Always thought that is how it works. Interesting approach, made me wanna try out one day
Absolutely @Johnson21 it is interesting and I too wanna try it. Demo contests are a great opportunity to try our trading skills while competing for cash prizes and gifts. It’s a win-win, if you succeed you’ll get a reward or if you don’t you’ll at least learn something.
I am defo in if they do
Three years ago I took part in a competition to receive money for management. The competition was run by a prop firm that traded stocks on the NYSE market. I paid money for participation, the competition lasted a month. I had very little experience back then and failed. But I saw how others can trade and it inspired me.
Would love to see if admin/mod can make demo contest for fun
I’ve considered it but never done it. I know there are several different types and some even give out prizes like money or phones to the winner, however, I assumed that there are probably a lot of entries so I’d imagine it’s really hard to win.
Yeah I joined one and was fun, I guess you throw some of your rules out the windows, but with the one I was in whoever made the most profit for a time period won a prize
Yeah…that would be fun!!
Hahaha! Maybe we should tag them just so they could look into this suggestion? Haha.
Ooooh! That’s a good point. Maybe if ever, there should be a limit in the number of people who could join?
Yeah. That makes sense. Haha. In the one that you joined, were you guys required to give updates daily, weekly or whatnot?
I think we’ve been talking about a demo contest for far too long, but we have yet to actually join one here. Haha!
Have heard multiple times about demo contest but never really thought of participating.
Go ahead, I am right behind you on this
I have heard much about these contests but I have never participated in them. I am thriled to do that in the nearest future.