Last night I paid my tuition again. I initially wanted to quickly enter and exit for a small fluctuation, but I ended up rushing in all at once. The slippage was too loose + the pool depth was insufficient, and at the moment of execution, I was directly "pushed" out. Looking back at the candlestick chart, I thought I saw it wrong. To put it simply, I was too impatient and didn't keep the rhythm: seeing green and chasing, without waiting for the pullback orders, and not splitting the entries. The more I added, the more anxious I felt.



My current review basically boils down to two things: first, checking whether the depth and the last few trades have been swept chaotically, then deciding whether to hold and wait or split the entries into several parts. On-chain stuff like this really shouldn't be fought with yourself; the loss is often not the direction but the execution details.

By the way, recently the debate in the group about privacy coins/mixing compliance boundaries also feels quite similar. Everyone is arguing their stance, but when it comes to placing orders or transferring funds, you still have to think first, "Am I going to get scammed or blocked?" Anyway, I first clarify the permissions and pathways, so I don't end up not even knowing how I got wiped out.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin