Post
Topic
Board Trading Discussion
Re: How to approach a trading competition?
by
justdimin
on 20/11/2024, 19:21:42 UTC
On the moment that you've seen some competition and you do have that kind of confidence in regarding into the skills that you do have or the knowledge then you would really be considering out on joining
on some competition since you do have that kind of confidence that you could really be able to compete with other traders as well. Unlike when you are just starting up then you would really be having that kind of
hesitance in regarding into your trading skills on which its likely that you will be joining up with these things since you do really know on what you are really that dealing into. On the time or moment that you've seen yourself joining up then its impossible that you cant be able to tell the differences when it comes to skill specially if you have seen those profits gaps made out by other traders. Actually its not really that bad on joining up some competitions on which this could really be giving out that kind of training or enhancing yourself to become more even better. There are individuals who do really that treating up these things to be challenges
and not to getting up the prizes or rewards but rather they do really just that tending to go with the flow on what these competitions that really that trying out to give out.
Having that confidence is a big deal, not everyone has the same confidence and sometimes you end up making a greater return and sometimes you don't and we shouldn't be really considering how much we know what we are doing and could be just trusting ourselves way too much, but that's still better than not trusting ourselves at all. The reality is that these competitions tests your limits, and sometimes you are good and you could make it and could earn something, sometimes you do not make that much profit and you end up losing because of it but you learn from it.

The more you learn from it, the better you will do and the more profit you will get, so do not consider losing as a bad thing. End up doing whatever you can as best as you can and you should be fine. Trusting yourself doesn't mean that you trust yourself to win, it means even if you lose, you will get something out of that competition, learn from your mistakes, get better for the next time.