Record Fifteen: Failed ZECUSDT (20251203 19:56-23:18)

Opening Price Stop Loss Price Position (Units) Direction Stop Loss Amount (U)

336.55 328 20 Long 180

Reason for Intervention:

1. ZEC just quickly surged to 352.25 and then quickly dropped to 318.46, the up and down spikes indicate a possible change in trend.

2. Quickly rebounding from 318 to around 338, it may continue to break through short-term resistance. Since the rebound from 300 points over the past half day, it has been blocked around 338-341.

3. Using a large position with a small stop loss, I’m taking a chance it can push up because I judge the real resistance should be around 375-380.

4. The recent rise of ZEC is actually different from typical altcoins, it has risen nearly 20 times from the end of September to the end of November, with many participants and large amounts of capital involved. It's not the kind that just spikes and runs away, so I don't think it should drop all the way down; perhaps it can rebound again.

Process:

Originally set an order at 333.55, but unfortunately, I was afraid of missing out like the previous drop, so I set it high at 336.55. Currently in a floating loss, I hope this time it won’t hit me again. That 11th order was frustrating; just 4 bucks short, it got stopped out, which is annoying.

To be honest, this stop loss setting is indeed a bit small; mainly, I’m concerned about money. I need to consider finding a balance because I currently have less than 3,000 U, and each stop loss is set around 200. Once the funds increase, I can consider enlarging a bit or increasing the position.

There was a breakout to 346, but it still couldn’t hold, subsequently adjusting down, and stopped out at the position of 333.44, later hitting 327 before turning back. So this order cannot be considered a mistake because I set the stop loss at 328 myself; exiting was also a choice.

Analysis: The key for this order is still the position. If the position were small, I could have completely placed the stop loss around 305-310, which would eliminate subsequent issues and allow me to wait for a breakout with peace of mind, closing near 375. Of course, there is also a crucial point that this space itself is too small; it actually falls within the range of optional. A 20-point stop loss, a 40-point take profit, starting with a 10-point may be more appropriate.

Result: Loss of 65 (U)