First of all, A lot of people are comparing TESLA with Amazon. Tesla is not AMAZON.
Tesla Prices will come CRASHING down to 800-900 Mark, That's A Good Place to buy for MAXIMUM amount of ROI.
Put stop loss @ 750
Will Tesla Hit $1,500? Probably, MAYBE. How can you make money from this?
Trade For FEW Hours, Take your profit and CALL it a DAY Do not LEAVE your POSITIONS OPEN IF YOU BUY Now.
Either WAY you can make money, AS LONG as you do it right! I will be doing quick trade for quick cash and sell FAST. If i see 5% profit, I am calling it a day and selling then i will buy again later.
If i am making a reasonable profit right now
then i would watch it tomorrow and sell it off......
People are going to start dumping their stocks in few days, maybe tomorrow.
I really think we might cross 1500 tomorrow but it's coming down
like hell after that.
If you sell it while it comes down then that's fine but
make sure you have a GOOD stop-loss order placed because market will get volatile very quickly.
A lot of my clients are using Robinhood, and They are going to
have issues with execution time as well. Just be careful.
I sold my 14 Units today with decent profit because I like to sleep in peace. lol