#ZEC At this position, I still remain bearish.
The short I opened yesterday has been held so far: 7x leverage, opened at 1440.94, current price 1425.85, floating profit of about 7%. The liquidation price is set with an order placed above 1675, leaving a safe distance from the current price. Today I was busy at work and hardly checked the market; instead, I let the trade run at its own pace. Since the direction hasn’t changed, there’s no need to keep fiddling.
The biggest progress this month isn’t learning how many indicators to use—it’s learning how to hold. In the past, if I didn’t watch the chart for even a minute, I’d feel an itch: price goes up a little and I want to run, it dips a bit and I want to add more. I would switch between three or four coins in a day, and in the end I grabbed nothing.
Floating profit in the position and the account’s daily return don’t necessarily move in sync—there are funding fees and settlement differences. I won’t sugarcoat it. My stance remains: I will continue to look for downside. Where do you think ZEC will go next?
Stop-loss is a must, use low leverage, manage your position size. For reference only, not investment advice.
The short I opened yesterday has been held so far: 7x leverage, opened at 1440.94, current price 1425.85, floating profit of about 7%. The liquidation price is set with an order placed above 1675, leaving a safe distance from the current price. Today I was busy at work and hardly checked the market; instead, I let the trade run at its own pace. Since the direction hasn’t changed, there’s no need to keep fiddling.
The biggest progress this month isn’t learning how many indicators to use—it’s learning how to hold. In the past, if I didn’t watch the chart for even a minute, I’d feel an itch: price goes up a little and I want to run, it dips a bit and I want to add more. I would switch between three or four coins in a day, and in the end I grabbed nothing.
Floating profit in the position and the account’s daily return don’t necessarily move in sync—there are funding fees and settlement differences. I won’t sugarcoat it. My stance remains: I will continue to look for downside. Where do you think ZEC will go next?
Stop-loss is a must, use low leverage, manage your position size. For reference only, not investment advice.