Tesla. One to watch.

Discussion in 'Sharemarket News & Market Analysis' started by Sackie, 27th Jan, 2023.

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  1. Sackie

    Sackie Well-Known Member

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    I'll hold it until price breaks below the 10ema then sell. I've already moved all my stop loses to $209. So now it's a matter of how much profit can I take from it.
     
    Sackie, 9th Jun, 2023
    #21
  2. willair

    willair Well-Known Member Premium Member

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    Sackie- thanks for your time to post that..
    As we both know everything can be humming along perfectly ,then your watching at 3 in the morning and suddenly everything is completely turned on its head and wacko . Good luck..
     
    willair, 9th Jun, 2023
    #22
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  3. Sackie

    Sackie Well-Known Member

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    Absolutely mate. That's why having SL are essential. I've been caught out before and it's not pretty lol
     
    Sackie, 9th Jun, 2023
    #23
  4. rsmallri

    rsmallri Well-Known Member

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    What resources did you use to learn your technique?
     
    rsmallri, 9th Jun, 2023
    #24
  5. Ruby Tuesday

    Ruby Tuesday Well-Known Member

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    You dont have to make big bets take a small position, if you dont take a small position you are making a big bet. A 2% position can grow to over 30% of portfolio even after pulling out original fund so you have free hold. Generally the longer you hold the less the risk as you are buying compounding earnings. and dips become irrelevant.
     
    Ruby Tuesday, 9th Jun, 2023
    #25
  6. oracle

    oracle Well-Known Member

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    It is only complicated if you make it so.

    Buffett said the above in May 2018. See link

    Calculating the total portfolio value from May 2018 to May 2023 the $51,000,000 would be worth approx $88,000,000 today. See link

    Since 1942, Americans have seen 15 U.S. presidents, a world war, 9/11, the Cuban Missile Crisis and Covid Pandemic. The investor did not need any special investing skills or efforts managing their investments and they would have still done better than 90% of professionals. To me that is an amazing result.

    At the risk of derailing the thread. If my memory serves me well you were investing in commercial real estate (particularly medical centres) for income. If that is true what made you to transition to shares / index funds.

    Cheers,
    Oracle.
     
    oracle, 9th Jun, 2023
    #26
  7. sound20

    sound20 Well-Known Member

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    One thing I was wondering @Sackie -

    As per the image in the original post of this thread - how did you determine there was massive amounts of institutional money flowing in to Tesla?
     
    sound20, 9th Jun, 2023
    #27
  8. Sackie

    Sackie Well-Known Member

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    @oracle True mate. I guess I was specifically referring to trading. Although that's a personal choice and more to your point, you don't have to take that approach and over complicate things.
     
    Sackie, 9th Jun, 2023
    #28
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  9. Sackie

    Sackie Well-Known Member

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    I'll reply to this when I have some time. I definitely didn't know for certain. It's very important to stress that. I based my decision on probabilities.
     
    Sackie, 9th Jun, 2023
    #29
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  10. Sackie

    Sackie Well-Known Member

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    Briefly, What works for me is using the wycoffian framework to understand how and why the big money moves and then using volume price analysis to execute decisions on the weekly and monthly timeframes with a probabilistic approach over many trades. All that is useless unless risk management is front and centre. Not going to get into the specifics as it'll take way too long and is unnecessary.
     
    Sackie, 9th Jun, 2023
    #30
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  11. Sackie

    Sackie Well-Known Member

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    See Post above.
     
    Sackie, 9th Jun, 2023
    #31
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  12. sound20

    sound20 Well-Known Member

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    Thanks @Sackie. Lots in your post for me to research more. Much appreciated!
     
    sound20, 10th Jun, 2023
    #32
  13. HiEquity

    HiEquity Well-Known Member

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    You have an excellent memory - I can see why you are called @oracle!

    Direct Commercial has been very kind to us. Two reasons to change:
    - Not yet seeing yields increase with interest rates on direct investment’s although ironically the pricing of A-REITs has moved significantly, so I’m pondering options in that space too.
    - Our retirement plan consists of a lot of hiking and travelling, with a focus on physical health and exercise. Hard to manage a CIP (or RIP) portfolio when you’re routinely out of range. Something like VAS on the other hand…

    I also want to still place big bets and keep some perception of relatively safe leverage. Still awhile before the kids leave home so trying to set something up where we don’t get smashed by CGT when we need to move across…
     
    HiEquity, 10th Jun, 2023
    #33
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  14. Sackie

    Sackie Well-Known Member

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    Sackie, 13th Jun, 2023
    #34
    Piston_Broke and propernewb like this.
  15. Piston_Broke

    Piston_Broke Well-Known Member

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    Piston_Broke, 14th Jun, 2023
    #35
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  16. Sackie

    Sackie Well-Known Member

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    I scratch like 10 trades at BE and take some small losses on others waiting for a trade like this one.
     
    Sackie, 14th Jun, 2023
    #36
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  17. Sackie

    Sackie Well-Known Member

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    Tesla recently broke a significant downward trendline on the weekly chart. Last week I added again to my position. I'm in now a high six figure amount. The SANF just got a bit more unpredictable.

    Screenshot_20230702-201706.png
     
    Last edited: 2nd Jul, 2023
    Sackie, 2nd Jul, 2023
    #37
  18. Redwing

    Redwing Well-Known Member

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    Tesla is down -44% since July 2023

    META beat earnings and dropped

    TESLA missed earnings and rose

    upload_2024-4-25_9-7-7.png
     
    Redwing, 25th Apr, 2024
    #38
  19. Sackie

    Sackie Well-Known Member

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    From my first post re Tesla, it rose more than 80%. Many long opportunities back then. Happy days.

    I've been shorting tesla for a while now.
     
    Sackie, 25th Apr, 2024
    #39
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  20. Zyzz

    Zyzz Well-Known Member

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    Tesla is gonna moon hard imo once the Telsa bot starts production.
     
    Zyzz, 25th Apr, 2024
    #40
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