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?
I personally enjoy scalping tournaments, especially those that last no more than a week. They're a great way to test my strategies for quickly growing a small account in real market conditions. I usually stick to the same few brokers that run these competitions regularly.
At first, I was also skeptical that they were fair—the winners' results just seemed too high. But over the years, I've figured out how they achieve those numbers.
By the way, there's also a way to participate in 'no-lose' non-trading contests where every participant gets a reward. Those funds are also perfect for practicing high-growth strategies without risking your own capital.