Investing in Tesla shares is a emotional journey. If we could put aside our emotions, market noisesand look at long term you be rewarded. Let me share my experiences in the past and why today I’m not bothered with the price movement anymore.
Started investing in Tesla back in 2019. I didn’t know much about Tesla then but I was hoping for quick returns. When the share price went up I sold for 10% gains but it went up even further. I waited for the share price to pull back and I went in again.Came 2020 it dropped so much due to COVID and I panic. I sold at loss and lost my earlier gains. Since then I started finding out more about Tesla by watching YouTube and learning more on Elon. I was convinced Tesla is the future and I believed in Elon a visionary person. Since then I just buy and keep. Buying every drop to average down. I have experienced how my portfolio moves in thousands each trading day be it up or down and I’m not moved to sell again. It may have gone up many folds but I’m not selling till 2030. Funny how now I hoped it will crashed back to 2020 low to buy back what I sold. ? I have two trading accounts. One account which I buy and keep till 2030. The other account is for my itchy fingers to sell put options to collect premiums. Premium collected I will use it to buy more Tesla shares. I have sold all other positions just to buy one and only stock which is Tesla. Investing should be made simple buy, hold and average down to the stock you have the most conviction. Hope this helps in your investing journey with Tesla ???
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