We are on the stage of longest correction and the only way to escape this scenario is to wait. It would be better if you just trade actively to multiply the number of your holdings for a larger profit when the bull run comes. It may take time but will be worth it. Just go with the flow and trade wisely, you will surely never miss the train if you just keep yourself updated with technical and fundamental results.
That is basically what I do now while we all wait for the bull run to come, trading is the best, in fact, it is best to trade during this correction time, most day traders takes advantage of this to make money though trading has to also be done this period with so much care as you said in order to minimize unnecessary risk which sometimes it is inevitable no matter how guru you think you are in trading even when you apply the fundamental and technical analysis to your trading.