Participation in competitions can increase your confidence.

[sallo]

We surely work hard tto go ahead and achieve better than others when we are competing in a competition with other traders and finally it help in enhancing the trading skills .

[atizazelahi]

The trader can learn most things from the posts that people posted in the forum. The trend of trading is enhanced among the traders by participating. Forex trading is a safe investment for a unexperienced trader because there is no fear of losing.

[saqib1998]

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 competition mein hissa leny sy hamary confidance mein increase aata hy or hum is sy success hasil kar sakty hain keun k forex mein successful hony k liye confidance ki zarorat hoti hy.

[sudiptomondol]

Participate in the rivalry is a bully melody because they did not condition a lot of dollars to act and can get them a lot, we gain, for information, specified as contention Forks where the monthly tie may be able to get the dollars or a sumptuosity car as the value of involvement to accomplish many of the participants in this competition.

[ashvi]

Yes, very much true, when we are participating in the contests and suppose we get some prizes then traders get confident when they are trading. Thus, one should always be sportive enough when they are trading in the forex market so that they can keep learning process as continuous.

[kawal]

Participation in competitions can increase your confidence.I think competition can be a little help in improving the quality of our trading because of the promised prize. but in my opinion better learn to use a mini account first because we will be more motivated spirit.

[bahusol]

yes bro, it is a good idea. i have also seen some demo trading contests in instaforex. and as you said, the main factor of trading, the emotion doesnt play a part in it, so there are more chance to make emotionless decitions.

[nic]

je dear ye bohat he achi baat hai competitions main to humain zaroor hisa lena chhaye is se humain bohat sara confedence milta hai mujhee pehly contests ke bary main pata he nahi hota tha lakin ab mainin main zaroor hisa leta hun aor aik barr main ne win be kia hai

[salemkhan009]

They are still in the demonstration and true when we consciously do not usually afraid of the demo-account to throw money at the start of emotion, if it comes about, but the account is generally true for all people, through the mastery of it is just because of the number of mostly very well, of course, the strategy is to deal with the demonstration, and there is a similarity with other individuals, it would be best to be good, you have to learn how to behave themselves, wants to get the real money account.

[redboy]

i think confidence is best for trading and i think it is a tool for money making. it is not good or bad machine. whether earing or loss is depend on the person who operate this machine. if you know well how to handle it, it work for you without any complain in forex with patient