rockstar Posted January 18, 2012 Share Posted January 18, 2012 I know much well that a contest ought to produce winners that are given valuable trophies but when it comes to forex trading I see contests for demo accounts. Could that bring a valuable trophy or a demo reward Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted March 2, 2013 Share Posted March 2, 2013 If we manage to come to the top then we receive a prize in a demo contest. However demo contest does not give us an opportunity to learn or practice Forex trading but we simply gamble to reach the top position. Quote Link to comment Share on other sites More sharing options...
pepy Posted March 4, 2013 Share Posted March 4, 2013 If we manage to come to the top then we receive a prize in a demo contest. However demo contest does not give us an opportunity to learn or practice Forex trading but we simply gamble to reach the top position. are you sure? lol we can learn too there but with few pressures since we think that we will get bucks there too,and it will give real pressure even we trade in demo account, but overal this contest is good for some newbie who want to see how much they improve and taste some real atmosphere of trading. Quote Link to comment Share on other sites More sharing options...
gaban Posted March 5, 2013 Share Posted March 5, 2013 Forex contest to be one place to hone traders trading and also to obtain additional capital to their real accounts. I also take part in forex contest are hold by InstaForex but i never won the contest, because forex contest is tight competition, if we wanna be a winner, we have to be best of the best among traders. Quote Link to comment Share on other sites More sharing options...
pepy Posted March 5, 2013 Share Posted March 5, 2013 Forex contest to be one place to hone traders trading and also to obtain additional capital to their real accounts. I also take part in forex contest are hold by InstaForex but i never won the contest, because forex contest is tight competition, if we wanna be a winner, we have to be best of the best among traders. i joined FBS contest before but the result is same with you, i lose here, actually i think this contest can be helpful for newbies, because it will give them more experience rather than only trade in demo account but also they don't have anything to lose here, while have chance to earn something here Quote Link to comment Share on other sites More sharing options...
riddick09 Posted March 5, 2013 Share Posted March 5, 2013 I never tried any trading contest so far, because most of it are difficult to win so, I just keep myself busy with the demo trading. However, trading contests can be also a way to determine how competitive you are and if you can really be a good trader having different setups and profits you can make in that contest. Since, those contests are source of good capital as well. Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted April 4, 2013 Share Posted April 4, 2013 Surely it is not impossible to win a demo account but certainly it is very difficult. There are large number of traders who participate in the demo contests and compete with each other to reach the top position. So it is very difficult to win a prize. Quote Link to comment Share on other sites More sharing options...
pepy Posted April 5, 2013 Share Posted April 5, 2013 of course, it is not impossible thing to happen but you all must know it is hard also to be active in demo contest especially if we want to get 1st or 2nd prize. I even see some experienced traders that joined this contest and as we know the result is they are the winner, how can i beat them? if they are experienced traders Quote Link to comment Share on other sites More sharing options...
davils9 Posted May 26, 2013 Share Posted May 26, 2013 there are no gain without pain. actually it is a risky business. so man can earn money from here day by day. when a man increase her knowledge he would be success in forex market . so be care Quote Link to comment Share on other sites More sharing options...
gaban Posted May 29, 2013 Share Posted May 29, 2013 Surely it is not impossible to win a demo account but certainly it is very difficult. There are large number of traders who participate in the demo contests and compete with each other to reach the top position. So it is very difficult to win a prize. That's right. To be able to win demo contest that held by broker, we have to be the best of the best, it mean we should effort maximally. And that's true, there are many traders with skills that we haven't know yet, keep discipline and use good money management. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 7, 2013 Share Posted June 7, 2013 I think there are low chance for us to get profit when we trade, and also from my point of view, that forex contest could be a good thing for many traders especially for newbie, because here they can trade and learn at the same time also still there are chance to win contest. Quote Link to comment Share on other sites More sharing options...
gaban Posted June 8, 2013 Share Posted June 8, 2013 i joined FBS contest before but the result is same with you, i lose here, actually i think this contest can be helpful for newbies, because it will give them more experience rather than only trade in demo account but also they don't have anything to lose here, while have chance to earn something here Do not be sad, even though we could not win the contest, the most important thing is we get the trading experience and we've done our best in the contest. Use our trading experience for our real trading. And we also can take part in next period. Quote Link to comment Share on other sites More sharing options...
davils9 Posted June 10, 2013 Share Posted June 10, 2013 there are contest in forex market. Man can make more money from forex market. When a man need to money he can join here and can earn money from here. If a is honest and good he will be rich form forex. so need to leave his greed and work hard . Then he will be success in forex. Quote Link to comment Share on other sites More sharing options...
davils9 Posted June 11, 2013 Share Posted June 11, 2013 Forex is a good and legal business. So now a days it is most popular business. There are no man can not make money easily and can not change his life by the forex. So we need to increase our skills day by day then we can start our business and make unlimited money from forex. Quote Link to comment Share on other sites More sharing options...
davils9 Posted June 12, 2013 Share Posted June 12, 2013 Man can make money from the forex, if he would be a good trader. To be a good trader he need to learn more and more, so it is very important to increase his knowledge . So he can be join a forex trading institute or any where then he will be success in forex market and be happy. Quote Link to comment Share on other sites More sharing options...
gaban Posted August 16, 2013 Share Posted August 16, 2013 Now, there are many broker which hold trading contest for their trader both demo trading or real trading. The most important is we must use it wisely, maximize it to hone our trading skills so we will get better result when trading Quote Link to comment Share on other sites More sharing options...
Redoy94 Posted August 26, 2013 Share Posted August 26, 2013 If you win the demo contest in the forex trading from any broker then they give some money for trading or you can withdraw your earning money from your demo trading contest. Quote Link to comment Share on other sites More sharing options...
Redoy94 Posted August 28, 2013 Share Posted August 28, 2013 The forex contest is very good if you can win the forex contest then you get bonus and you can withdraw the bonus and also you can trade with your bonus.But i am think that trade with bonus is good. Quote Link to comment Share on other sites More sharing options...
gaban Posted August 29, 2013 Share Posted August 29, 2013 Contest demo does have many benefits. Here we can test our trading ability. We can know how far our skills in trading. So we can compare our trading strategies with other traders. That way we can evaluate our trading strategy. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted September 3, 2013 Share Posted September 3, 2013 Demo contest is good place for traders to hone trading skill and get chance to win the prize that we can use to get additional capital for trading. Now, i don't take part in demo contest, because my broker don't hold demo contest, but i can take part in Trader of The Month will get $500 from my broker. Quote Link to comment Share on other sites More sharing options...
gaban Posted September 4, 2013 Share Posted September 4, 2013 Too bad you do not hold a broker demo contest. In instaforex also often hold demo contest. Instaforex demo contest held not just one, but many. I've followed the demo contest held by my broker. Here I can test my trading skills. In addition, my experience also increases. Quote Link to comment Share on other sites More sharing options...
Decub Posted February 2, 2014 Share Posted February 2, 2014 Contests are just meant to encourage traders with the incentives it offers. In the case of that of Demo contest, the result is that of a trading capital which the trader can use to trade in the real account and the profits made over the capital can be withdrawn. That is basically the main reason behind contest. Quote Link to comment Share on other sites More sharing options...
standart Posted February 6, 2014 Share Posted February 6, 2014 forex contest help traders to get high capital. since the prizes usually high. if traders have lack of capital but they are have excellent trading skills, can join trading contest and win it in order to get high capital to trading. there are many brokers which offer trading contest as part of promotion. Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 6, 2014 Share Posted February 6, 2014 demo ontest is one of the best contest which admin of any forex site broker can ever give out this contest ensure that we trade with good motivation while competing with others traders to obtain more knowledge . Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 8, 2014 Share Posted February 8, 2014 some broker give the opportunity to the client for follow the contest, if you want the contest you can get gift from the forex broker like get money or car. is depend on you broker rule. Quote Link to comment Share on other sites More sharing options...
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