Participation in competitions can increase your confidence.

[Zak]

dekhen ap ne ye jo post di is k lia me 24 month wait karta raha hun bht achi post di ,,,actually agar dekha jaye to jo kuch seekhta ha wo compitition hi me seekhta ha aur mery khayal sy to banda ziada mehnat b com. me hi karta ha to agar forex me competition ki waja sy kisi ne ziada mehnat ki wo to cheeta ho gaya phir.

[ruko]

Of course I think participating in competition will increase your confidence in trading but register for the competition that atleast lasts for a large no. of days instead of a single day i mean a weeks competition or a months competition.

[Ayaz Mushtaq]

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

yes it is good for any forex biggner to start trading on demo account and then take part in competitions for the better level of confidence in his trading . competitions are necessary for more profit and the for the gaining interest of the forex clients

[FAHEEM66]

Mary khyal main goal and targertly tade kafi zabardast goti ha gis main ham money managment or bot say different plan kar skty han so hamn zayda ter apna skill ko promote karna chyay ak best other trader say competitiin ki tra trde karni chyay jis say hamra confidense or bary ga or trde be bater ho skti ha

[tido]

It is true that every competition is very helpful for people & basically analysis related job because we know that successful traders need market analysis for treading.so,i think competition can increase our conference.

[deni]

agar forex trading business mein competitions hoon tuo us say traders kay confidence increase hota hay aur forex trading karney mein bhi saholat hoti hay kay lots laganay say close kanney tak confidence hi kaam aata hay .

[jeetnrimi]

Contest me participate karna achchi baat hai esme humen apne trading par confidence milata hai magar contest ko win karne ke liye hum kuchh different strategy se hi trading karte hai jis se chalate ki humen real account trading me koi benefit nahin milata hai.

[sayinifx]

contest me participate karna chahiye ess se ki aap ko experience hoga aap ko ek target banana chahiye aur soch samajh kara chahiye tab aap ek perfect trader ban sakte hai.contest koi bhi trader join kar sakta hai aur usko market trand ke baare me paata chalta hai.

[xaxi]

i can see that by following some of the competition, you have a chance to see how far your skills in trading. and in the end, you can assess where your strong side, and where your weak side. And if you can learn from it, you probably will be better one day.

[horichad]

The competition often make someone trader better because they have a target and didn't reverence to losing money since umpteen competition use realistic money. But i imagine that is not resign any overflowing fight. I too never win in any competition and that is sometimes tidy bargainer writer shy smooth the accomplishment modify very wellspring.