Investing vs trading

I'm 29 and have been in the stock market on my own for a year and a half, and via my 401k for 7 years. In my personal brokerage, I have four positions (baba, Sq, ULTA, and tasr). My 401k is based trrmx (Trowe retirement 2050) trbcx (t Rowe blue chips) and X-RAY (stock from my company). Between trrmx and trbcx I have about 15k, and in X-ray I have 8k, baba-1k, sq-400, ULTA-800, tasr-600. I'm not able to diversify my X-ray account for the foreseeable future.

My question relates to investing vs trading. I know the importance of being diversified, but do the funds in my 401k provide enough diversification that I don't have to worry about win balanced in my person account?

Since I am younger, the strategy I want to use currently is based around a lot of risk (as you can see in my selections). With this knowledge, can I stock up on (pun intended) technology, biotech, and e-commerce which I believe will outperform the market over the next 20 years? Or is it a good rule of thumb to stay diversified throughout all of your holdings? Remember, I have no fear of risk, and a 35 year time horizon to work with

Submitted March 24, 2016 at 04:46PM by ProfitMonger http://ift.tt/1VKJJML