Quote from: ancafe on Today at 04:31:35 AM

Quote from: Moxiee on August 07, 2025, 05:47:53 AM

I saw that Phase 2 of the Trading Club Championship recently ended, and a few traders shared they earned around 50 BGB in rewards just by trading daily. I missed that round, but since Phase 3 just started, I decided to join in and see how it goes.

No extra effort really ,it counts your regular spot trades. If there’s a chance to earn something extra while doing what I normally do, I don’t mind giving it a shot.
Anyone else looking into this phase, or sitting it out for now?

I'm not involved in this type of championship and may not be particularly focused on prize-related activities, but for those looking for some extra income, it might be worth a try. To meet the expected criteria, these types of trades usually have terms and conditions, and you must reach a certain trading level, which means profiting may not be as easy as you might think.

I prefer to trade during times of perceived momentum because I'm not the best trader, so identifying momentum can slightly reduce the risk of losing a lot of money compared to consistently engaging in daily trading. The phase you mentioned may not be as appealing to me yet, so there are no referrals.

Yeah I get that not everyone is really into those competitions because when you actually look at the requirements and conditions it makes the whole thing more difficult than what it looks like at first glance, most of the time the rewards sound attractive but the process to get there is not that simple and many traders who join thinking it’s a quick way to earn end up realizing it takes a lot more effort, patience and consistent strategy, and not everyone wants to commit to that.

Your approach of trading on momentum makes sense because instead of trying to catch every move or forcing trades every single day you are waiting for times when the market itself shows stronger direction, and that in a way reduces unnecessary risks, losses and stress. Some people think daily trading shows more discipline but in reality having the patience to wait and act only when the opportunity feels clearer is also discipline, and it can keep your capital safer in the long run. Even without referrals or prize chasing, that kind of method builds more stability which is something many traders struggle with.