“You don’t get to make a lot of money without enduring an even greater amount of pain - that’s just the way the universe works,” "...you should generally hope for news that’s just bad enough to maintain the wall of worry, without being fatal. It’s only after the news becomes universally good, volatility collapses, and leveraged carry traders start picking up pennies that you should really worry.” https://www.zerohedge.com/markets/hedde-fund-cio-trading-truly-awful-pursuit
An X percent loss is twice as pain full as a X percent gain is enjoyable. Real estate is much less painful way of getting rich, although much more boring.
Having the same exact thoughts. I would say having a great day scores 5/10 on a scale of enjoyment while a devastating day is 10/10 in pain. In a long drawdown, I can describe it as feeling as if a log floating in the ocean, just pushed by currents. Psychologically it's one of the worst things you can do to yourself.