Thanks 👌 > "Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in the corrections themselves." - Peter Lynch Is that also your experience? > I'm in some highly volatile stocks and I'm willing to watch a position go up 20k and then back down 20k. Not everyone is okay with that. I went from low risk fund (some global index thing) to higher risk fund to stocks. I would never go back to just holding low risk stuff long term. Micron went down 30% over 10 days that was fine imo. I dont need the money right now so a 1 year dip is fine. ``` I usually trim at highs with cover calls being pulled away. Then sell puts and sometimes get assigned making the position whole again. When selling puts I park money needed to cover in my high yield savings, which is managed by the broker so it is an instant transfer. ``` I'm such a n00b, havent used options yet but I think what you mention is a way to squeeze out a wee bit more when you suspect stock is at peak n you're ready to sell. I am less sophisticated so I would just sell, prolly should upgrade my game. I'll educate myself on options. ``` Make sure your base is solid gold/silver/bonds, low risk cyclical stocks, real estate, and cash. Then fucking yolo the rest of it. That's what I like to do anyways. :) *I guess I didn't really answer your question, but it sounds like you don't have a low risk base to fall back on, so I'd start working on that asap. ``` "Base" is in ehm, middle-risk, managed funds atm, so yea no I kinda dont. Im greedy, I want to see base growing... maybe I should rethink. Yolo sounds good tbh. I think you kinda answered. Q: How to know when to be more conservative n move money out stock market? A: You don't because you can't. And if you do because you think you can then you lose money because you fail. but... I probably will continue to look a bit for some kind of measurement of general stock market well-being.