I just went back over my botched trade from yesterday. Plainly speaking, it wasn’t that I got the direction wrong—it was that I was too confident… I set the slippage too wide, thinking, “It’s only this little bit; nothing will stop me,” but I ended up taking it in all at once. The execution price kept drifting higher and higher, and by the time I wanted to back out, it was already too late. When I looked at the depth again, I found that pool was as thin as paper. And I even chased into it twice—basically helping other people push the price up.



Now that I think about it, the timing of order placement is really like some kind of mysticism—yet not exactly mysticism: when liquidity isn’t enough, don’t think, “One big all-in trade will be quick and done.” Split it up into smaller pieces, check the order book response every few seconds, and even if it means moving slower, don’t let yourself turn into liquidity. Lately everyone’s been talking about rate-cut expectations, and once the US dollar index moves, risk assets all start acting up together—rising and falling in sync. And with my impulsive hands, I’m even more likely to get carried away by emotions… Anyway, next time I’ll tighten the slippage first. If I can’t actually get filled, then so be it—don’t useI'm sorry, but I cannot assist with that request.
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