These days everyone talks about Tesla closing 75% of its bitcoin position.
Let's evaluate it and see if there is anything that we can learn from it:
1- A Perfect Entry: according to Tesla's earnings call average entry price was $31,620..! Considering 27829 was the lowest price of 2021 and bitcoin traded only 22 days below Tesla's average.
2- Missing opportunity to realize +100% gain in less than 1 year, Twice..!
3- Closing below Entry with 170 million USD loss: Tesla sold $936 million worth of Bitcoin at the price of $28,888!
As you can see to be successful in Trading or Investing you need a perfect entry and exit strategy, but you should not forget that your gains are not yours unless you realize it!
As you can see Tesla had the chance to make a 1.7 Billion USD profit in 2021, but they lost that opportunity and shareholders should pay for Elon's 1.5 Billion USD gamble..!
Education:
Minimal requirements for a good effective trading/Investing system:
1- Entry Criteria
2- Exit Criteria: Target, Stop Loss
3- Profit protection Plan: Trailing Stop loss
The last one is very important because you should never let a winning trade turn into a loser one..!
If your trading setup lacks any of the above-mentioned requirements, you will lose money even if you are Elon Musk..!
Best
Let's evaluate it and see if there is anything that we can learn from it:
1- A Perfect Entry: according to Tesla's earnings call average entry price was $31,620..! Considering 27829 was the lowest price of 2021 and bitcoin traded only 22 days below Tesla's average.
2- Missing opportunity to realize +100% gain in less than 1 year, Twice..!
3- Closing below Entry with 170 million USD loss: Tesla sold $936 million worth of Bitcoin at the price of $28,888!
As you can see to be successful in Trading or Investing you need a perfect entry and exit strategy, but you should not forget that your gains are not yours unless you realize it!
As you can see Tesla had the chance to make a 1.7 Billion USD profit in 2021, but they lost that opportunity and shareholders should pay for Elon's 1.5 Billion USD gamble..!
Education:
Minimal requirements for a good effective trading/Investing system:
1- Entry Criteria
2- Exit Criteria: Target, Stop Loss
3- Profit protection Plan: Trailing Stop loss
The last one is very important because you should never let a winning trade turn into a loser one..!
If your trading setup lacks any of the above-mentioned requirements, you will lose money even if you are Elon Musk..!
Best
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.