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WatchlistPaper Trade
Sm1sm : Costco might dip and bounce back after earning. Saw it in past couple of times.
ToTheGalaxy : you are holding for long term (3 years above) or just short term ?
152398743 OP ToTheGalaxy : reasonably long term, however I want to maximise the delta in price as stocks hit by the correction recover.
e.g. I'll hold Palantir until it either sits stable for a while, or loses more than 3% sustained over a few days. Also depends on the news cycle. I'm fairly new to trading for real, but have done a lot of "paper trading" with good results. but it's different when it's virtual money. I think without the fear of loss, you're more inclined to take the right positions despite the downside risk, which is always overblown.
I don't do shorts, and options are still a bit advanced for me to trade with real money.
Thanks for asking
Solomon Kane Inc : Sell covered calls.
152398743 OP Solomon Kane Inc : Looks like I'll be spending some time learning about options. Thanks for the advice and taking the time to comment. It is sincerely appreciated.