TESLA got a $1500 call exp 3/19.. too ambitious? my 1/15

669****986

01/13/2021 20:10

$TESLA got a $1500 call exp 3/19.. too ambitious?
my 1/15 multiple calls got burned this week and I lost most of my my account. used the last 1K I had to buy this call..
what do you guys think?
also, how do you recover from a loss I had (mentally and practically). I'm sure some of you would have experienced something similar and bounced? thanks

Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

Share to:

Download the Webull App and join community for discussions about the post. Download

All Comments(7)

480****84101/13/2021 20:16

I have calls and puts so as long as its not trading flat im cool with it lmao

Daytrade_King01/13/2021 20:14

You can use that 1000 on multiple spy contracts an scaLp puts in calls all day

669****98601/13/2021 20:23

dude thanks a lot, appreciate it. 🙏

Dc***01/13/2021 20:14

Could be too ambitious or could make tons of money. TSLA can run fast. Buy 1.5k is still far away, so who knows.

As for getting over a loss, i dont know if there is magic to this. I started being a bit less aggressive and focus on smaller but more stable gains instead of engaging in all in type of tactics. With a strategy like that, with time youll make your loss back and start making gains. And then the loss just ends up being a lesson. Thats how it worked for me.

Dea***com01/13/2021 20:14

if you sold your 1/15 calls before tomorrow you are dumb. big news tomorrow going to rise the market up.

669****98601/13/2021 20:20

yes I am aware of the Thursday incoming news. I sold few calls, couldn't take the bleeding.

Jmt***com01/13/2021 20:14

I think your good. Just reevaluate how you want to invest and dont try to hurry up and make money. I just started with 1k last and while i made 5 figures last year i also lost 5 figures. Wasnt smart and made too many mistakes. You can do it

669****98601/13/2021 20:25

Thanks the lot, appreciate the motivation.. much needed 🙏

Cigsmeyer01/13/2021 20:11

Dude no, im not an expert by any means but if youve already blown up your account the last thing you wanna do is hail mary it. take a step back and re evaluate your strategy

669****98601/13/2021 20:28

Gotcha.. yeah it's a risky gamble but the upside, I got nothing more to lose lol.
praying and hoping I make some decent money out of this.

Cigsmeyer01/13/2021 20:13

Everybody gets burned every once in a while. evaluate how much of your account size you leverage per trade, read a couple books and learn about the markets. It helps you to get over the loss and get your head back on track

Nic***com01/13/2021 20:11

yes get out of that call in my opinion. tsla premiums are to high for a small amount if you only have 1k . way over extended

669****986

19
Posts
6
Following
0
Followers

Hot Article

Dear client, Happy 2021! Thank you for being a part of Webull. We are always looking for ways to further improve your user experience. Right now, we are planning to launch a series of educational/tutorial content sometime in the Spring of 2021. Are there any specific financial topics you would like us to cover? Are there features on the app that you are still having trouble navigating around?

Feel free to list as many topics below as you like. All topic suggestions will be collected on January 15th, 2021. We will then list two from the list of most popular topics every Monday, and you will get to vote on which topic is more interesting/relevant to you. The topic with the higher vote will then be made into educational content to help you better understand the subject. More details regarding how to vote will be released soon.

Your feedback is extremely important to us and we thank you for helping make Webull an even better platform.

Stay safe, healthy and happy.

Best,
The Webull Team Webull Activities 01/07/2021 02:02

$Churchill Capital Corp IV locked and loaded boys wish me luck. Buying two lambos or two hondas....aaronpetry 01/19/2021 01:27

$Ocugen Inc im still buying this badass mother f**cker tomorrowCline 01/19/2021 02:42

$Bionano Genomics id like to take a second to remember a man who stood for peace and equality. a true revolutionary. good luck tomorrow everyone ! $OCEAN POWER TECH $Castor Maritime Inc $Aileron $9 Meters Biopharma Belflord E. Lee 01/18/2021 20:36

$Jaguar Health Jam***com 01/19/2021 03:43