Don't just buy the dip blindly. Make sure it's a good company n good stock in the first place, and it will still be a great company in 10 years. Next is to find out the intrinsic value of the company. Don't buy when it's overvalued. Buy only when it's cheaper than its intrinsic value. Next is to time your buys. Look for areas of support to buy cos that's where the stock might bottom and rebound. If it's a great company like Apple, Nvidia, it will surely rebound in the future. Just look at those who bought Meta, Amazon, Alphabet, Microsoft during the bear market in 2022.

My biggest winning trade is definitely $Palantir Technologies Inc.(PLTR)$ , especially after their recent earnings. Can't be happier 😁

$PLTR 20240119 26.0 CALL$ This is an easy trade for me. I have 300 shares of Palantir and I'm selling these covered call options to earn the premium. It's only a small trade but every little bit counts. I picked an option trade with Delta less than 0.05 so that the chances of being exercised is small. I picked an expiry of about a month away so that it's easier to manage. I think the market is overextended and it's unlikely PLTR will reach the price of 26.0 within a month. Even if it did, I would gladly take profits on my positions and await a pullback to buy in again.

I would suggest having at least 20 stocks, with each stock having an allocation of 5% for a start. If one of these companies go under, you won't lose more than 5% of your capital. Think about lasting the marathon first before you think about your first pot of gold.

$LULU 20250221 320.0 PUT$ Rolled the option to extend expiry

$GOOG 20241227 165.0 PUT$ Sold put option to earn premiums. Alphabet is definitely a long term buy for me so why not earn premiums on them and use the money to buy more of their shares?

$Alibaba(BABA)$ Buying BABA based on price action. Looks like it will bounce off new found support and carry on higher

$INTU 20250221 590.0 PUT$ Rolled this option to extend expiry

$MSFT 20241227 375.0 PUT$ Sold put option to earn premiums. Making premiums off then and using the money to buy more of their shares. This way, I can buy their shares even when I don't have the cash.

$LULU 20250124 340.0 PUT$ Rolled this option