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n44bbo
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n44bbo
Contest - Metathron2000
in
Trading Systems
Feb 09, 2015 at 21:45
So, because it is a competition (with fake money) one can trade as if he was in Las Vegas (double or nothing) ?!I don't think that that is the right attitude as a trader.One has to compete as if he traded professionally within a drawdown parameters and money management; trading is not a lottery game, is a knowledgeable operation of skill and self control, of fear and greed and as much as a psychological activity.What satisfaction will anyone get from winning a competition playing like that ?? Instead, I believe that it will be very satisfying knowing that you won because you know better th...
Contest - Metathron2000
in
Trading Systems
Feb 09, 2015 at 12:52
in a real life trading, he would have had an heart attack by now.He has 6 positions open all in a loss, 1000 lots each; in any investment the drawdown is very important because it can wipe out all of your money.So this kind of demo contest are worth 0 in the real world, as the risk is too much for any investor
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