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Recently studying Level 2
What impressed me greatly is that for level one, most of the time, you only need to know a small point; level one is mostly retail investors, which is relatively simpler and less professional.
However, the second level requires more macro thinking, and the counterpart is usually institutions or exchanges, which demands a higher level of expertise.
My thinking pattern is generally macro and emotional; I prefer the "Dao". There is no advantage to doing secondary high-frequency trading, I can only "be a friend of time" 🥹.
Recently, I have eaten at a high point of 10X➕ profit of ten thousand u➕ from floki, mika, DUNI, 1, Huang Guo Zhi Nian, Yaha Coin... basically, it has discovered a small detail that can be interpreted from different angles.
I'm not familiar with level two, so I just learn while opening a simulation account, and as a result, I often get buried 😥