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RE: Steemit Crypto Academy [Beginners' Level] | Season 4 Week 1 | The Bid-Ask Spread

Hello @sindi16,
Thank you for taking interest in this class. Your grades are as follows:

CriteriaCalculation
Presentation/Use of Markdowns1.7/2
Compliance with Topic1.8/2
Quality of Analysis & Calculations1.2/2
Clarity of Language1.5/2
Originality & Expression1.5/2
Total7.7/10

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The following caught my attention:

The positive slippage occurs in a buy order when a buyer placed his/her order at a higher bid price than the executing price.

In a slippage situation, a market order is executed meaning that a buyer accepts the ask price and not the bid price. The buyer is a market taker.

The positive slippage occurs in sell order when a seller placed his/her ask price lower than the executing time.

You should have just said that the price the order would be executed would be less than the price it was initiated at.

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Feedback and Suggestions
  • You should try not to misplace the terms in any topic.

  • Some parts still need to be clearer for a better understanding.

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Thanks again as we anticipate your participation in the next class.

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Thank you for your feedback and I will participate in next class😊

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