Topic: Has Trading Competitions competitions led you to challenge your skills? - page 3. (Read 328 times)

Trading is never a competition in all honesty, but if joining trading competitions will help you to improve your trading potentials, then go. Don’t deprive yourself to get challenge, but make sure that you are ready to lose as well. Trading has more on losses than gains, most particularly for beginner traders, but if you have sufficient experience in trading that makes you a competent and competitive one, then accept the challenge and trade responsibly.

Through competitions, it is also possible that you show here what skills you have, and it is also possible that the reason is to prove to yourself that you can keep up with others to show the skills that you can also win.

But you should also remember that there are participants in the competition who are so proud of themselves that when what they expect does not happen, it becomes a way for them to fail to achieve their goals, which is the reason for stressing them out. Instead, it would have been just sports.

Competitions and challenges can be good to challenge your skills and motivate you to want to improve in trading.

 But you should be careful too because if you try to partake in any of this kind of competitions before you are actually ready for it, you may actually just be preparing yourself to get depressed maybe from loosing in the competition and by thinking that there's probably too much in trading that you don't know and will never be able to learn because of some untrue reason etc.

Do not put yourself under pressure to compete with anyone.

I think a lot of you traders can relate to me, ever since I joined this space in 2018, I have been struggling to make one trade or even a transaction. It doesn't matter if it was USDT p2p or anything.
I took so much time that I didn't even get to make profits that I hold but rather I lost a lot, But basically, it was my fault that I didn't really dig deep into it. Many of you are researching, checking project news, and familiarizing yourself with the charts. These three factors were not in my mind.
Years passed by, I learned to do much better than my newbie days. I gotta show my respect to all of the newbie traders here in the forum, cos I was in the same place as you and it didn't make me professional in an instant. It took me years to do what crypto traders would do to trade and make a profit

I have some friends that taught me how to trade much better, I am not sure if you guys were into trading competitions. I was partaking in some kind of annual trading competition called KCGI last year, that included demo trading & copy trading. That required my friends and me to create a team and we actually did some good trading volume in order to win rewards.
I learned that I would do demo trading and try my trades better, over time it was effective, as well as with copy trading.
There's a lot of trading competitions I joined in to get myself more into trading. I can't name them all but there was Bitget's KCGI, Binance Futures Tournament ,  WSOT by Bybit  Well of course, I didn't really care about rewards, but I once won something from Binance futures last year from doing futures copy trading.

If you guys really wanna get into them, then I think there'll be more crypto trading tournaments this year. You just have to be sensitive to announcements and have courage to participate ahah. Any experience about trading tournaments, let's hear your view.