With the stock market in the red, have you been buying more stocks that you have conviction in long term or are you cutting your losses with your short term stocks?

Number 4

since I invest regularly DCA.

Do no surplus money for number 1.​​​

Stay the course and DCA if you can, but look out for the big crash.

For myself, I have a few companies that I have quite a huge conviction in, so I happily added to the likes of TSLA, SE and CRWD when it fell by a decent amount. I was also able to start a position in TDOC too. So was thankful, there was huge red days especially when the fundamentals of all of these companies stayed the same.

There is no point to cut losses or sell on my part. I will happily hold the stocks I have till the growth of my companies stalls or falls as the years goes on.

I'm going with option 4. I'm literally not going to be doing anything differently with the current market conditions. It's not a significant correction that's worth spending time and effort scrutinising to attempt to "buy the dip".

On a separate note concerning cash drag, what I am monitoring is my cash holdings. If it starts getting larger (significant proportion of my portfolio) I'll consider deploying it - if the market is lower when I deploy it'll just be a bonus, but my key consideration is time in the market (i.e., deploy ASAP).

I don't pick stocks as I simply don't know how and don't have time to learn/manage.