This times a million. Unfortunately only really hear this take when weโre getting shelled but a good lesson to learn for the good times as well
Anyone that says with confidence that โthe bottom is inโ or โweโre going to drop a lot further from hereโ is not someone I want to listen to
The smartest people I know have no idea if weโre going up or down
Assign your own outcome probabilities and manage your risk accordingly