Short segment from a video where Kosta Ouzas and Marcus discuss an algorithmic trading strategy for Bitcoin. Kosta describes the algo as effectively performing dollar-cost averaging (DCA) into incremental positions that combine into a large swing trade with example entry around $89 and take-profit around $100.
I wanted to have a look at the Algo as well. And I want to get your thoughts on this as well. Marcus, I know you were a trader for a really long time, and if you were waiting for a long entry, what, what essentially you would have built up here in a way, synthetically with this algo is just a huge swing trade, right? Because right now we've sort of, we've DCA'd into these positions and we've kind of bought at around 89 with a take profit at 100. Almost like you've been loading up right here with all these little incremental positions and now you're able to make this, this huge kind of swing trade, which is a really cool way to think of what the Algo does.
