Last night I played the role of a reverse indicator again: I initially wanted to take a small position to catch a retracement, but I got too excited and just placed a market order, and the slippage left my face swollen... Honestly, I still didn't look at the order book deeply; the order wall was as thin as paper. I even chased with two separate orders, and it kept getting more expensive, the rhythm was chaotic, and in the end, I had to admit defeat and sell.

Looking back, there are only three things: don't be lazy and use market orders; don't force trades when liquidity is poor; place orders a bit slower—it's better to eat less than to let slippage eat me up. By the way, I thought of the current debate over NFT royalties—everyone wants creators to get more, but when secondary liquidity is poor, it turns into mutual harm where people just can't sell... The same logic applies to trading.

Recently, I’ve set smaller goals, like today I only focus on one trade, and if I lose, I stop. This way, I can stick with it longer. Otherwise, I keep trying to eat the elephant in one bite, and in the end, the fat one is my loss curve. That’s it for now, I’ll keep pruning my potted plant.