Summary of Over 10 Years of Stock Market Trading Insights 1. Don’t go long at mid-to-high levels, don’t go short at low levels. 2. A pullback that doesn’t break a new low is a buying point; a rebound that doesn’t break a new high is a selling point. 3. There’s only one true leader in the market; the rest are just runners-up. 4. Volume doesn’t lie—huge volume signals an imminent trend reversal. 5. Don’t try to catch the bottom during continuous declines—there’s no bottom. 6. Treat good news with skepticism; treat bad news as good news. 7. Once a trend forms, it won’t change easily. 8. Sharp rises and slow declines indicate distribution; sharp declines and slow rises indicate accumulation. 9. Trade new themes, not old ones—capital prefers fresh ideas. 10. After a big win, go to cash. Luck is limited, and opportunities come to those who wait.