Sell your stock at an over valued price

 I made a profit of over $400,000 by investing in Tesla and Nano Dimension. In both cases, they were valued on growth and future prospects. Their current profit do not justify the prices that I bought them.

At each point of time, I decided on have an idea of the price range that I am happy to keep the stock. If it falls towards the lower end, I will buy more stock. If it goes to the higher end, I will sell them.

I form my opinion of the price range based on the YouTube videos that are put forward by the investment bloggers. They made a research of the stock and the business model. They look at the technical indicators of the stock price. They gave their reasons.

I listen to a few bloggers. I find their research, explanation and technical analysis to be very useful. However, I may or may not agree with their opinion. I form my own opinion after listening to a few views.

This approach worked well for me. I made a good profit using this approach during the past year.

I now consider the price of $660 USD for Tesla (TSLA) to be too high. I have sold off all my stock. I may buy Tesla at $550. I may talk a short position on Tesla (using CFD) if it goes to $700.

I consider a good price range for Nano Dimension (NNDM) to be $9 to $10.20 USD. I will buy the stock at $9 and sell it at $10.20.

I review my price range daily, based on the market movement and the videos put up by the bloggers. They tell me what is happening. I find the information to be useful to form my own views.

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