Let me share some real trading principles:

Principle: It’s never about where to go long or short, and it’s never about debating whether it’s a bear market or a bull market—that’s all meaningless.
The principles are:
1. What to do? What’s worth doing? What’s not worth doing?
2. When to do it? When not to do it?
3. When to be bold in action, and when to be cautious.