Well folks, it happened today. TSLA went crazy. And I missed it. Well, most of it. I was watching it like a hawk to break out of its coil yesterday. It didn't but I knew it could today, but due to some others that were losers right off the bat for me this morning, I wasn't paying enough attention to remember how big of a deal a break would be. I did manage to buy one call at the break and make $140 profit, but missed out on $600 more by selling way too early, and only went in small due to the losses on the day shaking me up psychologically.
Moral of the story, if you get a chart that's doing what you hope, go big (still keeping a stop loss of course) and let it ride, even if you've lost some that day.
Moral of the story, if you get a chart that's doing what you hope, go big (still keeping a stop loss of course) and let it ride, even if you've lost some that day.