Where is the most tormenting part of a Bear Market? It's not the one-sided fall, but that kind of range-bound fluctuations.

Take SNX for example. After opening a short position, every time it suddenly rebounds, it makes people feel a jolt in their hearts—should I cut my losses? If I don't run now, will I get liquidated? This back-and-forth struggle is really hard to bear.

However, thinking from a different perspective, what if we use a grid strategy to short? Then this kind of up and down fluctuation becomes a good thing — the more frequent the volatility, the more profit the grid can capture. The same market situation, different methods, and the mindset is a completely different world.