josa
Member
Hello everyone. I am new to trading but I can find my way around. The other day I came across a contest at http://www.mt4brokersreview.com and I want to enter it cause the prize money is great and I'd like to give it a shot but my problem is since I'm new to trading and never been in a contest before, what strategy to use? Do you have any tips for a newbie? What is the best way to start with? Would you even enter it if you were in my shoes?
Please help.
Thanks
trance
Member
As a forex beginner it is quite difficult to make money currency trading. Finding which forex strategies work can be hard. It is not advisable to spend money on expensive forex courses as it is possible to get all the info you need to be a successful forex trader online for free. Forex trading forums like this one are usually good resources. I would also advise getting a company that does free forex seminars / webinars. As a beginner to currency trading I would advise company like makemoneycurrencytrading dot co dot uk as they teach you their strategies for free.
johan
Member
Once the highest percentage profit is calculated, the winners will be chosen. Before entering an actual live contest such as this one, it is advised for new investors to open a virtual demo account to test the waters by learning hands on what trading through an FXTSP account is. Another is the Micro forex contest, where a deposit of five hundred dollars is required to enter the contest. In this contest, there are three winners with first place receiving twenty five thousand dollars, second place will receive ten thousand dollars and third place will win five thousand dollars. Again, once the highest profit or gain is calculated the winners will be chosen.
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