To make it visual. If you bought at the peak the day before Corona Black Monday you bought in to the QQQ at just about $240. If you rode down that 30%+ drawdown and then road back up you are now, even with the 20%+ we have lost this year, up roughly 75% in 2 years. Yes, if you somehow knew to sell right before the crash and then buy in 3 weeks later at the bottom you made a lot more money.
Reality: Go back and read this thread from those days. When the markets are crashing, and by this I mean CRASHING and not some standard correction, you get bit by fear. No one buys in at the bottom. You keep checking to see if its a head fake or get convinced it will only go lower. People in this thread did just that. Look at this chart and ask yourself when you think you would have had the balls to buy back in after the markets were 35 or 40% down in less than 2 weeks. This is why market timing rarely works out for people.
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