty much a norm now. General fed fears I guess. We be laughing next week when it’s back to 1150 levels.

  • TeslaSmurf OP : Better traders than I am are waiting the filling of the gap at about 1010… I’m not sure of that and anyway nobody can be so sure with ANY prediction, so I start buying well before. Eventually I will dollar cost average in the case it gets lower. What I will not do is going back to 1140 with less shares I had before. Actually I will get there with a few more shares at a better average cost. What is completely UN-manageable is the timing, but it WILL happen, as sure as I’m here 👍

TESLA holder and trader. Economics and tech studies, writer, traveller and chef for passion. FREE in SouthAmerica 😎
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