Episode 4 – Is it possible? 1,848 times RETURN on a CRYPTO Deal

In Episode 4 of The Trading Battle host Boris Schlossberg challenged traders Dave Floyd and Nick Bencino to pit their skills across three exciting challenges. The session explored a range of markets, including Forex, indices, commodities, and cryptocurrencies, delivering valuable insights into diverse trading strategies.

Dave Floyd, a seasoned trader with 25 years of experience, favoured a calculated approach, focusing on technical analysis and long-term trends. He shorted the S&P 500, betting on resistance at key levels, while also going long on CAD/JPY, supported by robust Canadian retail sales data. As a curveball, he embraced EUR/USD’s bullish potential, buying at technical support to capitalise on momentum.

Nick Bencino, a crypto expert with a YouTube following, leaned into his expertise with bold trades in Bitcoin and Ethereum. Nick projected a long-term rally for Ethereum, predicting its price could exceed $10,000 as infrastructure upgrades address current issues like high gas fees. In the short term, he added trades in gold and CAD/CHF, blending contrarian plays with his crypto bias.

The battle showcased contrasting approaches. Dave’s traditional and data-driven strategy helped him secure a lead, while Nick’s forward-looking, speculative style exemplified the dynamic opportunities in crypto. With long-term trades still in play, the episode proved that trading success can stem from both time-tested methods and the bold embrace of emerging markets.

Catch the full episode to see how these trades unfold and learn actionable insights from two world-class traders.