Irrational stupidity can last longer than your margin account...
Tesla : BEAR in my opinion, what is the bullish case?
- Thread starter Chris Mac
- Start date
Irrational stupidity can last longer than your margin account...
Scaleout.Scalper
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Yeah, he made similar thing with Google's IPO, bragging Google was way too expensive.
This guy is a genius : do exactly opposite and you are rich.
Conclusion : you can short Tesla @USD200 and buy back @30 !
Chris Mac
Actually, he is a genius, an academic genius. He was a Baker scholar at Harvard Business School, i.e. top 5% of his class. However, his AUM peaked at $400m in 2011. Now at $59m.
And that is why he failed because he was too confident with his brain. Trading is about skills and mental, not IQ level.
LTCM guys, Jesse Livermore...
All geniuses but they lost fortunes...
And humility. Recognizing when one is wrong and getting out asap rather than holding on to a TSLA short for up to a 500% loss!
I got TSLA under a breakdown watch, but at the same time this is double support area
BREAKDOWN WATCH for possible breakdown below 187.95, no support in area just below.
Type: True breakdown from double support.
Target: 170.1, 11.3% Cover: 198, Loss: 3.3%, Profit/Loss ratio: 3.4 : 1 - Excellent
source: TSLA at StockConsultant
BREAKDOWN WATCH for possible breakdown below 187.95, no support in area just below.
Type: True breakdown from double support.
Target: 170.1, 11.3% Cover: 198, Loss: 3.3%, Profit/Loss ratio: 3.4 : 1 - Excellent
source: TSLA at StockConsultant
