Spot trading is not chasing the rise, and this is the only correct decision in this trade.
Recently, I made a spot trade on Gate, targeting a mainstream coin experiencing a phased correction. The judgment before entering was not complicated: the price retreated from a high level, but trading volume did not increase accordingly, and on-chain and sentiment indicators did not show extreme panic. This looked more like profit-taking rather than a trend reversal. Therefore, I chose to place orders in batches at key support zones rather than chasing the rebound.
The actual market movement validated this approach. The price continued to decline in the short term but did not break the structure, and instead provided a lower transaction cost. Reflecting on this trade, my biggest takeaway was not profit but a reaffirmation: spot trading earns “certainty,” not excitement. Gate’s depth and trading experience allowed me to execute according to plan rather than being disrupted by slippage.
A one-sentence summary of the experience: In spot trading, being a little slower and more steady makes it easier to stay on the right side.
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Spot trading is not chasing the rise, and this is the only correct decision in this trade.
Recently, I made a spot trade on Gate, targeting a mainstream coin experiencing a phased correction. The judgment before entering was not complicated: the price retreated from a high level, but trading volume did not increase accordingly, and on-chain and sentiment indicators did not show extreme panic. This looked more like profit-taking rather than a trend reversal. Therefore, I chose to place orders in batches at key support zones rather than chasing the rebound.
The actual market movement validated this approach. The price continued to decline in the short term but did not break the structure, and instead provided a lower transaction cost. Reflecting on this trade, my biggest takeaway was not profit but a reaffirmation: spot trading earns “certainty,” not excitement. Gate’s depth and trading experience allowed me to execute according to plan rather than being disrupted by slippage.
A one-sentence summary of the experience: In spot trading, being a little slower and more steady makes it easier to stay on the right side.