Last night I educated myself again: I thought the liquidity was enough, but when I entered a market order, the slippage directly shattered my expectations. Looking back, it’s not that the direction was wrong, I was just too impatient, didn’t look at the depth layering, and the surface-level volume wasn’t enough for me to eat. The price kept sweeping downward during the transaction, getting more expensive as it swept or cheaper as I sold, and my mindset collapsed along with it.

Forget it, to put it simply: don’t fight the pool. My method is very crude: split the order into smaller parts first, even if it means clicking more times; don’t loosen the slippage parameters right away, try using limit orders first to probe, and observe the price reaction after eating through a few levels; if the depth is thin, switch trading sessions, don’t force it in when everyone is crowded.

Recently, we’ve been talking about rate cut expectations and the US dollar index, and it’s even more obvious when risk assets are acting up: volatility spikes, and slippage becomes like hidden fees, targeting you when you’re in a hurry. Anyway, I’ll stick to discipline first, even if I miss out, I don’t want to pay this kind of tuition again.