I’ve always heard complaints about exchange trading comps — unfair rules, bots dominating, or hidden conditions. Decided to test it myself.
Joined a small trading challenge 3 months ago and ended up winning $100. Tried again later and won $250. Not life-changing, but encouraging enough.
From this little experience, I picked up 3 lessons:
1. Don’t judge until you’ve actually tried.
2. Some comps do provide a fairer playing field.
3. Pick competitions that match your category and strength.
Curiousto know if anyone else here had similar or opposite experiences with trading comps?
What trading competition do you mean exactly? The ones that I've seen on Binance are terrible and if you are not a whale, you can't win them. Even if you win them, they are so tiny that it's not worth it. I prefer to deposit money on a random crypto casino and wager a few Bitcoins instead of competing on these trading platforms.
I also don't like taking part in trading competitions because I feel rushed and when I'm rushed, I make mistakes. I trade 1-2 times a year and in the trading competition, you are forced to trade many times to increase your chances of winning the competition, this is where you make mistakes, so no, thanks, it's not for me.