PLEASE
PLEASE
Do it like a trader.
Set a stop loss and take profit and execute them coldly. Do not decide emotionally when and how you are satisfied.
It can work (whether out of luck or because the strategy is good... K.a.) depending on where you go out. I am long to 230$
https://www.tradingview.com/x/U1ArWghx
It has to be said that
1. one credit
2. different long trade executions of different types in a single strategy
3. your reasoning
Not arguing that you should do this. To put it nicely.
Gambling is stupid.
PLEASE
Do it like a trader.
Set a stop loss and take profit and execute them coldly. Do not decide emotionally when and how you are satisfied.
It can work (whether out of luck or because the strategy is good... K.a.) depending on where you go out. I am long to 230$
https://www.tradingview.com/x/U1ArWghx
It has to be said that
1. one credit
2. different long trade executions of different types in a single strategy
3. your reasoning
Not arguing that you should do this. To put it nicely.
Gambling is stupid.
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@leveragegrinding 1. no comment 2. different long execution because the one with higher leverage is held shorter term (up to 299$) 3. do you mean the rationale for the selected companies or doing the whole thing at all?
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@ModernThommyShelby there are so many things open bro
Or at least they are not in the article
What would be your SL? Risk hedging? Floor?
Why don't you pay 1k and buy a prop trading challenge, if you pass it with the trade you can seriously try again afterwards and have calculable risk and reward
Going long Tesla with credit in the current market situation for 3 different periods is easy....
I have no idea.
Stupid?
Completely wild?
Unnecessary?
Most likely pure gambling. Risk management means 2% portfolio risk per trade and then making real money over time. Don't bet everything and don't take a 40% credit🫨
So if you know what you're doing, go for it, if not
Just save yourself the risk😂😂
As you can see, my head is bursting a little:
First and foremost, take a loan and then invest the largest amount in an unleveraged position for the medium term... You don't do that, if then you trade the market movement with the money ANYWAY, you manage with a little effort.
The whole credit risk for then medium-term buy and hold really makes no sense to me.
Or at least they are not in the article
What would be your SL? Risk hedging? Floor?
Why don't you pay 1k and buy a prop trading challenge, if you pass it with the trade you can seriously try again afterwards and have calculable risk and reward
Going long Tesla with credit in the current market situation for 3 different periods is easy....
I have no idea.
Stupid?
Completely wild?
Unnecessary?
Most likely pure gambling. Risk management means 2% portfolio risk per trade and then making real money over time. Don't bet everything and don't take a 40% credit🫨
So if you know what you're doing, go for it, if not
Just save yourself the risk😂😂
As you can see, my head is bursting a little:
First and foremost, take a loan and then invest the largest amount in an unleveraged position for the medium term... You don't do that, if then you trade the market movement with the money ANYWAY, you manage with a little effort.
The whole credit risk for then medium-term buy and hold really makes no sense to me.
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@ModernThommyShelby and the comparison to the car is a big problem, comparing expected returns on investments with the costs of maintaining a network object makes 0 sense, especially when it comes to a loan. One exists for a purpose, the other fulfills the purpose of the return, so a car fulfills its purpose, a loan for gambling does not necessarily.
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@leveragegrinding I can't predict market movements, so I don't even try to trade them. I am simply convinced that the intrinsic value of Tesla is far above the current share value, the future looks much brighter than 2-3 years ago when the share price was over 400$. Mainly responsible for the price drop were the massive price cuts, which will hurt in the short term and have severely impacted margins, but in the long term consolidates Tesla's strong market position because they are the only ones profitable at these prices. In addition, the lack of delivery expectations in the last quarterly figures and the current low-growth phase, although this will accelerate again due to Cybertruck and above all the 25k compact Tesla. That's why I'm trying to have as much exposure as possible in order to profit as much as possible from the price increase. Unfortunately I don't have a crystal ball.
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@ModernThommyShelby understand. Now regardless of the fact that I see it the same way with Tesla from a technical point of view and would go through with the trade (has nothing to do with a crystal ball but probability calculation by the way, even if the mainstream doesn't understand this because it doesn't deal with it), what prevents the Tesla price from not reflecting the true value for another 3 years? There is no law that stipulates how long stock market prices can remain unrealistic.
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@leveragegrinding Oh, forgot to answer. By crystal ball I meant that you can never know 100%, especially if you have no idea about TA like me.
It is very possible that Tesla will not reflect the true value for another 3 or 4 years ("markets can stay longer irrational than you can stay liquid") but it can also go up unexpectedly within a very short time (like yesterday over 6%) so I prefer time-the-market.
It is very possible that Tesla will not reflect the true value for another 3 or 4 years ("markets can stay longer irrational than you can stay liquid") but it can also go up unexpectedly within a very short time (like yesterday over 6%) so I prefer time-the-market.
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