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$Tesla (TSLA.US)$
How important are the things that Musk and Vivek do to the USA?
Musk said: There are only two sources of government spending: 1. taxes collected 2. money printed when taxes are not enough. Don't listen to the gimmicks of those economists, there are no others, just these two sources.
Printing money is not a way out because it leads to inflation. So, if you don't want to pay more taxes, you must reduce government spending.
There is only this way, not following this path, the country will go bankrupt.
Today, the USA's national debt has reached $36 trillion, compared to $32 trillion just last June. The debt increases by one trillion every 100 days, and currently there is no force to stop the exponential rise of this index.
In other words, if Trump does not win the election, and Musk or Whitwick do not come out to strongly curb the situation, the USA will most likely decline irreversibly.
How important are the things that Musk and Vivek do to the USA?
Musk said: There are only two sources of government spending: 1. taxes collected 2. money printed when taxes are not enough. Don't listen to the gimmicks of those economists, there are no others, just these two sources.
Printing money is not a way out because it leads to inflation. So, if you don't want to pay more taxes, you must reduce government spending.
There is only this way, not following this path, the country will go bankrupt.
Today, the USA's national debt has reached $36 trillion, compared to $32 trillion just last June. The debt increases by one trillion every 100 days, and currently there is no force to stop the exponential rise of this index.
In other words, if Trump does not win the election, and Musk or Whitwick do not come out to strongly curb the situation, the USA will most likely decline irreversibly.
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$Tesla (TSLA.US)$ Is it an opportunity or a pit in the end
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$Tesla (TSLA.US)$ Best price to buy the dip
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$Tesla (TSLA.US)$ First of all, let's review yesterday's overnight call. The logic inside is actually very simple. Half an hour before the close, I noticed abnormal fund inflows leading to a rise. Subconsciously, I would assume that the next day would open higher, so I entered the call position. However, in the last 3 minutes, unusually large short positions suddenly entered the market. At this point, I felt something was wrong and considered whether to stop loss and exit, but time passed quickly and I missed the opportunity to exit before the closing. Then everyone saw the opening scene today.
Despite the failure overnight, I adjusted my mindset and temporarily forgot about the losses, re-entering a focused state. When I saw Tesla drop 3% in pre-market trading, I decisively took the opportunity to buy the dip.(This action was the key to turning defeat into victory later) as shown in the following figure.
As expected, the overnight call, which incurred a staggering 40% loss at the opening, was essentially halved. However, I remained calm and believed that since there was a 3% gain yesterday and a subsequent drop before rising again, today's opening decline would likely prompt some Block Orders to exit. So, I seized the opportunity to gradually stop losses with each rise, strategically switching to longer call positions at certain levels, in order to increase my survival chances and make up for the earlier mistake. Subsequently, as everyone witnessed, both stocks and Options staged an impressive comeback.(This requires courage and a steady mindset adjustment. If mastered, the benefits are considerable.)
Finally, although...
Despite the failure overnight, I adjusted my mindset and temporarily forgot about the losses, re-entering a focused state. When I saw Tesla drop 3% in pre-market trading, I decisively took the opportunity to buy the dip.(This action was the key to turning defeat into victory later) as shown in the following figure.
As expected, the overnight call, which incurred a staggering 40% loss at the opening, was essentially halved. However, I remained calm and believed that since there was a 3% gain yesterday and a subsequent drop before rising again, today's opening decline would likely prompt some Block Orders to exit. So, I seized the opportunity to gradually stop losses with each rise, strategically switching to longer call positions at certain levels, in order to increase my survival chances and make up for the earlier mistake. Subsequently, as everyone witnessed, both stocks and Options staged an impressive comeback.(This requires courage and a steady mindset adjustment. If mastered, the benefits are considerable.)
Finally, although...
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$Tesla (TSLA.US)$ Most of the call options should be sold, not held too much to avoid too much loss, which would be too risky for the entire account. In a rising market, you need to sell as it goes up, instead of waiting for a drop like me. And originally planned to clear the position before Christmas, but ended up buying more and more without maintaining rationality.
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$NVIDIA (NVDA.US)$ Woke up to a big market discount, buy buy buy
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