To be honest, I was so stupid last night... I originally wanted to try with a small position, but when I saw the funding rate was extreme again, the group was arguing fiercely about whether it was a reversal or just more bubble squeezing, I panicked and chased in. The slippage was worse than I expected, and upon deeper inspection, the order book wasn't thick enough. I also placed market orders twice, effectively feeding myself as fuel, and the average transaction price drifted directly.



Looking back, there are actually three things: I didn't check the order book depth in advance, only focused on the candlestick charts; I set the slippage too casually, thinking "it should be fine"; my order pacing was chaotic, the more anxious I was, the more I wanted to get it done in one go. In the future, I plan to prefer placing smaller, slower orders, eating in batches, or just not trading at all. Even my safety obsession can be maintained, but my trading rhythm is undisciplined, which is pretty embarrassing... I’m also not sure how this wave will go, so I’ll just withdraw my hands for now.
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