My 3 pronged approach
1. (50% of my cash reserve) Accumulate some cheap dividend stocks at bargain like $AbbVie(ABBV.US$ $Camping World(CWH.US$ $JPMorgan(JPM.US$. They provide a nice hedge against inflation and is a good way to get paid during rocky market like this.
2. For my existing long positions like $Lucid Group(LCID.US$ $Apple(AAPL.US$ $Plug Power(PLUG.US$, I will continue to sell covered calls against them to collect sweet premiums.
3. Hold enough cash so that I can buy stocks I want when they reach my price target. I'm definitely adding $Alphabet-C(GOOG.US$ to my portfolio before the split. Meanwhile, I will take a very small portion of my cash reserve to do some short-term swing trading.
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102415025 : Crap thanks to Biden and Putin
daruma88OP 102415025: Oh well. But my covered calls are doing fine and you won't be affected much if you day-trade and don't keep positions overnight.
daruma88OP : Has the winners been announced? @moomoo Event@moomoo Lily@moomoo Rewards@moomoo SG
Moomoo Lily daruma88OP: Dear mooer, the winners will be announced tomorrow