
During the week of the
Beijing Olympics opens. A landmark event and look forward to as well as a good reason to speculate about the similarities treydiga and sports. In any sport is the goal - rather shoot, run faster, etc. In trading a similar purpose - swimming pool, shooting range. In markets all also see the same schedule, but the ability to work on it now depends on the skill of the trader. To succeed in trading is necessary, as in sports, spend a lot of this time. If you do an hour a day, such as tennis, then after a while of course the basics of the game will be developed fairly quickly, but the wizard, you stanene unlikely. Trading also requires enough time, especially on initially.
Traders also have their own competition. For some reason called the competitions, although the word 'competition', as I think this is suitable for most. Tournaments are several types of traders, as well as various disciplines in sport. Tournaments are different in length (the competition may last as 1 day or two months or more), a set of tools (somewhere in the rules allow trading in all markets, but there may be limitations or separation of the nominations), the restriction of certain types of trade (and usually Scalping scalping). In some tournaments, the winner is not determined by the number of profit, but by scores that are derived from the profit indicators, drawdown, profit factor and several other throughout the competition. It is important to only participate in those contests, which coincide with the style of your trade. If you are trading intraday or medium, the one-day tournaments you hardly suitable. The purpose of victories in the competition is not so much the grand prize as an opportunity to attract the attention of potential investors.
Winning the competition, which continues, for example, a few months shows how the trader's ability to make a steady profit, and his psychological stability. First you have to decide whether the tournaments in your goals? After all, does not necessarily prove to everyone that you are good trader. If you do not intend to win the tournament trader, famous trader in the environment and find a good investment, then this should be treated seriously and thoroughly. For successful participation in any competition need to plan ahead and exercise. If you want to win tournaments trader, you must first carefully read its terms. The main thing is to participate in the competition came from your trade, ie to look for competition, appropriate to your trade, and not the other way to change his trade for a particular contest .. If the tournament has a story, then look at the results of the top ten. If your trading system is capable of A similar, you can start training. TC can display a smaller result, then need further work on the trade. It is desirable to trade a few times in tournament conditions. You can create a separate account with the same balance, leverage and trading there in exactly the rules of competition. Such training will be extremely useful because can really make progress in advance of the competition and be ready for it. Winning the competition always enhances self-esteem and gives a new inner strength. If you can win a few competitions, thereby showing its stability, the rebound in investors will not be exact, and maybe get on the cover of forbes. Successful trader wins! Ignat Borisenko