This is a YouTube video titled "Inside Minotaur: An Interview With Trading Desk Operator Marcus" featuring an interview with Marcus, a trading desk operator, discussing algorithmic cryptocurrency trading, the advantages of automated trading over manual trading, and the growth and strategy of Minotaur Trading Systems. The content focuses on the trading industry and the use of algorithms in financial markets.
Foreign.
Trading, it's kind of like what we're allowed to do is we're like trading whisperers, right? For 25 years I've been a discretionary trader myself. And even the best discretionary traders, the traders that make their own trading decisions, manual traders, at best, they're just above 50% win, loss, gain loss with the algorithms. What's so interesting about them is they allow you. It's actually like we're saving manual traders from themselves. If we're in an industry where 99% or 95% of all trading volume is algorithmic electronic, then it would stand to reason how would you have a chance to compete against that manually? When algorithms, they don't sleep, they don't eat, they have no fear. All they do is execute seamlessly over and over again. So, so when this opportunity came to be involved with a company that has its own professional trading algorithms, it was a no brainer to be able to pass that information and that technology on to other traders to save them from themselves. Minotaur trading Systems, we're number one in algorithmic cryptocurrency trading, specifically customized for Bitcoin. So we're already the best. What separates Minotaur is the fact that the algorithm actually works. Algorithmic trading is going to be absolutely essential going forward. You won't be able to be engaged as an investor or trader or participant in these financial markets if you don't have your own algorithms. Since that is the primary business model of Minotaur. We're just getting started. We'll be around for years and years. The reason I joined Minotaur was I saw, to use sports as an analogy, I saw a company that was on its way to the championship. So as a veteran in business, it was better to bring my skills to a team that was going places, help them get over the finish line and we all share the championship together. Instead of building my own scratch. In the beginning it was a little slow. We had to put in a lot of work, a lot of time, a lot of dedication. But now it's really beginning to start to scale. And that's just the results of the work that we put in previously. But I think Manator right now is growing exponentially and we're talking orders of magnitude here in the next few years. Not necessary to have a technical background. You just need to have a very clear understanding of where you're trying to go, your destination, and then you find the most adequate tool to take you there. You know, we use a very Kaizen approach or Occam's razor approach. We're not trying to be the most sophisticated out there. We just want to do something that's very simple, flawlessly, so you have good people going in a good direction in the right industry leads to good success. Simple recipe.
