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Tesla Intraday Trading - Double Chances or Double Trouble?
Dear Trading Community, I had an enlightening idea while showering this morning that's either completely idiotic or absolutely brilliant. Let's philosophize about Tesla and the art of leveraged trading. The thesis is actually quite simple: Tesla is notoriously more volatile than a teenager's mood swings. So why not capitalize on this volatility? The plan: Every morning at the same time, simultaneously open both a long and short position with moderate leverage (5-15x). Tesla will inevitably move in *some* direction (unless it's another sideways market day, but who believes in those with Tesla anyway). As soon as one position turns green - cash out. The other position? Well, we let it ride, because Tesla swings back and forth like a metronome on speed. The price will eventually reverse... or not. **But seriously, let's talk risks:** - Double position fees - Spread costs in both directions - If Tesla really crashes or moons, one position gets completely wiped - The notorious theta decay eats away at both positions - Musk might tweet. Need I say more? What do you think about this "foolproof" strategy? Is this the path to quick riches or an express ticket to the savings account? Has anyone experimented with similar approaches? P.S.: This is not financial advice. I sometimes eat crayons for breakfast.4
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