• 1984@lemmy.today
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    7 months ago

    I bought stocks at 170 and sold a few days ago at like 150. Would not recommend.

    If the report is bad, Tesla will probably be back at 110.

    • JDPoZ@lemmy.world
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      7 months ago

      Puts are where it’s at anyway. Hard to predict good moves… easy to see dumb ones that will hurt shortly after they are made.

      • kameecoding@lemmy.world
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        7 months ago

        Not with tesla, shit has been irrational for a decade now. Who knows how long the techbro elonsuckers will keep the price inflated

      • ColeSloth@discuss.tchncs.de
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        7 months ago

        I tried that with them a couple times when it was obviously overvalued years ago. Damned thing just kept going up.

      • 1984@lemmy.today
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        7 months ago

        It’s alright, it’s part of the game. If we knew how the stock would move, we would all be millionaires.

        • Thorny_Insight@lemm.ee
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          7 months ago

          Just curious; why individual stocks rather than index funds? Is it just the gambling aspect of it i.e. chance of a quick win or is there something more to it?

          • 1984@lemmy.today
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            7 months ago

            Chance of quick win. Individual stocks can move 5-10% in a day and index funds move much more slowly.

            But yeah everyone says it’s almost impossible to beat index funds long term.