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Author Topic: Can you participate in a trading competition?  (Read 3967 times)

Offline DominionAJ

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Can you participate in a trading competition?
« on: August 13, 2023, 02:42:58 PM »
Are you a good trader?

Are you confident enough with trading skills to take up challenges?

If you’re confident enough you can perform well, there is a trading competition for you where you can battle for 2,650,000 USDT. Also note that there is a reward for those who equally invite their friends to participate in the event.

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Can you participate in a trading competition?
« on: August 13, 2023, 02:42:58 PM »

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Offline aracelitwillis

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Re: Can you participate in a trading competition?
« Reply #1 on: August 30, 2023, 09:15:36 AM »
Trading competitions can be a fun way to test your skills and maybe even score some rewards.

Offline Cordillerabit

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Re: Can you participate in a trading competition?
« Reply #2 on: September 01, 2023, 02:57:24 AM »
Trading competitions can be a fun way to test your skills and maybe even score some rewards.

yeah trading competition is good you can learn from it i already joined trading competition many times, much better to joined demo trading competition much safer

Offline cryptoworld1

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Re: Can you participate in a trading competition?
« Reply #3 on: September 04, 2023, 05:59:15 AM »
The goal of a trading competition is to earn the highest return on your investment. Depending on the nature of the competition, contestants might have to either trade on real accounts or demo accounts. Keep in mind that the usage of demo funds might heavily impact the effectiveness of traders.

Offline Crypto Master

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Re: Can you participate in a trading competition?
« Reply #4 on: September 28, 2023, 10:58:01 PM »
Woow great

Offline Gormicsta

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Re: Can you participate in a trading competition?
« Reply #5 on: January 17, 2024, 03:23:22 AM »
For me, I don't think I can participate in a trading competition with my reasons which are...
1. Fear
2. Low self-esteem etc, but I think it's also a good idea to join in a competition because it will increase your IQ, it will be of more help than harm.

Offline Dr.Bitcoin_Strange

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Re: Can you participate in a trading competition?
« Reply #6 on: January 23, 2024, 11:01:07 PM »
For me, I don't think I can participate in a trading competition with my reasons which are...
1. Fear
2. Low self-esteem etc, but I think it's also a good idea to join in a competition because it will increase your IQ, it will be of more help than harm.

Well, I don't think the trading competition that was mentioned was that of derivatives or future trading. I think the competition he meant is normal spot trading, which is mostly done by some centralized exchange. For example, there was this old centralized exchange that usually conducts traditional competition. The way it was conducted was that anyone could keep buying a newly listed token or an old coin, and whoever bought the most coins usually won the price. I even think that Binance has done such activities before, but what I don't know is if they still do them now.

I believe that's the kind of trading competition that the OP meant.

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Re: Can you participate in a trading competition?
« Reply #6 on: January 23, 2024, 11:01:07 PM »


Offline debra

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Re: Can you participate in a trading competition?
« Reply #7 on: January 23, 2024, 11:59:29 PM »
Why don't. I can participate in the trading competition. But I think it is not a must. Although you are a professional trader, you are free to not joining trading competition.  ;D

Where do you get the information about trading competition with 2,650,000 USDT as the prize?
If it is from top exchanges, I think it is no problem to join the competition. But if it is a new exchange, I think we must be very careful. Moreover if they ask to deposit a certain amount of money to the exchange.


« Last Edit: January 24, 2024, 12:02:38 AM by debra »
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Offline jeraldskie11

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Re: Can you participate in a trading competition?
« Reply #8 on: January 24, 2024, 03:54:24 AM »
Are you a good trader?

Are you confident enough with trading skills to take up challenges?

If you’re confident enough you can perform well, there is a trading competition for you where you can battle for 2,650,000 USDT. Also note that there is a reward for those who equally invite their friends to participate in the event.
A person can tell himself whether he is good enough to compete in a trading competition. Some traders are frightened to compete, not because they are unprofitable, but because they lack confidence. Personally, I believe that now is not the moment to participate in a trading competition. I must first prove to myself that I can earn a profit even if the market is not in good condition, or else I will be wasting my time and money trying to stay on top. But I still hope that one day I will be one of them.

Offline Litzki1990

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Re: Can you participate in a trading competition?
« Reply #9 on: January 24, 2024, 04:44:01 AM »
For me, I don't think I can participate in a trading competition with my reasons which are...
1. Fear
2. Low self-esteem etc, but I think it's also a good idea to join in a competition because it will increase your IQ, it will be of more help than harm.
Participating in trading competitions is good because you try your best, there is no such thing as you always have to win prizes by participating in trading competitions. You are trying your best by participating in competitions. Now you are trying your best and this effort will definitely make you more confident in trading later. You are a trader and if you are afraid of being a trader and if you lack confidence then you will never achieve desired results from trading. Make trading your passion and make sure you have maximum confidence in trading. You will find trading much easier when you eliminate fear and trade with maximum confidence.

Offline $crypto$

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Re: Can you participate in a trading competition?
« Reply #10 on: January 24, 2024, 11:49:32 AM »
Trading competitions can be a fun way to test your skills and maybe even score some rewards.

yeah trading competition is good you can learn from it i already joined trading competition many times, much better to joined demo trading competition much safer
But to do so we must have a very strong mentality, because it is undeniable that we are there for the purpose of one of them to get a prize, and when we don't master that sometimes we won't get any lessons from what we do.

We have to form a mentality from the start, I mean we can use it for learning purposes so that we can focus more and when the prize is waiting in front of us, don't make it the main goal, just think of it as a reward for our hard work.

Because in my opinion if we focus on one thing, especially prizes, sometimes we forget other important things.

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Re: Can you participate in a trading competition?
« Reply #11 on: January 24, 2024, 12:23:45 PM »
I'm a very bad trader since I don't have much experience and am afraid of risk.

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Re: Can you participate in a trading competition?
« Reply #12 on: January 24, 2024, 12:53:18 PM »
Are you a good trader?

Are you confident enough with trading skills to take up challenges?

If you’re confident enough you can perform well, there is a trading competition for you where you can battle for 2,650,000 USDT. Also note that there is a reward for those who equally invite their friends to participate in the event.

Trading competition is good, in my opinion, especially if you have high confidence in yourself. We are the only ones who know whether or not we can keep up with traders in the crypto space. But even if we say that I already know something about crypto trading, I'm still discouraged, but maybe if I think that it's just for experience, it's possible.

It's just that sometimes I am put off participating because the amount required to be a part of the competition is also large, and because of the amount requirements, I regret participating, which is the reason why I no longer participate in such a situation.
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Offline Jamal Aezaz

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Re: Can you participate in a trading competition?
« Reply #13 on: January 24, 2024, 01:57:53 PM »
Are you a good trader?

Are you confident enough with trading skills to take up challenges?

If you’re confident enough you can perform well, there is a trading competition for you where you can battle for 2,650,000 USDT. Also note that there is a reward for those who equally invite their friends to participate in the event.
You should provide more details about the trading competition you are talking about. what kind of trading competition is that? which exchange holding that competition and does that require trading with real cryptocurrencies or will provide demo coins for trading?
I am not a trading Expert, but I do trading occasionally, and whenever I see a good signal or suggestion I try to follow that with as much money as much I can afford.
I don't mind joining any trading competition as long as I don't have to invest a lot of money and risk loosing all of them.
there is an Exchange Called PrimeXBT they regularly host trading contests where you can trade with demo funds and earn real rewards. I some time join their competions, unfortunately never won any because of high competition and other traders are experts. so I don't stand a chance. but it is always fun to join these and learn about trading.
here is the link: https://primexbt.com/contests
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Offline Sim_card

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Re: Can you participate in a trading competition?
« Reply #14 on: January 24, 2024, 02:55:05 PM »
Are you a good trader?

Are you confident enough with trading skills to take up challenges?

If you’re confident enough you can perform well, there is a trading competition for you where you can battle for 2,650,000 USDT. Also note that there is a reward for those who equally invite their friends to participate in the event.
I don't think it is wise to trade because of a competition, this might not bring out the best in you due to anxiety, and you might not be able to control your emotion. Trading needs calmness and not when you are on pressure, some traders will end up losing in trading competition, when they are professional traders and they make profit. I would not trade when I am not mentally stable, because trading is not easy. Over confidence can also make you run at great loss.

 

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