I agree. buying and holidng junk that goes down will ruin the account. Cut the losses early. Then question is which stock you can buy and hold for long; obviously based on a) trend b) large or mega cap stock that can grow 6months to years.
"If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you." - Lyndon B. Johnson
I just don't see puts being worth r/r on these small chop downs. Also you don't consider 686 being the b/o from the range? Bulls were a lot more aggressive today and held 684 top of previous range
But anyways that's awesome you were able to play that so confidently. I get lost in the chop myself sometimes and only play one side of it