Seriously reflecting on one of my trades, it went straight from +$5000 to -$5000. $Direxion Daily TSLA Bull 2X Shares(TSLL.US)$Tesla(TSLA.US)

Originally, after Tesla's last big drop when Musk went crazy, I thought it was a golden opportunity. The recent uptrend was quite good. I had drawn the resistance and support levels between 9.5 and 13. On June 23rd, I placed a 90-day order for 4000 shares of TSLL at 13.

Then, the crazy move came. On the night of July 20th, there was a big rally, and I thought since it was already at 12.8 in the night session, it might break through at the open, so I adjusted my order to 13.1. It didn't sell. On the 23rd, earnings were released, and there was a big surge at the close. I thought it might rally again, so I adjusted to 13.2. 🤪🤪🤪 Then came a -20% nosedive. The worst part was that I had a buy order at 11.2+ and forgot to cancel it. At its worst, I lost over $5000. Truly a case of heaven and hell in a single thought.

Recording this as a reminder to myself: 1) Always stick to your plan, especially at resistance levels. 2) Don’t bet big on earnings—usually, the price already reflects some expectations, and the odds of a drop are higher than a win. 3) Leveraged ETFs have significant decay and won’t be considered for long-term holdings anymore.

Side note: I passively bought more at around 10.4 yesterday and still believe it can reach the 13-16 range.