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Don't remind me again today

This operation with ZEC really brings tears to my eyes when I think about it now. Three days ago, I opened a short order at 435, originally because my long order bought the dip at 450 got trapped. I couldn't bear to cut loss, thinking I could open a short order to hedge. And what happened? Hedging is like boiling a frog in warm water; I exited the long order at just over 500, thinking at least I could preserve some principal. Who would have thought this coin would soar directly to 750, dragging my short order along the way, and that position at 494 was still me ruthlessly doing margin replenishment to push down the cost price.



Looking back now, there are two painful lessons: when it's time to cut losses, don't be soft-hearted, act quickly; hedging is not a lifesaver, once opened, you must keep a close eye on the timing to close it, dragging it out will only result in being squeezed from both sides. The market won't wait for your hesitation, remember this next time.
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ZenZKPlayervip
· 17h ago
Oh dear, I feel for you with this operation. Hedging really is like playing people for suckers and can lead to disaster... --- Got liquidated from 435 to 750, deserved it. Greed is a disease that needs curing. --- Honestly, stop loss is more important than anything else; being soft-hearted is just digging a pit for yourself. --- Getting attacked from both sides is the worst. Next time, be decisive, don’t drag it out. --- Relying on Margin Replenishment to lower costs? Dude, that’s just a gambler's mentality in encryption... --- Should have decisively cut losses at 750; hanging on for dear life is really foolish. --- Hedging is inherently a trap; one wave from the market can wipe everything out. --- I've tried this approach too, but in the end, I found that a one-sided strategy is much cleaner. Don't do fancy stuff.
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FastLeavervip
· 18h ago
Sigh, hedging is really a pitfall; the result of greed is losing on both sides.
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