Participation in competitions can increase your confidence.

Participate in the competition is a good idea because they did not need a lot of dollars to participate and can earn them a lot, during the contest we can test the system we had and maybe we can win the contest and get some money. Competition is good for improving skills, but do not get over confident.

competencies such as contest demo accounts are held by forex brokers that make us would have the opportunity to create profits in the forex and then we will be an advanced optimistic if we want to pursue the prize in a contest demo.

The competition to see how the markets work and have confidence if it is to improve Your trick about, thinking about the total, trade in the market wesinirio wanaliisis Power konvidinsu markets to levels is that competition in the market can trade better award to help you see the participation right to determine what goes on in the mind of the market, will end up in trouble

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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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hmm muqabley main hisa leena waqi he kafi acha ha es se app ko apni forex trading k experience k level ka pata chalta ha or app ko es main confidence aata ha jo k app k forex trading k career k liye kafi acha ho ga

Competition make us confident and it help us to find our mistakes and it is very useful to develop own strategy. A reall y and nice thread .this thread is very attractive for me because of thread subject . Demo contest trading motivated for trading more and more . Absolutely good thinking .

yes this is of course a good idea to do.Regular competitions is like playing sport which makes you more active and healthier.Competiotions will also make you more sophisticated and render you a Professional trader

Quote:

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Originally Posted by sudsind

Participation in competitions can increase your confidence
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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I was a new trader here and I do not know how to be able to participate in a competition held by the broker, I beg you to tell me how do I participate in the competition. Thank you.

I have not dared to competition. Because I was just starting a business involved in forex. I still need to train the emotion in forex business with small capital.

entering the forex competition can assist us to get some information and cash if we win it , during the challenge we can test the scheme we had and maybe we can come first the competition and get some cash

Quote:

---

Originally Posted by sudsind

Participation in competitions can increase your confidence

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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I agree with you that if we dare to go to the competition it will make us to be confident and also can measure the extent of our ability in this trade is by contrasting with the other competitors. But before that we have to Preparing myself as best as possible in order to be ready for the real competition.