We do have a TSLA thread... Starting a new one only invites the same back and forth. Tsla has demonstrated over and over that it's not a good idea to short its stock. But hey, some can't help it. I began as a Tesla doubter and became a Tesla believer in March this year, day trading it for months. I now sold all I owned because I think inclusion will tame the stock, but thank you Tesla for making me nearly a million dollars this year.
right. Newbie and professional traders think and trade very differently. One will north and the other will go south. One will not trade and the other will trade. One will cut loss and the other will hold on. One will hold on and the other will take profit.
TSLA is just 2% of S&P 500, yes, S&P very likely will lose 2% of its market capacity because of TSLA in the next few years Some sort crackdown on facebook or google will cost the same in a day but anyway buying puts on TSLA might be some sort of good insurance Dividend on S&P is around 1.5% I probably would invest it into TSLA puts, just need to choose strike and date maybe some like DEC 21 500
Can anyone say why TSLA is held 50% by institutions only ? It seems market market are pushing up the price along retail buyers and they say companies who shorted it , still keep shorting it.
to be totally fair here There are tons of professional losing money and a battalions of 13 years old making money right now..
I guess the morale of this story is not the wrong choosing of the stock or whatever but the wrong position sizing model. Adding to looser can have some merit in some circumstances providing that there is a stop loss in place. (which unfortunately is big when we add to looser)
Retailers (both brick and digital) get the Xmas season started earlier and earlier each year but the calendar doesn't say Dec 20th yet.