I just checked that order from last night on the subway, shouting directions confidently, but my hands were actually softened first by slipping a bit... Clearly, the market depth didn't seem thin, I immediately went in with a market order, eating through two layers of depth, and the average transaction price just floated. Later, when I wanted to add to my position, I found the rhythm was all messed up: I didn't split when I should have, and when I was anxious to wait for the pullback orders. To put it simply, I didn't lose because of my view, but because I thought I could swallow it all at once. Next time, I'll be honest: start with small orders to test the waters, see if big orders are following, then slowly place limit orders, and don't compete with myself. By the way, recently everyone’s been talking about testing network points, whether the mainnet will issue tokens or not. I also feel a bit tempted, but this kind of expectation is the easiest way to make people more anxious... Anyway, I need to practice the order placement rhythm first, so I don't get excited and end up paying tuition in liquidity.

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
  • Pin