If many more traders lose than win (can we agree to this?), money ultimately flows from the many to the few. Therefore the crowd is usually wrong and they tend to have the most conviction at the turning points, from my own observations. And I've been in that crowd many times..... Have you noticed this?
Raising the Fed rate from 0% to 4% (400%) is more dramatic than, say, from 4% to 8% (100%), wouldn't ya say? Not that it will go up as high as 8%. If that would ever happen, there will be riots all over the world and our beloved Fed Chairman will be facing a firing squad. One more, I think Powell will get replaced after the midterm election.
The S&P goes up and to the right over time in case you hadn't noticed during your supposed vast tenure in the markets. If you want to make an argument for shorter periods of time - more specifically during heavy volatility or bear markets (much shorter than upward historical PA) then be my guest. As an aside - im sure the vast majority of traders / investors use judicious stops. Clearly most market participants are well versed in risk management and are market millionaires. Ultimately it was an eye roll remark in regards to someone thinking the fate of their trades / investments lie in the hands of the Fed - instead of learning to read charts and controlling their own success.