Alihuat
05-01

$NIO Inc.(NIO)$  been keeping this stock also for the longest time ever when it was at 20+. Like another stock of mine, this stock is upsettingly destroying my total returns. Second worst investment, just waiting for a recovery from this stock since EV is now everywhere.

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Comments

  • Investrest
    05-01
    Investrest
    I was in at $60. Cut my losses eventually to 0.
    • Merlin SpearReplycandy2003: 
      How to play option call sell and put sell? I have no idea on how to do that.
    • candy2003ReplyAlihuat: 
      Maybe can try playing option call sell and put sell to take premium and minimize the losing. I was at $30 now become profitable after earning the premium.
    • InvestrestReplyAlihuat: 
      I’d buy in now if I were you. Since you are waiting for a recovery. Might as well hop on the up train.
    • Alihuat: 
      wow.. u are brave. was that action worth it? im also contemplating this step? take the remaining left to better use.
  • Jason1616
    05-02
    Jason1616
    Continue to DCA if you believe in long term so your average price is lower than $20. On monthly chart , the next resistance is $7.26. And following that will be $12.50. Once you cross this 2 price obstacles. You should be able to get back your capital. Cheer up. 😊. We have learnt from losses as well. As long you are still alive. You can earn back your money.
  • maleman
    05-01
    maleman
    I was in at $43 when everyone was screaming buy buy buy EV ..... one of my worst stocks
    • Investrest: 
      Yeah, makes us 3 then. Am sure many more.
  • Investrest
    05-04
    Investrest
    I am currently seeing a 3.21% increase.


    As a case in point - if you had bought in on Thursday, you would be averaging out your overall position cost at lower.
  • Investrest
    05-04
    Investrest
    Technical Analysis aside, the DCA strategy here - though simple, if done with discipline, could definitely help to cut your losses.

  • BerryNat
    05-03
    BerryNat
    Same same, feels like it's been forever.
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