I'm more of a risk-managed trend follower, preferring to enter trades with some level of confirmation, especially in volatile stocks like Tesla. I’d typically avoid trying to pick exact bottoms or tops unless I have strong technical or fundamental reasons to do so.
However, depending on the market environment or specific stock, I might use a contrarian approach selectively for stocks that I believe are undervalued or oversold, but I'd generally wait for more signals of market recovery before committing substantial capital.
Ultimately, Tesla’s price movements seem to align more with momentum traders and option traders who thrive on volatility. The right-side trading strategy might give me more comfort with its lower risk, but for those who are willing to take on more risk and have the skills to read early market signals, left-side trading offers significant upside potential.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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