Here is a truism of markets. Regardless of how you get the market up, or how much money the people have made, they always expect the top tick in their accounts to be a baseline, psychologically.

So, anything that is down from what people think they deserve is bad, which is their highest tick. They think that is their money good.

The Fed perpetuates this belief. And it stands to reason, because investors need returns when yields don't offer anything, so the equity markets carry a heavy load, which is the Fed's backpack.

If you've ever had a client that expects an option trader to deliver above mkt returns, then you know what I mean. The avg person doesn't think that down from their top tick is acceptable. They will immediately want to go elsewhere prob. Even when you might be making great trades