TSLA is toast? <--- epic selloff

I am SUCH a fcking genius, TSLA down big :D

Lod $780

#toldyouso
fuck outta here
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A pro trader want to explain this to Ken? Point went over his head

Your point was that the QQQs stopped dropping at 1pm and were recovering during a minor afternoon bounce.

Would a pro trader explain to here4m that it's irrelevant since TSLA closed down on the day? Bonus points if you add that since it closed at a 2day low it's especially bearish. :D #pwned
 
Your point was that the QQQs stopped dropping at 1pm and were recovering during a minor afternoon bounce.

Would a pro trader explain to here4m that it's irrelevant since TSLA closed down on the day? Bonus points if you add that since it closed at a 2day low it's especially bearish. :D #pwned
No, point was all tech closing down for the day, and a 2 day low, TSLA being no exception.
 
No, point was all tech closing down for the day, and a 2 day low, TSLA being no exception.

Good point, eg TSLA down wasn't an outlier, breadth of selling was widespread.

If only I traded options, I'd buy puts with a 650 strike, but I don't so I won't... not a trade recommendation. It'll be fun to watch
 
Good point, eg TSLA down wasn't an outlier, breadth of selling was widespread.

If only I traded options, I'd buy puts with a 650 strike, but I don't so I won't... not a trade recommendation. It'll be fun to watch
While you have @Here4money on the line here, and while we're speaking of options..

... and "professional traders"....

A pro trader want to explain this to Ken?

Right.


Can you please ask him to answer the question I presented to him in response to his post last night.
This post by him:

I got a RH account for shits and giggles. I was trading 5 contracts w/1k$ deposit. That's 500 shares w/o needing to trade a single stock prior on their platform.


I'm STILL waiting to hear which strike on GME went off at $2/contract.

I guess we all need a "professional trader" to explain that one.

https://www.elitetrader.com/et/threads/explain-this-to-me.355347/#post-5309654

and...

https://www.elitetrader.com/et/threads/explain-this-to-me.355347/page-2#post-5309989
 
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