Be in 100-percent in stocks unhedged now especially in momentum stocks is just plain stupid. Traders may get away with it but investors are a different story.
You can just buy the dip proportionately to your account size.
All my positions are unhedged. Doesn't really matter when I have taken care of the risk management with proper position sizing and trading with the trend. That said, I only commit 10% of my capital at any given time. One more risk management tool I use to reduce risk. My positions now are both short term (call and put options) and long term (stocks). If a stock is trending, does it really matter if you hold for a shorter or longer time frame? Not really. Both positions could still be profitable because both are aligned with the major trend.
