RE: STEEMCRYPTOACADEMY SEASON3//WEEK2//HOME-WORK POST FOR ASAJ, MARKET PSYCHOLOGY, AND TRADING PSYCHOLOGY.
Hi @kingcent, thanks for performing the above task in the second 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:
| No. | Parameter | Grade |
|---|---|---|
| 1 | Type of psychology in case study and explanation | 1 / 1 |
| 2 | Explain at least 5 biases that influenced Jane's trading behaviour with examples | 1 / 2 |
| 3 | Explain how each bias you have mentioned can be avoided | 1 / 2 |
| 4 | How to monitor market psychology and differences between market and trading psychology | 1 / 1 |
| 5 | Measure market psychology using crypto charts and explain how trading biases causes overbought and oversold | 0.5 / 2 |
| 6 | Explain EMH and give the advantages and disadvantages | 0.5 / 2 |
| 5 / 10 |
Remarks:
First, I would like to appreciate the effort you put into this work. You have read beyond my homework post and have mentioned biases I didn't mention. This is commendable.
That said, your explanations weren't clear enough. Additionally, it appears you created a bias that doesn't exist.
Addiction bias
You should be able to remember your successful trades let the memory not depart from you, it's just similar when a footballers hang their trophies in a wall, that's the essence of this type of bias.
There's no such thing as addiction bias. Again, thanks for the time and effort.