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RE: Crypto Academy Season 3 Assignment | Intermediate Course: Market Psychology & Trading Psychology
Good job @oluwatobiloba!
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 8 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 | 1.5 / 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 | 1.5 / 2 |
| 6 | Explain EMH and give the advantages and disadvantages | 1.5 / 2 |
| 8 / 10 |
Remarks:
You have demonstrated a clear understanding of the topic and deserve the credit for your research. I also like the mention of money flow index (MFI) which is an important indicator of the current market psychology. Your work is a good mixture of research and practical application.
It could have been perfect if you had mentioned greed and fear index, as well as utilise the indicator to evaluate the market psychology of any cryptocurrency asset.