RE: Crypto Academy/Season 3/Week 2- Homework post for @asaj by @kelechisamuel
Hi @kelechisamuel, thanks for performing the above task in the second week of Steemit Crypto Academy Season 3. The time and effort put into this work is appreciated. Hence, you have scored 5 out of 10. Here are the details:
| No. | Parameter | Grade |
|---|---|---|
| 1 | Type of psychology in case study and explanation | 1 / 1 |
| 2 | Explain at least 5 biases that influenced Jane's trading behaviour with examples | 1 / 2 |
| 3 | Explain how each bias you have mentioned can be avoided | 1 / 2 |
| 4 | How to monitor market psychology and differences between market and trading psychology | 1 / 1 |
| 5 | Measure market psychology using crypto charts and explain how trading biases causes overbought and oversold | 0.5 / 2 |
| 6 | Explain EMH and give the advantages and disadvantages | 0.5 / 2 |
| Aggregate | 5 / 10 |
Remarks:
Commendable effort but fair performance. While your answers to the questions in Part A were okay, your performance in Part B was a bit underwhelming. You did not provide the level of depth and research that is required in intermediate courses.
You did not discuss in clear terms the concept of overbought and oversold, as well as how biases can influence these market conditions. Also, your explanation of efficient market hypothesis (emh) isn't accurate.
That said, we appreciate your effort and time and we hope you do more research in order to fully understand the topic next time.