MY FAVORITE LESSONS I LEARNED THE HARD WAY DURING MARKET PANICS:
1/Bounces are a gift to take a breath, re-calibrate, and re-underwrite. Don't get complacent. Get your emotions in check fast, both good and bad.
P&L is a function of regime not purely from a strat
Regime should dictate your application of the strats
“What’s wrong with my trading? What’s wrong with my strat?”
Probably nothing, you just ignored regime
Regime should dictate everything. Start there
Regime is why p&l