I’ve been investing in individual stocks for a little over 2yrs and one thing that eludes me is what prep to do when a crash comes, whilst still maintaining a foot in the business that I want to stay with.
My initial idea is to trim off profits set to a specific stop price when a correction happens and use the proceeds to reinvest once there’s some sense of the market consolidating before the inevitable upturn. The question is, what is a reasonable percentage to keep in place to then take advantage of the lower share prices. Apologies in advance for sounding like a dumb ass, to some of you.