Has Trading Competitions competitions led you to challenge your skills?

[Bournesparks]

I think a lot of you traders can relate to me, ever since I joined this space in 2018, I have been struggling to make one trade or even a transaction. It doesn't matter if it was USDT p2p or anything.
I took so much time that I didn't even get to make profits that I hold but rather I lost a lot, But basically, it was my fault that I didn't really dig deep into it. Many of you are researching, checking project news, and familiarizing yourself with the charts. These three factors were not in my mind.
Years passed by, I learned to do much better than my newbie days. I gotta show my respect to all of the newbie traders here in the forum, cos I was in the same place as you and it didn't make me professional in an instant. It took me years to do what crypto traders would do to trade and make a profit

I have some friends that taught me how to trade much better, I am not sure if you guys were into trading competitions. I was partaking in some kind of annual trading competition called KCGI last year, that included demo trading & copy trading. That required my friends and me to create a team and we actually did some good trading volume in order to win rewards.
I learned that I would do demo trading and try my trades better, over time it was effective, as well as with copy trading.
There's a lot of trading competitions I joined in to get myself more into trading. I can't name them all but there was Bitget's KCGI, Binance Futures Tournament ,  WSOT by Bybit  Well of course, I didn't really care about rewards, but I once won something from Binance futures last year from doing futures copy trading.

If you guys really wanna get into them, then I think there'll be more crypto trading tournaments this year. You just have to be sensitive to announcements and have courage to participate ahah. Any experience about trading tournaments, let's hear your view.

Yes it's right that competition gives you a lot of view of trading and if you try hard to win you'll surely learn how to bear the pressure and how to overcome it to gain what you want.

As far as trading is concerned you have to invest your own assets so that you can trade with the fear of losing money.This fear will lead you to polish your skills and ultimately you'll get more profits as your skill set will be more professional then before.

True. Fear and greed are the two most factors that   kills your trading career and when you're in a tournament or competition. You tend to be outperformed due to those qualities.. OP hope you know one of the competitions you mentioned(KCGI2024) is back. And will start in 4days time. Have you joined a team?

[VicManton]

I think a lot of you traders can relate to me, ever since I joined this space in 2018, I have been struggling to make one trade or even a transaction. It doesn't matter if it was USDT p2p or anything.
I took so much time that I didn't even get to make profits that I hold but rather I lost a lot, But basically, it was my fault that I didn't really dig deep into it. Many of you are researching, checking project news, and familiarizing yourself with the charts. These three factors were not in my mind.
Years passed by, I learned to do much better than my newbie days. I gotta show my respect to all of the newbie traders here in the forum, cos I was in the same place as you and it didn't make me professional in an instant. It took me years to do what crypto traders would do to trade and make a profit

I have some friends that taught me how to trade much better, I am not sure if you guys were into trading competitions. I was partaking in some kind of annual trading competition called KCGI last year, that included demo trading & copy trading. That required my friends and me to create a team and we actually did some good trading volume in order to win rewards.
I learned that I would do demo trading and try my trades better, over time it was effective, as well as with copy trading.
There's a lot of trading competitions I joined in to get myself more into trading. I can't name them all but there was Bitget's KCGI, Binance Futures Tournament ,  WSOT by Bybit  Well of course, I didn't really care about rewards, but I once won something from Binance futures last year from doing futures copy trading.

If you guys really wanna get into them, then I think there'll be more crypto trading tournaments this year. You just have to be sensitive to announcements and have courage to participate ahah. Any experience about trading tournaments, let's hear your view.

Yes it's right that competition gives you a lot of view of trading and if you try hard to win you'll surely learn how to bear the pressure and how to overcome it to gain what you want.

As far as trading is concerned you have to invest your own assets so that you can trade with the fear of losing money.This fear will lead you to polish your skills and ultimately you'll get more profits as your skill set will be more professional then before.

This is absolutely true and I have seen this happen in time past, especially the mega KCGI trading and invitational event. It gives room for everyone to express their passion and how good they are at whatever they can do in the scope of the event. I could remember I had to give it all it took in the past and it ended up well, at least, I got rewarded for my effort. I will also add that we should also not be too sure that an event might not be rewarding when we have not participated yet or judging from our previous experiences. I expect this year to be better as well.

[Faisal2202]

If you guys really wanna get into them, then I think there'll be more crypto trading tournaments this year. You just have to be sensitive to announcements and have courage to participate ahah. Any experience about trading tournaments, let's hear your view.

I am glad that you won a prize from Binance, but my only advice to all newbies is, to keep yourselves away from future trading and doing copy trading in futures is way more risky because you are just copying others and those you are following even told you not to because they say, its risky (they give disclaimers) so when newbie do it on there own (as nobody do it without disclaimers) they can lose money because these influencers are trading with huge capital that a slight incremtn in price can make them huge money while you can't.

And by seeing them making money you starts to get the feeling of investing more so you could also make more, but in this hype or vibe you forgets there will be huge loss as well. So its good to take part in competitions where you only have to do demo trading as you are experiencing things and even if you lose it won't make any bad impact but a good one. So better start with demo competitions and then move onto real one but avoid futures please especially newbies.

[Natalim]

I personally know that it is going to take a while to make it work, so it is not really that much of a great deal. I almost never win, most of the time I lose, just won once in my life and that was a great feeling, ever since that day I have been chasing that dream and I think that is going to keep feeling a little bit different to me and I try to do whatever I can with what I have.

I have never won any of them and that's why I don't any more of them. Maybe it's just for fun if I do. Most of them doesn't really have that tough kind of competition and some of them really depends on the mechanics that they do. So, whoever trades the most and with most wins, they're the winners. And I can't have that stable stats and that's why I don't win to any of them. But for experienced ones, you can always participate them if you think you're competitive in trading.

Trading tournaments create a motivation to keep us competitive at some point, but somehow, it can still cannot guarantee a successful trading for someone who is still starting to learn the process. What we need is more exposure and consistent experience in the market, even if there’s no competition that is involved. As long as you keep practicing and learn from every mistake and small losses, you will definitely be a successful trader someday. Patience should always be given highest consideration.