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So glad I own TSLA!!!

  • Last Updated:
  • Jul 13th, 2018 10:34 am
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Deal Fanatic
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Jun 26, 2005
8180 posts
628 upvotes
Toronto
atang810 wrote:
Jul 4th, 2018 5:42 pm
Did you just describe yourself going to the casino tomorrow and buying red/black at the roulette table? lol For a stock with such high volatility you set a very narrow stop loss (money at risk). This is no different than gambling if you do that, no long term view and pure speculation. You basically put in a 2% buffer but the stock can move 5% in any given 2-3 day cycle.
I waited a few days to see what price did before I responded. As we saw, even a wider stop wouldn't have helped. During that day, it went down to 296.22, I was darn happy I got stopped out long before that. Lost a few hundred, as per my max risk plan.

I have my method, you have yours. My method is using a percentage of the ATR to place the stop.

This trade failed, as the demand zone wasn't strong enough, and also US markets wasn't exactly helping for those days. Even today, markets are up, TSLA is down/sideways.

My QQQ call options is doing good right now, I have it set at selling when its $1000 USD profit. Its almost there.
Deal Fanatic
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Jun 26, 2005
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atang810 wrote:
Jul 5th, 2018 1:14 pm
That's my point exactly. Thanks muppetslayer. Who would go to the casino and play $20 hands but only bring in $40 total.
My profit price target vs. risk was 3:1 or more. As per my trading plan.
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Jun 26, 2005
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Order executed: STC 12 QQQ 2018-Sep-21 172 Call on 07-06-2018, 11:32

Woohoo executed , $1000 USD profit
Best text i got today!

I did the same for my parents account so it's $2000 today.
Penalty Box
Jan 13, 2017
203 posts
144 upvotes
word on the street is this worthless company doesn't have the cash to stock parts in most countries, example is Norway. owners are furious 2-12 month wait.

last time i checked burn rate is 8-10M/day, could be increasing as well b.c of POS quality cars made in a tent.

i think the end could be near without fresh cash injection, the pump boy lost it on twitter yesterday.
Member
Feb 5, 2017
291 posts
174 upvotes
Tesla reminds me of Fisker Karma... I remember when that car came out. Everybody was talking about it.. the designer... the press.. the aficionados. the 'eco' features...
Now it's a worthless piece of metal..
Sr. Member
Apr 9, 2012
541 posts
133 upvotes
Markham
rfdrfd wrote:
Jul 6th, 2018 10:22 am
I waited a few days to see what price did before I responded. As we saw, even a wider stop wouldn't have helped. During that day, it went down to 296.22, I was darn happy I got stopped out long before that. Lost a few hundred, as per my max risk plan.

I have my method, you have yours. My method is using a percentage of the ATR to place the stop.

This trade failed, as the demand zone wasn't strong enough, and also US markets wasn't exactly helping for those days. Even today, markets are up, TSLA is down/sideways.

My QQQ call options is doing good right now, I have it set at selling when its $1000 USD profit. Its almost there.
I also waited a few days to see what price did before I responded. This my friends is why you don't day trade like this guy and set unrealistic targets. The classic buy high, sell low and then the price goes back to where it is.

Face With Tears Of Joy
Deal Addict
Jun 27, 2007
3797 posts
777 upvotes
EV rebates are gone in ON

Cancelled M3 reservation immediately.
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
Deal Addict
Jan 20, 2016
1702 posts
695 upvotes
Houston, TX
dlhunter wrote:
Jul 12th, 2018 12:10 pm
EV rebates are gone in ON

Cancelled M3 reservation immediately.
In USA rebates also are phasing out because Tesla reach 200k (and finally have to admit it after the pressure)
So for many folks waiting for promised 35k model it would be 1500 rebate and actual price would be NOT 35k
Park 5k for a year and do not get what you paid for...no thank you.
Meanwhile Nissan will deliver Leaf with bigger LG made battery (now thermocontrolled and well).
Same range as m3, lower price, no need to pay and wait...even smart cruise control is a base feature, not an 4k addon lol
Make the Trudeau drama teacher again!
Sr. Member
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Sep 8, 2014
615 posts
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Toronto, ON
asa1973 wrote:
Jul 12th, 2018 12:39 pm
Nissan will deliver Leaf with bigger LG made battery (now thermocontrolled and well).
Same range as m3, lower price, no need to pay and wait...even smart cruise control is a base feature, not an 4k addon lol
Um, Nissan has said the price of the 60 kWh battery on the new Leaf will absolutely be a premium above the price they charge for the 40 kWh.
I would highly doubt a Nissan Leaf 60 would be substantially cheaper (if at all) to a base Tesla 3 (when that is indeed available).

Tesla 3 base in Canada is $45K, which is similar to premium spec EV or PHEV from other manufacturers, inc Volt, Bolt, i3 and presumably Leaf 60kWh.
Deal Addict
Jan 20, 2016
1702 posts
695 upvotes
Houston, TX
SmartElectric wrote:
Jul 12th, 2018 4:46 pm
Um, Nissan has said the price of the 60 kWh battery on the new Leaf will absolutely be a premium above the price they charge for the 40 kWh.
I would highly doubt a Nissan Leaf 60 would be substantially cheaper (if at all) to a base Tesla 3 (when that is indeed available).

Tesla 3 base in Canada is $45K, which is similar to premium spec EV or PHEV from other manufacturers, inc Volt, Bolt, i3 and presumably Leaf 60kWh.
Well, the "Base" model do not exist yet (we do not know exact levels of features) so hard to say. But based on what they selling right now, even to get radar aka adaptive cruise control included in Leaf, you have to pay 5k USD (6.6k CAD) on Tesla. Now it's 51k just for "smart" cruise addition. Plus no more free charge etc.
Make the Trudeau drama teacher again!

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