Ever tried out any trading competition
Ever tried out any trading competition
I participated in my first trading competition back in 2021, and it was an incredible experience! It was a team competition, and I was privileged to be among a talented group of traders. Although we didn’t emerge victorious, I seized the opportunity to enhance my skills and learned a great deal.
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!
These are my words on trading competition, there are some other points but the core is here about what I think of these competitions, so I thought let’s find an old post as this is also an old recurrent topic so let’s save some energy for today.
Just add something in it that is also covered in other topics that, it its a capital race, if you have good capital and you are experienced enough go for it otherwise stay away.
I was trying to join some trading competition on Binance a month ago but there’s a requirement I didn’t meet the requirements that’s why I failed.
You are lucky that you experienced the competition how about your team did they contact you and ask about your strategies?
I saw some videos on YouTube who join in competition usually their favorite indicator is vwap and by doing scalping they can increase the PNL pretty fast their skills are Amazing I learned a bit and copied their strategy but in my case, instead of making a profit I lost much than win.
That is why I decided to trade in an hourly time frame instead of a minute or 15-minute trading because it’s pretty risky, and your capital will be lost quickly.