I still recall frequently revisiting the live feed on YouTube to analyze and improve my strategy. The competition had a profound impact on me, and I emerged a better trader. What are your thoughts on trading competitions? If you're aware of any upcoming competitions, I'd love to hear about them!
Trading competition can improve your trading skills because you will always want to become the better trader to win the prize therefore you will be cautious on how you are trading so you do not encounter losses and this will improve your overall trading ability. Trading in groups is another benefits that this competition can give because you meet other traders that you can learn from and also impact. Trading competition comes with a prize money and that is the biggest benefits because you can use your share to continue trading and grow the capital to a bigger amount than could change your life. Trading competition has negative effect too because it can make you to become too competitive that you would not want you lose which is not a good habit all the time because it can make you do things you would not like.