That's absolutely "normal" for most traders. It's called a draw down. The only way to handle this is stay cool, keep emotions out of trading and keep doing what you have been doing during the 5 week run and remember the lesson the market taught you in those 2 days. There is no magic to avoid or...
I think it's the other way round, at least over a complete market cycle. In a run away bull market Covered-Call-Writing will of course always under perform!
Both Covered-Call-Writing the SP500 and Naked-Put-Writing historically showed favorable risk adjusted returns over plain buying and...
I don't see why there would more uncertainty about the markets this weekend than any of the recent previous weekends. The difference is in hindsight, we can always look at charts and see how it turned out. Now we're at the very right hand side of the SP500 chart and like always when T=0 there is...
You're missing nothing IMO, it's just buying and selling with a little more vigor that we have seen in the last couple weeks. Volatility is still sedated and very very low by historical standards.
Bud: How much is enough?
Gekko: It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.