Last night, I was watching the market until my eyes felt sore, and suddenly I thought about liquidation. To put it simply, sometimes it's not that your direction is wrong, but that the oracle's price feed is slow by half a beat. You see the price has already recovered, but your margin is still calculated based on the "old price," and then suddenly you're wiped out. It really messes with your mindset... Now I instinctively leave a thicker margin when using leverage, preferring to earn less rather than gamble on those few seconds.

Recently, haven't some people been complaining that on-chain data tools and tagging systems are quite laggy or even being manipulated to set the rhythm? I feel the logic is similar: what you think you're seeing as the "truth" is actually a "delayed shadow." There are many tutorials, but I prefer those that explain the liquidation trigger conditions and how to check the oracle update frequency, so at least I know who I'm racing against. Anyway, it's better to brew a cup of tea at night and spend less time arguing with the market.