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Wissen Sie, wofür FOMC steht?
#Binance #crypto2023 #fomc 

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There are two types of DCA (Dollar cost averaging ) strategy that traders use 1- DCA into something when it drops down to a key high timeframe zone. 2- DCA into a losing trade. The worst thing a trader does is DCA into a losing trade. Most of them do it because they just want a bounce from the price so that they can exit at break even. Try not to add into a losing trade unless you're too sure that you're doing it right. if your mindset is to get a bounce to exit at break even. you should better take that loss. Always Have an invalidation plan for your trade and just cut it once it's invalidated.

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What's the true Edge? 90% of traders are pushing their luck daily, overtrading and calling markets. The top 10% are simply waiting for the right day, right time and right setup. The biggest edge is Waiting. If you wait and only execute your setups,you end up making money, not covering losses.

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Here is why $PENDLE is dumping. Pendle staking contract expired yesterday. Those who staked their tokens got it back yesterday and most of them decided to sell it looking at the price action. Pendle is down 20% since yesterday.

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