Ping Sheng G
2022-10-18

$Tesla Motors(TSLA)$With the price drop almost 50% from its high, may be it's time to DCA down.

Will Tesla drag down the broader market?
On the long-waited Investor Day, Tesla plunged 5.61% after market. ----- [TOPIC] Will Tesla drag down the broader market? What's your trading strategy for you today? Plan to hedge Tesla's plunge or bottom stocks?
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Comments

  • DaisyMoore
    2022-10-18
    DaisyMoore
    This is an absolute nightmare for me. When Tesla's share price began to fall, I thought it was only a temporary adjustment, so it was not sold. The results have been held up to now. I lost nearly 30%!!!
    • DaisyMooreReplyPing Sheng G: 
      I hope so. I am worried about the high inflation rate and tight monetary policy.
    • Ping Sheng GReplyDaisyMoore: 
      sorry to hear that. This year is ending soon, hopefully next year we could see some  bouncing moves.
    • DaisyMooreReplyPing Sheng G: 
      You're right. But I don't have enough money to invest anymore. I can only pray and wait.
    • Ping Sheng G: 
      I think most of retail investors are on the same boat, you're not alone.
      And perhaps DCA down is the most cost effective way. Not a financial advice though. DYR
  • MurrayBulwer
    2022-10-18
    MurrayBulwer
    You're right. Its decline is far more than I expected. Even let me doubt its future development.
    • Ping Sheng GReplyMurrayBulwer: 
      yeah, I also think the same way
    • MurrayBulwerReplyPing Sheng G: 
      you bet. The overall decline of the market does affect its share price trend. But its delivery mistakes also gave me a new perspective on its operation.
    • Ping Sheng G: 
      I think it's a combination of macro and micro factors. So,  once that's gone, we'll see some rewards, not financial advise.
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