Participation in competitions can increase your confidence.

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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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With the competition we will be more motivated and more enthusiastic in learning Forex trading again because I see a lot of traders who are interested to join the competition in their demo account because it is a gift given sizable.

i am not good at participation of competitions but when i do it i gain so many things and the best benefit i have gotten from it is confidence and whether i like it or not the confidence is helping and am now trading with ease without stressing myself just to earn profit

It is the real fact a person can not be a perfect trader till the time of the real trade. A trader always get the good knowledge after doing the real trade. Because in the demo he has no fear of loss but in real trade he do the investment with the proper planning and strategy.

Participate in your contest is appropriate simply because it does not require a lot of dollars for you to participate, which makes it possible to receive these people a lot, we discover, for example, for example, where forks rivalry to draw regular monthly could get money or maybe even the extravagance of a car from a price tag on the involvement of individuals produce more on this rivalry.

yes competition can increase yours confidence. when you have a passion to get something then you have many chances to win. in the same way in Forex trading when people comes in compition then they have many things to learn then they do their work well.

I ecourage the traders who are in this industry to participate in this competitions because they highly help someones authority this is not rich but the much you participate the higher your chances of comely goodish.

Yup, I anticipate participation in the contention is a real close object to gain our certainty in the class. For that, you eff to conduct participation in a rubicund competition to improve your sureness. That's my substance. Impart you.

Forex trading competition 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.

ji han ager ap participate karty hu competition main tou ap apny points ko dekhty huwy apna confidence build up kar skty hu or ye ap k real trading main bhut helpfull sabit huta hai profit analysis k liye

i also think that participation in competetion is very good this participation increases our confidence , knowledge and also skills in this way we are much confident before doing anything in this forum without any confusion .