I trade both sides - Right 👉🏻and Left👈🏻

I trade in both ways depending on market conditions.

In a long position, I study the company financial report and read analyst review. I will buy the stock if the share price is in uptrending - buy low sell high (right -side). I prefer not to time the market and paper hand based on my P/L goal - avoid fear and greed.

For options, I trade based on critical events like financial earnings and Fed important announcements (left-side). For example I will buy a covered call (or sell put) on PLTR when I foresee a stock reversal signal to be bullish. Although I have an exit plan which is  based on my P/L goal, I may sell the call earlier to avoid loss due to time decay.

The above showed that there is a 19.68% profit probability if I buy a call at strike price 26.51. I observe that there is a high probability that the stock may rebound as it has undergone a correction in the last 2 days (-1.02%  and 6.73%). I also use TA indicators like Bollinger Bands to decide my exit point.

Disclaimer: The above is not financial advice and we have different risk appetite. Sell options can be very risky and may result in unlimited losses. You may get margin call if you sell naked put/call.

My Take: Whichever sides you are trading,  it is important to have an exit plan and stay discipline. Don't let fear (panic sell) and greed (fomo buy) to cloud your judgement. Remember a small profit is still a profit and is better than a loss.