Re: Has Trading Competitions competitions led you to challenge your skills?
Of course, taking part in a trading competition is something that is challenging and can encourage us to improve our trading skills because we are motivated to be the best, especially when the prizes offered are large, but to be honest, I see that it is more suitable for those who have large capital, because I remember once participating in it at my local CEX and was successful as a participant who got one of the prizes but was not the main winner and when comparing the capital and profits I got during the competition with those who were the main winners were very different, so I came to the conclusion that trading competitions are only suitable for traders with large capital and day traders because while they are trading they can get additional capital if they are successful as winners.
You're spot on—trading competitions aren't just for the big spenders. Sure, having a hefty budget helps, but as your experience shows, there's plenty for traders at any level to gain, IMO. Think of these competitions like a boot camp. They push you to refine your skills under pressure, expose you to different market conditions, and provide opportunities to learn from others. Plus, you might even win a prize. Demo trading and copy trading are fantastic, especially for beginners. It's like a risk-free sandbox where you can try things out and learn from the experts. I believe everyone should try trading competitions, regardless of their bankroll. See it as a personal challenge and a way to elevate your trading skills. In the end, the experience and knowledge you gain are far more valuable than any cash prize.Do you have any tips or tricks you've picked up from trading competitions?
