How long are you planning to hold that for?
End of the week, maybe end of next week. The goal is to try and rebuy more TSLA units than I sold by taking advantage of the dip. I had no spare cash to buy the dip, so had to do something about it. Enter: Leverage.
I know results will be good, but everyone expects it, market could go down. As well, people may badly react if Elonās compensation package comes in and affects profit. You never know! But if itās just 10 percent, might be worth it, Iām tempted to throw a fiver or tenner in and join you for fun
Edit: nevermind leveraged stocks are all in closed marketsā¦ oh well
I bought more today because of the dip and I expect earnings numbers to be good. However historically even when the numbers are good the stock will still see little gains or even go down. Wishing you good luck for the rest of the week
itās Tuesdayā¦ thought it was Wednesday for some reason 
If it dips a lot tomorrow Iāll buy more 
I have a diversified portfolio as I hold 30 different stocks in average at any point in time. (I am trying to reduce the number, currently it is 28). But it is not diversified when it comes to the industry. The stocks that I hold are tech stocks, FAANG, microsoft, Pinterest, Tesla, AMD, nVidia, Square, Slack (this one didnāt go well), Roku, and some new players like Snowflake. I was holding Cisco, and IBM, but they werenāt doing well so I sold them.
So I can say my portfolio is a conviction one, but in industry, not in a single stock.
Anyways, here is the performance of my portfolio compared to Nasdaq, S&P, and Dow Jones, in approximately 2 years time:
Well done, excellent performance, congratulations. Any particular reason you only stick to tech? Or is it simply because thatās the industry you see the best return in?
My current problem when looking to buy something is that Iām always asking myself, do I think it can grow faster than Tesla. If itās a no, then I buy Tesla (Which is all the time now). Itās hard for me to diversify because I just think about the opportunity cost of not having as much Tesla.
I am a software engineer and tech is the only industry that I have an idea about. Sure, I am not saying that how Teslaās self driving works, but still, I have more idea about these companies than, say JP Morgan or P&G. So my modus operandi is like ādonāt buy the companies that you donāt have any idea about.ā
While I agree with your point, if you personally canāt pick individual companies outside of one sector your best buying the whole market as well instead of just not owning them at all (if you want to reduce your risk that is). If you donāt have the information to beat the market, then just own the market!
If youāre happy having the chance off all your investments blowing up thatās fine, as weāre saying you can have high conviction. But if your portfolio value gets much bigger and you want to protect it, Iād personally recommend starting to diversify by buying broad market ETFs along side your high conviction investments! (Especially because thereās the fear tech is extremely overvalued)
I actually sold almost half of my portfolio recently (a couple weeks ago). And used the cash for other investments in property market. So I am diversifying it in that sense now.
I am also thinking about diversifying my portfolio within the stock and shares market too, but I just couldnāt find time for looking for funds, ādue diligenceā, etc. yet.
I should publish what stocks I sell.
The reason is when I buy them they drop drastically, so I decide to sell, and as soon as I do they sky rocket. 
Col.
Thatās the reason most investors donāt beat the s&p 500, our instinct is to sell when a share drops instead of buying more.
Have to agree with @GaryS and @TsotFin . In my case, since Iām a software engineer, Iām quite heavy on tech and not really diversified in many sectors but, well, thatās what I know so yeaā¦ My 2 main sectors are tech and energy(ongoing), which I believe to be at the top of most successful sectors in the future, and I donāt own or plan to own more than 15 stocks overall and not more than 10% position unless I understand the business (and model) very well.
Hereās my reply @ seeking alpha on a similar topic:
I find it very hard to DD and keep up to date with anything over 15 tbhā¦ Iāve had around 50 at a point but the more I learned how the market works the more I trimmed. I belive lots of investors invest because they either like the guy (CEO) or heard the name (company) or because its trending (stock) or looks cheap (without knowledge about market cap, ratios, revenue, growth etc)ā¦ You would be surprised in how many people fall in this category, some which gave been investing for a very long time as wellā¦ Obviously some trends are good picks so they will still succeed.
So, from my experience, if you know what youāre doing, overdiversification is bad and impossible to manage. I set my max to 15. If I must go over then I must sell something. If I need to park money then I will use 1 ETF or add to my Top 1.
Requoting my quote, āObviously some trends are good picks so they might still succeed.ā, this could very well be the OP case. I believe Tesla to do well in the foreseeable future and if thatās the case, and based on my quote, possibly lots of people will actually not even realise the risk they took and be 100% sure they made the perfect right choice, which coming then back to what @TsotFin said, maybe they did. Back in the day lots of people went all-in in Microsoft, Apple, Amazon and the sort, and succeeded.
PS: I donāt own Tesla but id like to and might do in the future (great CEO) if it really proves to be an innovative energy company and not only an EV one (this will have huge competition).