To The Moon

Tigers who heavily invested in $Tesla Motors(TSLA)$ might have finally broken even or made substantial profits during the recent surge. On April 22, Tesla touched its lowest point of the first half at $138, down 44% from $250 at the beginning of the year. However, some say they could withstand a 50% loss but couldn’t hold on to a 50% gain. Most steadfast Tesla holders likely didn’t sell at the low point, but they might have sold after Tesla rose to broke even. Endure a 50% loss without selling or to hold on to achieve a 50% gain? Which one is it harder for you? For me, if I bought at a relatively high price, I would probably sell once I broke even. Holding onto a loss for an extended period makes me lose patience, and I worry that such a rebound is temporary, preventing me from enjoying a 50% profit. The weel strategy shared by @谋定后动 in the recent livestream can effectively solve my problem. When there is cash in the account, short puts and buy at relatively low prices; after exercising the option to buy the stock, sell covered calls at a price slightly higher than the cost. This way, the process avoids timing issues and earns premiums from short puts and calls, as well as the difference from buying low and selling high on the stock. To learn more about this strategy, you can click to watch the live replay. Have you ever sold a stock as soon as it broke even? Endure 50% loss or hold on to 50% gain? Which is harder for you? Have you ever tried wheel strategy? Leave your comments and also post to win tiger coins!