108: Building a Position in Tesla (TSLA)

In this episode, I discuss how I'm building a position with Tesla stock and two things that spooked me after entering. Depending on when you are listening to this episode, my position may have changed or been closed depending on market conditions. This episode is for educational purposes only and should not be considered financial advice of any kind. As mentioned in the episode, TSLA stock is in a downtrend and the downtrend is not over. Contrarian trading like this can have greater downside risk. Here's the link to the TSLA chart post mentioned in the episode:https://www.stockmarketoptionstrading.net/posts/49101242Alpha Traders Club is where I host my 0DTE Live Chat each day for trading SPX 0DTE and 1DTE trades. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income. Alpha Traders Club also posts Conservative Covered Call trades each week for generating income. Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222Want to try the Intraday Seasonality indicator for the S&P500?Use code SPX50 for 50% your first month of https://www.alphacrunching.com. Alpha Crunching is a unique analytics app for short term traders of the S&P500. Want to connect with myself and other listeners of this podcast?Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next. Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.