Short excerpt from a YouTube video by Kosta Ouzas discussing how trading bots perform during market dumps. The speaker explains current position is not stressful, notes two safety orders have executed with eight remaining, and outlines two possible market scenarios: further dumps triggering additional orders (lowering average price) or a price rise leading to closing positions.
The bots perform best when the market's actually doing these dumps. It's just the way it is. So right now, we're in a decisive. This is not really a stressful position to be in. We've only executed two safety orders. We've got another eight. That takes us all the way to the bottom of the powerless support. One of two things is going to happen. We could go this way forever, which won't. That's the least likely scenario. What will happen is we're either going to dump down again and make a new order, which will then bring down our average price even further. Look, something like this. If that doesn't happen, the only other thing that can happen is the price goes up. And when the price goes up, we take and we close up. Yeah.
