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05-02

$Tesla Motors(TSLA)$  

One of my biggest single profit win from Contra trading account so far. 

Traded using ticker symbol TSLL instead of actual TSLA ticket symbol because the price per unit is smaller, while price action is the same as TSLA. TSLL works well with Tiger Contra account because Contra account doesn't allow options trading, and TSLA price is too pricey for trading since profit/loss won't be significant.

Entered my TSLL position (at $10.55) when TSLA retrace back to $286-$287 level yesterday which wasn't a great position but I held on anyway because overall TSLA seems to have managed to break and hold $285 very well.

Sold all my TSLL position (at $10.84) after TSLA rebound from $285 earlier, towards $291.

Satisfied with the profit for today.

Have a great weekend, Tigers!

Winning Trades
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