I’ve been actively trading since 2016 now and I’ve seen a few tough situations to trade markets now. I’ve seen days when there used to be next to no volatility in the markets and very few setups to trade, been changing my ways to make and also evolved ways to make watchlist according to market situations and whatnot. But this time in March when the markets crashed and the VIX just rocketed like anything I was scared. Yes, I was scared but since I recently started Advisory I had to give calls and that proved to be a very bad decision and in 3 consecutive trading days, all trades I got into got hit by Stop losses. I have a rule since few years now that If I enter a losing trading day I take a break and after 3 days I took a break and went out of station for 5 days. And by God’s grace, I now feel more evolved and feel like this high VIX is easy to trade with just few tweaks or changes into my entries and exits and also I got a new way of making WL which I might be sharing with my students pretty soon. The lesson that I learned here was no matter whatever the condition of the market, no matter how bad you fell on your face this time, the market is the worst best teacher and it will teach you the way it wants to and when it wants to but the intention of the market is never questionable as it always wants you to stand up better and stronger. If you lose hope, you lose very less but if you continue you will earn whatever amount you desire and the market will reward you that amount no matter what!
Conclusion- Be a lifelong learner in the market if you want Market as your primary source of income!