A great trader wins by patience, discipline, and restraint, not by constant market activity or chasing opportunities. The real edge lies in knowing when to act and when to wait for high-probability setups. Less is almost always more.
I've always been in the camp that believes that the Federal Reserve is the ultimate mover of stock markets in and out of bull/bear markets with their decisions in interest rates' trajectory.
Draconian governmental policies can create temporary yet very dramatic market disruptions. In rare cases, it potentially causes such extreme investor and market anxieties that it could become a "self-fulling prophecy."
We've seen that happen in the past.
As long as the FED doesn't feel the need to change course and suddenly raise interest rates again(and keeps its verbiage "market friendly"), in my humble opinion, the current market correction, although violent and dramatic, will be a short-lived(i.e. multiple weeks at most) before the market prices in most of the new changes and will begin its subsequent bottoming/recovery phase....