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What are you buying today?


LowIQinvestor

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Shinoken 1105 JPY

how you buying Shinoken ? This is not listed in US

 

Through Interactive Brokers with trading permission for Japan. I've heard it's also available through Fidelity as ADR but have not confirmed.

 

OTCMKTS: SHIOF. This is ticker of the ADR Shares.

 

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Covered a Tesla short.  I do not have diamond hands.

 

It's fascinating to watch my own psychology, fighting the urge to cover my (miniscule) TSLA short. I had no problem with the paper loss when the stock hit $890. Now that I have a small gain (a smaller total amount than the previous paper loss), I am tempted to cover, even though my thesis was that the stock would pull back at least to the $500-550 range at some point.

 

What's wrong with taking a profit now? With this small trade it doesn't matter, but getting into the habit of tolerating large downside (in terms of P/L), but not allowing the upside to play out, seems like a bad strategy overall.

 

Damn, covered my small TSLA short, too, at $611. So hard to hold a meme stock short. Average sale price was $779.

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Some names starting to look interesting - I do feel we have another leg down unfortunately.

 

I think we get a bounce the next couple days, and then a final leg down.

 

Today felt like mini-capitulation

 

 

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