Recently, during a wave of ZEC market movements, I didn't keep an eye on the charts, and by the time I realized the breakout, I was already at a loss. After incurring losses, I realized a problem — my stop-loss points were not set reasonably; either too tight, making me vulnerable to washouts, or too loose, causing me to miss opportunities.
Reflecting on my actions over the past few days, I found a flaw: I clearly have a plan, but without monitoring the market, everything falls apart. Looking at the following key levels, there are still opportunities for long positions, but I just don't have the leisure to bottom fish.
I will continue to track ZEC, but I need to adjust my trading logic. The most frustrating part is that those who are short ZEC are now waiting for a rally, only to be disappointed — once the stop-loss is triggered, the price should surge, but instead it moves in the opposite direction, making it hard to defend against.
This year, I plan to change two habits: first, set more scientific stop-loss ranges; second, instead of blindly watching the market, develop clear entry and exit rules, and execute once signals are triggered. I can't keep opening positions and endlessly staring at the screen.
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.
9 Likes
Reward
9
5
Repost
Share
Comment
0/400
ShortingEnthusiast
· 13h ago
Uh... the stop-loss strategy really needs to be carefully considered, otherwise it's just a cycle of being washed out and then chasing the high again.
This wave of ZEC is indeed disgusting; the short sellers getting reversed is well-deserved.
View OriginalReply0
Rugpull幸存者
· 13h ago
This stop-loss setting is really an art; too tight and you're washed out, too loose and your account gets wiped out.
ZEC this wave is really annoying; both longs and shorts have been harvested, there's no winner.
A plan without monitoring is completely useless; monitoring causes split personality, I just can't fix this problem.
View OriginalReply0
ZenZKPlayer
· 13h ago
Setting stop-losses sounds simple in theory, but when it comes to the actual market, it really depends on mental resilience.
This wave of ZEC is indeed a bit frustrating; I clearly saw the right opportunity but failed to seize it.
It seems that establishing rules is more difficult than repeatedly adjusting stop-losses; execution is truly the biggest challenge.
View OriginalReply0
OnChainArchaeologist
· 13h ago
Getting washed out is truly incredible; stop-loss may seem simple but actually tests human nature the most.
This is the consequence of having no discipline; the promised plan is forgotten the moment you turn around.
This wave of ZEC is really disgusting, both longs and shorts got killed, only the exchange is making a killing.
Instead of studying those messy positions, it's better to first manage your own mindset.
Agreed, execution ability is a hundred times more important than analytical skills, really.
View OriginalReply0
DYORMaster
· 13h ago
Setting stops too tight leads to being washed out, while setting them too loose makes it hard to hold. This is indeed a classic dilemma.
Recently, during a wave of ZEC market movements, I didn't keep an eye on the charts, and by the time I realized the breakout, I was already at a loss. After incurring losses, I realized a problem — my stop-loss points were not set reasonably; either too tight, making me vulnerable to washouts, or too loose, causing me to miss opportunities.
Reflecting on my actions over the past few days, I found a flaw: I clearly have a plan, but without monitoring the market, everything falls apart. Looking at the following key levels, there are still opportunities for long positions, but I just don't have the leisure to bottom fish.
I will continue to track ZEC, but I need to adjust my trading logic. The most frustrating part is that those who are short ZEC are now waiting for a rally, only to be disappointed — once the stop-loss is triggered, the price should surge, but instead it moves in the opposite direction, making it hard to defend against.
This year, I plan to change two habits: first, set more scientific stop-loss ranges; second, instead of blindly watching the market, develop clear entry and exit rules, and execute once signals are triggered. I can't keep opening positions and endlessly staring at the screen.