Winston Churchill used to say that it is impossible to guarantee a victory, it is only possible to deserve it. How can one deserve a victory on Forex? What makes this victory? Most experts say that traders' success is the victory over themselves – their emotions, including greed, fear etc. Obviously, it has never been easy to deserve the victory. However, it is even more difficult to win a trading contests by showing the most consistent result among all the participants.
Sometimes, people say that trading contests are just another thing designed by market specialists to excite people and attract new clients. Still, some experts consider trading contests as useful thing that lets traders test their trading skills, approaches and strategies and compare them to others. This helps them to be more successful in the long run. At the same time, trading contests allow traders to win decent cash prizes though they participate in most of them for free.
These days, almost all the companies working in the Forex industry offer their trading contests. RVD Markets is one of such companies. It conducts several simultaneous trading contests on a regular basis.
According to Eugene Olkhovsky, Masterforex-V Academy’s leading expert in financial markets from Canada, trading contest eventually help traders to developed vital trading habits and skills. Obviously, there are only several winners but every single participant wins in the long run since he/she gets a lot of opportunities to test his/her skills and strategies apart from a chance to win a big prize.
Trading Contests by RVD Markets
http://www.rvdmarkets.com/en/contest#c_about
The «RVD Markets Limited» Company organizes contests of Traders, which main aim is popularization work on international financial markets and demonstrating the best results of trading on spot market. Within the competition of Traders, participants can demonstrate their abilities carrying out of trading operations on the contest account. The meaning of such competitions is that for a certain period of time to get the maximum profit or gain the largest volume among all participants.
These actions primarily contribute the expansion of investment horizons of contestants, as well as allow them to determine their level of knowledge of financial markets and financial instruments. All the contestants equally have the opportunity to show their talent, erudition and ability to trade on the Forex.
Features of contests from «RVD Markets Limited»:
· all types of accounts take part in competitions, including PAMM-accounts;
· all accounts with balance more than 100 USD at the moment of the beginning contest automatically take part in it;
· in contest automatically take part unlimited number of accounts from one participant, only the best account is awarded.
In November 2013, the company is conduction 5 trading contests:
Contest Race FX*
Prize fund: 300 USD (150/100/50)
Criterion of evaluation: Relative profit
Dates: 18.11.2013 − 23.11.2013
Contest Newcomer of RVD*
Prize fund: 500 USD (250/150/100)
Criterion of evaluation: Relative profit(Newbie)
Dates: 11.11.2013 − 07.12.2013
RVD Markets Cup*
Prize fund: 1000 USD (500/300/200)
Criterion of evaluation: Absolute profit
Dates: 11.11.2013 − 07.12.2013
Ruslion Cup*
Prize fund: 2000 USD (1000/600/400)
Criterion of evaluation: Trading volume
Dates: 11.11.2013 − 07.12.2013
Contest Giant PAMM*
Prize fund: 3000 USD (1500/1000/500)
Criterion of evaluation: Surplus of investors
Dates: 18.11.2013 − 15.02.2014
For more information, please visit http://www.rvdmarkets.com/en/contest
Good luck!
