Those that stuck around and learnt more during 2022 and 2023, will reap the benefits when the bull inevitably returns.
When the blue box region comes for SPX, I’ll be emptying the clip. Whether or not we nuke further. Remains to be seen. But at that point of time, the rewards outweighs the risk. When and if it comes, it’s time to forget about risk and worry about capturing upside returns. (Those that read market cycles will find this familiar)