Strange, in the past four days of open trading, after many follow-ups, I lost 28,000.
BN lost 22,000, while OK and Bybit lost 6,000.
Every time I set a stop loss, there are large orders placed just above or below my stop loss that eat my liquidity. This time, they pulled up dozens of coins to hit my stop loss, and I also got eaten by a short position, dropping directly by 500 dollars.
Is this some industry or arbitrage guys eating my follow-up liquidity? If this continues, I won't set stop losses anymore, just manual close. Whoever is watching me, just focus on my liquidation price, don't watch my stop losses, I will cancel my orders at any time.