Just reviewed a pretty stupid losing trade, honestly I was just too impatient. Seeing that the pool depth was so shallow and still going in hard, once the slippage got large it felt like I was paying an "impulsiveness tax" to myself. I could have taken it slower: split the order, waited a few minutes to see the trade and order book changes, or even switched to a deeper pool. But I just went all in at once, and the price moved away from me, making it impossible to catch up later.



Recently, everyone’s been talking about rate cut expectations, the US dollar index, and risk assets moving together up and down. I also got carried away by this "faster pace" atmosphere. Looking back now, it’s not that there’s no opportunity on-chain, but that I need to be a half beat slower when placing orders, giving the depth and sentiment some time… Anyway, from now on I’d rather eat less loss than gamble my luck with slippage.
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