We have a clear bias of a psychological nature that basically consists of going against everything that experiences a movement in favor.

When a trend is established, it always tends to last longer than we expect:

_ It’s going to turn around now!, it’s going to turn around now! but it never does.

All that time you’re waiting for a market to turn is precious time you’re losing to go in favor. You’re missing multiple opportunities by waiting for just one.

And what’s worse, you’re probably even entering the market against it, with its consequent “bites” to your account.

When there is an established trend, the best thing you can do is wait for a retracement of it to enter in its favor.
Therefore:

- Every time there is a trend, for example bullish, if you go against it at every resistance you find, you are trading counter-trend.
- Likewise, if you go against it at every support, in a bearish trend, you are trading counter-trend.

Many times prices stop at supports and resistances, and you may get a “pinch” but by doing so you are not trading in the correct way but as the market wants you to do. #trading.

#Aevo Binance Launchpool has come to an end! If you're among the savvy investors who took part with BNB and/or FDUSD, you're likely now assessing your options and pondering: Sell BNB? Convert all my FDUSD into USDT? What's next? I'll tell you!
First and foremost, grasping the dynamics of this formidable duo, $FDUSD and $BNB, is crucial. FDUSD, with its stable coin, provides a steady anchor in the Binance ecosystem, while BNB stands as the crown jewel, powering everything from the Binance Smart Chain to various corners of the crypto universe. Holding a stash of BNB, a practice recommended by pioneers when BNB hovered around $5, is more than advice; it's a tradition.
Once you've internalized that FDUSD and BNB make the ideal Launchpool pair, here's the game plan:
Head to Binance Earn, Simple Earn, and put your cryptocurrencies to work.Stay vigilant (and follow-me), as Binance always has new Launchpool events up its sleeve.When a new event surfaces, with just two clicks, withdraw your cryptocurrencies from Binance Earn (hopefully having grown in quantity) and join them in the Launchpool event. In return, you'll reap a new coin as a reward.
And so, the cycle continues. Keep seizing opportunities in the thrilling world of Binance and its Launchpools! 🤩
But... Waldo, What can I do with AEVO?
🗓️ AEVO will make its spot #trading debut on March 13, 2024, at 10:00 (UTC), featuring trading pairs AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD, and AEVO/TRY.
#Trading_strategy : PLEASE do not be too emotional! Get ready, all the AEVO in your possession is thanks to the Launchpool event you've been participating in these past few days, a little "gift" from the platform for holding BNB and/or FDUSD.
This means you now have AEVO in your wallet without spending a dime.
It also means that, regardless of the selling price, you already have a 100% guaranteed profit.
Don't let greed take over, especially if you're a beginner! Approach this with a calm and rational mindset, free from emotions!
If you're not a complete beginner and enjoy a bit of risk, then consider "buying" AEVO when trading is open. Wait for the market to move based on how it perceives AEVO as a serious, long-term project.
___
😊 LocademiaCripto is a product of individual efforts, powered by the dedication of one person. I genuinely appreciate your support. Consider showing some love by following and sharing! No strings attached, just spreading the crypto vibes!
🙌 This information is for informational and educational purposes only. It does not constitute investment advice.
#AEVOLAUNCHPOOL #TrendingTopic

Now, let us look at some of the most popular crypto day trading strategies that you can incorporate into your trading arsenal!
Scalp Trading
Scalp trading is a popular day trading strategy that involves making quick trades for small profits. In this strategy, traders look for opportunities to make many small trades throughout the day to accumulate profits. This approach requires a high level of discipline, as traders need to be able to cut losses quickly and take profits when they are available. Scalp trading is best suited for traders who can monitor the market closely and act quickly when opportunities arise.Arbitrage Trading
Arbitrage trading is a strategy that involves taking advantage of price differences between different markets or exchanges. In the case of cryptos, traders can take advantage of price discrepancies between different exchanges to make a profit. This strategy requires significant research and monitoring of different markets to find opportunities. However, it can be a very profitable strategy if executed correctly.Momentum Trading
Momentum trading is a strategy that involves identifying assets that are trending in a particular direction and entering trades based on that trend. In the case of cryptos, this can involve identifying assets that are experiencing significant price movements and trading in the direction of that movement. This strategy requires a significant amount of research and technical analysis, but it is one of the most profitable strategies one can execute if done correctly.High-Frequency Trading
High-frequency trading is a strategy that involves using algorithms and automated trading systems to execute trades at a high frequency and volume. This typically involves using trading bots to execute trades based on technical indicators and market data. This strategy requires significant technical expertise and infrastructure, but it can be highly profitable if the strategy is built and encoded properly.Reversal Trading
Reversal trading is a strategy that involves identifying assets that have experienced a significant price movement and then entering trades based on the expectation that the price will reverse. This strategy involves identifying assets that have experienced a significant price drop and then entering trades based on the expectation that the price will rebound and vice versa. This strategy requires significant research and technical analysis, but it can be very profitable if executed correctly.Breakout Trading
Breakout trading is a strategy that involves identifying assets that have broken out of a trading range or pattern and then entering trades based on the expectation that the price will continue to move in the direction of the breakout. This strategy works by identifying assets that have broken out or broken down beneath a price range and then entering trades based on the expectation that the price will continue to move in the direction of the breakout. This strategy requires significant technical analysis and market monitoring by the trader.
Day trading strategies in crypto are diverse and require traders to have different levels of expertise and technical analysis skills. Traders should choose a strategy that aligns with their strengths and market understanding. A thorough understanding of the strategy, market trends, and risk management is essential for successful day trading. Traders should also be aware of market volatility and have a plan in place for managing risk at the same time.
#Trading_strategy #tradinprofit #TradingWizard