Summer is needed for rains.
Monsoon is needed to cool off temperature and lay grounds for winter.
Winter is needed to cool off temperatures before pipping hot summer.
That’s the cycle of nature to keep things balanced.
If one season falls here or there, entire cycle breaks and humanity will be doomed.
Similarly, stock market is a cycle too.
You need down markets to buy stocks cheap.
You need consolidating markets to accumulate stocks at reasonable valuations.
You need roaring bull market to sell stocks at higher prices and make profits.
Again, you need stocks to go down into corrections so that excessive valuations are corrected & again you can buy stocks cheap.
Same principles more or less goes with life.
Ups & downs are going to be there. Sometimes less, sometimes excessive.
The day one understands these, investing & life will become manageable. Pain & losses would be tolerable.
Everything works in cycles.