The intended trading portion (in a different account) is only 11% of my total investment in TSLA.
Though, I haven't traded yet. One day order failed and looking back it was for my good.
Luckily, recently, my one day sell order was not filled. I only use day orders. My price was about $1 higher than the day's high. I was lucky not to sell. It was one day before the recent start in TSLA share price move up.
The following day TSLA began its recent rise, into $800 and above.
I will resume trading based on T/A within my chosen Indicator parameters and criteria. Hopefully in good attention and discipline. Easier said than done, lol.
When I see the weekly Uptrend stops: Sell when Downtrend begins right away. Buy, when the Weekly Uptrend shows up.
The previous Weekly Downtrend lasted 22 weeks.
The current Uptrend is already in its 13th week.
However, their duration changes. Many factors are in play. Rumor, news, developments, articles pros and cons, etc., etc.
My challenge happens to be lack of an orderly and disciplined and continued attention in checking the appropriate T/A Indicators in a timely manner.
I am hesitant in trading Tesla shares for my own shortcoming.
I believe in Tesla, Inc. potential and its unique position and ability to meet this EV transformation challenge. Long Term holding is more suitable for me considering the situation.
But I'm not a patient enough person by temperement. I failed my Amazon shares long term and dumped them before the promising rewards.
Commitment to timely, steady and disciplined attention is the challenge.
Cheer & GLTY
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