I really have an aversion to trading competitions. This is because I tend to get it wrong when the signals are mixed up and I sell at the dip and buy at a high
Then obviously it is actually difficult to win in the trading competition.
But, have you tried to do so that when you want to buy, then you sell, and when you want to sell, then you buy? If your principle works, the reverse should be the key to success.
I participated in a few trading competitions and I won some money! I used to do it on bitcoin.com exchange, they have competitions all the time, I think they still do that! It's tricky to participate in one, you need to be online most of the time and follow the changes! As Jaered said, signals are mixed or don't exist, some whales get in and makes total confusion! Trading competitions are for the people who have a lot of time to be active in competition, mostly it's quiet, but when things start to happen you need to be there!
