How to Hack and Win a Forex Trading Contest
The first time I took part in a forex trading contest, I blew up in 2 days.
In the following year, I came in 9th out of 2000 participants.
Now you’re probably wondering:
“How did you do it?”
Well, I’ve got a few “tricks” up my sleeve that I’ll share with you later.
But first…
Know that these “tricks” you’re about to learn can be used for good or evil.
So, promise me you won’t abuse them and use it for the wrong reasons, all right?
If I have your word, then let’s begin…
What is a forex trading contest?
A forex trading contest is a competition between traders to see who can achieve the highest return over a period of time.
Some forex trading contest involves trading real money whereas some uses paper money.
Now, before you get excited about winning the next forex trading contest, you realize that…
Why winning a forex trading contest doesn’t mean you’re a consistently profitable trader
You’re wondering:
“Why is this so?”
The reason is simple.
A forex trading contest is like a simulation. There is no pressure as you’re not trading with real money (even if you are, the amount is usually minimal).
In other words, a forex trading contest is like driving Daytona in an arcade whereas the real world of trading is like racing in an F1.
As you’ll see later…
Winning a forex trading contest requires different strategies and techniques…
…some even involves breaking the cardinal rules of trading.
But before I get to the strategies on how to win a forex trading contest, you must first know…