In this Trump Tariff Turbulence - TTT, you must really be decisive and know when to cut your losses and when to hold strong.
As the saying goes, fortune favor the Brave.
On 2 April, I started selling $Tesla Motors(TSLA)$ calls at $295 strike price. It went up despite lower sales in Q1 due to fake news from Politico on "insider" claiming Elon Musk will be out of DOGE soon.
My Calls became -$4000 with danger of Liquidation due to $295 x 00s (100 shares per lot)
Last night Trump revealed Tariffs on every Nation (excl Russia ) and as you can see, 95% of market turn Red ( Trump effect?)
My calls became positive and I closed them.
Remember, be fearful when market is greedy and greedy when market is fearful
Follow the market leader. Buy low sell high.
$Apple(AAPL)$ $Strategy(MSTR)$ $Alibaba(BABA)$
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