Price is what you pay.

Value is what you get.
Most people only track one of them.
A stock going down is not always the same as a company getting worse.
Learn to separate those two things and the market becomes a completely different game.
Trading price alone sounds like this:
"Down 20%. Must be a bad company."
"All time high. Must be a good buy."
"Everyone is selling. I should too."
The price chart becomes the entire investment thesis.
That is the trap.
Tracking value sounds like this:
"EPS growing. Stock down. That is a potential opportunity."
"Moat intact. Macro pulled it down. The business will recover."
"Fear is high. Premium is high. Good time to sell puts."
The business becomes the thesis.
Price becomes just the entry point.
This is why long duration puts work.
You do not need to be right about the next 30 days.
You need to be right about the next 12+ months.
EPS does the heavy lifting.
Time absorbs most mistakes.
Know what you own. Know why you own it.
Then let time do the work.