$TSLA owners, what are your moves?
$Tesla(TSLA.US$ Between Feb & Sept last year, it’s clear that the price will come back down after some profit taking and when things calm down.
I’m long, in at $343, and TSLA has blown past all my short term expectations. I have more money than I ever thought I would at this stage in my life & I’m not sure whether taking profits at this level is the smart move. I was in at $50, sold way too early in 2019, and I don’t want to miss out on future gains again.
I also don’t want to ride it all the way down like I did in Feb-May.
For me things have gotten a bit ouf of hand, it’s grown to 45% of my portfolio and I don’t feel mentally prepared to managed this much money.
What $cb are you guys in and what are your moves? How do you plan on managing your position?
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Jacinthen : if your average is at $343 you should be completely comfortable holding long term, don’t let the profit amount scare you into selling.
Bailee : It’s smart to take profits at this level, but it will still go up for no fucking reason.
kradic34 : I think Tesla is more suitable for long-term
wittleMoo : I think different people have different preference but I generally wouldn’t sell unless it drop 200 over $ ; I set the limit as market level of return to stop loss so it is quite some way to go given how it +50% in just a week now
Mr Pistachio : my average is 199.I can't sell.I can't buy.