Spot Trading

DEX 交易者要先处理止损自动化、滑点和网络费问题，因为链上交易未必有中心化订单簿兜底。

DEX traders need to think about stop-loss automation, slippage and network fees before the trade, because there may be no exchange order book to protect them later.

追踪止损可以帮助保护浮盈，但回调比例和激活价必须匹配币种波动。设置不当时，订单可能过早触发，也可能保护不了足够利润。

Trailing stops can protect gains, but the callback rate and activation price must match the coin’s normal volatility. Otherwise the order can trigger too early or fail to protect enough profit.

比较加密交易所应先从自己的真实流程出发，再评估安全、费用、流动性、订单工具和地区可用性。

A crypto exchange comparison should begin with the trader’s actual workflow, then test security, fees, liquidity, order tools and regional access.

止损限价单只有在触发价、限价和仓位大小都提前规划时，才可能真正帮助交易者控制波动风险。

A stop-limit order is useful only when the trigger, limit and position size are planned before volatility arrives.

冰山订单能降低可见市场冲击，但仍需要提前规划限价、时间、费用和部分成交风险。

Iceberg orders can reduce visible market impact, yet traders still need to plan price limits, timing, fees and partial-fill risk.