RE: Crypto Academy / Season 3 / Week 2 - Homework Post for @asaj
Hi @adedapo-glory, 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 5.5 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 | 1.5 / 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 |
| 5.5 / 10 |
Remarks:
Your effort is commendable and your answers to Part A proves that you read the case study and understand the lessons learnt.
That said, you paraphrased the explanation of EMH given in my homework post while answering Question 6. It suggests that you do not fully understand the meaning of efficient market hypothesis. I know the theory is a little complicated, especially if you check most websites. But I explained it in simple terms. You did not have to paraphrase it.
And the chart you uploaded look exactly like one submitted by another participant. The labelling of biases gives it away.
Once again, your effort and time is appreciated.