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Demo account Contest


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341 replies to this topic

#41
myregister

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Demo trading contest is best for all, if I am be to like an expert and I see trading contest with high prizes then I would love to participate there especially been an expert. My chances would improve so much more while yes for a newbie it can be taken as alternative to ordinary demo account where we get lazy or bored due to no rewards at all but at the same time we have to be careful in not gambling but try to win the contest by proper method and strategy.

This is not a win win solution dude, so i cannot say that is as the best, but for newbie this is a good deal to see how good they are compared to the other traders, also in demo contest up to the third best usually get some nice sum of money as the prize.


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#42
uncle gober

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Demo account should be able to improve the skills that the trader is able to trade properly in the real account. with a variety of exciting prizes, contest demo account was followed by many traders that makes the opportunity to practice and compete.
 


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#43
myregister

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@uncle gober: Demo account for sure is able to improve a trader skills  unless they take that account just for nothing. The only one thing that maybe has less impact to a trader's improvement is their emotion control, some traders find demo account less challenging so it may hinder their emotion control.


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#44
sidejob

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I see demo contest as the place for even newbie to making some bucks by competition without afraid of losing the real money, it is good as the first test of how good a trader when it comes to trade and as the proof of students to their mentor.


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#45
Decub

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I see demo contest as the place for even newbie to making some bucks by competition without afraid of losing the real money, it is good as the first test of how good a trader when it comes to trade and as the proof of students to their mentor.

There are those who can make something good from Forex and they will be able to have a better knowledge and understanding of what they want to achieve in Forex. It is a matter of knowing what you can get from it and also being able to get that because that is what is of utmost importance and Demo contests can propel your trading capital once you win.


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#46
uncle gober

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The contest is helping traders to benefit especially if used are real account. But for be successful trader does not only rely on the ability of analysis and indicator but require the concept of trading with the correct money management. Now, Trader can use a demo account contests like Forex demo contest weekly are held by TICKMILL for maximize they skill 

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#47
LuckyHunter

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Demo account is best way to learn about forex. wanna try no deposit bonus for trading? You have a unique ability to get a size-record no deposit bonus $1 000 from Freshforex broker and you also know Freshforex performance


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#48
Levie

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how we can be successful in forex trading? of course we should have increasing trading skills, success in forex is not as easy as we thought. to be successful we need to have good trading skills. for that we need to improve the ability trading. Follow the demo contest can improve trading skills


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#49
radex78

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I think demo contest still attract many trader to take part in contest, also many expert trader also they can take part because usually demo contest offer prize that attract many trader to joiend, with free risk but having opportunity to get real prize that can use later in real account as capital


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#50
Norm O'Neill

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Demo is not something that we have choice of not going with, it’s something which is absolutely necessary and the quicker we’re going to understand this, the more chance of getting success we have, but one thing is also obvious that human’s nature is something which won’t allow him/her to work on demo for too long with motivation, so that’s why demo contest is the best solution, it’s a way where we can fill in the requirement like in demo, but the greatest benefit is that we can also win some serious prizes, so that’s why it’s so much more preferred. I love working with OctaFX broker on their demo contest especially cTrader, it’s weekly based with 400 USD prize, so that’s why it’s so good!


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#51
radex78

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Demo account still as free place to backtesting any system trading and strategy in forex, with treat demo seriously hence any trader will can more undersdtand with the market behaviour because they will get real experience in real market condition, although demo account can't giving emotion pressure but still useful to backtesting strategy


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#52
myregister

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@radex78 : Now it is not just the only place to do backtesting or learning place but also the place to earn money. Only from contest you can earn from demo account and its earning is not in small sum of money but the prize is very big. Some full time traders even want to spend some of their time to join the contest.


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#53
aliforex

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@radex78 : Now it is not just the only place to do backtesting or learning place but also the place to earn money. Only from contest you can earn from demo account and its earning is not in small sum of money but the prize is very big. Some full time traders even want to spend some of their time to join the contest.

 

Yes, demo account will give us more trading experience that we can use to earn more profit. There are many broker which provide demo account and we must try to maximize it as well as possible.


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#54
Levie

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Demo account contest is a very good contest which is organize by our broker to be sincere when we do and take part in demo contest I think we stand a good chance of getting profit and succees at the same time in here which is really excellent since our knowledge will kick up to require amount 


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#55
Cherry

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Sometimes forex trading firms start a contest for both the beginners and the experienced traders. The aim of these forex contests is only to increase the popularity of the trading firms among the traders. Every trader can join these contests but the participation from the beginners is more as compared to the experienced traders. The forex contests may be of many types such as monthly, micro, mini, Refco FX and MG Forex. The winners of these contests receive the cash prizes.


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#56
uncle gober

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Forex risk management can make the difference between your survival or sudden death with forex trading. You can have the best trading system in the world and still fail without proper risk management. Risk management is a combination of multiple ideas to control your trading risk. It can be limiting your trade lot size, hedging, trading only during certain hours or days, or knowing when to take losses. For this, a trader can use a demo account contests like Forex demo contest weekly are held by TICKMILL

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#57
gaban

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to succeed in forex then we need to learn a lot and practice trading with both the cause is not easy to succeed in forex therefore, we need to be able to utilize our time to continue to improve skill well with a demo account or to participate in the contest demo

 


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#58
gaban

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Demo accounts will help us to be able to improve the skills properly or understand mt4 well. a demo account is very important for traders because a demo account will allow us to practice trading comfortably and safely without risk


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#59
greatness123

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That is another opportunity to earn as much as we can and still test our tradind skill in forex market through demo account,but you did not state how much will be baid into my account for contest
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#60
sidejob

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But you must compete with the other traders to earn just first, second or third prize. In real trading you can earn even not as big as you may think, the earning is yours and you get your a bit of share. This is more like fair way if you trade in proper way or when shits don't happens when you trade. To me demo contest is fine just don't overdo it.


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