Principles of Zheng Qian Business School Trading:
Spot: In a bull market, focus on capturing returns; in a bear market, focus on survival; in a cyclical market, focus on positioning allocations.
Don’t chase the hot trends, don’t bet on volatility, don’t crave extreme profits—long-term stability is the way.
Futures: There are no bull or bear distinctions. When prices rise, it’s a bull market for going long and a bear market for shorting; during pullbacks, it’s a bull market for shorting and a bear market for going long.