Last night I paid my tuition again... I initially wanted to try with a small position, but I was too hasty in placing the order, missed the slippage closely, and didn’t look carefully at the depth. That one trade directly pushed me into an uncomfortable position due to “crowding.” Honestly, it’s just me being quick with my hands but slow with my brain: I see the candlestick move and chase, without waiting for the order book to catch up.

Looking back, it’s actually pretty simple: don’t swallow everything at once when liquidity is thin, split it into several smaller trades and go slowly, or just wait for less volatility before entering; and also, don’t try to fight the market with the idea “I should be able to fill around this price.” Recently, the stacking of yields from pledge/sharing security has been heavily criticized, which I can understand—more stacking makes it more fragile, and in the end, it all comes back to basics: is the depth sufficient, and is the exit channel smooth?

Anyway, I’ll slow down first, prefer to miss a half beat rather than ruin my whole day with a slip due to one bad trade.