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RE: Crypto Academy / S5W7- [Risk Management and Trade Criteria] - Homework Post for @reminiscence01

in SteemitCryptoAcademy3 years ago

Hello @zeebhutta, I’m glad you participated in the 7th week Season 5 of the Beginner’s class at the Steemit Crypto Academy. Your grades in this task are as follows:

CriteriaRatings
Presentation / Use of Markdowns2/2
Compliance with topic1.5/2
Spelling and Grammar1/1
Quality of Analysis2/2
Originality2/2
#Club50501/1
Total9.5/10



Observations:

to lead a successful career in crypto trading, it is essential for everyone to consider the risk to reward ratio, stop-loss and take profit according to the strategy to make profit.

That's correct.

Suppose that some of your trades hit the TP, but if you don’t manage the risk of another setup, then a single trade will be taking out the entire profit.

yes, Traders are required to pay attention to their risk to reward ratios.

Recommendation / Feedback:

  • The student have completed the assignment for this lesson.
  • The student also answered all the questions in his/her own words.

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Thank You Professor

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