Rookie Trader TSLA Missed Buy

Yesterday, I missed my buy price for TSLA and I'm wondering if I should buy higher next time to catch the wave. The stock's value is still rising and I don't want to miss out on any potential gains.

Currently, some of my other holdings such as AMZN and AAPL are finally showing positive returns, and MSFT is also doing well. I don't have any plans to sell any of my current holdings as they haven't reached my target sell prices yet.

Currently, there are no buy signals for me today. As a rookie trader, it can be frustrating to miss out on opportunities like this, but it's important to remember to stay disciplined and stick to my trading strategy.


~ The Rookie Trader

Rookie Stock Trading Strategy - Jan 2023 











Comments

Post a Comment

Popular posts from this blog

Seatrium Limited share consolidation: What are the implications

What are the details and implications of the recent share consolidation for Seatrium Limited? If you are currently holding Seatrium shares after the latest consolidation, here’s what you need to know: Share Consolidation Details: Seatrium Limited (formerly known as Sembcorp Marine) has proposed a 20-to-1 share consolidation. This means that every twenty (20) existing shares you held before the consolidation will be consolidated into one (1) consolidated share. Fractional entitlements will be disregarded, and each consolidated share will rank pari passu with each other.  Trading in the consolidated shares on the Mainboard of the Singapore Exchange Securities Trading Limited (SGX-ST) will occur in board lots of one hundred (100) consolidated shares.  Shareholder Approval: The proposed share consolidation is subject to shareholders’ approval at the upcoming Annual General Meeting (AGM) scheduled for 26 April 2024.  Seatrium will issue a letter to shareholders containing details about the
Read more

Bank of America Stock: A Strategic Sell Decision

After analyzing Bank of America’s (BAC) stock, I decided to sell my 23 units. The indicators were clear: the price had risen above the upper Bollinger Band, the RSI was above 70%, and OBV was higher than its average, signaling that the stock was overbought. With the target price for BAC set at $48, and the current price at $46, I believed the risk of a pullback outweighed the potential for further gains. While my profit was still modest at the time of sale, the overbought signals and the proximity to the predicted target price led me to lock in gains and exit the position. This decision allows me to reinvest the funds into other opportunities with better potential. It's a reminder of the importance of trusting your technical analysis and taking profits when indicators align. Now, with the proceeds, I'm on the lookout for new stocks that fit my buy criteria.
Read more

Apr 23 - Swing Trading Journal 2021

ANNOUNCEMENT : From yesterday, I renamed my journal from Supertrend Trading Journal to Swing Trading Journal.  1 hour before the market opens... How's my purchasing power today? I can buy 3 stocks. What's  SwaggyStocks  saying about Wallstreetbets ticker sentiment? Today. MVIS COIN  TSLA  Yesterday. MVIS TSLA GME Any stocks from  MarketInOut.com  to buy? I will stop using this for supertrend. MY STRATEGY has changed.  Are any stocks in my Yahoo Finance watchlist to buy?  Biotech stocks Bought all I wanted. SEE BELOW.   Any tips from TraderTV Live? Buy on dip from late April to early May 2021. Wow, they are right.  Question: How to track medical biotech stocks, meme stocks, and penny stocks? Market opens... Which stock in hand can I sell? Bought TNXP for $0.97.  Target $1.22. Stop $0.86.  Bought PULM $0.94. Target $1.06. Stop $0.79 Buy HOTH at $1.46? Done. Target $1.72. Stop $1.39.  What can I buy from yahoo finance trending stocks? None What can I buy from market movers and rel
Read more