Participation in competitions can increase your confidence.

Ji haan competitions me participate karny say peoples ka confidence increase hota hai.Our hum forex say related competitions me participate kar kay apni knowledge bhi increase kar saktay hai.Jo forum per weekly basics per ho rahay hai.

Sahi baat hai traders competition me participate karke apni trading confidence ko increase kar sakte hai, competition me participate karne se unhe apni trading experience, knowledge aur trading skill ko test karne ka achcha mauka bhi milata hai.

Of course , we all need to participate in demo contest and it is good for us because we can learn the forex trading and we can develop our trading skill, we know that there are certain rules in demo competition and it can make us disciplined.

Contest mein part lena ye hum logo ke liye acha hota hai bhai, contest mein rah karke hum dusre trader ko takkar dete hai, aur agar hum lagatar contest khelte rahenge, to jarur hum logo ki trading achi ho sakti hai bhai, isliye contest mein bhaag le bhai.

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Originally Posted by dareking

Contest mein part lena ye hum logo ke liye acha hota hai bhai, contest mein rah karke hum dusre trader ko takkar dete hai, aur agar hum lagatar contest khelte rahenge, to jarur hum logo ki trading achi ho sakti hai bhai, isliye contest mein bhaag le bhai.

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contest mai participate karne se trader ka hi fayeda hota hai trader agar contest mai jeet leta hai wo prize bhi leta hai trader ka hi fayeda hota hai aur experience bhi gain hota hai contest mai ache se trading karna hota hai tabhi jeeta hai

Yes we can increase our confidence by participating in competition and if we can trade with proper knowledge and skill only then we can get success in trading business, we can get good experiences in demo trading and competition practice.

Agar aap iss trading main group trading karrain to aap ko iss main bahut fiada ho ga aap apny doston kay sath compitation karrain to aap ko iss main earning ho ge kunkeh aap iss main apna poora experience istamal krrain gay

participate in trading competition, is the right way enhances our ability to do forex trading, even we will be more enthusiasm, if we can win the competition trading, we will get a prize in the form of capital

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Originally Posted by sudsind

Hi,
In demo account you have no fear of loosing and so you are ignoring the major factor in trading which is emotion.
But if you are fighting a competition, than you have an obligation to perform better than others, so you can also practise your emotional behaviour thr.
so many brokers organize a lot of competitions every month.
and myfxbook
http://www.myfxbook.com/members/suds...sudsind/257886
also organises a competition almost every month, why i like it most because you can see the live stats of every action of your trading as well as others. So, guys try and participate in the next competition, as i saw very less Indians were their at there last competition

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We know that we need to increase our trading knowledge and trading skill too, we can do that with the help of demo account practice and also participating at trading competitions and I think we can develop our trading knowledge by reading this forum too.

Competitions are good because they boost our trading confidence. Having said that I would not advise beginners to participate in such competitions, because it makes them greedy, they try to replicate the same trading psychology, so they lose all they have labored for.