On March 23, 2020, the S&P 500 bottomed out. It dropped 34% from the mid-February 2020 high to the bottom. In fact, such a drop has never been seen before in that intensity. While the S&P 500 dropped 50% in 2008 at the start of the Great Recession, this drop was more intense. The distance the prices moved and time it took them to travel that distance created a fear in the market players and created a wealth of problems for investors.As a systematic trader, my major fear was if my systems were prepared for such a period. Trading systems are based on normality of …
