Tesla - great example of buy on fear and sell on greed? Let see
Tesla news everywhere last week with their stock price smashing through 2000.
Will it keep going up I read?
Shall I buy now?
Is it too late to jump in now?
Who know.... nobody knows.
But to me, as soon as the news starts talking about it the fear and greed scenario could kick in - just like BTC at 20k?
The people late to the party will jump in and then panic sell if there is a short term sell off ... potentially.
Anyway, it could keep going up for sure - until we see any signs of rejection the trend is still up!
What goes up - does NOT have to come down, why?
Because it can keep going up first.
Anyway, stick to your own plan and strategy and always focus on your risk management.
Check out the book we recommend to help keep your emotions in check and trade fearlessly.
Over and out.
Darren
Will it keep going up I read?
Shall I buy now?
Is it too late to jump in now?
Who know.... nobody knows.
But to me, as soon as the news starts talking about it the fear and greed scenario could kick in - just like BTC at 20k?
The people late to the party will jump in and then panic sell if there is a short term sell off ... potentially.
Anyway, it could keep going up for sure - until we see any signs of rejection the trend is still up!
What goes up - does NOT have to come down, why?
Because it can keep going up first.
Anyway, stick to your own plan and strategy and always focus on your risk management.
Check out the book we recommend to help keep your emotions in check and trade fearlessly.
Over and out.
Darren
More Info here:
link.team-pow.com/1gN7L3
link.team-pow.com/1gN7L3
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