Lost an eighth of the account shorting ZEC, shaken out of SNDK — reflection, 20 Sep 2026

Time to write a reflection.

A couple of days ago — today is 20 September — I lost an eighth of my total capital shorting ZEC. An epic defeat. Where you stand up is where you fall down: half of what I’d made shorting gold, gone.

So it’s true, you can’t just fade a move on the left side, and I had far too much leverage on. Careless, that’s all I can say. I didn’t expect overbought to get even more overbought — lesson taken. It’s not the first or second time the RSI has burned me. I should have looked at where the Fibonacci targets were. As it stands, it blew through the 2.618 and ran another 10%. Why not just go straight to the 3.618 and be done with it?

Yeah. Very ZEC.

Shorting has me spooked now. Speechless.

Ughhhhhhhhh aaaaaaaaaaah

No idea what’s going on now either. Have to watch the risk from here on.

Then SNDK — that one hit me hard too. I could have made money on it, but I got shaken out. Way too panicked. Next time, only sell after price crosses back above the fast MA. I’d be a lot better off that way.

Right, that’s about it for the recent summary. Nothing else. All losses.

Translated by AI from the original. The reasoning is mine; the wording may differ slightly. Where they differ, the original governs.

These are reviews of my own closed trades, for learning purposes only. Not investment advice.