The dealer takes over the chips in batches in the bear market, and the retail investors chase the chips in the bull market.

Those who cannot afford to lose are leeks, and those who cannot lose are dealers.

Leeks know pain, but they do not know fear. They would rather lose money than fear the market.

Bullish news does not necessarily mean buying up, and bearish news often means buying down.

The bull market often lasts nearly twice as long as the bear market.

The personality of leeks: the more money they make, the more timid and calm they are, and the more losses they suffer, the more they worry.