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$ 6 000 Expert4x Forex trading competition for demo and real accounts using manual and EA trading
Forex Trading Challenge
In the last few years Expert4x has run some great trading competitions (see the results below). There have been some very nice cash and holiday prizes won by our trading clients. In the past the prizes ranged from overseas Bahamas Holidays, $5 000 and $ 3 000. This trading challenge will be different in that ANY EAs or manual trading techniques can be used to achieve the best return on Equity over a 5 week period. The object is to stimulate trader creativity to come up with trading approaches and techniques we all can learn from.
Why not accept the challenge and enter this FOREX TRADING CHALLENGE. You can enter and join the competition at any time and trade any trading tools or techniques you like. Entry is free and there are some nice cash and product prizes to be won.
Forex competitions are great as they show what is possible when trading Forex. They are also good learning experiences when winners are prepared to share their strategies. They will help many traders come out of their shells and actually trade with aim of generating gains. Hopefully Watchers will become Players too.
This year we are offering $ 6 000 worth of prizes – many of them in hard cash. To open the competition up to all traders, the top 21 traders will all receive prizes.
The competition runs from 21h00 (GMT) 25th of June 2017 to 21h00 30th of July 2017 (5 weeks)
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Trading stocks typically have the lowest fees on eToro, which is one reason why I recommend you stick to this market when starting out.
All trades charge both a spread and daily rollover fees.
It really comes down to individual trading strategies and preference. But to give you an idea, I tend to hold on to stocks for a minimum of 6 months and all other trades tend to have an average duration of about two-three weeks.
A final word on over-trading.
This is a point that I want to expand on a little more, specifically in relation to copying other traders. Below is a screenshot of my equity chart over six months. The red line shows the number of people copying me.
My equity vs copiers chart.
The same holds true for the stock market in general.
Long-term growth of UK stock market.
How to Start Trading Cryptocurrencies.
Cryptocurrency trading can be extremely profitable if you know what you are doing, but it can also lead to disaster. Even though most traders decide to either go with fiat or bitcoin, other cryptocurrencies can represent viable income sources, as long you as you tread carefully and understand what you are doing. This guide is for those who want to start getting involved in cryptocurrency trading.
Where to trade.