September 22, 2014

Exiting $NFLX and $TSLA

Well don't I seem silly?  Opening a position in $NFLX just to get shoved out after two days.  It was worth the risk.  To believe otherwise is to believe in the power of prediction.

Also exiting $TSLA (Tesla).  I entered this stock over 3 months ago when the price was $206.  I sold some right before it made it's first leg lower, then bought some of it back before the second leg lower.  Overall my positions gained over 25%. 

The price is close enough to the stop where I'd be justified in staying in, but I don't like recent market action, and I think holding onto it is too risky. 

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