How to win in forex trading contests

Becoming a winner in a forex trading contest can be a source of pride, apart from getting a prize, it also provides engagement with trading performance which can increase investors' interest in investing using the fund manager's services.

As for the trading contest itself, there are demo contests and contests with real accounts. The way to handle the two contest models will be different because in demo contests only demo accounts are used, so most use the maximum lot to achieve maximum profits with high risks and even margin calls.

In contrast to real account contests, where you use your own money to join the competition, most traders will prioritize strategy and risk management to win. Discipline with strategy and risk management is important to become a contest champion.

  Traders would very well be  in going to the extra-mile level to get good result outings if it means s forex competitive setting and when the generality, the winning of forex could be achieveed by the following in the mind. pay attention to pivot level,trade with an edge,preserve your trading capita,simplify analysis and make good use of stop loss oreder execution.

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