Steemit Crypto Academy Contest / S20W1 [SUMMARY]: Trading Steem with the Wyckoff Method
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Introduction
Hello Steemians,
Welcome to the weekly edition of our competition, organized by the Steemit Crypto Academy as part of the Steemit Engagement Challenge (SEC) Season 20. For this first week, from September 9 to 15, 2024, we focused on an essential trading strategy: Trading STEEM with the Wyckoff Method.
This theme provided an opportunity for participants to explore the fundamentals of market behavior through the Wyckoff Method, which is crucial for understanding trends and making informed trading decisions. Applying this method allows traders to anticipate price movements and develop a strategic approach to trading.
Our participants delivered excellent submissions, demonstrating a deep understanding of the Wyckoff Method and its application in trading STEEM. Their analyses were insightful and well-researched, contributing to an engaging and informative week.
This report presents a summary of the best entries, innovative ideas, and valuable insights shared by our talented members. It also highlights the importance of mastering these concepts in cryptocurrency trading.
Participation Statistics
During this week, we received a total of 11 entries. Among them, 1 was flagged for plagiarism, leaving us with 10 valid contributions. Here’s the breakdown:
| Total number of entries | Invalid entry | Plagiarized content |
|---|---|---|
| 11 | 0 | 1 |
We are satisfied with the overall quality of the valid entries, most of which exhibited a high level of engagement and a thorough understanding of the topic.
Out of the 10 valid entries, 40% were rated as excellent and 60% were rated as good. This distribution demonstrates that participants have a strong grasp of the Wyckoff Method, which they applied effectively in their analysis of STEEM market behavior.
The overall high quality of the submissions reflects a commendable level of engagement and analytical skills. Encouraging thoughtful and original contributions will be key to maintaining this standard in future contests.
Top 5 Users This Week
Based on the quality of the submissions, we are pleased to recognize the following top contributors for this week:
| Ranking | Username | Article | Score |
|---|---|---|---|
| 1 | @aneukpineung78 | Link | 9.5/10 |
| 2 | @mohammadfaisal | Link | 9/10 |
| 3 | @stream4u | Link | 9/10 |
| 4 | @simonnwigwe | Link | 9/10 |
| 5 | @mostofajaman | Link | 8.5/10 |
Conclusion
We are pleased with the participation and quality of submissions in the first week of Season 20. Despite one disqualified entry, the remaining participants provided valuable insights and demonstrated a strong understanding of the Wyckoff Method. As we move forward, we aim to encourage even more original and thoughtful contributions, while maintaining strict adherence to competition rules to avoid plagiarism.
We thank all participants for their contributions and look forward to the coming weeks, where we will continue to explore enriching and relevant topics in the world of cryptocurrency trading.
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