Anyone on ET Daytrading TESLA

Hope that anyone day trading TSLA made at least 50% MoM
Otherwise you guys should stop day trading.

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Why day trade TSLA ?

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Well, I got TOS funded at PDT level and converted back to margin acct. I had converted to a cash account so I could trade options and not be subject to the 3 day-trade limit. My son is treating me to a special day in the Green Seats at the Cardinal game tomorrow, free food and drink all day with seats in 4th row behind the plate so I can't try out my new toy. I might try to use my phone between innings to get 4 quick day trades of 1 share each out of the way so I will be labeled as PDT. If your are not PDT for each trade after the 3rd trade you get that nuisance warning with every trade after the 3rd one. So I will have that out of the way and then be on my way to fame and fortune trading TSLA :D.
 
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Illini Trader said:
Well, I made a decision. Watching ES today was like throwing a small rock into a pond and watching the ripples while TSLA had some meaningful moves. I am going to bring my TOS account up to PDT levels and trade Tesla.

Just curious: What do you think would be a decent expectation of average daily profit per share while daytrading TSLA. I have a number in mind but I don't want to be the first to say.
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If thinking in terms of average daily profit, I dont think you should be trading. Your need for daily profit will drive bad decisions.

I'd prefer a "take what is there to be taken" way of doing things.
 
Illini Trader said:
Well, I got TOS funded at PDT level and converted back to margin acct. I had converted to a cash account so I could trade options and not be subject to the 3 day-trade limit. My son is treating me to a special day in the Green Seats at the Cardinal game tomorrow, free food and drink all day with seats in 4th row behind the plate so I can't try out my new toy. I might try to use my phone between innings to get 4 quick day trades of 1 share each out of the way so I will be labeled as PDT. If your are not PDT for each trade after the 3rd trade you get that nuisance warning with every trade after the 3rd one. So I will have that out of the way and then be on my way to fame and fortune trading TSLA :D.
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This just of so totally reaks of an amateur about to lose his nuts.
 
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