Last night around 2 a.m., I got itchy and wanted to do a small pullback trade, but I ended up educating myself... Seeing that the price difference wasn't big, I just went in with a market order, but with slippage enabled, the pool depth was shallow, and the trade kept pushing upward, eventually the average price was much higher than the line I had in mind, and I set my stop-loss too "confidently." The result was a pretty unfair loss from both sides.

Looking back, there are really just three things: don't blindly trust estimated slippage, if the depth is shallow you need to split the order; don't follow the K-line's jittery pace when placing orders, better to slow down and confirm the trade; and also, don't trade illiquid assets when you're emotional. Recently, there's been a lot of noise about that "compound yield" staking strategy, which is basically layers of nested tricks. When on-chain depth and exit channels tighten, slippage will wake people up... I, as a conservative trader, should avoid messing around too much. If I miss out, I just miss out.