Ordinary investors, without insider information or top connections, the three key habits for making money in the long term are:

1. Understand your personality and boundaries: Are you a gentle type, an aggressive type, or someone with hyperactive energy? Set your own cycle range according to your personality. Don't overly mimic others' trading strategies, especially leveraged ones. Knowing what to avoid is also crucial; some styles and high-frequency trading are two different types of people, and forcing them together will only lead to self-sabotage.

2. Learn from the experiences of spot trading experts, study 📚, reflect, and summarize: Look for the experiences of some spot trading experts from the long course of history. Primarily learn their observational thoughts and thinking processes, which are the most valuable and often the most overlooked parts. Because spot trading is slow, it's easy to forget what someone said after some time.

3. Use leverage cautiously, and be careful when participating in high leverage and meme-type trends: This is the most casino-like style of assets and gameplay. Entering a casino basically means a win rate of below 45%, and in the long run, it follows the gambler's law of large numbers. The likes of Trump, for example, rely entirely on technical analysis, with logic that cannot be deduced; a single volume is completely dependent on sudden changes by Trump himself. This perfectly explains the shortcomings of technical analysis and quantitative trading.

7933131667092585838486