Last night, I made a losing trade. Looking back, it wasn't the wrong direction; it was my careless mistake: I saw the market move and chased immediately, without checking the depth first. As a result, the slippage took away a price that was actually acceptable. To put it simply, I treated a "market order" as "the price I want," which was both funny and infuriating.



After reviewing, there are two points: first, when liquidity is thin, don't pretend to be a big player; split the orders more slowly, and set limit orders to let it come to you; second, don't let your order timing follow your emotions, especially those that confirm twice within a minute—those are basically setting a trap for yourself. By the way, I thought of that recent social mining/fan token "attention is mining" scheme... Attention can indeed be mined, but what you're mining are probably your slippage and IQ taxes. Anyway, I’ll pull back my hands, reduce my position size, and stop acting up.
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
  • Pinned