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RE: Crypto Academy Season 3 Week 4| Homework post for @asaj
Hi @sachin08, thanks for performing the above task in the fourth 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:
| Open a demo account and select five coins | ||
| Create a market entry and exit strategy | ||
| Use CCI signals to buy and sell the selected coins | ||
| Declare your profit or loss from trading the coins you selected | ||
| Explain your trade management technique | ||
Remarks:
First and foremost, sorry for your loss. It happens sometimes even to the best traders.
Although you did not perform most of the tasks required, you have shown a good understanding of market reversals. As a suggestion, the use of indicators can help mitigate loss. Please take a second look at my homework post on CCI to understand the indicator.
Relying solely on the candlestick price movements often lead to poor investment choices. Again, thanks for participating in this week's task.