People sometimes get lucky or for whatever reason spends months or years trading with no defined system. When we get volatility like today all of a sudden they panic and can sometimes find themselves liquidating positions they may have built over months or which they may have entered yesterday. While this might be the appropriate reaction, the more important approach is to ask yourself what you should do based on your personalised system to trade the market - the system that gives you a trading edge. In this video I will explain to you the perspective one might take and even a specific example one could use to approach a day like today.
@john12 shorting can work but I personally have found more successful with a long based strategy over the years. During the Covid crash shorting was great and it can be great when a company is in a clear bear trend (despite the index being bullish) however I argue the risk of short squeeze etc makes the short trade a lot more risky imo