Woke up and the 3000 stop loss was triggered. Unfortunately, I was asleep, otherwise I definitely would have added a short above 3100. But it's also a good thing—even though the average only gained 20 points due to that 2900 order, we can now set up new short positions again.

This miserable market—what if a bunch of people start shorting now, and then tomorrow it rallies 100 points to hit 3100? So remember, never go all-in.

You’ve already seen that V-shaped reversal not long ago, and being able to witness it firsthand in the market, outside of courses or textbooks, is a very valuable experience.

So anything is possible in the market. All I do is predict which probability is higher and which is lower, and then adopt a conservative strategy accordingly.