Just reviewed a failed trade on the subway, honestly it’s not “misreading the direction,” it’s my careless mistake. The pool looked like the volume was okay, but when I actually entered, I found the depth was as thin as paper. I even set tolerance for slippage, but I ended up eating it all in one go and became a high-price bagholder. What’s even dumber is the timing: trying to save on gas once, forcing a big order, and getting hit by both slippage and impact costs.

From now on, I’ll just be honest: first check the pool depth/price curve, split the order into smaller parts, and slowly execute it in several rounds. Better to pay a bit more in fees than to comfort myself psychologically. By the way, recently watching the compliance struggles of privacy coins/mixers, I’m more convinced of one thing: don’t treat “faith” as risk control, because there’s no emotional compensation on the chain.