The following are examples of times when the stock market experienced the big fat losing day: -The Wall Street crash: 1929 -Black Monday: 1987 -The OPEC crash: 2020 -Coronavirus crash: 2020
I believe that even if you have a string of negative luck with your trades, don't be discouraged by this instead, stand up and try again, and again, and again, until you've figured out the best strategy for you. It is necessary to preserve consistency.
%% More redemption is the main trend; Bloomberg says 50 basis points May 3-4th. So much redemption this year,investors.com asks ''Will..... Fed Meeting Spark Relief Rally?''[Edit 33 minutes later; SCHW has SQQQ bids up about+ .50% from close, interesting, because i seldom trade in after hours. SCHW disclosure; wider spreads maybe + more professionals in after hours .....]
Yes I believe the same, consistency is important to get great results as trading only comes from learning. Sometimes it's just not our day or you can say luck but nothing beats the practice and hard work of a trader.