Learn from my mistake
Well folks, it happened today. TSLA went crazy. And I missed it. Well, most of it. I was watching it like a hawk to break out of its coil yesterday. It didn't but I knew it could today, but due to some others that were losers right off the bat for me this morning, I wasn't paying enough attention to remember how big of a deal a break would be. I did manage to buy one call at the break and make $140 profit, but missed out on $600 more by selling way too early, and only went in small due to the losses on the day shaking me up psychologically.
Moral of the story, if you get a chart that's doing what you hope, go big (still keeping a stop loss of course) and let it ride, even if you've lost some that day.
Moral of the story, if you get a chart that's doing what you hope, go big (still keeping a stop loss of course) and let it ride, even if you've lost some that day.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.