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RE: Steemit CryptoAcademy Season 4 Week 1 / Homework Post for Professor @awesononso / Bid-Ask Spread
Hello @manchochris,
Thank you for taking interest in this class. Your grades are as follows:
| Criteria | Calculation |
|---|---|
| Presentation/Use of Markdowns | 1.5/2 |
| Compliance with Topic | 1.3/2 |
| Quality of Analysis & Calculations | 1.2/2 |
| Clarity of Language | 1.9/2 |
| Originality & Expression | 1.8/2 |
| Total | 7.7/10 |
The following caught my attention:
On the other hand, when a sell order of $5 is placed for any given crypto asset and is executed at $3. The positive slippage will be $2.
This would be a negative slippage.
Feedback and Suggestions
You should have explained the slippage concept as it relates to cryptocurrencies. There are conditions that cause slippage to happen that have been missed in your explanation.
You should justify your work for a better appeal.
The answer to question 2 needs some work.
Thanks again as we anticipate your participation in the next class.