Became a liquidity contributor again—haha. Last night I wanted to add to my position in the middle of the night, but it’s the same old problem: I spot the direction, but when I place the order, it’s like going to a market—everything gets smashed in at once. The result was slippage—like biting into wasabi and then getting stung by a mosquito. The order book depth looked fine, but the actual fill price jumped several levels higher than expected. As soon as the position was in, I was instantly underwater, and my mindset completely broke halfway.

The recent talk about rate-cut expectations and the U.S. dollar index has been pretty lively. People say risk assets should move together up and down, but in real operations, liquidity can get pulled out just like that, and you have no idea where the next depth will be. Anyway, I’m scared now. I’m going to slow down my order timing—I'll place a limit order first to test the temperature. If it doesn’t work, I’ll cancel. I’d rather not trade than rush in recklessly. Margin management—say more and it’s just tears. For now, that’s it.