Steemit Crypto Academy - Summary on Trading Competition for Fredquantum-Kouba01 Traders Team | S6T4

It's a great pleasure to have come this far in the season 6 at the Steemit Crypto Academy. The season has been wonderful so far, filled with lots of activities, most especially the newly introduced trading contests in season 6, many users are now being drawn to crypto trading in real life.

Week 4 of the trading competition has ended and in this piece, I will give a summary about traders that joined our team Fredquantum-Kouba01 Traders Team, the team of me and professor @kouba01. Let's ride together on this as I unveil how things went.

It was a great trading week for the entire team, we have 23 traders that joined our team in the concluding part of the contest in season 6. A total of 83 trades were performed by the traders and 80 of it was verified in terms of proper input of data and timely submission. Let's take a look at the table of our participation below.

As such, only 3 trades from our traders were not verified, these traders are @farhmade, @mvchacin, and @sputnik1 with one trade disqualification each. @farhmade performed two trades, his second trade's data was wrongly inputted as such failed to show his profit/loss, @mvchacin posted two articles per day, one of them was disqualified and @sputnik1 submitted an entry very late. That said, let's see the trade result for the week.

In this section, I will show the details of the trades in order from 1 to the last one (4), the traders that performed them, the profit/loss of each user, and the team's total profit/loss for each trading round (1 to 4).

Taking a look at the images above, it is evident that the first three trading rounds ended in profit for the team while in the last round, we incurred some losses. We would proceed to see the trades of individual traders and see what each has gained or lost.

Each trader's trading result would be presented on a sheet that would reveal if a trader ended his/her trading week with a profit loss. Take a look at the image below.

Having combined all the trades by the traders in the team, the team ended with a profit of 126.11 USD. 58 out of the 80 trades were positive while the remaining 22 ended in loss. The total percentage of loss was 27.5%

Out of the 23 traders that participated in our team, 15 of them made four trades each and their result is a total profit of 107.51 USD.

For Fredquantum-Kouba01 Traders Team in S6T4, the total profits made was 140.75 USD and the loss incurred by the team is just -14.64 USD. At the end of it all, the team ended with a profit of 126.11 USD, that's an impressive one for the week.

Team Winning Rate (%) = Total number of Profit Trades/Total number of Trades--- 58/80 = 72.5%. Our team's winning rate for the week is 72.5%.

In this section of the summary, I will be presenting the top 3 traders for the week and the selection won't be entirely based on the total number of trades won by a trader nor is it based on scores alone. That said, the number of trades won, scores and the quality of setup would be greatly put into consideration as well for the selection.

In conclusion, not making it to the top three today shouldn't discourage you, you can work on a few things and do better. Some of our traders do not lose any of the trades but their analysis is not quite solid while it seems many traders are afraid of having a single loss in their trades as such exiting trades with tight take profit levels. We want to see the quality of analysis and how much you have trusted your method.

In addition, be intentional with your trades, do not write your trades based on rewards alone rather see it as you acquiring another lucrative skill. I believe one of the reasons Steemit team has organized the contest is to see how far students have learned and put that knowledge into practice, put your mind to it. Thank you, it's been a great season so far. Remember, Be Intentional!.