apple hahahahahah At the rate its trading and catapulting at, it will be worth $12 trillion in less than a year Wake the fuck up people. A company today worth 10% of our national GDP? Yep
So when this comes to naught by close today, will you stop it with these "be very careful tomorrow guys" posts? (and why be careful "tomorrow" in the thread title and then be careful in the next "3-4 trading days" in your OP) Yes, we are going to come off. Traders don't climb a mountain of angst over things they have no control over. We capitalize on opportunities when they present themselves.
Tesla up 25% in a week and over 40% in August and people want more gains. When this stock does fall 27% in a few weeks I hope no one is shocked.
I'm not short tesla, I was short here and there as swing trades but no longer shorting. May do so after split hype is done. This move doesn't warrant a stock price valuation of of 500,000 car sales a year.
That sounds just like you. Why make 400 % in a matter of months when you can fight the universe with a short on a name with an ardent cult following.
The initial post comes under the heading: "non-actionable" information. Sorry OP. Things ALWAYS go UP, DOWN or SIDEWAYS. (or delisted!) While one is "being careful" there have been A LOT of good bidirectional trades. Probably more than a single directional trade. And one was possible and actionable, and the other theoretical, and perhaps still coming. It is called trading, not prognosticating. Prognostications are usually money or ego driven. Sort of like thinking the market knows or cares if YOUR modest position is P/L positive or negative and therefore you should make a decision based on that "care". Perhaps think of it as an ocean or a river. Sometime fast and turbulent, sometimes super calm. But you floating in it has NO importance. Ever try to swim up a river? Try swimming down river to cross it? BTW: The sooner one gets over prognosticating, the better, as it is a sign of learning the markets. Sort of like getting out of 3rd grade on the way to middle school.
I am very carefully long TQQQ. So what should i do next? Still very carefully watching green. Thanks.