People got carried away with the tesla debt and Elon twitter
drama. But no one to this date pays attention to their technology.
I still remember someone in BPT was making fun of TSLA how it
dropped from 380 to 180 in a year. Yes thats true . But did anyone
look at it as buying opportunity ?? Most of my dumb doctor friends
who have zero clue about stocks went and bought it from 175-225
level. I bought long term calls at 240-250 level but got out at
390. I missed a big move from 400 to 650 now. That would have been
like 500K dollars because i had 20 calls of 360/370 strike expiring
July 2020.
12 years since Tesla car was launched - show me ONE car - that
comes half as close. Tesla cars will take over the entire world. I
though china would be a headwind but thats going be a strong point
for them now that they opened a gigafactory there. Germany is
next.
TSLA will run to 1500/2000 level like AMZN did. Lot of people
missed that massive move in AMZN from 400 to 2000. Now AMZN is in
consolidation mode. but most likely we wont be able to get that
800-1000 price ever unless some major disaster happens. I even see
SHOP and MELI also joining the $1000-2000 club. I know you
guys are traders but if you can also give us some ideas on how we
can accumulate these good companies over time, that would be really
helpful. I personally believe wealth can be built in the stock
market by identifying great companies and accumulating over
time.
utilize the tools I gave you guys. 60 Stochastic above
50%, is bullish - go look at weekly chart of AMZN, would have got
you in last at early 2015. Use my higher low stop method, if
you want longer term as a way to ratchet stops up, use it on weekly
instead of daily charts. the BPT MA Deluxe also useful on those
daily and weekly stocks. My moving average ribbon method.
MACD above zero is bullish, the ATR indicator - I've given you
these valuable tools for trending so go use these on the companies
you like.
Matt Thanks so much for responding this late. I wish i can
interpret that chart. There are too many tools. but that being said
- if we want to do something , we should be prepared to learn. I
know you talk about these a lot on newsletters.
few questions :
1) Do you have any sticky link with videos on how to understand
this and more importantly - critical notes on stops/MACD etc
2) This is obviously trade station link which i dont have. I
took stockcharts membership and I use Thinkorswim. Can you show us
how to do these long term chart indicators on TOS. I can understand
stock charts but this TS is literally like greek/latin
3) Would you be open to doing a trading webinar /live seminar (
obviously we expect you to charge us if you do that)
Posted by makarolya on 30th of Jan 2020 at 08:54 am
Matt, I am new to this forum, and obviously have to learn a lot,
I am with arun on his questions about how to learn the
technical indicators you are using. Webinar is a great idea.
I literally discuss those indicators almost on a daily basis -
following the newsletter, the posts you will learn. Things like the
higher low method has been discussed for a long time, the 60
Stochastic has the 50% level, I've been saying that for maybe 10
years? None of that stuff is new. Do I have an Ebook you can
read, no wish I had time to put one together, but since you are
here welcome and you will see these things over time
People finally started believing b
TSLA This chart could be used in a future book ...
Posted by arun on 29th of Jan 2020 at 08:39 pm
People finally started believing b this story. This will be joining the 1000$ league soon.
well arun I was a
Posted by matt on 29th of Jan 2020 at 09:46 pm
well arun I was a believe back in the low and mid 200's as you know. But even I'm surprised it's went up this far this fast holy cow
People got carried away with
Posted by arun on 29th of Jan 2020 at 10:22 pm
People got carried away with the tesla debt and Elon twitter drama. But no one to this date pays attention to their technology. I still remember someone in BPT was making fun of TSLA how it dropped from 380 to 180 in a year. Yes thats true . But did anyone look at it as buying opportunity ?? Most of my dumb doctor friends who have zero clue about stocks went and bought it from 175-225 level. I bought long term calls at 240-250 level but got out at 390. I missed a big move from 400 to 650 now. That would have been like 500K dollars because i had 20 calls of 360/370 strike expiring July 2020.
12 years since Tesla car was launched - show me ONE car - that comes half as close. Tesla cars will take over the entire world. I though china would be a headwind but thats going be a strong point for them now that they opened a gigafactory there. Germany is next.
TSLA will run to 1500/2000 level like AMZN did. Lot of people missed that massive move in AMZN from 400 to 2000. Now AMZN is in consolidation mode. but most likely we wont be able to get that 800-1000 price ever unless some major disaster happens. I even see SHOP and MELI also joining the $1000-2000 club. I know you guys are traders but if you can also give us some ideas on how we can accumulate these good companies over time, that would be really helpful. I personally believe wealth can be built in the stock market by identifying great companies and accumulating over time.
utilize the tools I gave
Posted by matt on 29th of Jan 2020 at 10:49 pm
utilize the tools I gave you guys. 60 Stochastic above 50%, is bullish - go look at weekly chart of AMZN, would have got you in last at early 2015. Use my higher low stop method, if you want longer term as a way to ratchet stops up, use it on weekly instead of daily charts. the BPT MA Deluxe also useful on those daily and weekly stocks. My moving average ribbon method. MACD above zero is bullish, the ATR indicator - I've given you these valuable tools for trending so go use these on the companies you like.
Matt Thanks so much for
Posted by arun on 29th of Jan 2020 at 11:08 pm
Matt Thanks so much for responding this late. I wish i can interpret that chart. There are too many tools. but that being said - if we want to do something , we should be prepared to learn. I know you talk about these a lot on newsletters.
few questions :
1) Do you have any sticky link with videos on how to understand this and more importantly - critical notes on stops/MACD etc
2) This is obviously trade station link which i dont have. I took stockcharts membership and I use Thinkorswim. Can you show us how to do these long term chart indicators on TOS. I can understand stock charts but this TS is literally like greek/latin
3) Would you be open to doing a trading webinar /live seminar ( obviously we expect you to charge us if you do that)
Matt, I am new to
Posted by makarolya on 30th of Jan 2020 at 08:54 am
Matt, I am new to this forum, and obviously have to learn a lot, I am with arun on his questions about how to learn the technical indicators you are using. Webinar is a great idea.
I literally discuss those indicators
Posted by matt on 30th of Jan 2020 at 09:23 am
I literally discuss those indicators almost on a daily basis - following the newsletter, the posts you will learn. Things like the higher low method has been discussed for a long time, the 60 Stochastic has the 50% level, I've been saying that for maybe 10 years? None of that stuff is new. Do I have an Ebook you can read, no wish I had time to put one together, but since you are here welcome and you will see these things over time
I saw those separately but
Posted by junkie on 30th of Jan 2020 at 09:27 am
I saw those separately but not in combination. I will explain in more details in a private message.
I think this news came
Posted by matt on 29th of Jan 2020 at 10:33 pm
I think this news came after the after hrs market was closed we'll see if that puts a bit of a damper on tomorrow's gap on TSLA
https://www.theverge.com/2020/1/29/21114377/tesla-coronavirus-delay-production-factory-china
this came at 7PM EST
Posted by arun on 29th of Jan 2020 at 10:40 pm
this came at 7PM EST ...stock didnt budge but if it drops that would help