Hi CnC (Computer numerical control?)CnC wrote: ↑Wed Mar 07, 2018 5:18 pm...
And yes, I was hoping for some sort of formula where I could see ahh X% correction makes the typical person feel "_____" I could then judge my feelings against that point to see where my risk tolerance is. I still feel that is the case, since you can apply a similar formula to nearly every thing in life. (I'm an engineer by the way)
There is a contradiction between engineering and investing.
In engineering we know the curvature of the earth, the force of gravity, and the rate of corrosion of common materials. That's how one can design and build a suspension bridge, including writing a preventative maintenance schedule.
In investing we do not know the equivalents of curvature of the earth, force of gravity, and corrosion rates. There is no optimization. There is only tinkering.
In engineering one does not know whether the suspension bridge one designed and built for car and truck traffic will be repurposed, many years later and after all the engineers involved who recommend against the change have retired, for freight rail.
We know even less about human responses, and cannot quantify them for any individual (although across populations we can make some predictions).
I think you are asking for that which does not and inherently cannot exist.
I hope that's helpful.