FKING TESLA STOCK BABY!!!

[Louisiana_CRX 5,000+ posts]

tesla is quite different from GM. for one.... their product is absolutely FAR superior than any GM car. i'm not being biased because i dont care about EV but everyone that owns a tesla loves that shit to death. GM is only an auto maker. Tesla is more like a tech stock. You have tesla super charging stations all around the states, You have shanghai tesla factories to capture the asian market, the german factory to capture european market. Starlink is opening its IPO soon which will give tesla cars free internet basically. Also Elon Musk himself is an absolute gold mine. All these decades on earth and human civilization hasn't advanced for shit with space, took a crazy mother fucker like Musk to advance the human race. there's huge extrinsic value in the CEO which reflects the stock. Everyone keeps talking about the bubble but the current stock prices dont lie and people talking about the bubble popping when it was 250 dollars a share waaay back last year are crying their eyes out not getting in on the stock. Stock will still hold value above 600... hoping it drops a lot more so i can do july expiration calls for cheap. It costs like 9k a contract right now ffff man.

ps: All GM cars are known for is horrible reliability, poor longevity high maintenance, shit price, piece of shit lemons that cant hold their price for shit. They literally have absolutely nothing on tesla in the modern world. No one has a boner for GM cars... Last thing on their minds. Everyone has a boner for a tesla all over the world. They already established their personal branding. While GM is just known as the shitty overpriced american car that falls apart all around the world. Yes i've traveled and i talk about cars to random people around the world.

Also all the investors we only screwed if they sold and locked in their losses. if it was cheaper than toilet paper and they knew the company would remain relevant in the long run, they'd buy all that shit at a 99% discount. Well the smart ones anyways. Most people playing the stock market rely too much on emotion rather than being a technical robot.

I only know all this about tesla because if i'm putting big money to a stock I'd better know every single fking thing about it.

Well I do hope it works out in the best for you on your investments

 

[Jeffdachef 5,000+ posts]

going back in, with a 6 month out option for tesla. They are going to sell their auto driving software service to other manufacturers. Its definitely not an "auto stock" at all lmao.

 

[wew lad 5,000+ posts]

Invest your gains, nothing more. Just your gains.

 

[Jeffdachef 5,000+ posts]

Invest your gains, nothing more. Just your gains.

dude everything is gains. i started with $150 in my RH account, i never added anything more. Thousands of trades later... its finally paying off.

 

[wew lad 5,000+ posts]

dude everything is gains. i started with $150 in my RH account, i never added anything more. Thousands of trades later... its finally paying off.

I was going to do that myself and a friend threw $2k in 2 years ago and tried day trading and made it nowhere so I swore it off. I imagine it takes A LOT of time to get educated enough to even start.

 

[Jeffdachef 5,000+ posts]

I was going to do that myself and a friend threw $2k in 2 years ago and tried day trading and made it nowhere so I swore it off. I imagine it takes A LOT of time to get educated enough to even start.

you cant even daytrade with 2k... in any platform you are restricted to 3 day trades in a rolling 5 day period per SEC rules. That means you get 3 day trades a week means your chance of success is very little. Only when you have 25k in your account is when you have unlimited daytrades and thats when you can make actually money but you'll need like 12 monitors and its like a full time job, yuck. I'll stick with swing trading, soo much less stressful when you buy several months out options and take profit whenever and if it went down, it doesnt matter since the market is always at an uptrend if you trade indexes and etfs which are safer than stocks since its always at an upwards trend.

I trade on RH because its fast and simple while i'm on the go but I do all my research, anaylsis, charting, probabilities/profits calculations and fundamentals on think or swim. Its a steep learning curve even with 2 months of study along with paper trading with fake money, and it took me awhile to be consistent on my trades with real money to know what works best and keep the strategy. I remember my first big loss after hitting 3k the first time and getting cocky i lost half of that and then my emotions took over and led to more bad trades was down to 500 again... then re-evaluated myself and forced myself to stick with the boring strategy and be robotic as possible playing probabilities and the rule of large numbers and things worked out. Now i'm getting around 70- 80% winrate and its supplementing my monthly income. Taking out a few hundred profit each month to pay my utilities and property taxes.

 

[wew lad 5,000+ posts]

you cant even daytrade with 2k... in any platform you are restricted to 3 day trades in a rolling 5 day period per SEC rules. That means you get 3 day trades a week means your chance of success is very little. Only when you have 25k in your account is when you have unlimited daytrades and thats when you can make actually money but you'll need like 12 monitors and its like a full time job, yuck. I'll stick with swing trading, soo much less stressful when you buy several months out options and take profit whenever and if it went down, it doesnt matter since the market is always at an uptrend if you trade indexes and etfs which are safer than stocks since its always at an upwards trend.

I trade on RH because its fast and simple while i'm on the go but I do all my research, anaylsis, charting, probabilities/profits calculations and fundamentals on think or swim. Its a steep learning curve even with 2 months of study along with paper trading with fake money, and it took me awhile to be consistent on my trades with real money to know what works best and keep the strategy. I remember my first big loss after hitting 3k the first time and getting cocky i lost half of that and then my emotions took over and led to more bad trades was down to 500 again... then re-evaluated myself and forced myself to stick with the boring strategy and be robotic as possible playing probabilities and the rule of large numbers and things worked out. Now i'm getting around 70- 80% winrate and its supplementing my monthly income. Taking out a few hundred profit each month to pay my utilities and property taxes.

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I don't even know where I'd get started to be honest, but I'm willing to risk a couple hundred bucks since I'm making decent money. I can probably do some of it at work but 3 day trades isn't a big deal time wise, it's just monitoring the stocks I suppose.

You still doing the same line of work as before? If so, I imagine that gives you plenty of time to do this type of thing.

 

[Jeffdachef 5,000+ posts]

I don't even know where I'd get started to be honest, but I'm willing to risk a couple hundred bucks since I'm making decent money. I can probably do some of it at work but 3 day trades isn't a big deal time wise, it's just monitoring the stocks I suppose.

You still doing the same line of work as before? If so, I imagine that gives you plenty of time to do this type of thing.

no i'm in aerospace production engineering now. I get off, go home and the market opens up so its my side job lol. If you want things simple, just throw a call to SPY (S&P 500) or QQQ (nasdaq etf) or DIA (dow jones industrial average etf)for two - three months out a little bit above the money during a market dip (usually happens Friday noon time) and just wait until you see the profits you like then close out the contract. its actually that simple since Those track the US economy and we are always at an up trend and you have 2-3 months to make profit. This is my staple income strategy to fund all my higher risk plays.

Every week ill do a a couple of these plus normal stocks to diversify but you can do pure etfs and do just fine and this is the profit after one week. I can close it or let it ride. The usual safe stocks I trade are apple, microsoft, visa, mastercard, amd, and nvidia using a buy at the dip strategy for calls.

I do other advanced strategies, spreads, condors, straddles, butterflies etc... but I'm trying to keep it simple for you with just calls which does fine in a bull market.

 

[wew lad 5,000+ posts]

no i'm in aerospace production engineering now. I get off, go home and the market opens up so its my side job lol. If you want things simple, just throw a call to SPY (S&P 500) or QQQ (nasdaq etf) or DIA (dow jones industrial average etf)for two - three months out a little bit above the money during a market dip (usually happens Friday noon time) and just wait until you see the profits you like then close out the contract. its actually that simple since Those track the US economy and we are always at an up trend and you have 2-3 months to make profit. This is my staple income strategy to fund all my higher risk plays.

Every week ill do a a couple of these plus normal stocks to diversify but you can do pure etfs and do just fine and this is the profit after one week. I can close it or let it ride. The usual safe stocks I trade are apple, microsoft, visa, mastercard, amd, and nvidia using a buy at the dip strategy for calls.

I do other advanced strategies, spreads, condors, straddles, butterflies etc... but I'm trying to keep it simple for you with just calls which does fine in a bull market.

Interesting, I'm sure you know by now I'm in aviation as well but on the other side of operations.

The gains you made, how much are you trading with?

 

[Jeffdachef 5,000+ posts]

Interesting, I'm sure you know by now I'm in aviation as well but on the other side of operations.

The gains you made, how much are you trading with?

that QQQ is my cheapest one which is 70 a contract when i bought in. I keep half my money in reserve and keep position sizes small just in case something fks me over.

My boy became a pilot!!! congrats

 

[wew lad 5,000+ posts]

that QQQ is my cheapest one which is 70 a contract when i bought in. I keep half my money in reserve and keep position sizes small just in case something fks me over.

My boy became a pilot!!! congrats

lol I've been a pilot for almost 8 years I just don't talk about it

 

[rmsanger_2]

JFC millenials... Go invest all your moneyz in cryptos and tesla.

 

[Slo_Ride 5,000+ posts]

JFC millenials... Go invest all your moneyz in cryptos and tesla.

I don't know about all that. Moderance my friend.

 

[Jeffdachef 5,000+ posts]

JFC millenials... Go invest all your moneyz in cryptos and tesla.

Nah boeing, cruises, airlines are the current fast cash cows until the economy tanks again. The boomer stocks.

 

[Slo_Ride 5,000+ posts]

Nah boeing, cruises, airlines are the current fast cash cows until the economy tanks again. The boomer stocks.

Aint that the truth