It will require a lot of confidence to want to partake in a trading competition, Because it will require a lot of skill and confidence in yourself first and what you bring to the table if you are in a team. I do not think that it will be beneficial for any newbie in trading to want to try out a trading competition when their knowledge and skill in trading is not enough yet because if it is an individual competition and they come out last, that can really hurt their confidence and decision to be traders.