"Context is King" - In bull markets we can only be long or neutral, and in bear markets we can only be short or neutral. That may seem self-evident; it is not, and it is a lesson learned too late by far too many.

I'd suggest you make self-to-self comparison to measure progress.

As of end of September 2022. 

"in the multi-strategy and fixed-income categories, according to Peter Laurelli, global head of research at eVestment. The ten largest multi-strategy funds lost 2.1 percent year-to-date, significantly better than the entire group’s loss of 3.4 percent. The ten largest fixed-income funds lost an average of 1.5 percent in 2022"

"All life is an experiment. The more experiments you make the better."